Message:

<p>[QUOTE=&quot;1865King, post: 7754416, member: 103207&quot;]There is one item that people don&#039;t think about as junk silver.&nbsp; That is all the modern commemorative silver dollars the mint has struck since 1982 or 83.&nbsp; Back in 2007 or 2008 I decided to increase my silver holdings.&nbsp; I think silver was running between $12 and $15.&nbsp; There was a local shop that would visit and I would pick up fine to extra fine common Morgan and Peace dollars.&nbsp; He would sometimes get in mishandled silver eagles or even SAE that were colorized.&nbsp; I would buy them for spot.&nbsp; Sometimes there was nothing wrong with them but he had to many in stock and I would get those for spot.&nbsp;&nbsp; Then I noticed he had a large amount of silver commemorative dollars both proof and mint state all in their original packaging.&nbsp; Some even had clade half dollars in the set.&nbsp; Anyway I ended up buying about 100 of them.&nbsp; I was buying them for $14 to $16 even with the clade half.&nbsp; So I was buying 90% silver dollars in mint state and proof for $14 to $16.&nbsp; I still have them and they are sitting in their original capsules.&nbsp; Based on what I&#039;ve seen at shows and other coin shops there are a lot of dealers that are overloaded with these coins and you maybe able make a deal with a dealer to take them off the hands.&nbsp;&nbsp; If you offer to buy them in quantity and tell them why your buying them you may get a great deal on them.&nbsp; I would offer 10% below spot.&nbsp; If the dealer wants to get rid of them you should be able to make a deal.&nbsp; Keep in mind a lot of dealers may have a lot in inventory would happy to get rid of them.&nbsp; If your able to make a deal don&#039;t spend a lot of time examining the coins.&nbsp; If their in their capsule pick it up give the coin a quick look to make sure it&#039;s not damaged and set it in your buy pile.&nbsp; Don&#039;t make it look like you looking for proof or mint state 70 coins you may piss off the dealer.&nbsp; You may give him the idea your cherry picking him.&nbsp; Not cool, if you told him your buying them as bullion only.&nbsp; Keep in mind that you may end up with 10 to 20 percent of them being 70&#039;s.&nbsp; Have full hunting.[/QUOTE]</p><p><br /></p>

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