Page 1 of 1
What is your coin shop paying?
Posted:
Tue Apr 05, 2011 4:01 pmby slickeast
I picked up some 40% from a bank teller for 10x face. I can't believe I payed that for 40%. Doesn't seem that long ago 90% was that cheap.
I called the closest coin shop and asked what they are paying for 40%.
7.5x face for 40%.... Wow, melt is 11.8x
So my question is, what is your coin shop paying?
Re: What is your coin shop paying?
Posted:
Tue Apr 05, 2011 4:04 pmby slickeast
If you are wondering why I didn't offer less. She orders halves for me loose. I have found a large number of silver in these bags. Gotta grease the wheel.
Re: What is your coin shop paying?
Posted:
Tue Apr 05, 2011 4:09 pmby jasmatk
not sure what they are offering for 40% by me.I plan on making a couple buys this week Ill ask what they are paying.
Re: What is your coin shop paying?
Posted:
Tue Apr 05, 2011 4:28 pmby Morsecode
I just got back from my usual metal emporium, you should've seen that place. It looked like MacDonalds at lunchtime. He's gonna need a deli counter ticket dispenser when silver hits $50.
He paid 27.00 ea. for six mixed morgan/peace and sold me three of them at 33.00 sixty seconds later.
ps...I stopped at the gun shop before going to the coin joint and there was more talk about pm's than firearms.
Re: What is your coin shop paying?
Posted:
Wed Apr 06, 2011 11:51 amby Know Common Cents
US 90% being bought at $25.32 in quantity greater than $100 face. For a smaller amount it's $24.00 per $1 face.
Re: What is your coin shop paying?
Posted:
Wed Apr 06, 2011 1:39 pmby panther
they're paying 26.08 -27.27 depending on quantity, and selling for 29.17-28.18 depending on quantity for 90%
for eagles, selling at 42.92 and buying at 40.72
small spread; they do a lot of volume.
Re: What is your coin shop paying?
Posted:
Wed Apr 06, 2011 2:22 pmby marine70
My local coin shop is paying $4.00 locally, however I live 120 miles from St Louis missouri coins pays $5.00.
Re: What is your coin shop paying?
Posted:
Wed Apr 06, 2011 7:32 pmby BamaJoe
Apmex is paying $5.52 each at the moment. You do have to sell at least 1k worth.
Re: What is your coin shop paying?
Posted:
Wed Apr 06, 2011 8:41 pmby StoreOfValue
My shop is paying $4.75 for 40% halves as of yesterday. The other shop (which I won't frequent unless desperate) won't even touch 40%. $26-$27 for Peace and Morgans.
Re: What is your coin shop paying?
Posted:
Wed Apr 06, 2011 10:03 pmby geewhzz
my shop pays 10.75 as of today, i have a really good shop though
Re: What is your coin shop paying?
Posted:
Fri Apr 08, 2011 7:12 amby zerocd
BamaJoe wrote:Apmex is paying $5.52 each at the moment. You do have to sell at least 1k worth.
That's a good price.
I have over 300toz of the nasty 40%ers that I found and have given it thought.
I am pretty sure I can sell them for spot locally and will probably just keep them. Not much of a seller.
Many are AU/BU and I should sort by date and pull them before selling if I ever do.
I would have to remember which wall I put them in.....
Silver is for hoarding!
0CD