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ozerman
Valued Member
United States
126 Posts
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Went to my coin dealer today and picked up $600 in 90% silver today for just under spot. When I got home I found that almost a 1/4 of the older coins (Liberty and Franklin halves, Merc dimes and a Barber dime) were in better condition than those in my collection.
It was pretty exciting to see at first until I realized the time and effort it's going to take to swap better coins with collection.
Anyways can't be upset by a turn of good fortune.
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Valued Member
United States
282 Posts |
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Pillar Of The Community
United States
1693 Posts |
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Moderator
United States
3849 Posts |
along the same lines: I won an auction of 10 silver Washington Quarters at melt including shipping. About half were better than what I had, and have been swapped.  |
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Valued Member
United States
126 Posts |
I know what you mean Fuzzy, a ton of the quarters and dimes are also better than what I already have.
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Pillar Of The Community
United States
3169 Posts |
$600 that you paid I'm assuming, and not $600 face value of silver.  43/76 holes filled in my Dansco 7070 (Not Including Gold Page)
Oldest Coins Found in Circulation:
Cent: 1907 Indian (roll)
Nickel: 1916 Buffalo (roll)
Dime: 1926 Mercury (roll)
Quarter: 1964 d Washington (cash register)
Half: 1946 Walking Liberty (bank tray)
Dollar: 1971 Ike (bank tray)
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Valued Member
United States
126 Posts |
$600 paid, face was $25.25 face at spot price of 33.17, so I came out a little under $10.00 ahead
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Moderator
United States
14434 Posts |
any time you get an upgrade in your collection its a good day, when you get it for spot its a great day
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Pillar Of The Community
United States
1158 Posts |
Quote:
I realized the time and effort it's going to take to swap better coins with collection. That should be the fun part.
OPEN 24 HRS (but not in a row)
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Pillar Of The Community
United States
2268 Posts |
That is great to hear. Got any photos to share?  |
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Valued Member
United States
50 Posts |
Upgrades are always a nice part of collecting. Glad yours can be upgraded.
I always like looking through the junk box. one persons junk is anoughters treasure.
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Pillar Of The Community
United States
665 Posts |
Very nice turn on that lot. Surprisingly it's easy to find higher grade coins in these melt lots
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Moderator
United States
17282 Posts |
Nice acquisitions with an added bonus! Jbuck! ... Coin Collector since 1978 ... Learn about my Avatar here!
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Pillar Of The Community
United States
4108 Posts |
Has to be a nice buy when you can upgrade you collection for just melt!
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Valued Member
United States
126 Posts |
No pictures really worth taking. Nothing is in great condition, just better than what I had. The shop I get it from is great. Everything is up to the minute spot price. Even when I grab Silver Eagles they charge spot. I have no idea how they actually turn a profit.
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Pillar Of The Community
Canada
652 Posts |
Congrats on the upgrades and on getting a great deal. The coin dealer I usually go to lets me spend hours sifting through his junk silver and gold coins and once in a while my persistence pays off. I recently picked up an 1843-O large date quarter eagle that's easily worth double the melt price he charged me.
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Posted 03/07/2012 6:11 pm
