Demand for Silver Eagles Spikes, Along with Premiums

The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.

Modern History of Silver Coins in the US Economy

Bag full of Junk Silver Quarters

Precious metals coins have been found by archaeologists and historians that date back thousands of years. Historians and archaeologists from around the world have unearthed precious metal coins from cultures that vanished long ago. Many notable examples from China, India, Ancient Greece and Egypt are on display in museums. Silver, Gold and other precious metals … Read moreModern History of Silver Coins in the US Economy