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<p>[QUOTE="Ed Sims, post: 1977527, member: 59688"][USER=58810]@Vegas Vic[/USER] That is why dealers do NOT pay .723 times face they pay .715 to account for wear. The ethical dealers I know in my area and myself do not pay that rate for Barber coins and Standing Liberty quarters because those coins in average circulated condition contain on average less that .715 per dollar face. Those coin I do put on a scale before I buy them and they go on a scale when they are sold. But then a lot of the younger dealers of today just do not do the things the way they used to be done.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Sims, post: 1977527, member: 59688"][USER=58810]@Vegas Vic[/USER] That is why dealers do NOT pay .723 times face they pay .715 to account for wear. The ethical dealers I know in my area and myself do not pay that rate for Barber coins and Standing Liberty quarters because those coins in average circulated condition contain on average less that .715 per dollar face. Those coin I do put on a scale before I buy them and they go on a scale when they are sold. But then a lot of the younger dealers of today just do not do the things the way they used to be done.[/QUOTE]
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