| Author |
 Replies: 11 / Views: 1,243 |
|
|
Valued Member
United States
59 Posts |
Hello all,
I saw beaten up 90% coins @ a jewelry store. Is $23.5 a fair price for $1 face value?
Thanks
|
|
|
|
Pillar of the Community
United States
919 Posts |
Current melt is $22.28 per $1 so you are paying about $1.25 premium. That is a little over a 5% premium. Many on this site will say they buy below melt. I usually end up paying right around melt. If you are also going to be charged tax then you are paying too much.
|
|
Pillar of the Community
United States
530 Posts |
As of right now, should be more like 22.30 per dollar. Plus around here retail establishments charge sales tax on top of that. I would shop elsewhere.
|
|
Pillar of the Community
United States
3345 Posts |
|
|
Pillar of the Community
1751 Posts |
Depends on how much you're buying...
|
|
Rest in Peace
United States
2668 Posts |
In the ball park. If it is convenient (no shipping) I'd buy from them until I found a cheaper competitor.
Credit card transactions will soon cost about the same percentage as you will pay over melt at that jeweler.
|
|
Pillar of the Community
United States
1511 Posts |
I agree it's a bit high with tax.. You could always try talking them down a little bit... Can't hurt.
|
|
Pillar of the Community
United States
919 Posts |
Have you tried a local coin store to compare to? When I buy near melt that is for half dollars in EF/XF condition. I would not pay a premium for well worn coins.
|
|
New Member
United States
10 Posts |
TPG- How do you pay less than melt price? Everywhere I have been has melt price plus a little.
Edited by chuckitdeep
01/28/2013 9:21 pm
|
|
Pillar of the Community
United States
4333 Posts |
Yes, good luck buying at or under melt.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
|
|
Pillar of the Community
United States
919 Posts |
I have never paid under melt. I said many on here say they can get it under melt. I went on to say I usually pay melt. I pay a premium anytime I can find EF Walking Liberty's. There are a couple sites that give melt value. I have tried to list them but am not allowed to. I check those sites and that is what I pay at the LCS. I buy 2-3 rolls of halves at a time so that probably helps. Again, I have never been lucky enough to buy under melt. I only buy inperson, I don't play the ebay game of late night bidding. |
|
Pillar of the Community
United States
622 Posts |
If all you are buying is a dollar or two, the price is exactly what I'd expect. You can play around on ebay and get it cheaper but you are paying for the convenience of direct retail, instant receipt, and being able to purchase a small amount. OO |
| |
Replies: 11 / Views: 1,243 |
|
Posted 01/28/2013 4:58 pm
