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Junk Silver Prices Thread - Report In Here

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Pillar of the Community
United States
2250 Posts
 Posted 02/23/2022  4:14 pm  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
kaddyshack, I'd love to go through those coins at your LCS. My LCS is 22.88 for dimes, quarters, 23.08 for halves. ASE premiums high. Lowest premium at my LCS are generic bars.
Edited by livingwater
02/23/2022 4:17 pm
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jbuck's Avatar
United States
189935 Posts
 Posted 02/23/2022  5:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
You can spend hours looking through their junk silver trays, prices are always reasonable.
I would love that!
Pillar of the Community
United States
2286 Posts
 Posted 02/24/2022  2:50 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
20x face for constitutional silver at my LCS
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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kaddyshack's Avatar
United States
109 Posts
 Posted 02/25/2022  10:02 am  Show Profile   Bookmark this reply Add kaddyshack to your friends list Get a Link to this Reply
20X face for Mercs at a coin show in VA Beach last week.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 02/26/2022  10:08 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
LCS now up to 22x, but let me cherry pick quarters at 21x because I am a regular buyer.
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NumisEd's Avatar
United States
5192 Posts
 Posted 02/27/2022  9:00 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Sellers at the local coin show wanted 30x face for silver dollars.
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Adam_E's Avatar
United States
4846 Posts
 Posted 02/27/2022  9:23 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
$30ea for dollars seems like a good deal to me, especially pre-21 morgans. Most dollars sell readily around $31-33 each from my experience.
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NumisEd's Avatar
United States
5192 Posts
 Posted 02/27/2022  9:27 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

Quote:
$30ea for dollars seems like a good deal to me


Not a good deal for stacking.
I think I should go visit my LCS again in the coming weeks, see what they have. Haven't been there in a while. Perhaps give myself a birthday gift.
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Arkie's Avatar
United States
2637 Posts
 Posted 02/28/2022  06:05 am  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
LCS buying at 17, selling at 23.
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Arkie's Avatar
United States
2637 Posts
 Posted 03/01/2022  9:22 pm  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
Today, LCS was quoting 22x for dimes, 21x for Walkers, and 20x for quarters and more recent halves.
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luvmyCAM's Avatar
United States
1479 Posts
 Posted 03/03/2022  7:35 pm  Show Profile   Bookmark this reply Add luvmyCAM to your friends list Get a Link to this Reply
My LCS is today at 20× dimes, quarters, half's. You have to go in everyday as he sells it quicker than he can get supplied from walk ins he is paying $17 × face. The big bullion houses want $23.80 for dimes/quarters and $248.00 for a roll of halves! Remember when they were $118.00 with free shipping?
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United States
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 Posted 03/05/2022  4:01 pm  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
Went to annual coin show today in my city. It was fun, but like most everywhere else prices are high. I don't have a lot of 90% junk so bought some. It was high 23x face. But the dealer let me sort through his stock so I picked a lot of nice ones, especially the quarters. I hope the world situation settles down and PM prices drop accordingly. As you all know Gold is really high currently.


Junk-Silver-Prices-Thread---Report-In-Here
Edited by livingwater
03/05/2022 4:08 pm
Pillar of the Community
United States
2286 Posts
 Posted 03/05/2022  11:35 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
22x face at my LCS, prices are going up
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/06/2022  1:43 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
LCS now 22.5x face for dimes and quarters, 23.5x face for halves. Buy price is 15x which seems terrible. I have been a weekly buyer from them until hearing how bad their buy/sell spreads are.
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United States
266 Posts
 Posted 03/07/2022  2:32 pm  Show Profile   Bookmark this reply Add HappyHippo to your friends list Get a Link to this Reply
At $25.71 spot my LCS is at $23.52 x face. I haven't bought junk silver in a long, long time. Maybe some in the beginning of 2020. That is like at least $3.50 over current prices for pure silver rounds and some sovereign silver coins. I've been buying those instead. I have never sold any silver but the insulting thing is what the LCS pays for junk - less than spot. Believe it or not but one guy in the LCS, the owner's 25 year old son, actually told me they charge less than spot because he is comparing the $25.71 spot price to the $23.52 x face. 25.71 > 23.52. What?!!!
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