I've been following the prices of 1oz silver coins such as the American Eagles on ebay for several months. Back when spot silver was in the $36 range people were routinely paying $40-$42 each for these 1oz coins. Sometimes even plus shipping on top of the bid price. I thought that was a bit high but I know you have to pay something above spot, so OK. But now that silver is below $31 people are *still* routinely paying $40 and over for 1oz silver coins. This goes on practically 24 hours a day. I don't get it. Does no one bother to check the spot price of silver?!?