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The great coin melts effect on coin totals.
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<p>[QUOTE="Fall Guy, post: 1368177, member: 35281"]Well for this specific guy by me he states that he is a "metal guy". He has no interest in the coins themselves just their melt value. He will sell some of his nicer coins but if he doesn't sell off his junk silver within a month or 2 he melts it. Because my funds are limited, I can only buy so much off him before he goes and melts it. However, his practice has allowed me to pick up some really nice coins for a buck or 2 over spot. For example about 15 1943-46 Walkers in AU to MS condition for $12-14 a piece depending on silver price at the time. I just wish I had the money to buy all the silver off him before it got melted.</p><p><br /></p><p>But I agree, I think he is loosing tons of money this way but I am not twisting his arm to quote me the prices he does. Sad thing, is I am moving 2 hrs away from the store in less than a month. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Fall Guy, post: 1368177, member: 35281"]Well for this specific guy by me he states that he is a "metal guy". He has no interest in the coins themselves just their melt value. He will sell some of his nicer coins but if he doesn't sell off his junk silver within a month or 2 he melts it. Because my funds are limited, I can only buy so much off him before he goes and melts it. However, his practice has allowed me to pick up some really nice coins for a buck or 2 over spot. For example about 15 1943-46 Walkers in AU to MS condition for $12-14 a piece depending on silver price at the time. I just wish I had the money to buy all the silver off him before it got melted. But I agree, I think he is loosing tons of money this way but I am not twisting his arm to quote me the prices he does. Sad thing, is I am moving 2 hrs away from the store in less than a month. :([/QUOTE]
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The great coin melts effect on coin totals.
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