Pawn Shop American Silver Eagle / ASE S...the Follow Up - Page 2

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Author	Replies: 22 / Views: 3,300	Page: of 2

biggfredd Rest in Peace United States 9104 Posts	Posted 10/12/2011 10:57 am 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? Report this Post to the Staff
nod2003 Pillar of the Community United States 3294 Posts	Posted 10/12/2011 11:09 am 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. Report this Post to the Staff
CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 10/12/2011 12:21 pm 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. Report this Post to the Staff
unholyroller Pillar of the Community United States 1903 Posts	Posted 10/12/2011 4:38 pm 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 Report this Post to the Staff
Saruma Pillar of the Community United States 968 Posts	Posted 10/12/2011 4:51 pm 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. Report this Post to the Staff
Freedom Pillar of the Community United States 526 Posts	Posted 10/14/2011 11:57 am 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. Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 10/14/2011 12:03 pm 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. Report this Post to the Staff
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Pawn Shop ASEs...the Follow Up