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Trade 40% Halves for ASE's?
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<p>[QUOTE="doug444, post: 2634974, member: 38849"]Once again, it depends whether you're a numismatist or a stacker. If I was offered 40% (or War nickels) at 91%, with no postage or freight to pay, I'd snap them up. Silver is silver. As I have discussed in the past, ASEs carry a significant premium that you will never recover when and if silver moves up, plus they are semi-useless in commerce, as no one will want to use up their more liquid 90% to "make change" for them...</p><p><br /></p><p>Why do you think the big Five continually run "specials" on them? Follow the money.</p><p><br /></p><p>The coin dealer in question probably has a few buyers that think like I do, or he wouldn't offer the trade at all. You can be sure he's not offering the trade with the intention of losing money.</p><p><br /></p><p>This part I agree with:</p><p>"Trading helps him dump inventory so it should be more favorable than a cash deal."[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 2634974, member: 38849"]Once again, it depends whether you're a numismatist or a stacker. If I was offered 40% (or War nickels) at 91%, with no postage or freight to pay, I'd snap them up. Silver is silver. As I have discussed in the past, ASEs carry a significant premium that you will never recover when and if silver moves up, plus they are semi-useless in commerce, as no one will want to use up their more liquid 90% to "make change" for them... Why do you think the big Five continually run "specials" on them? Follow the money. The coin dealer in question probably has a few buyers that think like I do, or he wouldn't offer the trade at all. You can be sure he's not offering the trade with the intention of losing money. This part I agree with: "Trading helps him dump inventory so it should be more favorable than a cash deal."[/QUOTE]
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Trade 40% Halves for ASE's?
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