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
when buying from a dealer, the price is slightly higher for less than $1000 face. not sure about when selling.
if you want to sell, you can probably get higher prices by selling 1 roll at a time here, on ebay, or craigslist but obviously that is a lot more work to sell multiple rolls than a single bag. hence the discount for a full bag.
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X
Building Bags?
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Posted - 04/24/2009 : 04:45:09
