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What to do with SLQ's
Posted:
Wed Oct 12, 2011 12:00 amby BOHICA
So... Today I received the junk silver that I bought last month on the dip ($120 FV). Wound up getting all quarters and $57.50 are Standing Liberty's. Most are dayeless slicks however, 22 are in Good to Fine condition and a few are better dates. Out of all the ones I have most are type II's and only 10 are type I's (all dateless slicks).
My question is should I try to feebay the nicer ones to make FRNs to buy more or just throw them in with the rest of my junk silver? I stack only as a hedge against the dollar tanking so I have no interest in numis.
Here are the dates and MM of the nicer ones:
(All of these are type II with the 3 stars below the Eagle)
1917D VG
1917S Fine
1918 GD
1920 GD
1925 VG
3x 1926 VG
1926D GD
1926S VG
1927 GD
1927D GD
1927S GD
1928 VG
1928D GD
1928S AG
2x 1929 Fine
1929D GD
1929S VG
1930 Fine
1930S VG
I'll see if I can get some decent pictures tomorrow and upload them. Thanks!
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 8:31 amby NHsorter
Take a picture of a few stacks of all the quarters and put the nicer ones on the top of the stack so it looks like you have a bunch of SLQ's, then list it on eBay.
I'm kidding. It just seems like that is the kind of crap that a lot of sellers are pulling on there now.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 10:39 amby alpacafarmer
You may want to put the pre 1925's on the auction site here. Start them where you are good and see where they go. No fee's, keep them in the family and you may be suprised how much they bring. I don't see you netting out less on here than ebay. Good luck.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 12:52 pmby BOHICA
Here are the pictures of the coins.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 12:53 pmby BOHICA
The reverse of the 1917, 1918 & 1920 coins.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 12:56 pmby NHsorter
alpacafarmer wrote:You may want to put the pre 1925's on the auction site here. Start them where you are good and see where they go. No fee's, keep them in the family and you may be suprised how much they bring. I don't see you netting out less on here than ebay. Good luck.
I second that. I would put a bid in on these if you listed them. They would be fun to have.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 2:02 pmby neilgin1
Bo, forgive my seeming nosiness, but you're saying that out of the 120FV, you got 57.50FV in SLQ's and of those SLQ's, only 5.50FV have dates?...oh boy, you're a saint, nicer than i am, coz if somebody sent me over 200 slicks, i'd be prepping to take a road trip with a chainsaw, a sidearm, an ice pick, a shovel and three 50# bags of lime, unless of course i knew beforehand i was paying for slicks, clods, whatever we want to call them. ...and i'm not a nusimatic type, i just hate slicks, only got 5, which happen to be SLQ's but the seller threw them in extra. But when i saw them FIRST, my BP started to get active....lol....."a chainsaw"...seriously though, so the others were Washington's? the 62.50FV?...did they lay slick's on you there, too?
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 2:47 pmby 68Camaro
I learned - a bit by the hard way, but not too painful - that everything dated before the mid-50s needs to be bought by weight, unless it's claimed to be AU or better. I kept all the "better" SLQs I acquired that had unique dates/MMs, but everything else I sent off to be melted and traded up to full-weight coins.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 3:42 pmby beauanderos
You should at least hang onto the ones with dates, even though those are like 6 - 7% "light" if you weigh them on a gram scale. Without going to all that trouble, if you want to swap the $52 face of slicks with me, I would value them at 21X and eat the difference if they were lighter than that, and could swap you 1/10 oz gold for that. Six Daniel Carr Chiefs and we each pay our own shipping. If you're interested, I'd probably feel more comfortable if you shipped first. Check my feedback, I've done business with just about everyone here. You could weigh them individually and try and sell them, but then if you go to cash you've lost against the price rise since the dip and have to hope to find better coins at a good price to buy back in. Trading metals avoids that for both parties. What's in it for me, you ask? I can sell them back to APMEX for face value, but they'll only take lots bigger than $500 face, which I've already passed, but am waiting for another price spike near $50 before I sell. LMK if you're interested, Ray
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 4:38 pmby Aqualung48
"I would value them at 21X and eat the difference if they were lighter than that, and could swap you 1/10 oz gold for that."
I would trade 1/10 oz gold for 52 face of slick quarters any day of the week and twice on Sunday.
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 4:45 pmby Rodebaugh
beauanderos wrote:You should at least hang onto the ones with dates, even though those are like 6 - 7% "light" if you weigh them on a gram scale. Without going to all that trouble, if you want to swap the $52 face of slicks with me, I would value them at 21X and eat the difference if they were lighter than that, and could swap you 1/10 oz gold for that. Six Daniel Carr Chiefs and we each pay our own shipping. If you're interested, I'd probably feel more comfortable if you shipped first. Check my feedback, I've done business with just about everyone here. You could weigh them individually and try and sell them, but then if you go to cash you've lost against the price rise since the dip and have to hope to find better coins at a good price to buy back in. Trading metals avoids that for both parties. What's in it for me, you ask? I can sell them back to APMEX for face value, but they'll only take lots bigger than $500 face, which I've already passed, but am waiting for another price spike near $50 before I sell. LMK if you're interested, Ray
Re: What to do with SLQ's
Posted:
Wed Oct 12, 2011 5:24 pmby agmoose
If you are interested in moving the dateless Type 1's - I'd be willing to make a deal. I'm trying to finish a roll of these. Pls PM me.
Keith