A Story from a Pawn Dealer
Posted: Tue Jun 13, 2023 10:21 pm
I was at the bank getting half dollars and the guy in the next line told me he had a BUNCH of them about three months ago, but sold them quickly.
He said he had over 2,000 halves and all were 1964 and earlier. He says he paid $4-5 each for them and promptly sold the lot for $10-11 each. Assuming a profit of $6 per coin (average), that’s a profit of about $12k. And then he told me he got them from a sister pawn shop as they didn’t know what to do with them!
I’m STILL DROOLING!
He said he had over 2,000 halves and all were 1964 and earlier. He says he paid $4-5 each for them and promptly sold the lot for $10-11 each. Assuming a profit of $6 per coin (average), that’s a profit of about $12k. And then he told me he got them from a sister pawn shop as they didn’t know what to do with them!
I’m STILL DROOLING!