10 ASE's

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S

SilverStacker

Big Eyed Bug
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I know silver is pricey right now but I have a hankering for some 1 oz ASE's, 10 of them I believe should scratch that itch. $45 apiece or there abouts. Its been awhile since I bought ASE's.

Whatyouthink about that ?
 
Yeah I do buy a fair amount of junk silver but over all I like coins the best. Between 1, 5, and10 oz bars, along with junk silver, they probably make up 50% of my white metal , at least, with the other 50% being coinage. ASE's, Britannias, Libertads, Philharmonics, Koo-Koo's, Maples, Krugerrand's, Morgans, and of course a smattering of rounds. As long as they are economically digestible I really prefer coinage and its been a good long while since Ive bought ASE's.

But your right in pointing out junk silver and I have invested in a pile. Quarters and halve mostly and the old Lady inherited a big pile when her father died.
 
Eagles carry a premium over other retail silver in part because it's IRA eligible and there is demand from IRA investors. That premium can increase or decrease as overall demand grows or wanes (or silver supply flows or gets constrained).

My guess is that supply will likely constrain the US Mint's production in the near future and premiums (for both buying and selling) on ASEs will rise again like they did circa 2011 or so. It's just a guess though. YMMV.
 
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