The US Mint Is Hiking Silver Prices, Will Charge $67 For Each 1-Ounce Uncirculated American Silver Eagle Coin In Just Five Days

Silver and Doctors ^ | 10/09/20

[Enlightened1]

I'm not saying this is going to happen but his evidence is the Mint and the Federal Register.

Can't help but wonder if this is part of the Global Reset.

[Enlightened1]

Here is a interesting video about it.

https://youtu.be/WYu_lL3brM8

[RushIsMyTeddyBear]

Bkmrk

[UnbelievingScumOnTheOtherSide]

Buying and melting pennies and nickels is a better deal.

[LeoTDB69]

Silver spot today was around $24 so thats a pretty hefty markup.

[JonPreston]

Last I looked today silver is up $1.25 an ounce

[Rio]

$30.20 online:

https://www.providentmetals.com/2020-american-eagle-1-oz-silver-coin-bu.html

[Enlightened1]

Agree but the Silver and gold markets have been suppressed for about 10 years now.

[kearnyirish2]

The Canadian Maple Leaf has a better face value; buy them instead.

[UnbelievingScumOnTheOtherSide]

They are $30-$31 on the secondary market.

[Psalm 73]

"The Canadian Maple Leaf has a better face value; buy them instead."

They are also .9999 pure versus .999 for American Eagles.

[sauropod]

Spot price for silver right now is $25.14. You can’t impute a +$42 price hike on a single coin just because your expenses are going up.

I also don’t get where “these coins are one step above, for example, a “tube of Eagles””...

I’ve bought silver tubes of Eagles before and they are every bit as good as single uncirculated Silver Eagles.

[cherry]

I’ve got at least 100 sunshine silver mines boullion that I’ve had for many yrs...bought at $9.

[lizma2]

Got about 30 Morgan Silver dollars that my Grandparents collected from the 20s. About 15 silver vases, pitchers, cups and a bunch of silverware.

Time to sell? And where?

Unemployed and feeling it.

[JoSixChip]

They are also .9999 pure versus .999 for American Eagles.

My understanding is that American eagles are alloyed to make them more durable as a currency. The favorable thing about them is that they are easily recognizable, thus easier to trade with.

[bobby.223]

I hold physical silver, and have for years, but I’m not 100% sure exactly what this story means for those currently holding coins, and future purchases of more of them. Anybody sum it up so even my old dome can understand it? Thanks in advance FReepers!

[Danette]

Home shopping networks were selling a new silver eagle in a slab for $90+ not long ago. Something about the design changing and these were the last?

[CivilWarBrewing]

Hat tip to Enlightened1, thanks. Very enlightening.

[CivilWarBrewing]

Create an Ebay account if you don't yet have one and list one item in traditional auction format (or 'Buy It Now' at a fixed price) and see how it goes..

You can always pull the auction listing if silver starts to tank so you can avoid having to sell at a price you feel isn't appropriate.

First, search for your items on ebay, then using their 'SOLD/COMPLETED AUCTIONS' filter to see what those items have sold for recently.

[Lurker]

Buy whatever has the lowest premium.

L