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Pawn Shop ASEs...the Follow Up

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unholyroller's Avatar
United States
1903 Posts
 Posted 10/11/2011  6:02 pm Show Profile   Bookmark this topic Add unholyroller to your friends list Get a Link to this Message Number of Subscribers
Went by a pawn shop today. They had three rather dirty ASEs in the counter. None have any eye appeal at all. Best I could whittle them down to was melt. Are tarnished/nicked up ASEs worth it at today's melt or should I just pass?
Edited by unholyroller
10/12/2011 5:37 pm
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Lobby's Avatar
United States
548 Posts
 Posted 10/11/2011  6:07 pm  Show Profile   Bookmark this reply Add Lobby to your friends list Get a Link to this Reply
How much did they want for them? Silver is at $32/oz right now...
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/11/2011  6:16 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
They said they would sell me them at melt $32.00 each
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BluesZone's Avatar
United States
524 Posts
 Posted 10/11/2011  6:21 pm  Show Profile   Bookmark this reply Add BluesZone to your friends list Get a Link to this Reply
I wouldn't hesitate at melt. I would buy them.
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/11/2011  6:45 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
Guess I just have a hard time parting with my hard earned money for "ugly" coins, even at their intrinsic value. Anyone else's encouragement though might help push me over the edge...
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matchbox's Avatar
United States
1007 Posts
 Posted 10/11/2011  6:47 pm  Show Profile   Bookmark this reply Add matchbox to your friends list Get a Link to this Reply
If they were dates I didn't have I would buy them at melt.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 10/11/2011  7:06 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
That would also depend on what you mean by dirty. If a quick dip would clean them up, then I would without even a seconds thought. If they arent easily dipable, I likely still would because its silver and treat them as bullion.
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beachloan's Avatar
United States
219 Posts
 Posted 10/11/2011  7:57 pm  Show Profile   Bookmark this reply Add beachloan to your friends list Get a Link to this Reply
How or why would you ever expect to pay less than melt for an ASE in any retail store?
Edited by beachloan
10/11/2011 8:07 pm
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silverguy's Avatar
United States
109 Posts
 Posted 10/11/2011  8:44 pm  Show Profile   Bookmark this reply Add silverguy to your friends list Get a Link to this Reply
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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everything's Avatar
United States
493 Posts
 Posted 10/11/2011  9:15 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
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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unholyroller's Avatar
United States
1903 Posts
 Posted 10/11/2011  9:25 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
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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hesgut's Avatar
1028 Posts
 Posted 10/11/2011  9:26 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
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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okiepb's Avatar
United States
1213 Posts
 Posted 10/11/2011  11:03 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
I agree with the rest of the comments - I'd snap them up at melt regardless of condition.

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mitchhailey's Avatar
United States
1150 Posts
 Posted 10/12/2011  03:17 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
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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Ricardocody's Avatar
United States
1204 Posts
 Posted 10/12/2011  04:20 am  Show Profile   Bookmark this reply Add Ricardocody to your friends list Get a Link to this Reply
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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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/12/2011  08:49 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
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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