Selling premiums today

Discussion in 'Bullion Investing' started by medoraman, May 18, 2021.

  1. medoraman

    medoraman Well-Known Member

    So, honest question. What are premiums running today when you sell silver? A friend needs to sell ASE and 90% his family inherited. He said the best offers he got online were for $.25 over for ASE, and 5% discount from spot for the 90%. I would buy it from him but am not crazy about it at these levels and I thought I heard buying premiums are up.

    What should he be looking for to get for these? Just common stuff like 2012 ASE, washington quarters, etc.
     
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  3. ddddd

    ddddd Member

    Here is what a bigger dealer pays other dealers:
    https://trading.upstatecoins.com/wp-content/uploads/dealer.pdf

    $4.50 over for impaired ASE ($6.75 for "fresh" tubes) and over spot for 90% (higher premium for halves).

    The offers you mention sound low. I would expect at least melt (if not over) on the 90% and $2-$3 over for Eagles (if selling online to another collector, I'd expect even more over on the Eagles).
     
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  4. FryDaddyJr

    FryDaddyJr Junior Member

  5. longshot

    longshot Enthusiast Supporter

    I've been watching Franklin half dollar rolls on ebay. Got an itch to buy some. They seem to be going for about 18% over melt.
     
  6. medoraman

    medoraman Well-Known Member

    Thank you very much. It confirms the places he was checking was trying to swindle him. I thought what he was quoted seemed outlandish.
     
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  7. slackaction1

    slackaction1 Supporter! Supporter

    ONE rolls sold on this forum think 710.00 2015
     
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