What should i pay for circulated American Silver Eagles

[chris819]

Hi I was wondering how much over spot is a good price for circulated American Silver Eagles. Thanks

[CLINT-THE-GREAT]

how bad are they circulated? not counting shipping... you can catch BU ASEs here on RC from some of the guys for spot + $2-4. I have bought and sold some non BU/circulated ASE for as low as right at spot to + $2

-The Great

[thedrifter]

Spot right now is $20.15. Merit is selling ASEs for $22.95. Of course a $1500 min order is required. I would say $2-$4 over spot shipped is a good price.

[scyther]

At least $5 over spot. Circulated silver eagles are rare.

[beauanderos]

At least $5 over spot. Circulated silver eagles are rare.

I have several tubes of BU ASE's. I'll sell you as many of them as you want at $5 apiece above spot after I put fingerprints on each of them. PM me for further details. Free shipping

[pennypicker]

As a reference my local coin shop sells uncirculated ASE's for $4 over spot and circulated ASE's for $2 over spot. If the ASE's are really poor looking they just throw them in their junk silver bowl at $1.75 over spot. There's no sales tax here in Oregon so they're are a good buy no matter what the condition. Just another reason why I love Oregon (except for the rain)

[chris819]

Thanks I am going 2 try and couple coin stores near me and see what they have.

[scyther]

At least $5 over spot. Circulated silver eagles are rare.

I have several tubes of BU ASE's. I'll sell you as many of them as you want at $5 apiece above spot after I put fingerprints on each of them. PM me for further details. Free shipping

Nah, they'd need to be lightly worn with good eye appeal. AU 55 at least. Finger prints is a deal breaker... sorry.

[IdahoCopper]

So when selling a monster box of uncirculated ASEs, one should ask/get $4x500 over spot. $2,000 over spot for the entire Box?

[beauanderos]

So when selling a monster box of uncirculated ASEs, one should ask/get $4x500 over spot. $2,000 over spot for the entire Box?

you can ask all day long... doesn't mean you gonna git! kinda like marriage?

[68Camaro]

So when selling a monster box of uncirculated ASEs, one should ask/get $4x500 over spot. $2,000 over spot for the entire Box?

Net meat yield on a 1200 lb feeder cow at 40% yield and $1.43/lb is $3.58/lb. Grocery average beef price is $5.03/lb. So there is such a thing as a volume discount (or conversely) a small unit premium.

[chris819]

I just bought 2 American Silver Eagles today at my local coin shop for $55 for two. They are both 2009. Also I asked for prices on other coins they said Morgan/Peace dollars for cures $24, 40% for $5 and the other 90% coins $1 face for $17

[AdamsSamoa]

So when selling a monster box of uncirculated ASEs, one should ask/get $4x500 over spot. $2,000 over spot for the entire Box?

Yes... and probrably get it. But until you sell 500 coins, you have 12 grand tied up in inventory.

[hobo finds]

So when selling a monster box of uncirculated ASEs, one should ask/get $4x500 over spot. $2,000 over spot for the entire Box?

Yes... and probrably get it. But until you sell 500 coins, you have 12 grand tied up in inventory.

http://www.ebay.com/itm/2012-American-S ... _532wt_950

[baggerman]

I paid $21.50 each for two lightly circulated ASEs today at my LCS.

[AdamsSamoa]

14 grand then.... still you can get 4 over spot for them. that is what my one and only LCS here charges.... I buy one from him when on that side of town.

[smackvay]

I sold 60 yesterday for $22.75 each if that helps you out on your math
if you guys watch the section on bullion on here you can save a TON of money rather than paying big money at your lcs's
It might not be specifically what you are looking for on that day but cheap silver/gold is cheap silver/gold.
Without the aid of this site, the information free for the taking, and the GREAT membership of people here I wouldn't know half of what I do.

[AdamsSamoa]

I understand on this forum... but you will still be able to get 4 or more over spot for an ASE else where. All I am saying.

[dae2dae]

I understand on this forum... but you will still be able to get 4 or more over spot for an ASE else where. All I am saying.

I do not know of any LCS that will buy SAE's at spot +4

[AdamsSamoa]

I guess what I am trying to say is for a brand new ASE..... you pay spot plus the Mint's two dollar premium... plus the dealer that can buy them from the mint gets their cut.... shipping,.... spot plus four seems right to me. Heck... i do not know how the LCS can pay the rent.

J

[AdamsSamoa]

I have not sold here, my last location, LCS bought for $1.00 Over... I thought that was good