| Author |
 Topic  |
|
|
nocentsisnonsense
New Member
USA
16 Posts |
 Posted - 07/09/2009 : 09:50:57
|
I have a chance to buy this lot and is all common circulated coins. WHAT WOULD BE A GOOD OFFER???
38 mogan & peace
dollars,walking liberty half dollars 43, franklin halfs 21, silver rounds
20, mercury dimes 71, barber dimes 10, 40% half dollars 32, silver quarters
63, kennedy halfs 3, indian head pennys 35, war nickles 19, v nivkles 4.
|
If only you could see the future with 20/20 vision! |
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 07/09/2009 : 13:37:37
|
Welcome to the forum!
Assuming that everything is common dates this would be a fair offer.
38 mogan & peace dollars: These typically sell for $15-17 in a coin shop. $14-15 would be a fair offer.
walking liberty half dollars 43, franklin halfs 21, mercury dimes 71, barber dimes 10, silver quarters
63: At spot at 12.82 9.5x face or around there is the going rate.
20 silver rounds: It depends if they are generic or name brand but $0.50-$0.70 over spot is the going rate.
63 40% half dollars. 3.4x face seems to be the going rate
Indian head pennys 35: $1 each is the going rate
War nickles 19: %0.60-%0.70 is the going rate for each
V nickles 4: $0.50 each is the going rate
|
Copper Penny Investing
www.portlandmint.com |
 |
|
|
oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 07/09/2009 : 14:23:57
|
| FWIW, I have been offering 80-90% of spot for most of this type of silver and have been getting those offers accepted. I like to have a little wiggle room if they say original offer is too low. |
|
|
|
Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 07/09/2009 : 14:31:24
|
Everything you have listed there is approximately around $1550 in total silver and numis value based on $15 morgans/peace - 9.5x face on 90% silver, $15 per round, 75 cents per WN, $1 per indian/v-nickel.
I would offer $1350 or $1400 for the lot. |
|
|
|
nocentsisnonsense
New Member
USA
16 Posts |
Posted - 07/09/2009 : 15:23:50
|
| thank...this was the general range i was in. This might be stupid but i have around 1000 ounces of bulk silver. I know you can never have to much...but what is a norm for people to hold? I like to buy but limited funds tends to keep me from buying as much as i would like. |
If only you could see the future with 20/20 vision! |
|
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 07/09/2009 : 15:29:08
|
quote:
Originally posted by nocentsisnonsense
thank...this was the general range i was in. This might be stupid but i have around 1000 ounces of bulk silver. I know you can never have to much...but what is a norm for people to hold? I like to buy but limited funds tends to keep me from buying as much as i would like.
You can never have to much silver! There is no normal amount for a person to hold. It all depends on your goals and objective for the silver. |
Copper Penny Investing
www.portlandmint.com |
|
|
|
dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 07/09/2009 : 18:40:55
|
| No normal person would hold silver I believe that all of us are not normal |
|
|
|
buyingsilvers
Penny Collector Member
441 Posts |
Posted - 07/10/2009 : 02:37:38
|
| I'd offer a little lower than what you consider to be a good offer, and let him bargain it back up. |
|
|
| |
Topic |
|
what should i offer
Forum Locked
