What are you all paying for 90% junk?

That's good to know. Thanks for the feedback.

 

Log in or Sign up to hide this ad.

Paid $15.50xface today, but got to pick my own:

• 1901 & 1914 Barber dimes (nice VG)
  
• 1936-D Mercury dime (AU)
  
• 1900, 1901 & 1908-D Barber halves (nice G)
  
• 1936-D & 1939-D Walking Liberty halves (F and G)

 

16x

 

Was able to buy at 15x a few days ago. Got Mercury dimes, quarters and even one worn Barber quarter from a LCS.

 

I paid 17.5X yesterday for a bit over two dozen barber dimes. I never obtained any of these before, so cherry-picking was exciting. Somehow all variations/dates of the coin were different except for a couple. This was at a LCS. It was if someone had taken a book/collection and dumped them in a baggie. I can only read "libert.." on the face of one of the coins, they rest are very worn yet one can read the dates and mint marks.

 

LCS sold me a few silver Roosevelt dimes for 13x today.

 

they never made a walking liberty dime

 

Yikes, yes...they are often referred to as Mercuries and I was trying to use the more official reference and bombed out, I guess that Winged Liberty would have been more appropriate.

 

My local pawn wants 20x face. I walked.

 

Ebay is showing 17x face across the board right now.

 

I got some at 14x face last week, but it looks like the price might go up a bit now.

 

I current offer them 90-95% of BV

 

I offer 10x face to the convenience store employees that I see every week. Picked up $12.50 face today

Unfortunately, about half of the employees are from Bangladesh and they tell me that when they find 90% coins, they send them 'back home', where they make jewelry out of the silver. The numismatist in me cringes at what may have been, and will be lost.

 

Went to a coin show today and dealers were selling 90% at 14x face. I asked them why so low and they said not much of a demand and an over supply. This is in Colorado. How is it in the other parts of the country?

 

I'd be so happy to pay 14x! I was recently able to purchase two Franklins and two Walkers for $8 each, so 16x. This is in New York state.

 

Provident Metals is selling it for 14.9x Face right now. Seems to be dropping again.

 

Doesn't it make more sense to express the price that you pay for face value coinage as a percentage over melt?


If I say I paid 12x, it really doesn't tell you weather I got a good deal or weather I got screwed. You would have to go back and see what silver was selling for the day that I bought it. Paying 12x today would be an absolute steel. However, if I paid 12x when silver was $4.00/ozt I would have gotten murdered.


If, on the other hand, I say I paid melt + 5% then you know what kind of deal I got regardless of the price of silver at the time of purchase.

 

You can do it that way if you like. Easier to do it the other way. I just look at Ebay and bullion sites to figure out if I am getting a good deal or not.

 

I offer 80-90% of BV.

 

As I type silver is at $17.72. Was thinking of selling some of my 90. What's a good price I should shoot for?