Pawn Shop Deal (Steal)

[m21221]

So I've been bugging the local pawn shop to sell me their 90% silver when they get it and they always take my number and say they will call. They continually tell me they don't get much and always send it in to the scrapper for melting. I went in yesterday (5th time the last several months) and the manager takes my number again and I'm sure he tosses it after I leave. Wrong, I get a call today and he tells me he just got some quarters and dimes in and it will cost me $210. I don't want to press him on the face value and decide I'll go take look. I get there and total up the face and it's an even $11.00! Not only that but there are 37 Mercury dimes many of which look AU. I hand over the $210 fiat and walk out with 7.95 ounces of silver (that's $26.41 an ounce). BTW I asked him how he figured out the price and he tells me it's a formula that corporate uses. Moral of the story...persistence persistence persistence.

[barrytrot]

Other moral: Even ma and pa "pawn shops" are now run by large corporations.

[JadeDragon]

Another moral: selling your silver to a pawn shop will result in being ripped off. Amazing.

[m21221]

Agree & agree...learn to play their game and profit. Bottom line for me is to have my hands in as many pots as possible. Sorting copper from the bank, pawn shops, craigslist, ebay etc. I go through long dry spells as far killer deals in one or more of the a for mentioned but never all of them. Cheers!