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 Replies: 20 / Views: 2,941 |
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Moderator
 United States
56855 Posts |
Selling silver right now you should get 10-12x face. Are there any errors or varieties in what you want to sell? John1  |
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Valued Member
 United States
321 Posts |
nah there aren't any varieties.
if someone says "Ill buy them at melt" should I use the most up to the minute current value or the close of the day before. which, in this case, will be today's close.
Edited by mattbrowning7
04/09/2010 1:28 pm
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Pillar of the Community
Canada
3692 Posts |
Lol, a "loop"...:P it's "loupe"..
My advise would be to shop around before purchasing. You might get better deals if you buy a lot from one dealer, might not. Sometimes you'll see different silver prices within the same room, so look around.
I don't know about selling to random people. Dealers will pay a fee to set up their tables. But I've seen people trying to sell slabs to dealers. They get a lot of their stock from shows but I wouldn't expect anything large to pop out of their wallets.
Edited by Libertad
04/09/2010 3:18 pm
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Valued Member
United States
407 Posts |
Quote:
Lol, a "loop"...:P it's "loupe"..
I saw that too but didn't say anything. On the other hand... Quote:
My advise would be to shop around before purchasing. Lol, "My Advise...:P it's "My advice".. Sorry, couldn't help myself this time!  Steve |
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Pillar of the Community
Canada
3692 Posts |
Alright, then I change it to, "I advise you to shop around before purchasing." :D
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Valued Member
United States
407 Posts |
That would be correct. But make sure you type it big so I don't have to get out my loop to read it!
Steve
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Valued Member
United States
321 Posts |
Haha and thanks for the grammar and spelling.
Any other advice and tips?
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Pillar of the Community
United States
1523 Posts |
Sorry.Spell check here doesn't differentiate between loop and loupe.Ha.
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Pillar of the Community
Canada
1733 Posts |
I usually go to a coin show with two "segments" of cash. The first is for things I'm definitely looking for, have researched and I'm prepared to buy then and there. That's my shopping list.
My second segment of cash is "mad money"... "Hey that's really nice/weird/unusual/pretty and I want it". This segment of money is usually a lot less than my shopping list money. I try to keep it to 100 bucks and by letting the impulse buying out with a restriction like that I've saved myself a lot by not making purchases I hadn't done my homework on.
There is a final category for high value items. I'm interested, make notes and take a pic of the item and then go do my homework and follow up via phone/email later if I'm interested after I've done some research or fact checking.
Not casting any dispersions on dealers whatsoever but they are retailers and their job is get my money in exchange for their merchandise. I just make sure it's the merchandise I want at the price I'm willing to pay by being prepared ahead of time.
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New Member
United States
39 Posts |
When I go to coin shows I try to bargain with the coin dealers for better prices.
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Pillar of the Community
Canada
3692 Posts |
Homework is important. The coins that often dissapointed me most were the ones bought on impulse that I knew nothing to little about.
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Rest in Peace
United States
2668 Posts |
The advise in this thread just loops and makes no cents.
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Pillar of the Community
United States
613 Posts |
If you see a coin your interested in make sure there is good lighting. I say this from experience. In a coin show that I attended, a dealer was set up in an off-set area in the wall. It wasn't lit the best and there was alot of shadowing. When I got home with my 1924-D VF wheatie I was angry at myself. Someone had taken a pin or needle and went around Lincoln's portrait. It was faint, but it was there.Like they say," live and learn ".
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Valued Member
United States
321 Posts |
So the show was Saturday and I had a really good time! I sold some silver for $129 and picked up (unfortunately all raw) a few coins for my 1854 year set. 10c.-F, 5c.-VF, 1c.-VG, 25c.-F. I also got, in XF, all 3 1883 Liberty nickels. (cents, no cents, racketeer). I picked up a bausch and lomb "3 in 1" loupe and I was considering a 1875 25c. ICG AU-50 beautifully rainbow toned for $165 but turned it down. Regretting it now. Thanks for the "advise" guys. I learned a lot while I was there too. Razorear- I regret the 1c. piece because of bad lighting. Couldn't see it at the show, but when I got home, I found faint PVC damage  . *****I think what I've learned most of all is that I should just save my money and buy nicer QUALITY samples, with quality certification, instead of QUANTITY mid grade raw where there is room for subjective mistakes. Edited by mattbrowning7
04/12/2010 12:30 pm
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Pillar of the Community
United States
2150 Posts |
Quote:
*****I think what I've learned most of all is that I should just save my money and buy nicer QUALITY samples, with quality certification, instead of QUANTITY mid grade raw where there is room for subjective mistakes.
A good idea, though, if you are putting pieces into your collection that your gonna enjoy and are having fun in the process, that's all that counts. |
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Replies: 20 / Views: 2,941 |
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First Page
Posted 04/09/2010 1:11 pm
