generic slab saints ms62-65 are more $$ with gold at $840 than when gold was$995

[michael]

interesting

 

the premiums have gone up........................ way up

[michael]

[zrlevin]

Silver too.

 

You can't seem to buy silver on ebay for less than $20 an ounce.

[bsshog40]

I would presume that even if the metal value has gotten cheaper, the investment value has not gone down.

[Oldtrader3]

In this financial environment, nobody is selling any precious metals unless it is to put food on the table.

[Houston Investor]

Everybody knows that gold and silver are headed up, way up. So they are not going to give it away unless they are forced to to pay bills.

 

I have around 2000 ounces of silver bullion related material I am just sitting on until the bullion explodes 200 - 300% and up. Ditto for around 200 oz of gold coins.

 

Now I will retail a little of this every now and then if I am getting well above replacement cost. If I need to blowout some at these low market prices, I will only sell what I need.

 

As far as nice slabbed material they are for sale at retail and I buy up what I can at bluesheet from people desparate to sell. Because I have more than enough nice material to fill my cases at shows, I only buy and sell at my price. Knowledge is power in the coin business and the key in making a big margin is to buy it right and not give it away selling too low.