Comments on: 2014 American Silver Eagles Limited in Sales Start

By: Ron-Silverdog

Ron-Silverdog — Tue, 27 May 2014 14:52:59 +0000

In reply to dalereese. They do not make the reverse silver eagle every year, only special times will they do so, now next year is going to be the 30th anniversary year for the silver american eagle, maybe then they may come out with the reverse in a set. We will have to wait and see.

By: dalereese

dalereese — Tue, 27 May 2014 14:47:42 +0000

Anybody notice there are no 2014 silver reverse eagle coin sets this year !!!!

By: Ron-Silverdog

Ron-Silverdog — Thu, 20 Feb 2014 13:51:03 +0000

Hey there Robert LeNeve, on those tv coin shows you have to take caution and beware of them mis-leading you on most of the facts they tell you or want you to beleive. You just cannot trust them, they all have very high price’s to begin with, and then they will tell you make up story’s of ex. 2014 silver eagles, so you will buy from them, one show is called the “Art and Coin tv”, now them IDIOTS will lie like there is no tomorrow, and mis-lead you all the time on the true Information. They only want you to beleive them on what they tell you !! the other really bad tv coin show is AAN tv (America’s auction network) they are really bad on telling you the truth, they also will say anything just to get your money !! and as far as one other tv coin show called “the coin valut”do not pay there high price, what they will not tell you is, that their parent company is Silvertown. and they have all the same Items as the tv show but for much less. SO I AM SAYING Stay away from the coin shows on tv, bottom line THEY WILL RIP-YOU-OFF !!!!

By: Robert LeNeve

Robert LeNeve — Thu, 30 Jan 2014 23:19:47 +0000

I just heard on a TV coin show that the output of 2104 silver eagles struck at San Francisco may be very limited, or possibly stopped altogether perhaps for good. No one is sure about this, and the numismatic community is awaiting information/confirmation from the U.S. mint.
On the surface, given the heavy demand for the eagles, and record output the last 2 or 3 years, that doesn’t seem credible, unless the West Point facility has been expanded to be able to handle the increased demand. So far, the SF mint has produced some limited production of eagles, So my question is—-does anyone know definitively if this is true, and what will this do to the price of 2014 SF eagles if they cease production in the next few days or weeks?

By: Prime Values Editor

Prime Values Editor — Sat, 18 Jan 2014 08:48:46 +0000

During January and February and even March, we will see whether the public has enough appetite to buy physical silver.
If the appetite doesn’t pick up, we might see silver price dip below 19 $ during the warmer months (towards the end of the spring and beginning of the summer).

By: Kahoola

Kahoola — Wed, 15 Jan 2014 21:25:33 +0000

Could be wrong, but before the industrial revolution there were 100+ billion ounces of silver. This was consumed over the decades, no recycling, 50b, 40b, now about 10-20 boz. Of this maybe 1-2 boz available to the market and dropping as the developing countries consume more silver. So there is more produced than gold but it is also consumed probably faster than it can be produced.
There might be loads of silver in the market and a squeeze in current supply. But the law of supply & demand says that if you took your 400 oz bar, melted it down to 1 oz bars and you could sell it at $5-$7 premium over melt it would make economic sense to do it. It seems that there is no big rush to melt down the 400 oz bars. It does not add up.

By: RonnieBGood

RonnieBGood — Wed, 15 Jan 2014 17:15:48 +0000

Boz and Cat,
Here is the answer to why Silver cost remains low.
While there is a squeeze in the current supply of Silver the total amount of Silver in the market remains high. If the price of Silver rises too high, Granny cashes in her scrap Silver spoons and tea set, etc. Their remains all of the Silver mined since the dawn of civilization, a vast amount. As a contrast, all of the Gold mined since the dawn of civilization would only fill 3/4ths of the Washington monument in DC.

By: JesustheLionofJudah

JesustheLionofJudah — Wed, 15 Jan 2014 03:18:42 +0000

I like what Kahoola pointed out about the fact that nearly 100 years ago, the US Mint by itself cranked out nearly double the amount of the same coins – what is going on with the Mint that they can’t do much more today?

THAT, and WHERE are all the coins minted in the last 4 years? Especially the quarters? Seriously! I’ve seen in pocket change and at the bank like a total of 40 quarters max since 2010. The state quarters were ubiquitous – where are all these quarters hiding? Anyone know?

By: Cat

Cat — Tue, 14 Jan 2014 14:45:49 +0000

BOZ: That is a great question….

By: Boz

Boz — Mon, 13 Jan 2014 21:47:53 +0000

OK so silver is scarce and hard to get, with government mints from around the world competing, along with commercial and industrial buyers. There are insufficient supplies to meet demand. Money is supposedly scarcer today than it was in the 1970’s, yet business interest rates today are less than 1/10 the actual rates they were then. Savings and loans failed in the 80’s under Reagan, and banks had to be propped up to avoid them failing under Bush. Yet banks today are raking in the highest profits in the history of the world, despite most economists stating that the world economic system is a ponzi scheme.

So why does the value of silver stay relatively so low?