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<p>[QUOTE="bqcoins, post: 1247058, member: 5036"]All right then, I have been breaking into the coin business for a while now, here and there, for the last three years. My local dealer, also my friend, has been very good to help me along with a few deals, lots of knowledge, and the occasional poker game <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> Well, one of the things he cuts me deals on is foreign silver coins. He lumps them all together and saves them up for me and I buy them by weight at 70% spot. The way we figured it is that most foreign silver, except the modern mexican is usually somewhere between 50% and 80% and it has worked out well for me. I can usually turn a profit on these little items. But this last time I received a doozie of a deal. I just came back from deployment and stopped in to see him, he had a mason jar full of foreign silver. We weighed it, I bought it, no biggie. (btw, he told me this is stuff he would send to the scrappers if I didn't purchase it) I got it home and started sifting through it. The canadian dimes, quarters, modern halves, australian and new zealand and british 3 pence went right back out the door with out a thought and I made a few bucks on them. There were some other minor coins that I looked up and decided it would be easier to dump them off, but I was left with a few bigger items, as I usually start with the smallest stuff and work my way up. The last two items quite literally shocked me. An American Peso and an older Canadian half. Here are the pics:</p><p><img src="http://i240.photobucket.com/albums/ff71/bqcoins/coins002.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i240.photobucket.com/albums/ff71/bqcoins/coins001.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i240.photobucket.com/albums/ff71/bqcoins/coins004.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i240.photobucket.com/albums/ff71/bqcoins/coins003.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Both of these are moderately rare, the peso which looks to be unc, maybe dipped, lists over $100 and the half is a major rarity with a mintage of 60,000 list in this condition for around $700!!! I called my friend and told him about them and that I could give him half of whatever I sold them for, but he told me not to worry about it, again he was just going to melt them if I didn't purchase them. Plus, there is a coin show this weekend and I was taking some other stuff in to show some of the specialist dealers (a mostly complete set of barber dimes and some major error coins) so these will go along. This may end up being my biggest deal yet![/QUOTE]</p><p><br /></p>
[QUOTE="bqcoins, post: 1247058, member: 5036"]All right then, I have been breaking into the coin business for a while now, here and there, for the last three years. My local dealer, also my friend, has been very good to help me along with a few deals, lots of knowledge, and the occasional poker game :D Well, one of the things he cuts me deals on is foreign silver coins. He lumps them all together and saves them up for me and I buy them by weight at 70% spot. The way we figured it is that most foreign silver, except the modern mexican is usually somewhere between 50% and 80% and it has worked out well for me. I can usually turn a profit on these little items. But this last time I received a doozie of a deal. I just came back from deployment and stopped in to see him, he had a mason jar full of foreign silver. We weighed it, I bought it, no biggie. (btw, he told me this is stuff he would send to the scrappers if I didn't purchase it) I got it home and started sifting through it. The canadian dimes, quarters, modern halves, australian and new zealand and british 3 pence went right back out the door with out a thought and I made a few bucks on them. There were some other minor coins that I looked up and decided it would be easier to dump them off, but I was left with a few bigger items, as I usually start with the smallest stuff and work my way up. The last two items quite literally shocked me. An American Peso and an older Canadian half. Here are the pics: [IMG]http://i240.photobucket.com/albums/ff71/bqcoins/coins002.jpg[/IMG] [IMG]http://i240.photobucket.com/albums/ff71/bqcoins/coins001.jpg[/IMG] [IMG]http://i240.photobucket.com/albums/ff71/bqcoins/coins004.jpg[/IMG] [IMG]http://i240.photobucket.com/albums/ff71/bqcoins/coins003.jpg[/IMG] Both of these are moderately rare, the peso which looks to be unc, maybe dipped, lists over $100 and the half is a major rarity with a mintage of 60,000 list in this condition for around $700!!! I called my friend and told him about them and that I could give him half of whatever I sold them for, but he told me not to worry about it, again he was just going to melt them if I didn't purchase them. Plus, there is a coin show this weekend and I was taking some other stuff in to show some of the specialist dealers (a mostly complete set of barber dimes and some major error coins) so these will go along. This may end up being my biggest deal yet![/QUOTE]
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