This article is full of crap. I don’t believe a word of it.
You can buy pre-65 silver at or below spot, including delivery, for spot price ($1000 face bags) at tulving.com.
Maybe some local gougers are getting more. But I GUARANTEE that no one is selling silver proofs or Eagles for less than spot. Nobody.
Do you trade in post-1965 silver proof quarters?
Exactly.
$1000 face is over $28K @ spot. Most places will give you a nice deal if you’re dropping that much cash all at once.
And yeah, Eagles are selling at around 10% over spot. 1996 Eagles for quite a bit more than that.
That is the scam with the pre—65 silver; when you try to sell it you get a “melt price” instead of the “spot price” you get with regular .999 bars (or coins). This crap is a hoax to screw the less-knowledgeable “investor”.
If something sounds too good to be true, it is; the US had to ditch the Gold Eagle for a Gold Buffalo because of the same issue; China, Canada, and Australia were selling pure gold coins, while we were selling second-rate, “melt-price” stuff; now we also sell a new, pure gold coin.