Silver Coins Still in High Demand Even With Drop in Metal Price
- Premiums for silver eagle coins remain at elevated levels
- Silver prices have declined as Reddit frenzy unravels
Photographer: Scott Eells/Bloomberg
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Americans can’t get enough silver coins despite declining metal prices since the Reddit buying frenzy unraveled.
Premiums on American Eagle silver coins have risen to more than $7 on Thursday from about $5 this past weekend, according to Everett Millman at Gainesville Coins in Florida. His company’s website has a notice saying all orders may face extended delays.