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<p>[QUOTE=&quot;scooterv, post: 1789963, member: 56677&quot;]Well, my wife has been to many auctions, but usually for misc. collectibles and boxes of junk she somehow turns into good cash on E-bay.&nbsp; I&#039;ll have her with me, so I&#039;m not TOO worried about the auction process itself.&nbsp; However, she has no interest and never paid attention on coins or silver, other than when getting home to tell me about it.</p><p>&nbsp;</p><p>So, details here, and maybe more than needed.&nbsp; We live in a pretty rural area and the coming auction is the same auctioneers at most of them my wife has been to.&nbsp; Sometimes they are packed, other times almost nobody there.&nbsp; To top it all off, an old friend in another State just hit his first auction, rural, only 5 people showed, and he scored 100 Morgans for $1,400.&nbsp; Besides being rural, this auction will be on a work day at 5 PM and most towns far enough away I can&#039;t see &quot;many&quot; getting there in time, and the inspection is open at 2 PM.</p><p>&nbsp;</p><p>I&#039;ll probably leave empty handed, but IF I walk into a scene of few bidders I have some questions...</p><p>&nbsp;</p><p>Knowing I won&#039;t likely run into 14 x face, I need to figure out what my max is assuming a fast resale.&nbsp; I can calculate current melt value quick enough, but since I&#039;m not looking to hold it I don&#039;t want to go that high.&nbsp; Being my first auction and a newb on coins I also don&#039;t want to consider numismatic value and leave that to higher bidders if it happens.&nbsp; So, while it&#039;s obviously opinion and will vary, what percent of melt would you consider safe for a fast resale?&nbsp; It seems on E-bay lots of 90% are going for above melt.&nbsp; 19-20x face for halves and below, and individual Morgans or Peace for $25-27.&nbsp; So, (made up example)&nbsp; would 15-16x face be safe, as high as 18x for Morgans?</p><p>&nbsp;</p><p>Otherwise, all I know is they are putting the silver up in 100 total lots, and I don&#039;t know what size lots.&nbsp; Besides not likely I&#039;ll get lucky since they are advertising silver, the info will come in more handy to let my wife know what to do when she runs into it at other auctions where it&#039;s smaller amounts not specifically advertised <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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