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<p>[QUOTE="buddy16cat, post: 1501250, member: 37356"]I try to get them at melt but never can. I usually bid on Barbers and standing quarters which never go for melt. The Redbook people bid them up. I do better for silver coins at a PM shop. I did get a couple 40%er halves though for under melt that is just because silver went up the next day or so. I paid 15 cents over melt. I did get quite few silver coins at the PM shop. </p><p><br /></p><p>What kind of silver coins were you selling? Silver coins that are sought after by collectors always get a few dollars over melt. Some silver coins like roosies, Washingtons, and Kennedys just haven't matured. How much was your shipping? How much do you get including shipping? Many bidders deduct shipping from their max bid since many sellers use it to cover overhead expenses which is unfortunate for those sellers who charge what it costs to ship. If that was the case all the time a buyer might say "I would pay for gas if I went to a show or shop".</p><p><br /></p><p>I noticed that coins that are copper or nickel always go for the same amount since spot price for the precious metal is not considered. You got a coin a few bidders that want what you got, a bidding war starts. I know a few coins I bought got driven up by snipers but I wanted the coin so kept outbidding them. After that, I figured I am paying the value since others were looking to pay a close amount that I paid.</p><p><br /></p><p>I was looking at BIN but rarely see a good deal and many of them are overpriced. I always bid on auctions since I think I am getting the true value when a few people are after the same coin. There are some coins that people may want where the correct value for it is hard to determine, like an older coin that has been cleaned at some point. Going by that, it appears an older VF harshly cleaned coin drops down to Redbook G4 price.[/QUOTE]</p><p><br /></p>
[QUOTE="buddy16cat, post: 1501250, member: 37356"]I try to get them at melt but never can. I usually bid on Barbers and standing quarters which never go for melt. The Redbook people bid them up. I do better for silver coins at a PM shop. I did get a couple 40%er halves though for under melt that is just because silver went up the next day or so. I paid 15 cents over melt. I did get quite few silver coins at the PM shop. What kind of silver coins were you selling? Silver coins that are sought after by collectors always get a few dollars over melt. Some silver coins like roosies, Washingtons, and Kennedys just haven't matured. How much was your shipping? How much do you get including shipping? Many bidders deduct shipping from their max bid since many sellers use it to cover overhead expenses which is unfortunate for those sellers who charge what it costs to ship. If that was the case all the time a buyer might say "I would pay for gas if I went to a show or shop". I noticed that coins that are copper or nickel always go for the same amount since spot price for the precious metal is not considered. You got a coin a few bidders that want what you got, a bidding war starts. I know a few coins I bought got driven up by snipers but I wanted the coin so kept outbidding them. After that, I figured I am paying the value since others were looking to pay a close amount that I paid. I was looking at BIN but rarely see a good deal and many of them are overpriced. I always bid on auctions since I think I am getting the true value when a few people are after the same coin. There are some coins that people may want where the correct value for it is hard to determine, like an older coin that has been cleaned at some point. Going by that, it appears an older VF harshly cleaned coin drops down to Redbook G4 price.[/QUOTE]
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