Silver Coins Outsell Gold Coins on ebay

Tuesday, July 12, 2011

In for the physical? Check out ebay. Sales of silver coins have been outpacing gold coin sales since 2007, according to ebay data. Alix Steel from TheStreet.com tells us further that only in the last quarter silver coin sales doubled again in volume.
This is reflected on the ebay USA website: Silver coin offers are roughly double the number of gold offers.
24hGold.com has a most handy tool to compare ebay prices and premiums above the pure metal value. Click here for gold coins and here for silver coins and remember that numismatic coins were exempt from confiscation in the Great Depression.




VIDEO: Alix Steel from TheStreet.com confirmed the white-hot silver market with other coin dealers.
Bullion coins are not doing bad either: At the time of writing a one ounce gold eagle was bid at $1,625 or 3.6% above spot.
A last note of caution: Only buy from sellers with a spotless transaction record and at least 100 ebay recommendations.

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4 comments

Rohit said...

that's the effect showing now..... Gold rates are getting higher worldwide.... and i don't think those prices gonna come down now.... i think this trend gonna higher in future...

23 September, 2011 12:10
Angie said...

Nice post which Alix Steel from TheStreet.com confirmed the white-hot silver market with other coin dealers.
Bullion coins are not doing bad either: At the time of writing a one ounce gold eagle was bid at $1,625 or 3.6% above spot. Thanks a lot for posting this article.

10 May, 2012 16:52
Anonymous said...

This maybe because of the rumored news about gold coins containing at least an ounce of silver. It obvious that this will happen and soon enough silver will really outrun the price of gold.
buy gold coins

21 May, 2012 16:58
Emma said...

Silver coins may have out-sold gold coins in 2011, however I'm not sure that will be the case in 2012.

29 July, 2012 17:22

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