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Thursday
8 January 2009

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Eagle Premium Takes Off But Will Fly Away - NumisMaster

I wrote a blog this morning asking why anybody would pay a premium of almost 19 percent over metal value for 2008 American Eagle silver coins when buyers have alternatives like 100-ounce silver bars for 7.8 percent over metal value, or 1,000-ounce bars for 2.3 percent over metal value.

A response was posted by one reader saying that the coins were purchased by people who expect prices to go higher who can’t afford a 1,000-ounce bar.

Read article: Eagle Premium Takes Off But Will Fly Away - NumisMaster

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