People buy, sell, and hold onto these coins purely for their silver content. Virtually none of them has numismatic value. Silver has been over $40 an ounce quite a bit lately, and that is the highest it's been in about 30 years. A year ago it was like $17 an ounce. It closed today at $29.97. I can tell you that on Monday it will either go up or down. I just don't know which one.
Precious metals are often a haven during turbulent times, and things sure are rocky today. So there is a reason to think it may go up again.
Last edited by barrysloate; 09-30-2011 at 04:14 PM.
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