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Thinking About Making This Deal... Is It A Good One? Help!

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Author Previous TopicReplies: 10 / Views: 1,461Next Topic  
Valued Member
tdreiling's Avatar
United States
77 Posts
 Posted 02/08/2014  5:46 pm Show Profile   Bookmark this topic Add tdreiling to your friends list Get a Link to this Message Number of Subscribers
A man I'm working with wants $350 for the following:

5 silver bars (1oz)
1 silver bar (10grams)
2 maple leafs (2013)
1 silver liberty (1984)
2 silver eagles (1997, 2011)
1 buffalo round (1oz)
3 half dollars (1938D!, 1941, 1968D
1 quarter (1958)

What's a good price for this lot? Thanks!
Pillar of the Community
United States
3184 Posts
 Posted 02/08/2014  5:56 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
11 oz of silver and then some halves? Seems a little too high. The 38D is a key but whats the condition?
Pillar of the Community
westernsky's Avatar
United States
7613 Posts
 Posted 02/08/2014  5:59 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Roughly 12 ounces of silver would be 240$. The 38-D half has some premium of around 60$ in avg condition. So... I see no more than 300$ in this unless the 38-D is high grade. Still, it is a long shot to see 350$ in this deal if you are buying it to make a few quick bucks.
Valued Member
tdreiling's Avatar
United States
77 Posts
 Posted 02/08/2014  6:09 pm  Show Profile   Bookmark this reply Add tdreiling to your friends list Get a Link to this Reply
I've named my top offer at $320. He's considering it. Thoughts?
Valued Member
woodcr's Avatar
United States
403 Posts
 Posted 02/08/2014  6:10 pm  Show Profile   Bookmark this reply Add woodcr to your friends list Get a Link to this Reply
sorry, too high
Pillar of the Community
Fat Freddy's Avatar
United States
1200 Posts
 Posted 02/08/2014  6:31 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
Seems too high. Besides--the real consideration is the question of what your collecting objectives are. That's an unfocused, all-over-the-place assortment of nothing very special.

Think through what you're doing before you go making random impulse purchases. If you don't have specific objectives and a plan to progress toward them, you'll end up with an
unorganized collection of everything under the sun. Then---later on, when you figure out what you want to do and have, you'll end up trading out of your hodgepodge and into what
you want---and that trading will cost you.

Don't blow the $320. Go to a few coin shows and a few LCS's, spend some time cruising coin/PM forums and online vendor websites and put some effort into figuring out what you
want to collect. If you do, you'll be happy in the long run that you did.
Pillar of the Community
traevin's Avatar
United States
1454 Posts
 Posted 02/08/2014  6:52 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Assuming you like all those items, $320 seems like a good price to me. Put it this way, if I were to try and purchase all that silver on ebay, I would most certainly pay more. I'm of the opinion that silver will "eventually" start moving back up. If spot prices even get back to $30 again, you'll make a nice return on your investment. But be prepared to hold. Perhaps for a decade or more. If you're not, might consider passing.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 02/08/2014  7:04 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Is the 1984 silver liberty the commemorative dollar? A 1984 silver eagle would be fake, they werent started until 1986
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traevin's Avatar
United States
1454 Posts
 Posted 02/08/2014  8:32 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
The silver liberty (1984) threw me for a loop, as well. I didn't even count it when I was figuring the cost of each PM. Is it a private mint round, perhaps?
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Domain555's Avatar
United States
1804 Posts
 Posted 02/08/2014  9:16 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
If you think there is 12 oz. of silver offer $240.

Keep in mind silver might be $19 tomorrow.

Money is ALWAYS made the day you BUY something.

If you pay retail, that is OK, if you are OK with paying full value

Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 02/09/2014  05:41 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
$300 tops for me.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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