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knibloe
1000+ Penny Miser Member
USA
1066 Posts |
 Posted - 02/24/2010 : 17:27:15
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My boss has a small hoard of silver that he has had for years. He asked me today what it would go for. He is trying to decide if he wants to sell or not.
I know he has Ben Franklins, silver quarters and some silver bars. Not sure what else he has. I am interested in the coins, but probably not the bars. I told him I might be able to find a buyer or two for the bars.
Hope he decides to sell.
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/24/2010 : 17:32:59
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| Alway remember us here for the bars. |
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 02/24/2010 : 17:41:41
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| I am a buyer for the whole lot |
goto the new and improved realcent: http://realcent.org |
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bman
Penny Collector Member
USA
425 Posts |
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knibloe
1000+ Penny Miser Member
USA
1066 Posts |
Posted - 02/24/2010 : 21:15:45
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I had you guys in mind for the bars.
I quoted 10X for the 90%. |
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rosco
Penny Collector Member
USA
254 Posts |
Posted - 02/25/2010 : 00:37:27
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Some others may want to bid on the bars unless he wants just one lot to go which would probably be less than several bidding on a bar we would like.
Or MH could Hog it! |
Old Geezer a HAND Sorter |
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metalmoney.ca
Penny Pincher Member
Canada
223 Posts |
Posted - 02/25/2010 : 00:53:38
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| 1oz bars? 10oz? |
metal is a claim on future human labour. let's all go get some while the getting is good, eh? |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 02/25/2010 : 01:24:20
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| Being that he is your boss, I would tell him its not the best time to sell. But I am different kind of person I guess. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 02/25/2010 : 05:27:49
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i ccould buy the whole thing too. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 02/25/2010 : 08:00:50
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quote:
Originally posted by oober
Being that he is your boss, I would tell him its not the best time to sell. But I am different kind of person I guess.
I am the same way, if someone I know and interact with regularly talks to me about some silver they have. I try to convince them to hold onto it, and even buy more if they can. If that doesn't work or if they really need the cash, then I would let them know I would be first in line to buy it at a fair price. I'm trying to get more and more people on board with silver, especially people I know personally. |
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Market Harmony
1000+ Penny Miser Member
USA
1274 Posts |
Posted - 02/25/2010 : 08:24:59
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quote:
Originally posted by rosco
...Or MH could Hog it!
LOL
oink oink
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goto the new and improved realcent: http://realcent.org |
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Slapshot
Penny Sorter Member
USA
63 Posts |
Posted - 02/25/2010 : 08:36:17
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I too would recommend that he not sell as well. But let him know if he does want to sell that you will be more than happy to buy them.
I have a question about my boss as well. He just found a stash of 90% coins at his house. Now he is not interested in selling as he understands the value of silver. I actually got him to start saving his pre 82 cents. He mentioned they were some mercury dimes which I collect. I don't think he cares much about the numismatic value just the silver. My question is if I were to offer him 90% Roosevelts for Mercury dimes what would be fair ratio?
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nologiks
Penny Sorter Member
83 Posts |
Posted - 02/25/2010 : 10:46:45
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| @Slapshot IMO if both are not key dates.. I would say 1 for 1.... 1 roose for 1 merc. Silver is silver in his eyes right? |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 02/25/2010 : 11:02:21
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quote:
Originally posted by nologiks
@Slapshot IMO if both are not key dates.. I would say 1 for 1.... 1 roose for 1 merc. Silver is silver in his eyes right?
mercs tend to be more worn, so you are giving him a good deal silver-wise. now, numismatically, they tend to go for a slight premium, so you are getting a good deal. the premium is slight. i would call this a win-win. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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knibloe
1000+ Penny Miser Member
USA
1066 Posts |
Posted - 02/25/2010 : 21:31:54
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quote:
Originally posted by oober
Being that he is your boss, I would tell him its not the best time to sell. But I am different kind of person I guess.
I do not think that we are too different. I talked to him about the price of silver and how I feel that it is stable and has the potential to go back up. He knows that I am holding mine and adding to it because I believe it has upside potential. He is convinced that precious metals are going to crash. I told him silver was different than gold in that it is a precious metal and an industrial metal.
If he is bent on selling, I am happy to buy it off of him. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 02/26/2010 : 00:45:39
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quote:
Originally posted by knibloe
quote:
Originally posted by oober
Being that he is your boss, I would tell him its not the best time to sell. But I am different kind of person I guess.
I do not think that we are too different. I talked to him about the price of silver and how I feel that it is stable and has the potential to go back up. He knows that I am holding mine and adding to it because I believe it has upside potential. He is convinced that precious metals are going to crash. I told him silver was different than gold in that it is a precious metal and an industrial metal.
If he is bent on selling, I am happy to buy it off of him.
Well, you helped him with his due dillegence as much as you can. Be very happy to relieve him of this burden and sleep well at night. :) |
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My Boss's hoard.
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