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Pawn Shop ASEs...the Follow Up

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Author Previous TopicReplies: 22 / Views: 3,298Next Topic Page 2 of 2
Valued Member
United States
109 Posts
 Posted 10/11/2011  8:44 pm  Show Profile   Bookmark this reply Add silverguy to your friends list
At melt? Yes! Buy them. If a quick dip cleans them up, or not, it's all good. You will get spot for them at anytime.
Valued Member
United States
493 Posts
 Posted 10/11/2011  9:15 pm  Show Profile   Bookmark this reply Add everything to your friends list
It would not hurt to start a tube of junky ASE's, seems they are the only ones you can get a really good deal on, buyers on ebay snap them up like candy.
Pillar of the Community
United States
1903 Posts
 Posted 10/11/2011  9:25 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list
My hesitation was twofold. One....does a poor physial condition make them hard to resell and two.....even at spot is $32 a good price for silver in general, as in, do we think we are at a silver price that is at a "buy, hold, or sell" right now?
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 Posted 10/11/2011  9:26 pm  Show Profile   Bookmark this reply Add hesgut to your friends list
How could you not want to buy ASEs at melt, at a time when silver is kind of low and likely to go up. People buy worn out War Nickels for melt. Unless the ASEs looked like they had a disease on them, you could probably turn them right now for melt plus a bit. ASEs are probably the silver buyer's best friend. Getting them at $32 melt is a steal.
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 Posted 10/11/2011  11:03 pm  Show Profile   Bookmark this reply Add okiepb to your friends list
I agree with the rest of the comments - I'd snap them up at melt regardless of condition.

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 Posted 10/12/2011  03:17 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list
Unholly,

You could sell those here for melt, sight unseen, any day of the week (with the prerequisite number of posts, of course).

I'd buy them if I were you.
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United States
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 Posted 10/12/2011  04:20 am  Show Profile   Bookmark this reply Add Ricardocody to your friends list
At melt you would pay what they realy worth ! I dont agree at all in pay more then melt for any date silver eagle dont matter the condition but its just me who thinks ASE is just a bullion silver nothing else !.
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 Posted 10/12/2011  08:49 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
ASE's at melt (or very near melt) are a buy..

As was already said, if you want them all spiffy then dip them..it won't affect the bullion price..

Three ASE's do not make a retirement investment purchase so worrying about spot silver price movement is a tad extreme

p.s. they will cost you closer to $33 today
Edited by Foxwoods Man
10/12/2011 08:51 am
Rest in Peace
United States
9104 Posts
 Posted 10/12/2011  10:57 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:

How or why would you ever expect to pay less than melt for an ASE in any retail store?


My thoughts exactly. If a retail seller can't sell stuff for its scrap value, why have the overhead of a storefront?
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3294 Posts
 Posted 10/12/2011  11:09 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
Well as for how, I could see a seller who is lax at keeping up with the silver melt price. As for why, good advertizing. Granted neither of these are a great idea to do all the time, long term, but if by selling some cheap silver eagles you might buy something with a higher profit margin later. And for all you know, being a pawn shop, he might have got those ASE coins for $15 each.
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 Posted 10/12/2011  12:21 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list
Buy them up. Even scruffy or less than perfect ASE's still sell for spot plus $2 here. Good ASE's sell for spot + $5 and up here so I would buy these all day long at melt.
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United States
1903 Posts
 Posted 10/12/2011  4:38 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list
Well here is my followup. Went back there today and much to my dismay the three they had were sold, but..........
Lo and behold they had some new stuff.
Here is what I got for $315... I am excited
Two 1992 Silver Proof Sets
One 1987 ASE tarnished but OK
Four 1994 ASEs three of which are tarnished, one in an airtite and nice
One 1996 ASE nice and in an airtite
One 1997 ASE nice in airtite
One 2001 ASE in airtite as well
I am all smiles
Edited by unholyroller
10/12/2011 6:43 pm
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968 Posts
 Posted 10/12/2011  4:51 pm  Show Profile   Bookmark this reply Add Saruma to your friends list
I can't imagine a dealer selling for less than melt. Why would he? A big old lumpy hunk of silver would be worth melt, so why wouldn't a coin? Anyway, you got a good deal.
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United States
526 Posts
 Posted 10/14/2011  11:57 am  Show Profile   Bookmark this reply Add Freedom to your friends list

Quote:
Well here is my followup. Went back there today and much to my dismay the three they had were sold, but..........
Lo and behold they had some new stuff.
Here is what I got for $315... I am excited
Two 1992 Silver Proof Sets
One 1987 ASE tarnished but OK
Four 1994 ASEs three of which are tarnished, one in an airtite and nice
One 1996 ASE nice and in an airtite
One 1997 ASE nice in airtite
One 2001 ASE in airtite as well


The 1996 is a key date for the ASE's, great buy at that
price. Keep it in the airtite.


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United States
6326 Posts
 Posted 10/14/2011  12:03 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list

Quote:
The 1996 is a key date for the ASE's

And of course the 2006 Reverse Proof is a key in the series too ! .....
(wish I had one ! .... )

And I hope with the new ASE "Set" coming out......that there's a "key date" in the future here too ! ...
Maybe the "S" mint 2011 ?
Maybe the "Reverse Proof" 2011 ?

Hmmmm.....we shall see.
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