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<p>[QUOTE="Jillian, post: 3571317, member: 104446"]Yes, it is a nice find, thank you! I'm very excited about it! And if I paid her a bit more than a dealer would have, I'm ok with that. I wasn't trying to take advantage, I was trying to be fair, so I determined melt value based on current spot price, and then talked to a trusted local coin & metals dealer as well as researched online to see what a typical discount % would be for a dealer buying junk silver from an individual. </p><p><br /></p><p>This seemed fair to me considering that (1) she wouldn't be able to go down the street to a business to get a better deal than what I was offering; (2) the possibility that there might be a special coin in there somewhere; and (3) how inexpensive silver currently is in terms of both historical prices and the gold-to-silver ratio. Frankly, my husband and I were going to purchase more silver in some form this month anyway, so this neat coin collection seemed like a great opportunity to add something different and interesting to our stacks.</p><p><br /></p><p>Thanks for the anecdote about your 200-year old silver coins staying in acetone so long -- I appreciate that info. And yes, definitely acetone from the hardware store -- I'm a stickler for understanding ingredients in all things I touch or consume, and nail polish remover is never pure acetone.[/QUOTE]</p><p><br /></p>
[QUOTE="Jillian, post: 3571317, member: 104446"]Yes, it is a nice find, thank you! I'm very excited about it! And if I paid her a bit more than a dealer would have, I'm ok with that. I wasn't trying to take advantage, I was trying to be fair, so I determined melt value based on current spot price, and then talked to a trusted local coin & metals dealer as well as researched online to see what a typical discount % would be for a dealer buying junk silver from an individual. This seemed fair to me considering that (1) she wouldn't be able to go down the street to a business to get a better deal than what I was offering; (2) the possibility that there might be a special coin in there somewhere; and (3) how inexpensive silver currently is in terms of both historical prices and the gold-to-silver ratio. Frankly, my husband and I were going to purchase more silver in some form this month anyway, so this neat coin collection seemed like a great opportunity to add something different and interesting to our stacks. Thanks for the anecdote about your 200-year old silver coins staying in acetone so long -- I appreciate that info. And yes, definitely acetone from the hardware store -- I'm a stickler for understanding ingredients in all things I touch or consume, and nail polish remover is never pure acetone.[/QUOTE]
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