| Author |
 Topic  |
|
|
Spikeanator6982
Penny Sorter Member
USA
99 Posts |
 Posted - 07/12/2010 : 00:27:21
|
Title says it all what do you guys think is a good price to buy US 90% silver coins at? lets assume a silver price of $18 an ounce is the spot price.
Do you guys go by silver content directly or more of a numberX face?
|
|
|
spartan_b88
Penny Sorter Member
USA
27 Posts |
Posted - 07/12/2010 : 00:46:46
|
| Depends on the quality, but if If I'm buying from a craigslist listing I'll call a coin store in the area and see what they are offering and offer that. Sometimes a few dollars rounded down because I'm driving to them and ease of transaction. For instance a few coins adding up to $72.5 in silver I'd offer $70. $75 if the coins were in really good shape. I like not having to deal with shipping so I usually keep an eye on cragslist for good deals. |
 |
|
|
myfundsarelow
Penny Collector Member
USA
388 Posts |
Posted - 07/12/2010 : 12:48:39
|
| i would buy 90% silver coins pay $11.50 per dollar 40% half dolllars for2.30 each at 18 .00 oz of silver if i were buying. PEACE!! |
|
|
|
AGCoinHunter
Penny Hoarding Member
USA
685 Posts |
Posted - 07/12/2010 : 16:04:39
|
| Currently I am paying face at the bank. Seems like a fair deal for me. :) |
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
-Thomas Jefferson
"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand
________________________________________________
Lenin: Class-based International Socialism
Hitler: Race-based National Socialism
Obama: Class- and Race-based Post-National Socialism
|
|
|
|
Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 07/12/2010 : 16:13:05
|
Try You must be logged in to see this link. for the exact amount of silver in coins at any silver price using their silver calculator.
Most times 90% will have a buy price on or under silver spot so check auction sites and bullion dealers like AMPEX that offer their buying price and use it to form your price.
Hope this helps! |
Robber Baron= Robarons |
|
|
|
Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 07/12/2010 : 16:48:41
|
roughly .5X to 1.0X below spot.
tend toward the higher end for halves or older coins like mercs, walkers.
better price if the quantity is larger. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
|
|
|
|
Spikeanator6982
Penny Sorter Member
USA
99 Posts |
Posted - 07/12/2010 : 16:53:05
|
ya I know the silver content of coins and know about coinflation.
I was just wondering what everyone was paying for it. I just got some for less then 17.50 an oz on ebay. Thats including shipping an everything. |
|
|
|
Flbandit
Penny Hoarding Member
USA
851 Posts |
Posted - 07/12/2010 : 17:06:31
|
| I try to get it below spot if I can. But I buy such small amounts that I don't worry to much if it's a bit over. |
Are you throwing that out? |
|
|
|
djwayne
New Member
USA
2 Posts |
Posted - 07/12/2010 : 18:42:08
|
| I'm buying very good quality silver coins and bullion. I'm only buying a few coins at a time, so paying a little extra is worth it to me, if the coin is in great shape. For example, today I bought a 1922 Peace Dollar for $18, because it was in really nice shape. It looks like new..... BU ASE's I'm paying between $21.00 and 23.00. I bought a couple of Chinese Panda's and paid about $30 each for them, because of their condition, and they are hard to find around here in Ohio. I'm hoping to keep my silver a few years and hope it will go up in value. I'don't think it will go down in value. |
|
|
|
Heartkill
Penny Sorter Member
USA
91 Posts |
Posted - 07/13/2010 : 07:10:21
|
| I buy in small amounts at a time. To me, paying $1.50 for a dime or $3-3.25 for a quarter is not unreasonable. I've been getting smoking deals at estate auctions lately though. I scored 71 Merc's two weeks ago for $35 - or .54 cents each - I'll gladly pay 5x face! |
|
|
|
Ember
Penny Sorter Member
USA
27 Posts |
Posted - 07/13/2010 : 23:54:48
|
| I buy at 10x face no matter what. There are always sellers and I am always willing to buy. I pay a little more for Morgans, usually $12-$13. |
|
|
|
rodebaugh
Penny Collector Member
USA
377 Posts |
Posted - 07/15/2010 : 13:38:32
|
quote:
Originally posted by Ember
I pay a little more for Morgans, usually $12-$13.
I will buy all the morgans you can get to me for $15.00.
@ $12-$13 each I am getting a second mortgage and selling one of my kidneys to buy more morgans |
http://rodebaugh.ecrater.com/ |
Edited by - rodebaugh on 07/15/2010 13:39:31 |
|
|
|
Jangles
Penny Sorter Member
31 Posts |
Posted - 07/15/2010 : 16:39:50
|
I usually hunt around eBay for deals. Saw $40 worth of halves today for 11.5x face after using rebates.
If you don't think $1.50 for a dime is a bad deal keep an eye on this seller:
You must be logged in to see this link.
He usually has dimes for $1.35 and lately he has had war nickels for $1.00. All with free shipping. Can only buy one every 8 days though, he's been doing it for a while now, trying to get his feedback up is my guess. |
|
|
|
novillero
Penny Sorter Member
USA
86 Posts |
Posted - 07/16/2010 : 06:48:23
|
| I would love to pay less than face, but like others above I buy small. Soooo, it's harder to get great deals at the amount of $ I put aside per week. I take what I can get when I can get it. |
|
|
| |
Topic |
|
what will you pay for 90% silver?
Forum Locked
