The Doc monitored several auctions for 3 oz lots of US Silver Eagles and we present the impressive results.
$137.50 for 3oz- $45.83/oz
$138.50 for 3oz- $46.17/oz
This is an $8.36 premium to paper COMEX pricing, or a 22% premium over spot!
Before you reply with smart-a** comments that silver eagles can be found for less at such and such online bullion dealer, this is not the point.
The point is that Ebay is the largest free market in the world today with millions of buyers and sellers, and indicates that free market demand is strong enough to induce silver eagle prices near $50/oz!
Please realize that the cartel can take down the paper silver markets, but they have much less influence on PHYSICAL SILVER.
3 2011 1oz OUNCE AMERICAN SILVER EAGLE GEM SILVER COINS
|Ended:||Aug 09, 201115:56:24 PDT|
|Winning bid:||US $138.50|