Today I ventured to my local weekend flea market here in Victorville, Ca. after a two year absence. It's a very large flea market with over 200 vendors. I strolled up to a table where a person was selling mostly silver bullion along with some better grade Morgans in a binder. When I approached the table I saw several people around the two tables and one buyer was creating a pile of Franklins. The sign on the box of Franklins said $10 each. The box of quarters & dimes were also 20x. I stood there and couldn't believe someone was paying $10 each for junk Franklins. Another person was buying average circulated peace dollars for $27
After this guy bought 50 or so Franklins I asked the dealer was it common for him to get 20x on 90% and he said yes because the local coin shop charges 20x plus 9.75% tax and buyers are happy to pay him 20x and not have to pay sales tax. He added that the local coin shop also charged $30 for their average circulated Peace dollars so his buyers were glad to get them for $27 with no tax.