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<p>[QUOTE="imrich, post: 1473936, member: 22331"]<b>A "Catch 22" Condition</b></p><p><br /></p><p><br /></p><p><br /></p><p><b>It would seem logical that buyers would accept "face value" as a reasonable measure of exchange value when provided in an auction, but recent experience in a large volume 90% Silver coin auction provided a differing enlightenment. </b></p><p><b><br /></b></p><p><b>Buyers have come to accept the Coinflation (and others) charts as gospel for conversion of Silver content/value. Generally, they are intended for uncirculated coinage, as is the 715 Troy ounces per $1000 face value 90% dimes to halves rule. Buyers are often weighing coins with accurate scales and Tare weights to determine Silver content received, and are surprised that circulated coins weight don't match the published charts that generally don't have a clarifying statement about coin condition.</b></p><p><b><br /></b></p><p><b>I recently sold $100 face of advertised/delivered VG to VF condition 90% Silver dimes @ 20 x Face, receiving a positive feedback stating the coins to be more than 1% deficient in weight, and thus Silver content. After weighing lots of various condition coins, it was realized that the charts/rules are generally logically for uncirculated condition coins.</b></p><p><b><br /></b></p><p><b>My auctions now state both face value and the anticipated average deviation from published information concerning 90% Silver coinage. I weigh lots received/delivered from/to others and find that dealers commonly use face value when selling, and weight when buying, but often offer weight in auction, knowing the common use of published inaccurate data. </b></p><p><b><br /></b></p><p><b>Just My Humble Experience </b>:thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 1473936, member: 22331"][b]A "Catch 22" Condition[/b] [B]It would seem logical that buyers would accept "face value" as a reasonable measure of exchange value when provided in an auction, but recent experience in a large volume 90% Silver coin auction provided a differing enlightenment. Buyers have come to accept the Coinflation (and others) charts as gospel for conversion of Silver content/value. Generally, they are intended for uncirculated coinage, as is the 715 Troy ounces per $1000 face value 90% dimes to halves rule. Buyers are often weighing coins with accurate scales and Tare weights to determine Silver content received, and are surprised that circulated coins weight don't match the published charts that generally don't have a clarifying statement about coin condition. I recently sold $100 face of advertised/delivered VG to VF condition 90% Silver dimes @ 20 x Face, receiving a positive feedback stating the coins to be more than 1% deficient in weight, and thus Silver content. After weighing lots of various condition coins, it was realized that the charts/rules are generally logically for uncirculated condition coins. My auctions now state both face value and the anticipated average deviation from published information concerning 90% Silver coinage. I weigh lots received/delivered from/to others and find that dealers commonly use face value when selling, and weight when buying, but often offer weight in auction, knowing the common use of published inaccurate data. [/B] [B]Just My Humble Experience [/B]:thumb:[/QUOTE]
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