LONDON, 15 November 2013 – Silver-coin demand amongst private investors continues to hold strong, despite this year's sharp drop in prices and high dealing costs, financial site MarketWatch reports today, quoting comment from BullionVault's Adrian Ash.
"Private investor demand for physical silver in 2013 has been staggering," says Adrian at the online physical gold-and-silver exchange.
In particular, "Refiners can't mint enough product and they're seeing none of it come back for melt."
But for the popular US coins, "Even the best-value and biggest dealers today charge $3 or $4 above wholesale spot prices for 2013 Silver Eagles," he notes, "even in 'monster' boxes of 500 coins."
Silver investors can find cheaper, more efficient alternatives, MarketWatch notes. See the full story here:
