• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Archived

This topic is now archived and is closed to further replies.

Gold and Silver Trends

Started by Sarah Paige,

Effect of the Price of Gold and Silver  

1 member has voted

  1. 1. Do you think that the price of gold and silver has a substantial effect on the coin collecting industry?

    • Yes
      1
    • No
      0

3 posts in this topic

asdfgh

asdfgh

Posted
Posted

Most silver coins are well beyond the silver value. Unless silver really takes off it does not have much influence bouncing back and forth under 18. Gold is a larger percent of the coin vales so it has a much larger effect. For instance a BU 1941-d washington quarter at $25 is basically $100 per one dollar face. Silver for 90% is $11.6 per one dollar face (at $16 an ounce) Or to $2.9 of the $25 coin. Even if silver soared to $50 and ounce it would still be only $9 of the $25 coin.

Link to comment
Share on other sites
Six Mile Rick

Six Mile Rick

Posted
Posted

Coin collecting is not influenced by Silver and Gold melt values. Put it in a different equation the economy  influences the value of gold and silver. I would say that Coin Values are based more on popularity of the times.

Link to comment
Share on other sites
Go to topic listing