Today's Flea Market Finds

[appjoe]

Today's flea market finds

6 War nickels paid $1.00 ea. (melt $1.73 ea.)
2 Barber dimes 1900, 1907 O, paid $2.25 ea. a little better than a G grade (melt $2.23 ea.)
1 Barber quarter 1898 paid $4.50 about a G grade (melt $5.59)
3 Barber halves 1912, 1912 D, 1915 D, paid $10.00 ea. a little better than a G grade (melt $11.18 ea. )
2 Morgan Dollars 1882, 1887, paid $23.00 ea. EF+ grade on ea. (melt $23.90 )
Total paid $91.00 (Melt value $101.77 )

I think I did alright because of the collectablity not just the melt value.

[mr18]

wow joe, great find! any silver under melt value is always a bargain.

[ScottyTX]

Decent deal considering the type of 90% you picked up, congrats! I'm seeing an abundant supply of 90% trading for under spot these days. I would say personally if I can pick up 90% at 18-19X I'm doing pretty good. Its hard to find it that low but there seems to be an abundant amount of sellers floating around lately.

[.02FYI]

yes 90 percent at fleamarkets could be sold near 18-19 do to the length of time someone might be holding metal with lower buy in. Also the buyers get it cheaper and will sell for under as well. It doesn't hurt that the 200 mda moving day average of silver is 21.11 ag per oz x.715 = 15.09 200 mda on the .90 pre 65 dimes, quarter, halves. Most of these guys have had this for longer than 200 days . So as the average goes up and this stuff gets processed this could change.