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Junk Silver Prices Thread - Report In Here

 
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Pillar of the Community
United States
3694 Posts
 Posted 08/11/2018  9:17 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Purchased some junk silver at the LCS today for 11.3X face. Got a mix of Franklin halves, Washington quarters, and Mercury dimes.
Valued Member
United States
424 Posts
 Posted 08/12/2018  11:13 pm  Show Profile   Bookmark this reply Add Kurrykid to your friends list Get a Link to this Reply
They had dimes and quarters at the coin show today for 11x...pretty good! Works out to $15.38 / oz...pretty close to spot.
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 Posted 08/15/2018  12:36 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I just paid 8 times face for some Kennedy halves and Rosies. Central Ohio.
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1941 Posts
 Posted 08/25/2018  1:38 pm  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
LCS says they charge $1 over spot. Today it would be 11.7x
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 Posted 09/25/2018  11:06 am  Show Profile   Check CalzoneManiac's eBay Listings Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
I found quarter rolls on eBay for 12.5x and Franklins for about 11x
Silver spot price is $14.31
Should I grab these?
Valued Member
United States
424 Posts
 Posted 09/25/2018  1:37 pm  Show Profile   Bookmark this reply Add Kurrykid to your friends list Get a Link to this Reply
I wouldn't...12.5x works out to 17.48 / oz. About $3.00 over spot. If you look hard, you can find junk silver for spot or less on eBay. The 11x is better.
Edited by Kurrykid
09/25/2018 1:38 pm
Pillar of the Community
United States
776 Posts
 Posted 09/25/2018  2:31 pm  Show Profile   Check CalzoneManiac's eBay Listings Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
hmmm...
Valued Member
United States
424 Posts
 Posted 09/25/2018  11:04 pm  Show Profile   Bookmark this reply Add Kurrykid to your friends list Get a Link to this Reply
Do you buy from eBay? APMEX has $10 face value for $115.15 https://www.ebay.com/itm/90-Silver-...AOSwmFhbqPKJ Right now, eBay has eBay bucks giving you 10% back. If you do the math, this makes the $10 face value almost exactly at spot (and free shipping). As spot moves, so does the auction price but eBay bucks is a good way to bring your cost down...if you qualify!
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 Posted 01/19/2019  11:13 am  Show Profile   Bookmark this reply Add berto to your friends list Get a Link to this Reply
Yesterday I sold 3 Morgan and 6 Peace dollars for $20 each, 50 WL and 20 Franklin halves for $8 each, 90% JFKs for $7 each, 80 40% JFKs for $2.50 each, 10 Washington quarters for $3 each, and 15 Roosevelt and Liberty dimes for $1.50 each to a local buyer. My profit was roughly 20%.

My prices were less than another local seller on cl who renews his add as frequently as he's allowed, so I beat the local competition :)
Edited by berto
01/19/2019 11:15 am
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 Posted 06/24/2019  4:55 pm  Show Profile   Bookmark this reply Add berto to your friends list Get a Link to this Reply
Yesterday, I sold 3 Peace dollars for $20 each, an uncirculated '71D silver Ike for $12, 42 WL halves for $8 each, 1 Franklin half for $7, one uncirculated 90% JFK for $7, 60 40% JFKs for $2.50 each, and 2 Roosevelt and 179 Liberty dimes for $2 each to a local buyer.
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 Posted 06/24/2019  9:11 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Good prices Berto
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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9184 Posts
 Posted 06/24/2019  10:00 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Good prices Berto


I'd say great. Selling 90% that melts at 11X for 20X face?
ANA #R3154474
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United States
3694 Posts
 Posted 07/15/2019  1:16 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
On Friday the local coin shop wanted 11.3X for their junk silver and at an auction on Saturday quite a few rolls of Franklins and Walkers sold for 13-14X face.
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2013 Posts
 Posted 07/26/2019  07:51 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
I picked these up at a coin shop in Wilmington NC for 13x face. With silver moving up recently I didn't think the price was too bad.




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1941 Posts
 Posted 07/28/2019  3:05 pm  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
LCS says they are still holding at 13:1 for newer junk.
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