Going Rate For Buying VF/Ef WLH's

Thanks chasingtailbar. Would you mind telling be what part of the country is selling WLH's for under melt? I have never been lucky enough to find a place selling EF San Fran mint WLH's for $7.50. Getting them under melt, maybe worn ones, but these are full breast plate.

Anyone else finding mid 30's and S mint EF's for under melt? I would like to know how realistic that is before I buy more.

I wouldn't buy to keep, hence why I'd buy just under melt. Flip for melt, make 10 bucks, I'd be happy.

If you're talking common date WLH's in VF-XF, they might be worth a small premium to melt at retail. Maybe 50 cents to a buck over.

I can buy VF-XF common dates for $7.50-$8.00 each, and I can get a lot of them. Probably a few hundred face. If you just want one or two coins, you're going to pay $10 each... but if you're talking bulk, and yes, two rolls is bulk, you can and should pay a good amount less. From '36 and on, regardless of mintmark, with the exception of the '38-D, they're common in most circulated grades.

Think about it this way, if you sell them on ebay for $10 a coin, shipping costs a buck per coin (individually sold) and fees cost you another buck per coin. At that point, you might as well just sell for $8 each in bulk.

Because list prices are crap, walkers in common dates are just that, common, and aren't worth much more than melt. Your lot for $51 includes a semi-key. I thought we were talking about VF-XF later-date Walkers, anyway? Why are early dates relevant to this discussion?

By the way, I turn down slick, common early-dates with mintmarks for $8 all the time, every week, and usually multiple examples.

I only buy under melt if I'm buying them as part of a larger collection or something, or if I happen to get lucky on ebay. I never see junk silver under melt around here unless it's foreign. Generally there's a couple percent premium, but not much, and that premium accelerates downwards to spot as you buy more volume.

I can buy a $1k face bag for right around $14,800 right now, with spot at 14.69x face.

What are you talking about? You're comparing apples and oranges. That lot doesn't resemble what the OP is talking about because it is a small amount of coins (5 coins?) has a Columbian half, and a semi-key walker. That's nothing like two rolls of 1930's and 1940's Walkers.

Here's a roll of early dates that went for $8.25 a coin;
http://www.ebay.com/itm/131256935502

Here's a roll of VF '30's and '40's that went for the same price;
http://www.ebay.com/itm/131250179638

And there's tons more examples on ebay.

Also, buying coins from the unwary? If I pay under melt for junk silver from a collection, it's because I'm shelling out a lot of money... I mean, the biggest collection I ever bought had about $1k in junk silver in it, I paid 95% of melt for the junk silver, sold it for 99% of melt. I think I laid out about $25k on that collection.

And for the record, I pay a heck of a lot better than most dealers in B&M's do because I have no real overhead and it's a hobby to me, not a living.