Nessus; I keep a close eye on gold and silver coin premiums. If there was going to be a reduction in premiums it should have started last month. It did not.

eBay prices

The premiums for actual gold and silver coins is going up! The current ( 13 Feb 09) eBay premium for Gold Eagles is:

1 oz, 12.3%

1/2 oz 21%

1/4 oz 19%

1/10 oz 35%

The eBay premiun for silver eagles is 50% or a per coin average active bid of $20.38 ! For silver mapleleafs its $19.78 or 45%. For the very poor struck libertad its $19.53 or 43.5%

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The premium on silver eagles is hovering around $4 from a good dealer in lots of 500 (the famous green box). The premium on the 5 silver Euro coin is over 300% !!

These are cash for metal prices. The only thing that will reduce the premium is to increase the price of CRIMEX metal to match the real market value of gold and silver. That would put JP Moron and their massively short sidekicks out of business. Moron is considered "to big to bail" in its current precarious financial state.

Botton line is that, in my opinion FWIW, the price of silver and gold are low now and will only get higher as we go. It is always posible that the CRIMEX set price could see a temporary decline, but you may not be able to buy actual metal any cheaper than it is today even if gold and slver "correct" 10%.

Good luck my friend!