Interested in trading my 10oz bars for 90% junk, good idea?

[kiwiman]

After several years I'm back! I've went back into lurking for a few years but could use some advice.

I have 4 10oz. bars of silver and I want to sell this and replace it with some more manageable 90% coins. Right now I am looking at this. http://www.ebay.com/itm/ABSOLUTELY-THE- ... 35a46f8210

I know I'll end up with less silver by weight but I do love the numismatic value of the coins too. My question is, am I likely to find someone who wants to trade junk 90% for 10oz. bars straight up? I don't want to use a middle man and sell the 10oz for cash and then buy the 90% because that would get me less. Or does it not make all that big a difference if I trade directly or sell for cash then buy from that eBay auction?

Also, what are the general feelings on that particular auction listing? I don't fall for the "unsearched" thing, (sure its POSSIBLE) but do you guys think that's a good auction if I want silver and some decently old coins?

Thanks,

Kiwiman

[Thogey]

What exactly do you want to trade your bars for?

[kiwiman]

A variety of all denominations of 90% silver coins.

[beauanderos]

how can they guarantee a pre-1904 Morgan dollar... if they don't search the date on that piece? Thus they "insert" that piece into the pile... of probably worn, cull, coins
which they have likely segregated into type and then taken a set percentage of each to add to the pile. Whether they search their coins or not, anyone who sold them
to them to begin with surely did. Don't fall for slick advertising, unless you want slick coins.

[Chaboo]

Offer a trade on here, it happens pretty often.

[blackrabbit]

Yeah, I think you could easily trade your bars here for the 90% and do a lot better than selling them and buying from that e-bay seller. If my qiuick calculations are correct, the e-bay lot comes out to 95 cents a gram of coin silver. Coinflation shows it to be only 57 cents a gram currently. Good ole beauanderos offers much better deals very often. Put up an ad here, you will do much better.

[Thogey]

A variety of all denominations of 90% silver coins.

I mean what are you offering? ASW for ASW? Or what? What kind of bars are they?

[mishra142]

Yeah do yourself a favor and don't bite on that eBay lot it's super high priced. Check out the buy it now section here or jmbullion

[kiwiman]

A variety of all denominations of 90% silver coins.

I mean what are you offering? ASW for ASW? Or what? What kind of bars are they?

I have four or five 10oz 99.99 pure silver bars to offer.

[bookshelf]

Is there a mint name on the bars or are they fairly generic?

[kiwiman]

Is there a mint name on the bars or are they fairly generic?

I don't have them with me right now but at least one is johnson matthey, they're all stamped and brand named and everything.

[justoneguy]

8 US [av] oz of 90% coins =7.25 troy oz x .9 = about 6.5 oz asw

[carssman]

I wouldnt do it,, back in the day 90% was,,,, Junk,,, Still is IMO. Not sure why its generating so much demand these days. I think it will a Fad that will wear off and pure bullion will be a much better thing to hoard over 'Junk' IMO

Trying to get my post over ten so I can participate in the BST..

[JadeDragon]

I would be up for trading my junk 90% for 10 oz bars straight across ounce for ounce. The 10 oz bars are easier to store compactly for me than coin rolls. Also open to trading for gold, palladium or platinum bars or coins.

I don't think that I will ever need to buy groceries with my silver coins, the stash is more a retirement fund or college fund.