Just a heads up, silver coins are now worth about 15X of face value !

[Doug]

Today It`s $ 23.95 what do think doug ? What price should i be looking for ,i beleive its johnson/ matheney ??

thanks data

I don't really know where bars typically trade at....I see silver at $24.63 today. I can't say what is fair on bars, if it's coins I'll tell you what is fair.

I'd prefer a smaller chunk than an all or nothing 100 ouncer. If I was buying 100 z's I'd much prefer 100 one ounce bars to 1 hundred ounce bar.

I'd guess no worse than $1 under spot with the big bar, hopefully less of a discount than that. Pure guesswork on my part. You could call my guy Steve at 203-453-9363 and he might help you with some info.

just don't tell him you live in california and won't be selling it to him. He can probably tell you why is offering whatever he offers bbased on the size. I suspect 1 ounce bars, ASE's. etc. are worth more than the big chunk bar per troy ounce.

Survivalists want Silver to trade.... I'll give you ten gallons of gas for 1 ounce of Silver type barter if the shit hits the fan....doesn't work well with the big bar. Coins work well in that scenario.

16X face now, no less is fair at $24.63

just watch for halves of 1965-9 they look like 90% silver but are 40%. I wouldn't want to a buy a bag of 1964 halves....You'd have to look at every coin to make sure you aren't losing like $4 a coin.

[mr. leisure]

Thanks doug, data ,outlawdino ,blackbesst and everyone who contributed to this great thread

I`m gonna hold to my coins and bars long as i can

[Doug]

I called Steve...

16X on coin silver

50 cents behind spot on the bar or about $2413

[Doug]

Doug is on top of things with is info. The numbers have been changing rapidly as silver and gold have made great gains this year. The coin shop I work at is currently paying 16X face for 90% U.S. silver coins...we have been selling them 1.5 over our buy. Those numbers are adjusted as silver goes up or down. And to reiterate Doug's point on these circus shows that come around to the hotels...they buy at low prices so make sure you check with your local dealer so you don't get ripped off.

As for what you can expect to get for your .999 silver bullion, shop around...for the longest time we were paying spot for bullion then went to 25 cents under spot, and currently 50 cents under spot. If you have a "household name" such as Silvertown, Engelhard or JM you should not have a problem selling any 100 ozt bars. Some bars look like they were poured in a garage, so be wary of buying them because you may have a hard time selling them.

To all of you who bought gold/silver in the past and held onto it, congrats on your profits. To those who are just getting into the game of buying, get ready for an exciting ride. Although bumps and corrections are always expected, gold/silver have broken through a few phases of resistance and projections look great for those who are still buying for the long term.

A 50% markup on junk sliver is too steep, IMO !

You buy at 16 ( fair) and sell at 24 ( too high), IMO.

20 is more reasonable.

It's junk not a numismatic coin. That's the way I see it.

[Doug]

fair is fair, and 16X of face value is now the fair price. I don't know what is fair for 14 carat by the gram, but I could get a fair price, if I was selling.

5x for coins is a bad buyer. do some research.