How much should I expect to pay for silver bullion?
May 29, 2010 · Posted in Questions About Silver Coins
I know the price of silver is about $11 an ounce right now. However, I went to my local coin shop and they are asking between $17 and $20 for nearly all of their one ounce silver bullion coins. Is this overpriced or is this what I should expect to pay anywhere?
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eBay Ending Soon:
NOEL RM-4EN MINTAGE 10 SILVER ART BAR ENAMEL
$1,000,000.00
11d 19h 7m
16 SEALED U. S. MINT BOXES OF 2006 20th ANNIVERSARY SILVER EAGLE SETS*
$128,000.00
17d 8h 7m
RAINBOW MINT SILVER CERTIFICATE ENAMELED SILVER BAR
$100,000.00
2d 17h 27m
1993 AMERICAN SILVER EAGLE FIRST STRIKE NGC MS70 POP 1
$100,000.00
12d 9h 16m
Compare on eBay, which is higher still, then compare on Apmex.com.
Apmex is about as fair as I’ve seen anywhere. They have Silver American Eagles right now for $3.99 over spot. This is common for such a small quantity for coins.
Bulk silver bullion will only be a few pennies above meltdown price (spot).
Yeah the best place right now is Apmex. They have the Buffalo rounds at 13.88 today. They just got in a new 1oz silver coin for 14.88. I’ve never seen these before. Ebay is a little pricey.