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Message: Where Did The Gold Go To

doctor ankherwho, i had noticed the same thing about silver. i think the dealers have silver bullion, they just won't sell it for $17. anyone who wants to buy silver can find all they want on ebay, but they may not like the price. over the weekend i looked at several dozen auctions on ebay and the lowest price i could find for a completed auction was about $21/oz. most were $22-23/oz and the rest were even higher.

the coin and bullion dealers don't believe the comex price and neither do i. yesterday i received the following e-mail from a coin dealer. at the time, the spot price of silver was $17.21, and the coin dealer j daniel rare coins was offering to pay $20 for ordinary one-ounce silver eagles. i don't know what their spread is on physical bullion, but i don't think they will be selling those coins for $17.

this is re-posted from my forum as we are more into silver over there.

Precious Metals Alert:


J Daniel Rare Coins pays highest guaranteed prices
on your silver, gold and platinum coins.

Today's prices:

1964 and before: ANY CONDITION
Roosevelt & Mercury dimes $1.30 each
Barber Dimes $2.00 each
Barber Quarters $4.00 each
Standing Liberty Quarters $3.75 each
Washington Quarters $3.25 each
Barber Halves $8.00 each
Walking Liberty Halves $7.00 each
Franklin Halves $6.50 each
Kennedy Halves $6.50 each
Morgan and Peace Dollars $15.00 each
1965 - 1970
Kennedy Halves $2.75 each
Silver Eagles $20.00 each
US Gold

$2.50 Liberty & Indian $225.00 each
$5.00 Liberty & Indian $295.00 each
$10.00 Liberty & Indian $575.00 each
$20.00 Liberty & St Gaudens $1000.00 each
Gold Eagles & Gold Bullion Coins
1/10 oz. ($5.00) $100.00 each
1/4 oz. ($10.00) $250.00 each
1/2 oz. ($25.00) $500.00 each
1 oz. ($50.00) $1,000.00 each
Platinum Eagles
1/10 oz. ($10.00) $190.00 each
1/4 oz. ($25.00) $475.00 each
1/2 oz. ($50.00) $950.00 each
1 oz. ($100.00) $1,900.00 each

We pay more for higher graded & certified coins.

Prices good through Monday March 24, 2008
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