Gold and silver prices are down

[Individualist]

Hysterical photograph. Even though the dollar amount is significant it’s really less that half of one of those good delivery bars. Nothing to sneeze at but just a very silly photo.

 

[Win]

Where are the next supports for the price of silver? If there is a selloff on Monday, where might silver fall to? I’m considering children's Christmas presents if things get ugly.

 

[enbloc]

Where are the next supports for the price of silver? If there is a selloff on Monday, where might silver fall to? I’m considering children's Christmas presents if things get ugly.

2022 Christmas Silver Bars & Rounds Gifts | SilverTowne

 

[Varmint]

Where are the next supports for the price of silver? If there is a selloff on Monday, where might silver fall to? I’m considering children's Christmas presents if things get ugly.

$18.50 is major support. If that fails it’s probably $15. Of course you won’t be able to buy physical anywhere near there but silver miners would be the bargain of the century. I don’t think we’ll go below $18.

Black arrows are silver support and resistance.

 

[Win]

I knew you would know. Thank you!

 

[ASHDUMP]

 

[Varmint]

These are cool, seem to be original coins and not restrikes. Might buy some if we get a cash back deal. As is they’re $200 Over spot.

SPECIAL PRICE! Italy Gold 20 Lire Umberto I 1879-1897 AU (Random Year) | eBay

SPECIAL PRICE! Italy Gold 20 Lire Umberto I 1879-1897 AU (Random Year). These Italian Gold 20 Lire pieces depict King Umberto I and were minted between 1879-1897. Obverse: Depicts the left-facing profile of Umberto I.

www.ebay.com

 

[enbloc]

Silver Prices are low at this time. Not super Low, but best prices in a while...
$23.51 per coin + Tax
Sale Price - Roll of 20 - 2022 1 oz Austrian Silver Philharmonic Coin BU (Lot, | eBay

 

[tommyh]

Silver Prices are low at this time. Not super Low, but best prices in a while...
$23.51 per coin + Tax
Sale Price - Roll of 20 - 2022 1 oz Austrian Silver Philharmonic Coin BU (Lot, | eBay

View attachment 655225

Picked up a roll when SD had them on sale. A little higher at $24.58 per coin but still a good deal for stacking.

 

[oldgunner]

Silver Prices are low at this time. Not super Low, but best prices in a while...
$23.51 per coin + Tax
Sale Price - Roll of 20 - 2022 1 oz Austrian Silver Philharmonic Coin BU (Lot, | eBay

View attachment 655225

Thanks. I picked up a couple of rolls.
Buying two rolls (23.355/oz) is cheaper per oz than what's available from the online PM vendors right now

Showing results for the cheapest 1 oz Silver Coins​

Silver Spot Price: $19.18 per ounce
Product Bullion product name	Dealer Dealer Name	P/oz over Spot Premium amount over silver spot per ounce. When searching fractional ounce items, per item price over spot is shown in parentheses	Lowest Price Cheapest price available from the dealer shown
2022 Canadian Silver Maple Leaf 1 oz Coin	Monument Metals Free Shipping @ $199	4.26 (+22.21%)	$23.44
2022 Austria Philharmonic 1 oz Silver Coin	BGASC	4.47 (+23.31%)	$23.65
2022 Great Britain Britannia 1 oz Silver Coin	BGASC	4.72 (+24.61%)	$23.90
2022 1 oz Silver Krugerrand South Africa	BOLD Precious Metals Free Shipping @ $199	4.75 (+24.77%)	$23.93

 

[Individualist]

Thanks. I picked up a couple of rolls.
Buying two rolls (23.355/oz) is cheaper per oz than what's available from the online PM vendors right now

Showing results for the cheapest 1 oz Silver Coins​

Product Bullion product name	Dealer Dealer Name	P/oz over Spot Premium amount over silver spot per ounce. When searching fractional ounce items, per item price over spot is shown in parentheses	Lowest Price Cheapest price available from the dealer shown
Silver Spot Price: $19.18 per ounce
2022 Canadian Silver Maple Leaf 1 oz Coin	Monument Metals Free Shipping @ $199	4.26 (+22.21%)	$23.44
2022 Austria Philharmonic 1 oz Silver Coin	BGASC	4.47 (+23.31%)	$23.65
2022 Great Britain Britannia 1 oz Silver Coin	BGASC	4.72 (+24.61%)	$23.90
2022 1 oz Silver Krugerrand South Africa	BOLD Precious Metals Free Shipping @ $199	4.75 (+24.77%)	$23.93

I’m a fan of the maple leafs - gold and silver. Typically very good prices compared to eagles, and very familiar to US buyers.

 

[Win]

Maples are also 4 9. Eagles are only 3 9

 

[smokey-seven]

Maples are also 4 9. Eagles are only 3 9

So what does that work out to in dollar value?

 

[Palladin]

Won this in a raffle last week

 

[Individualist]

So what does that work out to in dollar value?

Not much on a few but for the big boys I bet it does. I suck at math but what is the formula 0.0009 x $23/coin = $0.0207/coin or $20,700 for a million coins? Or is my math off?

 

[yogi]

Went to a large flea market in central mass this weekend. There’s at least two dealers who are regulars there with decent inventory. I hadn’t been since May but went this past weekend and there was only one dealer with very little at crazy prices. Lots of tables with signs saying “buying gold and silver”. Physical is still hard to find.

 

[Varmint]

Not much on a few but for the big boys I bet it does. I suck at math but what is the formula 0.0009 x $23/coin = $0.0207/coin or $20,700 for a million coins? Or is my math off?

Not sure this is what you mean but the two coins have the same amount of silver, one has slightly more weight.

 

[ASHDUMP]

Need to buy my yearly gold.... This one will sting the pocketbook.

Looking at 2022 Gibraltar

2021 Gibraltar Lady Justice 1 oz Gold Coin

Buy the 1 oz Gold Coin Gibraltar Lady Justice by Scottsdale Mint for sale. The design includes a woman holding a scale and sword representing justice.

www.scottsdalemint.com

Or Barbados

Buy 2022 Barbados Trident 1 oz Gold Coin fine Gold coins by Scottsdale Mint

Buy the 2022 Barbados Trident 1 oz Gold Coin from Scottsdale Mint | 100% Guaranteed | Great Deals on Silver And Gold

www.scottsdalemint.com

 

[oldgunner]

Gold is gold....best deal I can find out there right now!

Buy Austria Gold 100 Corona (Random Year) | Monument Metals

Buy Austria Gold 100 Corona (Random Year) from Monument Metals, an industry leader in world Gold coins. Free shipping on all orders of $199 or more!

monumentmetals.com

• .9802 oz actual Gold content

$1,756.48 at time of posting

 

[enbloc]

 

[Win]

I'd buy Christmas presents today if I saw great deals but what I think I'm seeing is dealers trying sell at current prices. As though they believe that prices will continue to decline. I'm not chasing any coins or PMs right now. I think the buyer is in the drivers seat right now. I'm waiting for the right deals.

 

[Varmint]

View attachment 656406

$17.8, need a new chart.

 

[oldgunner]

View attachment 656406

paper silver prices are not real.

 

[enbloc]

Funny Observation about Ebay Precious Metals Dealers...

So, now that Silver SPOT is below $18 bucks, I see a lot of the Major Metals Dealers have pulled their Philharmonic offerings. (at least for rolls)

D & B Coins, Bullion Exchange, MetalsMart all gone, and I was watching posted inventory. They all had more in stock than their link showed as "Sold"

Only one still in the game is Liberty Coin @ $466.55/roll. Bullion Exchange was showing rolls at $457

ASE's and Maples remain much higher than SPOT compared to the Phils.

 

[Rob Boudrie]

ASE's and Maples remain much higher than SPOT compared to the Phils.

Which have the lowest buy/sell spread?

 

[barnabus]

Funny Observation about Ebay Precious Metals Dealers...

So, now that Silver SPOT is below $18 bucks, I see a lot of the Major Metals Dealers have pulled their Philharmonic offerings. (at least for rolls)

D & B Coins, Bullion Exchange, MetalsMart all gone, and I was watching posted inventory. They all had more in stock than their link showed as "Sold"

Only one still in the game is Liberty Coin @ $466.55/roll. Bullion Exchange was showing rolls at $457

ASE's and Maples remain much higher than SPOT compared to the Phils.

Bullion Exchanges | Buy Gold and Silver | Free Shipping

Live Gold and Silver Prices in USA. Bullion Exchanges - Your Precious Metals Retailer. Types: Gold, Silver, Platinum, Palladium, Rare Coins and Bars.

bullionexchanges.com

Pre-sale

 

[Varmint]

Funny Observation about Ebay Precious Metals Dealers...

So, now that Silver SPOT is below $18 bucks, I see a lot of the Major Metals Dealers have pulled their Philharmonic offerings. (at least for rolls)

D & B Coins, Bullion Exchange, MetalsMart all gone, and I was watching posted inventory. They all had more in stock than their link showed as "Sold"

Only one still in the game is Liberty Coin @ $466.55/roll. Bullion Exchange was showing rolls at $457

ASE's and Maples remain much higher than SPOT compared to the Phils.

Usually supply of retail PMs disappears when spot is low. Could be they share inventory with the retail store or they pull the ads when worried about supply.

 

[enbloc]

Usually supply of retail PMs disappears when spot is low. Could be they share inventory with the retail store or they pull the ads when worried about supply.

Good point. I did not account for their brick & mortar...

 

[enbloc]

Which have the lowest buy/sell spread?

My guess would be the Phils. (without doing the research at this hour... )

 

[enbloc]

Bullion Exchanges | Buy Gold and Silver | Free Shipping

Live Gold and Silver Prices in USA. Bullion Exchanges - Your Precious Metals Retailer. Types: Gold, Silver, Platinum, Palladium, Rare Coins and Bars.

bullionexchanges.com

Pre-sale

Must have sold out between internet and Brick & Mortar. They are waiting for resupply.

Thanks for doing the legwork @barnabus.
~Enbloc