Hunting for Rare Coins at Scrap Silver Dealer

kelleef · Apr 2, 2013

I buy as many as my pocket is deep 4 kids so its not that deep lol

Log in or Sign up to hide this ad.

BigTee44 · Apr 2, 2013

My gold for cash place in town is nice. They sell below melt for 90% and $1.25 over spot for eagles. I'm lucky if they have $10 face though

newcoinguy · Apr 2, 2013

OP what town do you live in again?

newcoinguy · Apr 2, 2013

I will buy a plane ticket tomorrow!

Nate4s said: ↑

This is extremely helpful.

Thanks for all of the help everyone else. It is extremely fun...but also frightening because I have no idea what I'm actually looking for in terms of dates or rarity and have the potential to miss some really great coins (that someone else will buy to melt, potentially). It's crazy, the guy running the place said not many folks buy the actual currency, but prefer the silver eagles.

To address some of the other concerns. If I had around $20,000 just sitting around (which, unfortunately, I do not...I make that much in a year as a graduate student), I would buy ALL of the coins in an instant and take my sweet time checking each and every one out.

I totally understand about making sure to "reward" them for being so generous and letting me pick through their coins. The first time I went in there, I bought $180 worth of "silver"...F-XF walking liberty halves (1927, 1940s), Poor - Good Barber Halves (189x - 1912), some nice looking franklin halves of various years (none of the seemingly rarer years though), and one of the only Peace Dollars (1935) I could find that was not heavily cleaned...it's not cleaned at all! I would suppose there are some rarer years of Morgans and Peace dollars, but they would all have to be sold as cleaned/cull coins. I also picked up 3 of what seem to be Eisenhower proofs (for around $10 ea).

I think my next goal will be to save up some more coin-buyin' money (around $150 or so) and just look at quarters next. I saw some standing liberty quarters in there, but got so overwhelmed with the sheer number of things I wanted, but could not afford. I wish I could just arrange a field trip and have you all come along with me.
Click to expand...

enochian · Apr 2, 2013

best on to look for would be the 1916 d mercury great value in any condition if you find his one buy it then flip it at a dealer then go back for more

Log in or Sign up

Hunting for Rare Coins at Scrap Silver Dealer

kelleef Member

Guest User Guest

BigTee44 Well-Known Member

newcoinguy Member

newcoinguy Member

enochian silver eater

Share This Page

Log in or Sign up

Hunting for Rare Coins at Scrap Silver Dealer

kelleef Member

Guest User Guest

BigTee44 Well-Known Member

newcoinguy Member

newcoinguy Member

enochian silver eater

Share This Page

Useful Searches