25 SILVER TREASURE COINS OF THE CARIBBEAN

[NHsorter]

I found a guy locally that is selling the following for 500 bucks:

25 SILVER TREASURE COINS OF THE CARIBBEAN UNCIRCULATED... This set is distributed by the Franklin Mint, Each coin weighs about .635 troy.oz Sterling Silver -

It looks to me like about 15 oz of silver. What would you guys pay for this? I just want to make sure that I don't overpay. I hope to be able to trade it for something more "Mainstream" (90% or eagles) in the future as this is not something that I really want to keep. What would your typical coin shop give you for something like this?

Any help is greatly appreciated. I'm off to fire up the Ryedale.....

[Somnophore]

Offer spot minus 10-15%

[Country]

These are nice coins from the British Virgin Islands in 1985. Each coin is Sterling SILVER and cointains .5974 ASW. The full set of 25 coins will contain 14.935 ASW, $543.63 at $36.40 SILVER spot. They come in blue presentation boxes w/COLA. The initial distribution of the first 25 set was an 11 coins set. Each coin originally was in a separate dark brown Franklin Mint cardboard packaging with the coin in the center enclosed in plastic. Some of these sets have been handled and may have fingerprints, other sets come in the original Franklin Mint packaging.

Depending on condition, they might be a good buy. But, they are foreign SILVER and dealers will only buy these at discount. Resale on EBAY faces some competition. So, it depends on whether you are putting them away or looking for a quick profit. It might be wise to haggle on the price. Regardless, they are beautiful coins and they are all Sterling proofs commemorating the history of BVI.

[CardsNCoins]

Sold recently on eBay for under $400 delivered.

http://cgi.ebay.com/Coins-Caribbean-Vintage-1985-/220798841084?pt=LH_DefaultDomain_0&hash=item3368a2f0fc

[Country]

That was a good snipe. These sets sell for $450 to $550. At $600, they don't sell on EBAY.

If you can get this set for $450 or less, IMO it would be a good deal. Haggle with the guy selling the set.

[NHsorter]

You guys are the best! I feel like I should be paying for this info. Thank you.