Silver Eagles Selling on Ebay for 70+ Dollars, Some Reaching $100

[libertybrewcity]

People are going APE S*** on Ebay. Just go there and search American Silver Eagle. Some are going for almost 100 dollars.

The price of silver is at 47.73 right now, so this must be the Ebay "I need to buy everything now" craze fused with the "buy silver now" craze fused with the "what the hell is happening the to US dollar!" craze.

www.ebay.com

 

[MRoCkEd]

Look to be going for about $50 to me..

 

[libertybrewcity]

http://cgi.ebay.com/2007W-American-...673?pt=LH_DefaultDomain_0&hash=item43a6aa1eb9

http://cgi.ebay.com/2008-W-Silver-A...51?pt=Coins_US_Individual&hash=item4aaa7f374b


bam

 

[libertybrewcity]

http://cgi.ebay.com/1997-P-Silver-P...04?pt=Coins_US_Individual&hash=item35b19c32a8

http://cgi.ebay.com/2002-W-Silver-P...45?pt=Coins_US_Individual&hash=item3f095ad235

bam

 

[Cowlesy]

http://cgi.ebay.com/1997-P-Silver-P...04?pt=Coins_US_Individual&hash=item35b19c32a8

http://cgi.ebay.com/2002-W-Silver-P...45?pt=Coins_US_Individual&hash=item3f095ad235

bam

Question --- Aren't "proof" coins a higher "grade" than regular bullion coins, which may be part of why there is such a big premium on some of those?

 

[Jordan]

Proofs are numismatic coins. They're graded as collectibles, and priced as collectibles.

 

[EndDaFed]

Find me some BU eagles that are selling for $70 dollars. They all look to be selling at about 2-5 dollars over spot. It's not unheard of for a proof MS-69/MS-70 to go for 30 to 50 dollars over spot depneding on the year. A 1996 proof will go for some serious cash.

http://cgi.ebay.com/1996-P-Proof-1-...12?pt=Coins_US_Individual&hash=item2a00259950

http://cgi.ebay.com/1996-P-SILVER-E...03?pt=Coins_US_Individual&hash=item3a655a17bf