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aravindbabuv
02-26-2011, 08:07 AM
if the silver prices go up, does the price for 90%, 40% etc go up to?

RoadLizard
02-26-2011, 08:16 AM
if the silver prices go up, does the price for 90%, 40% etc go up to?

Sure thing. Usually, 90% can be bought ffor lower premiums or even at melt value as opposed to Govt bulion like Eagles or Maples. But yeah, if silver gets to say $100 an oz, that old Morgan dollar has a melt value alone of about $75 bucks. :)

jogslvr
02-26-2011, 09:49 AM
$100 face value 90% goes up/down $72 with each dollar rise or fall of spot price. and, there is 90% for sale under spot in the buy/sale area of this forum.

readski
02-26-2011, 10:14 AM
DOH:eek: That's like asking ... "if the price of crude oil goes up does the price of gasoline go up?":p

Ember
02-26-2011, 01:34 PM
Why wouldn't it?
As I see it, in the near future, when silver prices start to climb, we may very well see 90% selling for more than .999
There are already premiums on fractional silver, and 90% is the ultimate fractional silver you can purchase. Most people will not recognize a small generic, say 1-5 gram bar/coin, but they will recognize and trust a 90% dime.

Notice all the gram bars/coins being listed on ebay? 90% will be highly sought after.

jogslvr
02-26-2011, 02:37 PM
I love dimes but alas I have too many quarters from my vending machine days (60's-90's) Started hoarding 90% in '65. Sold most of it in the 80's but happy I kept back 25%. I still sell a little around the first of each year to pay county taxes and such. This year county property tax hit me for almost 10 rolls of quarters. Damn it, its the one holdback to owning your on land in these times as they just keep raising the damn property taxes even as your house devalues a wheelbarrow's worth.