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Have You Sold Any Silver Lately

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 23 / Views: 4,109Next Topic Page 2 of 2
Valued Member
United States
439 Posts
 Posted 12/07/2010  11:32 am  Show Profile   Bookmark this reply Add monkeyman67 to your friends list
Every two weeks or so I sell all the silver that I find rollsearching. I am now starting to sell the silver that I have saved up. I think it is good to sell when it climbs and then you can reload on pullbacks. Just like stocks. Pigs get slaughtered.
Pillar of the Community
United States
3294 Posts
 Posted 12/07/2010  11:44 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
Pigs, or PIIGS?
Valued Member
United States
64 Posts
 Posted 12/07/2010  1:19 pm  Show Profile   Bookmark this reply Add tennlee to your friends list
I've bought often recently, usually right at spot.
Pillar of the Community
United States
672 Posts
 Posted 12/07/2010  1:35 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list
I sold about 100$ face of 40% for 7X face, and some 90% at 19X
Valued Member
United States
439 Posts
 Posted 12/07/2010  3:30 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list
I am going to sell some after work. 21 40% halves I found and 1 40%.
I have a 104 half in bad shape and I might, might sell that too.
Oh and 2 rolls of quarters.
Valued Member
United States
244 Posts
 Posted 12/07/2010  11:56 pm  Show Profile   Bookmark this reply Add Wei Fun to your friends list
The reputable dealer around here offers $0.50 under melt, and generally sells for $0.50 - $1.00 above. The disreputable one offers around $1.50 under, and sells for about $1.50 over.
Valued Member
United States
439 Posts
 Posted 12/09/2010  1:08 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list
I sold silver on Tues for 19.5x.
Valued Member
United States
341 Posts
 Posted 12/15/2010  09:15 am  Show Profile   Bookmark this reply Add General Tso to your friends list
I tried to sell some canadian quarters the other day. I was offered 11x face. I thought that was low. That was my first time trying to sell anything from my collection.
Pillar of the Community
United States
3294 Posts
 Posted 12/15/2010  12:00 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list
I was offered 6x face from my coin dealer for 80% Canadian. I sold on Craigslist for 16x.
Valued Member
United States
439 Posts
 Posted 12/15/2010  12:06 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list
It sounds like these guys are crooks not dealers. I have not had an issue with a dealer lowballing me for silver. They are generally where I could sell on ebay less the fees and hassle. It is convenient so it is worth some slippage in price.
Pillar of the Community
United States
958 Posts
 Posted 12/15/2010  12:10 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list
When I had alot $30 face
I had a guy come get it at 20x face 25xface for nice morgans
sounded great becuase I though silver might fall plus most of it was junker stuff

but having just a lil right now , he wont to come get it with gas being $3 a gallon
cost him almost $15 in gas to drive to me, and I wont drive to him and waste 15$ to sell 20 bucks in coins

So I just dumped it in the 4/sell forum.
15-16x face for the not so great stuff dimes quarters
18 X face for the nicer stuff

common morgans and peace seem to bring spot or close , and a lil more then spot for decent ones
Valued Member
United States
397 Posts
 Posted 12/15/2010  12:52 pm  Show Profile   Bookmark this reply Add Waredu to your friends list
My dealer pays spot for junk silver, for bullion he pays spot + (depending on what it is, ASEs are spot + $1.85, Austrian is spot + $1.50).
Valued Member
United States
341 Posts
 Posted 12/15/2010  3:08 pm  Show Profile   Bookmark this reply Add General Tso to your friends list
My dealer is the only gig in town, so I guess that explains the price.
Valued Member
United States
225 Posts
 Posted 12/15/2010  3:50 pm  Show Profile   Bookmark this reply Add arsave to your friends list
I haven't sold any, but I picked up a nice Peace dollar for a gift.
Pillar of the Community
United States
511 Posts
 Posted 12/17/2010  12:49 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list
You can get a fair price for both sides on this forum. My experiences with the people here have been very positive.
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