May
29
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?
American Silver Coins on eBay:
1 Gram solid .999 SILVER Liberty American Eagle Coin
| US $0.99 (0 Bid) End Date: Sunday Sep-05-2010 17:56:36 PDT Bid now | Add to watch list |
NGC 1999 - P PF70 Ultra Cameo Silver Eagle
| US $690.00 End Date: Sunday Sep-05-2010 17:57:16 PDT Buy It Now for only: US $690.00 Buy it now | Add to watch list |
2006 PCGS PR70DCAM 1st Stk 20th Ann. Proof Silver Eagle
| US $270.15 (16 Bids) End Date: Sunday Sep-05-2010 17:58:27 PDT Bid now | Add to watch list |
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2 Responses to “How much should I expect to pay for silver bullion?”
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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.