| Description: | Silver Eagle And Junk Bag Shortages Show Underlying Strength Of Silver Market Demand
The price of silver has been steadily falling since April of 2011. Mint is having trouble keeping up with demand for One Ounce American Silver Eagles, as gold dealers tell their customers they will have to wait a week to a week and a half for delivery, and junk bags of the 90% silver coins (the silver coins in use before 1965) are harder and harder to come by.
People who buy physical silver aren't calling and selling their coins. Why is this? Why do those who buy physical metals not sell when the price drops? We will look at two of the most popular products, One Ounce American Silver Eagles and the 90% "junk" silver bags and try and answer that question.
90% "Junk" Bag Silver CoinsWhat are "junk" bags of silver and why are they so popular? Junk bags are the 90% silver coins with a date earlier than 1965 that were once circulated here in the United States. They can be dimes, quarters or half d |
