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<p>[QUOTE=&quot;-jeffB, post: 2063149, member: 27832&quot;]Past experience was an imperfect guide -- one of my favorite small dealers was <i>paying</i> 13.1x for 90%, essentially equal to Provident&#039;s $13.11. And I think he was selling at $14.50, better than Provident&#039;s $14.89 (but not quite matching their $14.29 for $100 or more). If I&#039;d been moving a bit more quickly today, I might have gone back over with some of the 90% that I&#039;ve bought at 12x or below. I&#039;m comfortable hanging on to it for the near term, though.</p><p><br /></p><p>I did sell some Morgan and Peace dollars to him, ranging from $16.50 for culls to $23 for non-problem Morgans. That&#039;s a bit back of Provident&#039;s offer for cull dollars, but I didn&#039;t want to sell that much today. I locked in a bit of profit on stuff I&#039;d bought over the last few months, and now I&#039;ll trawl eBay for a while for underpriced stock to replace it.[/QUOTE]</p><p><br /></p>

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