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Franklin set....What's it worth?
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<p>[QUOTE="imrich, post: 2667911, member: 22331"]I will agree that you can buy XF-AU Franklins @ ~2.06 x Melt, as I've been liquidating my common date quality Silver collection @ less than that. </p><p><br /></p><p>Now that you know what he paid for his collection in 2003 when the average Silver price was $4.85/oz., you'll know that he paid ~5.56 x Melt for his set. Your statement of purchases for XF-AU was ~2.06 x Melt, or ~37% of his cost/oz. Silver. My "Grey Sheet" current dealer wholesale quoted price is appreciably greater than that.</p><p><br /></p><p>I personally consider the argument for your "set" value pricing as ludicrous, and will buy all that you/lcs can supply. I just wouldn't offer a "friend" that price.</p><p><br /></p><p>My "ludicrous" advice/statement is worth exactly that for which you paid. It's not intended as an affront, just a difference of my "friend"s value to me.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2667911, member: 22331"]I will agree that you can buy XF-AU Franklins @ ~2.06 x Melt, as I've been liquidating my common date quality Silver collection @ less than that. Now that you know what he paid for his collection in 2003 when the average Silver price was $4.85/oz., you'll know that he paid ~5.56 x Melt for his set. Your statement of purchases for XF-AU was ~2.06 x Melt, or ~37% of his cost/oz. Silver. My "Grey Sheet" current dealer wholesale quoted price is appreciably greater than that. I personally consider the argument for your "set" value pricing as ludicrous, and will buy all that you/lcs can supply. I just wouldn't offer a "friend" that price. My "ludicrous" advice/statement is worth exactly that for which you paid. It's not intended as an affront, just a difference of my "friend"s value to me. JMHO[/QUOTE]
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