silverflake wrote:I always read here how some of you guys end up finding really good deals at LCS or flea markets, etc. I never, and I mean NEVER come across these deals. I end up scraping together my savings over months and buying on line (APMEX or Provident Metals). But even the best deals with them are over spot, and I pay shipping/handling/insurance and have to wait for my merchandise.
I have one coin shop around here. Guy carries a good assortment. But always sky high on prices (wanted $40 for 2013 SAE's recently...). But, what can I do. It helps having the belief that silver is going to go up to prices where $40 will seem cheap some day.
So, today, I have a little money in my pocket and I figure, I need to get some silver. I finished my errands and stopped at the aforementioned coin shop. I just had myself convinced to bite the bullet and lay down whatever he asks in order to get some silver (I was looking for maybe 3-4 SAE's thinking $40/each). Well, store was closed. Interesting. So I head to the post-office. I do my thing there, but fairly close to the post office is a new pawn shop. Been there maybe 3 months. Sign out front says "We buy gold and silver." I figure if they buy it, maybe they sell it. Still with the cash in my pocket, I stop in, walk up to the glass case and voila - right in the center case in the middle is an eclectic assortment of silver coins. Some merc's, silver quarters, plastic bags of half dollars and a half dozen silver eagles (one is B.U., the rest are close but I can see dings on them and a little tarnish). I point out the 3 best SAE's and the guy there (very nice and helpful, by the way) pulls them out and I ask how much he wants. He tells me to hang on and goes over to his computer. Checks out his info, comes back and says "$32 each". This was at 12 noon. Silver was at about $31/ounce when I had left my house earlier. Before I mess this up I say, "I'll take them". Three silver eagles at a dollar over spot! OK, I didn't win the lottery but - good deal, none-the-less.
I ended up getting 5 Franklin Half Dollars for $56 too- not a bad deal either. He told me to come back soon, he has a lot more stuff to put out! Oh yes, I'll be back!
Keep stacking gang!
silverflake wrote:Couldn't resist, scraped together what I could find in cash and re-visited. Got a 1996 B.U. SAE for $37 and 10 Franklin half dollars for $110. Not too bad. I am happy!
Keep stacking!
Rastatodd wrote:I am like you. I never get a deal, a deal so big as to be mentioned on Realcent. But this is how close I got to a deal. Was on eBay, going through the listings of poured silver bars. Came across a 3 oz. JMC poured silver bar at $122 with a $5 shipping. Did a advance search on closed auctions for the same bar lowest sold price was $199 . With five minutes left in the auction dropped a bid of $127.50, three minutes left added a bump to $135. 11 seconds left and what happens but the unthinkable outbid. Broken hearted I did nothing but sulk the rest of the day. In hind site should have done a bump to $150. On your ASE at $32, I'd say you, scored. Congrats.
silverflake wrote:Couldn't resist, scraped together what I could find in cash and re-visited. Got a 1996 B.U. SAE for $37 and 10 Franklin half dollars for $110. Not too bad. I am happy!
Keep stacking!
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