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Replies: 22 / Views: 3,298 |
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Valued Member
United States
109 Posts |
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.
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Valued Member
United States
493 Posts |
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.
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Pillar of the Community
 United States
1903 Posts |
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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Pillar of the Community
1028 Posts |
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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Pillar of the Community
United States
1213 Posts |
I agree with the rest of the comments - I'd snap them up at melt regardless of condition.
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Pillar of the Community
United States
1150 Posts |
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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Pillar of the Community
United States
1204 Posts |
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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Pillar of the Community
United States
4901 Posts |
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
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Rest in Peace
United States
9104 Posts |
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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Pillar of the Community
United States
3294 Posts |
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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Pillar of the Community
United States
2049 Posts |
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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Pillar of the Community
 United States
1903 Posts |
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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Pillar of the Community
United States
968 Posts |
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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Pillar of the Community
United States
526 Posts |
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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Pillar of the Community
United States
6326 Posts |
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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Replies: 22 / Views: 3,298 |
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