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Tulving buy prices on 90% have gone up.
Dimes-Quarters-.80 over
Franklin/Kennedy Halves-.90 over
WL Halves-$1.00 over.
GOD BLESS & BRING OUR TROOPS HOME!!!
Hey Q,
welcome! Great to see ya here.
If he has any, Hans Tulving has the lowest premiums around. His 5,000 dollar minimum purchase can be intimidating as can his foul attitude and general disdain for other living organisms, but other than that, he has some of the lowest all-around premiums in the retail sphere.
Tulving has upped the buy on dimes & quarters to $1.20 over & halves to $1.40 over.
SL halves still $1.50 over.
GOD BLESS OUR TROOPS!!!
Premiums over at Apmex are at 5 dollars an ounce for ASE's if you buy 20 or less and use a card. Junk silver isn't a hell of a lot better.
http://www.gotgoldreport.com/2013/0...eans-higher-premiums-for-us-silver-coins.htmlHOUSTON -- There are few better barometers to gauge demand for bullion products on the street than the dealer to dealer premiums on those products. For old U.S. silver coins in moldy canvas bags premiums are on the rise as the price of silver has been doing the opposite.
Premiums are the amount over the current spot or cash price paid or collected in a bullion transaction. The opposite is, predictably, called a discount.
Witness then, in the chart just below, the reported premium over the spot or cash price which has developed for “90% silver bags” (circulated pre-1965 U.S. dimes, quarters and half dollars in cloth bags of $1,000 face value, each containing about 715 ounces of pure silver).*
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(Data courtesy of Coin Dealer Newsletter or CDN, compiled by GGR staff) (More…)
For much of the past decade “90%” has traded at “par” or at a small discount to spot silver. Over the past three months, as silver has corrected from the $31.50 level to the $27s, CDN reports that dealers have been willing to up what they pay in dealer-to-dealer arm’s length transactions from a tiny discount of $0.08 per ounce in January to a $1.28** per ounce premium over spot the first week of April. [Higher now, SA]
Obviously retail customers would pay slightly more than the dealer prices on average for a straight up trade.
Clearly as silver prices have fallen demand for some silver products has increased, not decreased in the very efficient public market for physical silver metal.
The last time we witnessed premiums of this size for “junk silver,” as it is inappropriately called in the trade, was during the 2008-2009 crash in silver prices. During the height of the panic then, as silver collapsed from roughly $18 to about $9, premiums spiked briefly as high as $4 over spot.
The recent rise in premiums absolutely reflects the fact that with silver under $30 fewer owners are willing to part with the popular silver product at the same time as investors want to purchase more of it.
Independent dealers locally report that “90%” is available, at a price, but they also report very steady, even robust demand for all legacy U.S. gold and silver coinage at the moment.
Update:
Buy prices down,now.
$1.00 over
$1.20 over
$1.40 over
GOD BLESS & BRING OUR TROOPS HOME!!!
CookieJar is a Filipino coin dealer that got my name somehow. I've not a clue how. Every six months, I get a THICK catalog of mailbid offers. Two rolls of 1943 war nickles "still have luster" min bid 50 each, one roll BU 1964 Kennedy halves (20 coins) min bid 190. Winning bid at 10% over second highest bid. Gave it a shot at 60 and 200. We'll see.
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