Elway777 Posted May 12, 2020 Share Posted May 12, 2020 I have a question about Silver Eagles. From the mint or graded how do I get my original investment back. I keep reading dealers will only pay spot or Below. Thanks Link to comment Share on other sites More sharing options...
JKK Posted May 12, 2020 Share Posted May 12, 2020 1 hour ago, Elway777 said: I have a question about Silver Eagles. From the mint or graded how do I get my original investment back. I keep reading dealers will only pay spot or Below. Thanks You mostly don't, depending on what you paid and where bullion prices are at. They're modern bullion coins. Link to comment Share on other sites More sharing options...
Elway777 Posted May 12, 2020 Author Share Posted May 12, 2020 Well, silver is at 15+ right now and the American Eagle runs 28 to 32. How are you winning? Link to comment Share on other sites More sharing options...
Alex in PA. Posted May 12, 2020 Share Posted May 12, 2020 52 minutes ago, Elway777 said: Well, silver is at 15+ right now and the American Eagle runs 28 to 32. How are you winning? You can't. For decades now the system was designed to favor the dealer and NOT the buyer/seller. Link to comment Share on other sites More sharing options...
Conder101 Posted May 13, 2020 Share Posted May 13, 2020 11 hours ago, Elway777 said: From the mint or graded how do I get my original investment back. In general...you don't. 8 hours ago, Elway777 said: Well, silver is at 15+ right now and the American Eagle runs 28 to 32. That's nuts. I don't follow the bullion market much anymore, but it used to be silver eagles tended to trade just two to three dollars over spot. I know the distributors buy them from the Mint at $2 over spot. My guess is the shut downs at San Francisco and West Point got people worked up and they've been bidding them up. Link to comment Share on other sites More sharing options...
