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 Bullion Coins and Metals Investing Forums
 Silver Bullion, Gold, & other Bullion Metals
 Silver rounds that look like Morgans
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lewbo
Penny Pincher Member


USA
221 Posts

Posted - 03/21/2010 :  20:24:23  Show Profile Send lewbo a Private Message
Saw this on ebay tonight, anybody ever seen these or got a opinion on what they are worth? above spot or below?

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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 03/21/2010 :  20:25:27  Show Profile Send highroller4321 a Private Message
Just another generic round.

Copper Penny Investing
www.portlandmint.com
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natsb88
Administrator



USA
1850 Posts

Posted - 03/21/2010 :  20:28:18  Show Profile Send natsb88 a Private Message
Yep, lots of different places make (or have made in the past) generic rounds with Morgan on the front.

Nate
The Copper Cave

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lewbo
Penny Pincher Member



USA
221 Posts

Posted - 03/21/2010 :  20:34:12  Show Profile Send lewbo a Private Message
so spot at best for a price?
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 03/21/2010 :  20:34:16  Show Profile Send HoardCopperByTheTon a Private Message
I have quite a collection of coin theme based silver rounds. Not really a premium for them.. but they sure are purdy!

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 03/21/2010 :  20:36:56  Show Profile Send HoardCopperByTheTon a Private Message
Don't forget to factor in the shipping cost when calculating the bid.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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lewbo
Penny Pincher Member



USA
221 Posts

Posted - 03/21/2010 :  20:40:52  Show Profile Send lewbo a Private Message
How I am I going to catch you HoardCopperByTheTon if you keep commenting on my topics? I am now over 6165 behind?
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 03/21/2010 :  21:14:58  Show Profile Send HoardCopperByTheTon a Private Message
The only reason you gained ground yesterday was cause I spent the whole day at a coin show buying up silver below melt.. as well as several other shiny things.

Tell ya what.. I will go out to the penny processing center and sort about 20 or 30 boxes.. that's sporting, isn't it?

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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lewbo
Penny Pincher Member



USA
221 Posts

Posted - 03/21/2010 :  22:14:37  Show Profile Send lewbo a Private Message
With your setup that is hardly worth it, they do not even get warmed up for 30 boxes!
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 03/21/2010 :  22:43:10  Show Profile Send highroller4321 a Private Message
quote:
Originally posted by lewbo

so spot at best for a price?



Are you asking for when you buy or sell?

Buying: its hard to find things at spot but the premium you pay should be small.

Selling: Going to be the going rate for generic. Usually a bit below spot.

Copper Penny Investing
www.portlandmint.com
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motos
Penny Sorter Member



41 Posts

Posted - 03/22/2010 :  18:15:50  Show Profile Send motos a Private Message
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Similar round and one of the better ones I have seen. When I get money these will be some of the rounds I will buy. They look good with that proof finish!
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ZigMeister
Penny Pincher Member



USA
229 Posts

Posted - 03/23/2010 :  13:06:46  Show Profile Send ZigMeister a Private Message
A local coin shop currently (and historically) buys the generic rounds at spot and re-sells for $1 over spot.
About a month ago when silver fell to the high $15 range his inventory became depleted and he was buying for .50 over spot and selling for 1.50 over.
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Market Harmony
1000+ Penny Miser Member



USA
1274 Posts

Posted - 03/23/2010 :  19:27:11  Show Profile Send Market Harmony a Private Message
Have you checked the market section of the forum, yet?

goto the new and improved realcent: http://realcent.org
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