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Posted: 3/14/2011 8:12:50 PM EDT
[#1]
Silver price is about $36-37/oz right now, isn't it? For 25 oz, the price should be $925, and shipping should maybe be $15 or so (including insurance). If I were interested in buying silver right now, the most I would pay for 25 oz of silver, shipped, is $950 - so the price you are talking about seems a bit high to me.
The fact that the other auctions either have some shill accounts, or some people really are stupid enough to pay DOUBLE of what they should be paying  , does not make silver any more valuable than the current price of $37/oz or so.
Unless I am missing something. I don't really know much about those particular coins, so maybe they have some value beyond the silver content? All of my silver is Morgan dollars and Walking Liberty half dollars. |
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Posted: 3/14/2011 8:15:09 PM EDT
[#2]
First, they're not coins. They're silver. I'd rather get silver coins and not silver made to look like coins.
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Posted: 3/14/2011 8:22:21 PM EDT
[#3]
Silver is at $34.96/oz right now.
$34.96 x 25oz = $874.00 Purchasing at this price is a good deal only if you believe silver will continue to increase in value, AND if you believe it should cost $99 to ship something that weighs 25oz. By way of comparison, just prior to the Y2K hype, silver was barely over $5/oz. And I'm reasonably sure it shouldn't cost $99 to ship something that weighs just over 1.5 lbs. |
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Posted: 3/14/2011 8:31:27 PM EDT
[#4]
They're just bullion and have no numismatic value, so there's no point in paying anything above spot for them.
Apmex is your friend. |
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Posted: 3/14/2011 8:39:37 PM EDT
[#5]
I'd skip 'em and get some eagles or maples. They are hella raping you on shipping
Posted Via AR15.Com Mobile |
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Posted: 3/14/2011 9:43:07 PM EDT
[#6]
Quoted:
They're just bullion and have no numismatic value, so there's no point in paying anything above spot for them. Apmex is your friend. Quoted:
I'd skip 'em and get some eagles or maples. They are hella raping you on shipping Posted Via AR15.Com Mobile If I bought 25 Silver Eagles from APMEX, it would cost $1,031.00 plus $19.95 S&H or $1050.95 ($42.04/oz). There is a premium associated with all silver bullion that I am finding. I am looking for an immediate turn-around and all the offers on 'the auction' site has them going for a significant premium. Some have over 25+ bids and there are multiple purchases which decreases my fear of shill accounts. |
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Posted: 3/14/2011 9:46:59 PM EDT
[#7]
Quoted:
Quoted:
They're just bullion and have no numismatic value, so there's no point in paying anything above spot for them. Apmex is your friend. Quoted:
I'd skip 'em and get some eagles or maples. They are hella raping you on shipping Posted Via AR15.Com Mobile If I bought 25 Silver Eagles from APMEX, it would cost $1,031.00 plus $19.95 S&H or $1050.95 ($42.04/oz). There is a premium associated with all silver bullion that I am finding. I am looking for an immediate turn-around and all the offers on 'the auction' site has them going for a significant premium. Some have over 25+ bids and there are multiple purchases which decreases my fear of shill accounts. Silver Eagles are also inflated. Some people like them and feel that they're worth a premium. I don't - to me they're just bullion. They're not official coinage; they just look cool. If I were in a buying mood I'd buy Random generic rounds or bars or junk silver. Last time I was paying attention you could still make some money buying junk silver on ebay. |
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Posted: 3/14/2011 10:00:38 PM EDT
[#8]
Quoted:
Quoted:
Quoted:
They're just bullion and have no numismatic value, so there's no point in paying anything above spot for them. Apmex is your friend. Quoted:
I'd skip 'em and get some eagles or maples. They are hella raping you on shipping Posted Via AR15.Com Mobile If I bought 25 Silver Eagles from APMEX, it would cost $1,031.00 plus $19.95 S&H or $1050.95 ($42.04/oz). There is a premium associated with all silver bullion that I am finding. I am looking for an immediate turn-around and all the offers on 'the auction' site has them going for a significant premium. Some have over 25+ bids and there are multiple purchases which decreases my fear of shill accounts. Silver Eagles are also inflated. Some people like them and feel that they're worth a premium. I don't - to me they're just bullion. They're not official coinage; they just look cool. If I were in a buying mood I'd buy Random generic rounds or bars or junk silver. Last time I was paying attention you could still make some money buying junk silver on ebay. 25oz from that would cost $959.00 + $19.95 = $978.95 ($39.16/oz) Your recommendation would actually be $4.62 MORE expensive, for silver that carries no premium if I want to sell (unlike the ATB coins which seem to be selling for almost 2x), not minted by the US government in a aesthetically pleasing manner, and not guaranteed by the US government of its weight and purity. Why would I want to purchase that silver over what I originally purposed? |
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Posted: 3/14/2011 10:26:34 PM EDT
[#9]
haven't looked at ebay lately
know where to sell my kookaburras if I decide to 1300-1500 for a kilo? Jesus Christ  too bad ebay/paypal takes 10%  |
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Posted: 3/15/2011 7:12:27 AM EDT
[#10]
Quoted:
haven't looked at ebay lately know where to sell my kookaburras if I decide to 1300-1500 for a kilo? Jesus Christ
too bad ebay/paypal takes 10% The ebay and paypal fees will cut into the profits. |
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Posted: 3/15/2011 12:16:10 PM EDT
[#11]
Quoted:
Quoted:
Quoted:
They're just bullion and have no numismatic value, so there's no point in paying anything above spot for them. Apmex is your friend. Quoted:
I'd skip 'em and get some eagles or maples. They are hella raping you on shipping Posted Via AR15.Com Mobile If I bought 25 Silver Eagles from APMEX, it would cost $1,031.00 plus $19.95 S&H or $1050.95 ($42.04/oz). There is a premium associated with all silver bullion that I am finding. I am looking for an immediate turn-around and all the offers on 'the auction' site has them going for a significant premium. Some have over 25+ bids and there are multiple purchases which decreases my fear of shill accounts. Silver Eagles are also inflated. Some people like them and feel that they're worth a premium. I don't - to me they're just bullion. They're not official coinage; they just look cool. If I were in a buying mood I'd buy Random generic rounds or bars or junk silver. Last time I was paying attention you could still make some money buying junk silver on ebay. I don't pay a premium on eagles and stick as close as possible to spot prices and even have kitco bookmarked on my phone for negotiations. what I like is they are easily identifyable and easy to trade and sell. Posted Via AR15.Com Mobile |
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Posted: 3/15/2011 12:18:33 PM EDT
[#12]
if you can't afford a green monster then don't waste your time, and save up to buy a monster
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Posted: 3/15/2011 12:33:46 PM EDT
[#13]
Quoted:
Silver Eagles are also inflated. Some people like them and feel that they're worth a premium. I don't - to me they're just bullion. They're not official coinage; they just look cool. They are legal tender, worth $1.00 face value. |
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