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Silver In Circulation

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/29/2011  12:23 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:

I'd love to know whos paying $11 per quarter as well, i'd be buying them up like crazy and dumping them there all day lol


Exactly. As a dealer, listening is learning, and learning something like that info (which 99.99% doesn't exist) would be most valuable. I enjoy teaching others, but don't enjoy having my chain yanked by someone who obviously is clewless.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/29/2011  12:48 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
At 28 times face, it goes for....around....$6.80. So the value was exaggerated. So what? The sentiment still stands. It WAS worth more than face value. Much more.
28 times, $7, is possible. Had he mentioned that, conversation would continue. When he tells me he got 44 times, that's a whole different deal.

Quote:
Slamming him like that makes it sound like he is moron and totally wrong. When in fact it was an exaggeration.

10% is an exaggeration, his statement sound more like a lie.

I did not slam him in person, I only asked who the buyer was. Suddenly, his memory of what never happened, failed.
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 07/29/2011  12:51 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Just for the record, how many 90% silver quarters does it take to make an oz.?
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/29/2011  12:58 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
He might in fact have been just miss-informed. Now that I think about it, there is a public perception that a Morgan/Peace dollar is an ounce of silver. And a Quarter IS worth 25 percent of the Morgan...so at $40/ounce Silver..the Pubic might well believe that a quarter was worth around $10.


There's a big difference between "this quarter is worth around $10" and "I got $11 apiece for quarters when I sold them in Columbus a couple weeks ago".
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/29/2011  01:14 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Just for the record, how many 90% silver quarters does it take to make an oz.?

At .1808 each, 5.531
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