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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
 Posted - 04/19/2009 : 20:10:32
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looking to buy a 90% silver bag. best I can find is about $2.50 per ounce over spot for halves. can anyone recommend a better source?
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Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 04/19/2009 : 20:39:31
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I've been able to pick up small lots at 10x face here and there, but no where close to a bag...
2.50 over spot is about 10.5x face... I don't think you're going to find much better then that anywhere, especially for 1/2's |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/19/2009 : 20:53:01
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Hello,
I suggest that you put a Bid in on Bullion Direct's Nucleo Exchange. Top Bid right now is $10000. A Bid of $10050 would give you a chance to get a $1000 90% bag cheaper than the going market rate of spot+$2.75. At $10050 (+1%comm.) and at spot at $11.93, you would be getting the bag for spot+$2.25. That's about the best you can do right now; Tulving in California is paying spot+$2 for 90% bags.
The last $1000 90% bag on BD's Nucleo went for $10500 about a week ago. |
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The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/19/2009 : 21:01:56
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Lemon Thrower,
Oober is right; the halves get even more premium. My previous post was for a bag of dimes or quarters. Half bags trade on the buy side for $11000 and up. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 04/20/2009 : 03:43:23
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| you can find some deals on ebay with live cashback if you're an ebayre. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 04/22/2009 : 08:08:46
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Lemon Thrower,
If you are still looking for bag of 90% silver (dimes or quarters), Bullion Direct's Nucleo Exchange has someone offering one bag at $10400 right now (as of 4/22-0915ET). |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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misteroman
Administrator
USA
2565 Posts |
Posted - 04/22/2009 : 08:11:12
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| I'll sell ya a half or 3/4 bag if ya need one and there will be at around 1500 mercs in it if still interested. |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/22/2009 : 08:17:06
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quote:
Originally posted by Country
Lemon Thrower,
If you are still looking for bag of 90% silver (dimes or quarters), Bullion Direct's Nucleo Exchange has someone offering one bag at $10400 right now (as of 4/22-0915ET).
The only problem with BD is that you are going to pay the 1% commission plus shipping. So on a $10400 deal (for $1000 face) with a bag this big, shipping and insurance wont be cheap (depending on where it's going to of course, the rate will vary). It's an option, though but the delivered price will come out higher than he is looking for I am guessing.
The best "ask" on $10 face bags is $103.40 at the moment, so he actually gets a better price without having to buy $1000 face.
Just some things to keep in mind....  |
My hobby: collecting real money 1 copper cent or nickel at a time.
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misteroman
Administrator
USA
2565 Posts |
Posted - 04/22/2009 : 08:19:22
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| then he could just buy fom me and be happy!!! |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/22/2009 : 13:36:36
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Since we haven't heard, maybe he's bought already.
CoinHunter - You're right on the cost of BD's Nucleo trade. The true cost of a $1000 90% bag of coins is $10400 (still available) + 1% + shipping = $10550. Going the $10 bag route will only give you 10 bags ($100 face) at the $103.40 (still available) price. Note the buy price right now is $10200 for a $1000 bag and $102.00 for a $10 bag of 90% silver coins, respectively. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 04/23/2009 : 03:18:14
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Bags of 90% silver come in $1000 face I guess. Are they usually all one type of coin or do they mix dimes quarters and 1/2s?
If I assemble a full bag is there a premium over smaller lots, or a discount. Put another way, does it make sense to buy and break up a bag or to try to create full bags. I don't have enough of anything right now to make a bag, but I can shoot for that as a goal. |
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Sources for 90% bags?
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