How to Price Silver based on Purity, Premiums and Packaging - Making Sense of Silver EP7

Chapter markers and BONUS CONTENT below👇
Russell Gray co-host of The Real Estate Guys Radio Show™ and precious metals expert, Dana Samuelson converse about how to price silver based on purity, premiums and packaging.

**********************************************************
**********************************************************
Chapters:
0:00 Intro
1:30 Purity (.999 or .9999)
2:30 silverware and coins before 1965
3:30 Counterfeiting and silver
7:30 Components of cost (spot price, mints and ask)
10:15 The Price Silver
12:00 Cost of manufacturing
15:00 Comparing Gold to Silver premiums
18:15 Why do PREMIUM fluctuate?
20:30 Junk Silver Premiums
23:30 Numismatic Silver
25:50 Packaging
27:50 Junk Silver Packaging
29:40 Summary

#realestateguysradio #flattentheeconomiccurve #silver #roberthelms #russellgray #danasamuelson #brienlundin #preciousmetals #gold #preciousequity #silverseries

[alvinsmith]

Great information. Next time allow Dana talk!!

[kathrynj.hernandez]

Distinguished gentleman guest--Those impressive credentials might well have been better shared at the start. Samuelson holds significant historical standing and position in this crowded PM arena. That level of prestige is rare. Should have received the entire floor for speaking, too, but Russell's questions were great. Thanks for this video.

[jenniferlego]

Excellent guest! I wish I knew all this when the dealer was pushing the junk at me.

[razmataz]

What a feeling croc. The comex has no bullying to deliver

[dalemiller]

Thanks for the information guys, this is a good series

[gersonportoalegre]

What a GREAT video. Very EDUCATIONAL(Precious Metals for Dummies). Thank you!

[getx]

Good advice about having enough $$ on hand to buy more if price drops to cost average. Thx.

[quisno]

silver in ones possession is the only wealth

[Mrvanner]

Interesting points from both of you. Great interview

[juliawei]

I have question on the so called "spot" price.
If Bix Weir is correct, this price is nothing but manipulated "paper/digital" price by handful of traders from a few major banks.
Pls explain.
How could COMEX can trade over 5 trillions onuncesyear, it physical production was only around 800 millions oz ?

And，Who actually were the recipientsof recent comexphysical silver deliver ? To those banks ? LOL.

[What_Fred_Said]

In 2018 you could buy most 1oz silver coins or rounds for about $18, same coins now are $28. Wish I bought more then. Guess that makes what I have worth more also.

[fidorichmond]

I've heard that the canadian maple is capital gains free to 1000 $

[bodasiouspatriot]

Awesome thank you .. I wish you do a video on PUNDI X

[johnbeyers]

The futures contracts are all manipulated and have been for years thats why silver is pulling away from spot prices and hopefully soon the comex will be no more....

[douglasphillips]

A bit of confusion around the 8:50 portion. 5000 (troy) ounces would weigh approximately 416. 666 pounds. 1000 (troy) ounces would weigh approximately 83.333 pounds. 500 (troy) ounce would weigh approximately 41.666 pounds. Great Interview, great information!

[movingamerica]

The information is great but my goodness how many times are you going to interrupt that man when he’s trying to explain some thing. I think it would’ve been better had you let him finish answering your questions

[tubetlamber]

In 2011 bolivia mint made a coin. You can find it by ebay searching silver.

[harryzero]

I'm listening and hoping that government taxes seriously effecting demand will.l be adressed. In the UK 20% VAT is added, and when it comes to sell in the secondary market, the price offered is low because the dealer has to charge VAT when its sold on. When you sell privately your buyers are influenced by the spot price.
I've found the only way is to acquire it ultra cheap so that percentage charges and premiums are also attached at their lowest.
These issues are the reasons that a silver to gold ratio are unlikely to return to 15 - 1.

[QuaaludeCharlie]

Be Do Have Have Do Be Silver makes Me Happy :) QC

[upnorthcollector]

OK.. spell correct was on. Insert (usps) where uses shows up!