25 rolls of BU 1962 dimes

[NHsorter]

I have a guy asking 3500 for the 25 rolls. That is a little over spot right now. Do you guys think it is worth the premium? This is a fairly large purchase for me. I am also nervous that we might be at a high right now. Any input is appreciated. Your opinions are really valuable to me!

[Rodebaugh]

If they are BU....true BU. Yep do it. There are lots of uglys and circs out there.

If the purchase is too big. Sell a few after the buy to make the bite not so harsh. Heck you could even make a little.
Also buy them on close friday. That will give you a couple level spot days to do your selling without hitting refresh on Kitco every ten min.

[neilgin1]

if you got the 35, buy em. in bull markets, thinking can kill you.

[mr18]

it depends what you're into and how liquid the dimes maybe if/when you decide to sell. yes they are BU but that's a lot of dimes. I'd rather drop 3500 on 6 or 7 rolls of morgans/peace dollars. If you're set on the dimes I would probably spend $500 on the dimes and see if the spot price drops ans see if his prices will drop as well.

[NHsorter]

if you got the 35, buy em. in bull markets, thinking can kill you.

You got that right! I did not wait very long to get back to him, but by the time that I did, he had already sold 10 rolls. The good news is that he is gonna lock the price in on the 15 that are left and deliver them to me tomorrow morning! Hopefully this mornings price jump will stick and then I'll be getting a pretty sweet deal.

I had a gut feeling last night that we were in for a drop this morning at the open. But I am glad that I was wrong. Thank you all for your input.

[neilgin1]

good deal.....and i dont hafta t'tell you what to do them, or as Gandalf said, "keep it secret, keep it safe".