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90% Slicks

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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90% Slicks

Postby IdahoCopper » Thu Feb 27, 2014 3:42 pm

When you come across 90% coin that is slick, bent, holed or ugly, do you sell/buy it at below spot/melt?
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Re: 90% Slicks

Postby Sanford02 » Thu Feb 27, 2014 3:46 pm

I send them to scrapman for .999 rounds....so yes, I suppose technically that would be under spot, but I think its a great deal.
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Re: 90% Slicks

Postby Engineer » Thu Feb 27, 2014 4:14 pm

I typically sell it to one of the big pm vendors. Whether they pay above or below spot depends on current premiums.
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