Numismatic Vs Silver value

[trout]

The price of silver has dropped to its lowest point in over 2 years but this hasn't been reflected in the values of silver coins :dash1:
Normally when there is a big drop in silver price like this eBay is flooded with panic sellers and bargains can be had with ease :ok:
IF the price stays down near the $25 mark or lower for the next week or so there should be some ripper coins coming out of the woodwork at bargain basement prices.:dance2:

[markn]

I think the opposite is more likely.  As the price drops the numismatic value begins to out-weigh the bullion value.  You generally see more numismatic coins come out in a rising bullion market.  That's certainly when more of them end up in the melting pot.

[trout]

I think the opposite is more likely.  As the price drops the numismatic value begins to out-weigh the bullion value.  You generally see more numismatic coins come out in a rising bullion market.  That's certainly when more of them end up in the melting pot.

Bugger :dash1:
I still have quite a few silver proof (standard size) dollar coins on my want list.
I have been slowly getting them but I only have 20 of 44 that I know about so far, still a long way off yet :ok:

[stevo1962]

Silver is tipped to do OK in the future and outperform Gold so maybe the panic will be for Gold
and not silver

[Australian coin]

depends on what you are after, I seen the sea life set 5 coins from PM go for under $300 a few days ago, and if you a SS you would know that trading round 66 50c went from $13 to $10 a coin. so bullion coins have taken a hit, but sometimes hard coins are hard coins, and doesn't matter what silver price is they will always hold there value. I know I have been trying for florins, the later dates went from $8 to $5 for junk coins, but I have all the 50% florins now after 1945 and earlier. still tho florins have gone down $1 or 2, still finding it hard to get the early ones, not like a 1945 is going to turn up for $10 anytime soon, or it would be mine haha.

[trout]

Seems to be working in my favour so far:ok:
I just picked up a silver proof 'C" mintmark coin for $30 with free postage :dance2:
The issue price for these was $45 :yahoo:

depends on what you are after, I seen the sea life set 5 coins from PM go for under $300 a few days ago, and if you a SS you would know that trading round 66 50c went from $13 to $10 a coin. so bullion coins have taken a hit, but sometimes hard coins are hard coins, and doesn't matter what silver price is they will always hold there value. I know I have been trying for florins, the later dates went from $8 to $5 for junk coins, but I have all the 50% florins now after 1945 and earlier. still tho florins have gone down $1 or 2, still finding it hard to get the early ones, not like a 1945 is going to turn up for $10 anytime soon, or it would be mine haha.

I picked up 1914,15,19,21 and 22 florins last week for $58.86 delivered.
All are worn but would grade aG -G, that's less than $12 a coin :ok:
Melt value on these at the moment is only $8.70 US , so they CAN be had cheap :good:

[trout]

I think the low silver price IS starting to effect the eBay prices :yahoo:
I have been after a set of these for a while but my $150 max ( I am a tight arse when bidding)has never cut the mustard before.
http://www.ebay.com.au/itm/151024979170?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

:wavemulticolor: WOOHOO got the buggers at last :dance2::wavemulticolor:

[trout]

Things are starting to look UP for us collectors :yahoo:I picked this one up for my dollar collection for $2.02 more than the release price 13 years ago with postage :yahoo::dance2::dance2::dance2:


http://www.ebay.com.au/itm/360635548215?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

[keldaw]

Things are starting to look UP for us collectors :yahoo:I picked this one up for my dollar collection for $2.02 more than the release price 13 years ago with postage :yahoo::dance2::dance2::dance2:


http://www.ebay.com.au/itm/360635548215?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1497.l2649

 trout , how do you think he can post that at $ 3.50 ,?? I think he will lose out on the postage as well ..  ,, kel ,,

[Goldseeker]

Kel, Seller most probably bought a stack of the pre paid satchels before the price rise.

[keldaw]

Kel, Seller most probably bought a stack of the pre paid satchels before the price rise.

true bruce , but even with or without them , it should cost more then $ 3.50 , every time I post a proof coin in it,s  case , and place in a large enverope and it don't fit through the slot , they always charge me around $ 7.00 , because if it wont go through the slot   [ 20 mm ]
 then it becomes a parcel , rather then a large letter ..     ,, kel ,,

[robbiegal]

that seller uses some different carriers to aussie post as well

he has given me tips on who the best carriers are but i'm too basic to get it
 
remember too that a lot of sellers buy postage stamps very very cheaply in bulk lots

so, something that might cost you or me say, $7 to post might cost another seller $3 or less to post

[keldaw]

thanks folks , that gives me something to think about ..
 
                                              ,, kel ,,