| Author |
 Replies: 842 / Views: 96,337 |
|
|
|
Pillar of the Community
United States
2637 Posts |
Buying at 17x, selling at 23x.
|
|
Valued Member
United States
397 Posts |
Has it hit 14x yet? One can hope ...
|
|
Pillar of the Community
United States
843 Posts |
Report from the Dedham Mass monthly coin show today. My first time here. Small show, at least 10 stamp dealers, a couple banknote dealers, and 8 coin dealers. I asked 3 coin dealers how much they pay for 90%...
One dealer said he isn't buying now (even though he had a sign on the table offering to buy)
Another dealer was looking only for half dollars and dollars. He offered 12X on those
Another dealer said he just sold 2300 face to a wholesaler at 15X to raise money for some show he was going to. He offered 15X for my silver (I declined).
This last dealer also said that he thinks spot will drop to $18 this summer before jumping in the autumn (election year jitters?).
None of the dealers were selling bulk silver so I can't say what sale prices were.
Edited by jeffbuckes
02/04/2024 3:24 pm
|
|
Pillar of the Community
United States
2250 Posts |
Thanks jeffbuckes for the report. If silver dropped to $18 oz I'd be buying a bunch assuming premiums would not spike up. 12x offer for halves and dollars is way too low. Today on ebay auction I got 40 1964 quarters at $18.85 face, includes shipping, full dates, light wear. Monument Metals has circulated quarters for $18.16 (check or wire). Edited by livingwater
02/04/2024 7:05 pm
|
|
Pillar of the Community
United States
676 Posts |
|
|
Moderator
 United States
189767 Posts |
Quote:
Got these four morgans at my LCS at $25 each. Very nice!  Quote:
I decided to start a lowball Morgan album, but they need more wear first! Fun idea! Good luck and share your progress with us.  |
|
Pillar of the Community
United States
676 Posts |
Will do Jbuck, I will start a thread after I get the other album and a few more coins for it.  Sorry for hijacking this thread. |
|
Moderator
United States
189767 Posts |
Quote:
Will do Jbuck, I will start a thread after I get the other album and a few more coins for it. Quote:
Sorry for hijacking this thread. No problem. |
|
Pillar of the Community
United States
2049 Posts |
Coin show last weekend had 18x but only if you bought full rolls. Otherwise it was 18.5x to 20x.
|
|
Pillar of the Community
United Kingdom
2135 Posts |
What is a "full roll"?
Are USA coins rolled in standard quantities?
What are they?
|
|
Pillar of the Community
United States
676 Posts |
The number of coins in a full roll of each denomination: Large sized dollars (Ike's, Morgan, Peace, etc.), 20 coins Small dollars (SBA, Sacagawea, presidential, etc.), 25 coins Half dollars (kennedy, barber, Franklin, etc.), 20 coins. Quarter dollars, 40 coins Dimes, 50 coins Nickels, 40 coins Cents, 50 coins. I hope this makes cents.  Edited by Khromtau
02/21/2024 8:33 pm
|
|
Pillar of the Community
United States
2049 Posts |
Coin show today - one dealer had ample amounts of dimes and quarters at 17.5x and a small amount of halves at 18x. Rest of the dealers were 18.5x, 19x, and one even at 20x for dimes/quarters/64 Kennedies and 21x for Franklins and 22x for Walkers.
|
|
Pillar of the Community
United States
2250 Posts |
17.5x is a good price in my opinion for average circulation wear.
Edited by livingwater
03/10/2024 4:45 pm
|
|
Pillar of the Community
United States
2049 Posts |
Quote:
17.5x is a good price in my opinion for average circulation wear. I agree! Myself and 2 other buyers were buying quite a bit from that dealer. I cleaned out most of the half dollars at 18x, one guy took at bunch of the quarters at 17.5x, and another buyer was in the process of loading up on dimes at 17.5x. Was very pleased with that price. |
|
Pillar of the Community
United Kingdom
2135 Posts |
It's interesting that silver multipliers are going down in USA, whereas in Britain silver multipliers are going up.
I wondering why.
Perhaps so much British silver coinage has been melted that coin dealers are finding it difficult to buy silver coins.
I wonder what the situation is in other countries.
|
| |
Replies: 842 / Views: 96,337 |
First Page
Previous Page
Posted 01/09/2024 11:19 pm
