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Dealer "buy price" for junk silver coins?
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<p>[QUOTE="illini420, post: 773511, member: 19423"]Yes, if it's junk 90% dealers will almost always pay less than spot. So if you don't want to take that hit upon selling, just sell to other investors/collectors. It's not that hard to do and as long as you get paid up front, there is little risk in doing so. </p><p> </p><p>If dealers are currently paying 9-11x face for 90%, you could most likely sell the same stuff on the Open forum for 11.5-12.5x face with very little effort except having to box it up and having to go to the post office.</p><p> </p><p>Same story when buying, you can often get better prices buying from other collectors directly than you can from a dealer, but make sure you have a relationship with the seller (or have otherwise done some due diligence on then) before buying since there are scammers out there![/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 773511, member: 19423"]Yes, if it's junk 90% dealers will almost always pay less than spot. So if you don't want to take that hit upon selling, just sell to other investors/collectors. It's not that hard to do and as long as you get paid up front, there is little risk in doing so. If dealers are currently paying 9-11x face for 90%, you could most likely sell the same stuff on the Open forum for 11.5-12.5x face with very little effort except having to box it up and having to go to the post office. Same story when buying, you can often get better prices buying from other collectors directly than you can from a dealer, but make sure you have a relationship with the seller (or have otherwise done some due diligence on then) before buying since there are scammers out there![/QUOTE]
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Dealer "buy price" for junk silver coins?
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