1970 silver art
20th August 2010, 01:35 PM
Today is the first day of the 51st Annual Blue Ridge Numismatic Association coin show. It is a 3-day show that started today and ends on Sunday. Spot gold was about $1226 and spot silver was about $18.09 when I left to go to the show. I arrived at the show at about 9:55 AM and I checked Kitco.com on my phone I saw that spot gold fell to $1222 and spot silver fell to $17.99. I usually check spot prices in order to get an idea of what to expect on premiums that various dealers are going to charge.
I did not have any problems finding a place to park but once I got inside the lobby of the convention center and went in to get a name tag, it was very crowded. The one thing that I noticed this year is that they did not ask me for my driver's license or any other identification. I guess they already knew me from last year.
Once I got inside the main convention center, I started looking around and observing the various gold and silver coins and bars. Of course my main objective for me was to find '70's silver art bars that were on my list and to find some that I had a very strong interest in collecting. Unfortunately, I 1.) Did not find many '70's silver art bars that I was interested in despite the fact that there were quite a few of them present and 2.) The ones that I found that were on my silver art bar "wish list" were out of my price range. So far that was a disappointment I ended up buying only a few '70's silver art bars today, however, I plan to go back on the next day (Saturday) to try again.
While I was searching for art bars, I also observed some prices on other gold and silver coins and bars. Some of the prices I found were as follows:
Silver Eagles: $21 to $22 I saw a dealer that was selling 2010 Silver Eagles for $23.00.
1/10 Gold Eagles: The lowest price that I was given was $135.00. I have seen another dealer table that had some for $145.00.
Generic .999 silver: Lowest price = $18.50, Highest price = $20.00.
Silver Art bars: Some of the common ones were priced between $18.50 and $20.00. Of course there were some that were priced at ebay premiums.
1-oz Krugs: $1253.00. I just went to one table just to get an idea. Some other dealers might have them for more or less than $1253.00
1-oz Gold Eagle: $1289.00. As with the 1-oz Krug. I just went to one table to get an idea of what a 1-oz GAE was going for.
100-silver bars: $1892.00 for a 100-oz Engelhard bar. I saw mainly Engelhard bars. I did see a JM 100-oz bar but I did not ask how much it was.
1/10 oz krug: $130 was the lowest price that I have heard at the show.
I did see a slabbed MS-70 graded UHR priced at $2250 but I forgot if it was a PCGS slab or an NGC slab. I also saw some raw UHR's but I did not ask what the selling price was for them. There was plenty of gold and silver at this show. They had all sorts of Numismatic coins (slabbed and raw). Of course they had junk silver as well as some jewelry at this coin show. I was there at the show for a while. I left the show at about 1:45 PM. I was tired when I got back home. I plan to go back to the show tomorrow. For the time being, I do not plan to go on Sunday but I could possibly change my mind depending on how Saturday goes and how many FRN's I have left after Saturday.
I did not have any problems finding a place to park but once I got inside the lobby of the convention center and went in to get a name tag, it was very crowded. The one thing that I noticed this year is that they did not ask me for my driver's license or any other identification. I guess they already knew me from last year.
Once I got inside the main convention center, I started looking around and observing the various gold and silver coins and bars. Of course my main objective for me was to find '70's silver art bars that were on my list and to find some that I had a very strong interest in collecting. Unfortunately, I 1.) Did not find many '70's silver art bars that I was interested in despite the fact that there were quite a few of them present and 2.) The ones that I found that were on my silver art bar "wish list" were out of my price range. So far that was a disappointment I ended up buying only a few '70's silver art bars today, however, I plan to go back on the next day (Saturday) to try again.
While I was searching for art bars, I also observed some prices on other gold and silver coins and bars. Some of the prices I found were as follows:
Silver Eagles: $21 to $22 I saw a dealer that was selling 2010 Silver Eagles for $23.00.
1/10 Gold Eagles: The lowest price that I was given was $135.00. I have seen another dealer table that had some for $145.00.
Generic .999 silver: Lowest price = $18.50, Highest price = $20.00.
Silver Art bars: Some of the common ones were priced between $18.50 and $20.00. Of course there were some that were priced at ebay premiums.
1-oz Krugs: $1253.00. I just went to one table just to get an idea. Some other dealers might have them for more or less than $1253.00
1-oz Gold Eagle: $1289.00. As with the 1-oz Krug. I just went to one table to get an idea of what a 1-oz GAE was going for.
100-silver bars: $1892.00 for a 100-oz Engelhard bar. I saw mainly Engelhard bars. I did see a JM 100-oz bar but I did not ask how much it was.
1/10 oz krug: $130 was the lowest price that I have heard at the show.
I did see a slabbed MS-70 graded UHR priced at $2250 but I forgot if it was a PCGS slab or an NGC slab. I also saw some raw UHR's but I did not ask what the selling price was for them. There was plenty of gold and silver at this show. They had all sorts of Numismatic coins (slabbed and raw). Of course they had junk silver as well as some jewelry at this coin show. I was there at the show for a while. I left the show at about 1:45 PM. I was tired when I got back home. I plan to go back to the show tomorrow. For the time being, I do not plan to go on Sunday but I could possibly change my mind depending on how Saturday goes and how many FRN's I have left after Saturday.