Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Sell price of bullion as a percentage
>
Reply to Thread
Message:
<p>[QUOTE="alexthebold, post: 1707413, member: 50759"]I realize that it's a lot like asking "How long is a piece of string," but responders can feel free to ramble. </p><p><br /></p><p>Controlling for outlier conditions (i.e., the economy hasn't collapsed, the dollar hasn't just been devalued, terrorists haven't stolen the Statue of Liberty, it's just an ordinary, run-of-the-mill day in the world), if you were to walk into a dealer (or go online) with a 2013 American Silver Eagle and a 2013 American Gold Eagle, with spot prices (I'm gonna keep it simple) for silver and gold of $100 and $1,000 an ounce respectively, what would be a fair offer to both sides, as a percentage of the current spot price? </p><p><br /></p><p>Obviously, there are other factors -- coin's age, condition, etc., but just assume perfectly ordinary coins. Say you walk in with a 2013 gold eagle in pristine condition. And one that someone HAD to touch and then dropped into a running garbage disposal. And one that they ran through the washing machine because "it looked a little dingy"? And say you had the exact same trio of 1965 gold sovereigns AND 1978 Canadian maples.</p><p><br /></p><p>And a similar set-up for silver.[/QUOTE]</p><p><br /></p>
[QUOTE="alexthebold, post: 1707413, member: 50759"]I realize that it's a lot like asking "How long is a piece of string," but responders can feel free to ramble. Controlling for outlier conditions (i.e., the economy hasn't collapsed, the dollar hasn't just been devalued, terrorists haven't stolen the Statue of Liberty, it's just an ordinary, run-of-the-mill day in the world), if you were to walk into a dealer (or go online) with a 2013 American Silver Eagle and a 2013 American Gold Eagle, with spot prices (I'm gonna keep it simple) for silver and gold of $100 and $1,000 an ounce respectively, what would be a fair offer to both sides, as a percentage of the current spot price? Obviously, there are other factors -- coin's age, condition, etc., but just assume perfectly ordinary coins. Say you walk in with a 2013 gold eagle in pristine condition. And one that someone HAD to touch and then dropped into a running garbage disposal. And one that they ran through the washing machine because "it looked a little dingy"? And say you had the exact same trio of 1965 gold sovereigns AND 1978 Canadian maples. And a similar set-up for silver.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Sell price of bullion as a percentage
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...