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Is 3x face good for 40% halves?
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<p>[QUOTE="-jeffB, post: 5617077, member: 27832"]40% trades at a discount, but <b>not THAT much of a discount</b>. I got 3x as a polite "don't want them, go away" offer at a local show when silver was around $16, and ended up selling them for around 4.1x, when "full melt" (as shown on Coinflation) would've been a bit under 5x. Today, I'd expect to get at least 6x at the show (if it hadn't been canceled).</p><p><br /></p><p>Selling 40% to a local shop is usually a losing proposition, because they don't want to deal with it. Apmex and JM Bullion pay much closer to melt, but at a minimum transaction of $1000 I think. (This is from a year or two ago, which was the last time I remember checking.)[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 5617077, member: 27832"]40% trades at a discount, but [B]not THAT much of a discount[/B]. I got 3x as a polite "don't want them, go away" offer at a local show when silver was around $16, and ended up selling them for around 4.1x, when "full melt" (as shown on Coinflation) would've been a bit under 5x. Today, I'd expect to get at least 6x at the show (if it hadn't been canceled). Selling 40% to a local shop is usually a losing proposition, because they don't want to deal with it. Apmex and JM Bullion pay much closer to melt, but at a minimum transaction of $1000 I think. (This is from a year or two ago, which was the last time I remember checking.)[/QUOTE]
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