What Should I Purchase? - Coin Community Forum

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Author	Replies: 4 / Views: 969
skitwostreet New Member United States 25 Posts	Posted 07/08/2012 2:19 pm I've been buying junk silver if I can get it below melt. I have just over $250 in junk silver laying around. I'm wondering if its worth it to trade the silver and buy just one coin worth the value? If I bring them to a coin shop and try to trade will they offer me something lower of value? Whats the best way to sell/trade the junk silver for that one coin? Thanks for looking and hope to hear back soon. Report this Post to the Staff

basebal21 Bedrock of the Community 13014 Posts	Posted 07/08/2012 2:27 pm Youll always get below melt from coin shops because they have to make a profit. On ebay you can usually get above melt, but you have to keep in mind the fees associated with selling there for what the better deal is. Couldnt hurt to go to the shop and see what theyd offer though Report this Post to the Staff
colu41 Valued Member United States 376 Posts	Posted 07/08/2012 2:35 pm Definitely ebay. Even with any ebay fees and Paypal fees you will still make out better than bringing them to a shop. Report this Post to the Staff
silverdollar2011 Valued Member United States 385 Posts	Posted 07/08/2012 2:46 pm I personally recommend a site called YardSellr, it's like a little ebay. The site automatically gives members 10 bucks to use in the form of their currency called photons when facebook is connected. Anyways, I bought alot of silver WAYYYYY under spot price from there including an 1831 Capped Dime for just $4 ($3 + $1 Yardsellr "slice). Anyways, all of you guys should try it out. Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 07/08/2012 2:52 pm Its all about liquidity. Keep the 90% silver and use other money to buy a special coin that you want but dont sell the silver. Its easier to sell small amounts of silver vs selling a expensive coin. Just like its easier to sell 1 oz of gold vs a 10 oz gold bar Report this Post to the Staff
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