Search found 4 matches

by RoyGBiv
Tue Jun 30, 2015 6:27 pm
Forum: Off-Topic
Topic: Buying silver
Replies: 108
Views: 19540

Re: Buying silver

AndyC wrote:
RoyGBiv wrote:
AndyC wrote:Lowest price I've seen - $15.60, so buying more.
Link?

Not seeing that price anywhere at the link in the OP.

Would love to buy some Gadsden rounds for that price.

Thx.
That's the spot-price, Roy, so I doubt you would find retail physical silver at that price - $18.33 or so is the cheapest 1oz round I can find right now (or $17.60 if paying by check).
Thanks... I figured there was an easy explanation... Of course I missed finding it without having to ask. :lol:
by RoyGBiv
Tue Jun 30, 2015 1:13 pm
Forum: Off-Topic
Topic: Buying silver
Replies: 108
Views: 19540

Re: Buying silver

AndyC wrote:Lowest price I've seen - $15.60, so buying more.
Link?

Not seeing that price anywhere at the link in the OP.

Would love to buy some Gadsden rounds for that price.

Thx.
by RoyGBiv
Fri Jan 23, 2015 5:05 pm
Forum: Off-Topic
Topic: Buying silver
Replies: 108
Views: 19540

Re: Buying silver

AndyC wrote:Economies of scale combined with the law of supply & demand = some rounds are more expensive.

In other words, there are fewer folks who will buy a Molon Labe type round, so the price is higher due to economies of scale.
Yeah... I can understand a slightly larger premium for the ML rounds.. but that's a big step.
I'd assume they use the same dies to strike the copper rounds as well, and the copper ML rounds are priced at the low end of the markup range.

Still curious.

Cool stuff though... I may order a few as gifts...

Thanks for the tip.
by RoyGBiv
Fri Jan 23, 2015 4:00 pm
Forum: Off-Topic
Topic: Buying silver
Replies: 108
Views: 19540

Re: Buying silver

Why are the Molon Labe rounds at such a high premium?

Spot is $18.29 at the moment
Prospector rounds are $19.14 (~4.6% premium to spot)
Molon Labe rounds are $23.36 (27.7% premium) to as low as $21.36 (16.8%)

Return to “Buying silver”