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Going to sell coins to my LCS, what should I expect?
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<p>[QUOTE="-jeffB, post: 4913644, member: 27832"]That would have been my recommendation in the past, too. Today, though? It's been a long time since there's been a local coin show, and if they <b>did</b> throw one, there's no way I'd darken its door.</p><p><br /></p><p>$52 face is <i>just</i> under the threshold for selling to one of the big online bullion dealers, I think -- last I checked, their buyback minimum was $1000.</p><p><br /></p><p>Halves are worth a bit more than quarters or dimes, especially if they're in good condition, but I've hardly ever had luck <i>getting</i> more for them at a show.</p><p><br /></p><p>Silver (and even gold) swooned today in response to political events. Melt value for the silver in $1 FV is currently $16.87 or so. Since silver seems to be on the decline, offers from dealers will be well below that. If you can afford to wait a week or two, you might get a better price -- or a worse one; if I could predict price swings, I'd be too busy to post here. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 4913644, member: 27832"]That would have been my recommendation in the past, too. Today, though? It's been a long time since there's been a local coin show, and if they [B]did[/B] throw one, there's no way I'd darken its door. $52 face is [I]just[/I] under the threshold for selling to one of the big online bullion dealers, I think -- last I checked, their buyback minimum was $1000. Halves are worth a bit more than quarters or dimes, especially if they're in good condition, but I've hardly ever had luck [I]getting[/I] more for them at a show. Silver (and even gold) swooned today in response to political events. Melt value for the silver in $1 FV is currently $16.87 or so. Since silver seems to be on the decline, offers from dealers will be well below that. If you can afford to wait a week or two, you might get a better price -- or a worse one; if I could predict price swings, I'd be too busy to post here. :)[/QUOTE]
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