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<p>[QUOTE=&quot;Jim M, post: 719407, member: 4791&quot;]I am doing something wrong, that&#039;s for sure. Common date circ 90% silver is being bought locally here by dealers for 11.25 times face today.&nbsp; Wish I could find it for 8x face, heck 10x would be nice.</p><p><br /></p><p>Dont let the pawn shop dealers fool you. I know several owners and they know more about coins than they let on. They are not dummies let me assure you. There are no Santa Clauses hanging out in pawn shops.&nbsp;&nbsp; As Clembo said, they accumulate alot of coins and when cash gets short they cash in at a coin shop and do really well doing it. </p><p><br /></p><p>Here is something to think about.&nbsp;&nbsp; Pawn shop owner buys X coins for X amount, knowing that coin shop A will pay him 25% more than he paid. He marks said coins up 150% and puts them on his shelf for week or so, somebody bites, Great, if not&nbsp; off they go to the shop next week. Don&#039;t think for a second this is not the way it works.&nbsp; How many people go into a pawn shop and would not be happy getting 2,3 or even 4 times face for silver. Obviously they havent a clue about coins or they would go to the coin shop to start with.&nbsp; I have seen (recently) a pawn shop offer 1.5 times face for silver and the person said Cool, better then spending it.&nbsp; They get paid, leave with a big grin and the person behind the counter says something like, We get fools walking in here everyday.&nbsp; I watched them purchase over 100 DVD movies a few weeks ago for $20. Tossed them in a box, put 3 for $10.00 on them and moved on. </p><p><br /></p><p>KNOWLEDGE is everything. Know what your looking at and what your looking for.[/QUOTE]</p><p><br /></p>

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