Good opportunity to buy before Silver shoots beyond $50 oz.
Maybe... But right now it’s a good bit lower than it closed end of day Thursday and still goin down.
Let’s say someone wanted to purchase some Franklin coins. According to Goldline, there is .36169 oz of silver in the coin. The current spot price is $46.34 (or thereabouts). Goldline is selling the coin at $26.17. How do I determine its current market value? If I multiply the spot buy price by .36169 oz, I come up with $16.76. Additionally, 10% of the coins is made of copper and the coin was made between 1948-63 (approximately 510M were minted). Is this a worthwhile investment? I realize that the spot price could nose dive but I am trying to get an idea of the coin’s market value at this time.