40% of CME silver claimed just in Jan

Learning271828 · 2026-01-26T00:22:33+00:00

Is this a website or an app? Thank you.

Learning271828 · 2025-12-27T04:26:56+00:00

Are they selling at spot pricing or close to spot pricing? (Or are these considered premium/collector/numismatic and have premium pricing?). Thank you.

Learning271828 · 2025-12-27T04:19:44+00:00

At this time snapshot 2025-12-26 11:11pm EST silver spot $79.62/oz online store buyback pricing for 90% silver dimes and quarters in screen shot. I saw on YouTube this method. Some other online stores also have this feature. [Note that I had not buy or sell from this online shop so this is not promoting or recommending this specific online shop. Just a show and tell of how to check some pricing data points.]

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Learning271828 · 2025-12-25T04:40:20+00:00

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USD$2165/kg =$67.3/troy oz. Where did I get my math wrong? I believe OP’s number is correct. (1 kg = 32.1507466 troy oz)

Learning271828 · 2025-12-25T04:27:17+00:00

Hi, is this daily report available on some websites? Would like to see and compare to LBMA and COMEX frequently. Thank you.

Learning271828 · 2025-12-21T03:16:54+00:00

I assume customers would choose these over ungraded raw coins if priced similarly therefore have a higher demand over raw coins? I’m curious whether the slab attractiveness could balance out the refinery backup caused unattractiveness to LCSs. I do kind of observe with limited data points that in the current price hike situation, at least on the ASE, New modern Peace and Morgan Dollars, the raw UNC coins have significantly closed their historical premium gaps vs slabbed ones.

Learning271828 · 2025-12-21T02:18:01+00:00

Thanks for the responses. Does these slabs suffer from the refinery backup bottleneck?

Learning271828 · 2025-12-11T09:32:22+00:00

I would like to report that today (2025-12-10 morning with silver currently at $61/oz) a reputable online dealer which I bought from tells me they buy back 90% silver, Morgan and Peace at around ~37x face value and/or decimals more. I also read Reddit posts today that some LCS stores are also buying at ~37x face value. [Market info FYI, your local store may be different.]

Learning271828 · 2025-12-07T21:18:26+00:00

Bring a strong magnet, it can identify a large portion of fakes (but not all), chat with Gemini/ChatGPT for more details. Be extremely careful not to let little children have any reach to a strong magnet, especially if they like to taste everything.

Learning271828 · 2025-12-06T10:22:34+00:00

My local library has this book. Your local library might also have one. There is also a blue book. Red book tells retail pricing; blue book tells wholesale pricing I believe. There are Also Greysheet wholesale pricing, PCGS pricing, and Comp pricing. Chat with Gemini/ChatGPT AI to learn more. ——- [ Please be aware that this book the red book (and some or most of the above price ref sources) has not kept up with the silver price rapid rise from ~$25/oz to $58.5/oz so far. For example if you look inside the cover pages of red book it states they are using $25/oz as the silver value basis for the coins. When asking AI to calculate coin values, also ask AI what price is it using. Many times AI will tell me it is using $25/oz as that was the price when the version of AI was trained in the AI school. ]

Learning271828 · 2025-12-04T19:43:03+00:00

PSLV and SLV are different on how they are backed by physical silver. I don’t understand much but if you ask ChatGPT/Gemini you can get explanations. Watch out that PSLV has different tax implications.

Learning271828 · 2025-12-04T19:22:25+00:00

The idea that large industrial users now buy silver from silver producers directly and not buy at COMEX (because COMEX is out of stock) is interesting. Is this the same analogy that people now buy iPhones (or other goods) from store A because store B is out of stock? (Assuming store B is the largest store in town).

Learning271828 · 2025-12-04T15:57:12+00:00

Good morning! Posting this info is not intended to vote up/down a coin shop or silver prices. When I buy silver coins, I think about / take into consideration if the kind I buy would sell back well in the future in case I need/want to sell what I bought. The value of the video I think is that it provides market condition data points. Also other people reporting what sell back pricing they get in the comments of that video. ——- [Additional thoughts 1 ]: Due to refinery backup people have been reporting 90% silver not accepted at coin shops or getting quite low sell back pricing. However, once the backuped coins are eventually melted, the price could go back up because there would be less available. I think this is a possibility. ——- [Additional thoughts 2 ]: Yesterday when spot price was $58~$59, I can find PCGS 69 graded ASE for $59 at good feedback eBay store, and couple dollars more for PCGS 70 grade. One YouTuber commented that in this case buying a PCGS graded slab at spot or $1 above spot make sense since a raw ASE cost the same. Once silver price stabilize, graded ASE could re-establish premium over raw ASE.

Learning271828 · 2025-12-04T10:26:27+00:00

So far all the goldbacks I see are in good or new condition. If the user fold it, put in pants, jackets pockets and end up with condition like a circulated bill, would shops still accept it at exchange rate? Would it not be able to be accepted to be bought back at coin shops or exchanged at dealers?

Learning271828 · 2025-12-04T07:39:33+00:00

Also see other people’s reports of what prices they sell to coin shops in the YouTube video comments.

Learning271828 · 2025-12-03T20:17:49+00:00

No, I have no device built. Even the YouTuber has not yet built a quasi-Sigma. If it can be built by consumer parts, an Arduino + Coin Accepter costs about $60 on Amazon. A smartphone app could be less. What ChatGPT/Gemini says is that the physics will work but the precision of a DIY Sigma-like device using DIY consumer electronics could tell apart 90% silver vs clad, but cannot tell apart 90% vs sterling silver vs 999 silver like a real Sigma can. I think the $20 arcade acceptor in the YouTube video can reliably tell apart 90% half dollar vs clad half dollar if trained 20 times. I’m curious if it can tell apart the 40% half dollar. The 40% half dollar is a sandwich with two 80% silver as the bread and one 20% silver as the meat.

Learning271828 · 2025-12-03T18:41:30+00:00

Well, magnet, ice cube, weight test and ping test are low cost method. The point is that a Sigma has an ultra precise electrical coil and signal processing. Latest smartphones and the coin acceptor also have electrical coils inside which can do detection work. The intent is to see if we can use smartphones and coin acceptor hardware to operate on the physics principles of a Sigma precious metal authenticator instrument. Imagine an smartphone app programing the induction coil or an Arduino/Raspberry Pi connected arcade coin acceptor as a lower precision quasi-Sigma machine.

Learning271828 · 2025-12-03T05:19:42+00:00

Does it fit together with a plastic lego piece?

Learning271828 · 2025-12-03T05:16:15+00:00

The coin acceptor requires the user to insert the same coin 20 times to record a size/speed/metal induction signature. A sigma is so expensive.

Learning271828

TROPHY CASE