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ASE Proofs Wholesale Value?

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Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 01/05/2016  01:37 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
My suggestion would be to take them to a local dealer
and see what they offer.

For me I would offer the sister what they offer.

If for some reason you wanted to be extra nice,
offer to pay her 10% over the coin shop offer.
Pillar of the Community
Foxwoods Man's Avatar
United States
4901 Posts
 Posted 01/05/2016  07:50 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Without getting down to the exact penny BuckeyeCoinGuy gave you a perfect, easy to use reference that should be all you need. I think you are trying to be waaaay to exact and it's complicating the process.

Even if you "drag all the coins" to a dealer he may low ball you and another dealer might have better prices and another might be better for some and lower on others and on and on and on.

Use the list....

...and...


Quote:
I buy 10 from my sister for "Bid Price" of $45 each. She takes her remaining 10 to dealer who offers her only $35 each...


..and if YOU decide to take your 10 to a dealer the same result will occur so don't worry about it

Edited by Foxwoods Man
01/05/2016 07:53 am
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 01/05/2016  08:02 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The buy prices posted above are very strong. $45/each with no fees except shipping is as good as you'll find and was inline with what the mint was selling them for last year! In other words, wholesale=retail on those published prices. A typical might offer $30 each for common dates, at best.
ANA #R3154474
Pillar of the Community
United States
1913 Posts
 Posted 01/05/2016  08:58 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
I feel I shouldn't have to pay more than the dealer. Its reasonable to feel this way correct?

It's very reasonable to not have to pay more than they can be sold for. In fact, heirs sometimes undervalue property in order to keep it in the family.
Valued Member
United States
83 Posts
 Posted 01/10/2016  03:08 am  Show Profile   Bookmark this reply Add ShinyCat to your friends list Get a Link to this Reply
So what did you end up doing?
New Member
slackaction's Avatar
9 Posts
 Posted 01/10/2016  11:58 am  Show Profile   Bookmark this reply Add slackaction to your friends list Get a Link to this Reply
You can buy ASE for 16.51 2.49 over spot if you buy one or 20...It still shipping 7.77

*** Edited by Staff to remove YELLING. All capital letters is the internet version of yelling. Please don't do it in titles or posts. ***
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Coinfusion's Avatar
United States
500 Posts
 Posted 01/10/2016  12:24 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
As far a proof ASE's...at the December coin show I was at a dealer table browsing and a customer was looking to sell some ASE proof in boxes with COA's. The dealer offered bid for a couple of them and 30% less than bid for the more common date ones. The gentleman trying to sell them said that was about what he was offered from a different dealer he asked.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 01/10/2016  3:22 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
You can buy ASE for 16.51 2.49 over spot if you buy one or 20...It still shipping 7.77


Really? Proof ASE's (that's what the thread is about) from various years for that price? Please post the link...
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slackaction's Avatar
9 Posts
 Posted 01/11/2016  10:52 am  Show Profile   Bookmark this reply Add slackaction to your friends list Get a Link to this Reply
*** Edited by Staff - Please review the rules that you agreed to when you registered. ***
Edited by slackaction
01/11/2016 10:54 am
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 01/11/2016  11:10 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
There is quite a difference between bullion and collector Proof ASE's and they are priced accordingly.
Edited by Foxwoods Man
01/11/2016 11:11 am
Valued Member
Cali_Nick's Avatar
United States
307 Posts
 Posted 01/11/2016  4:58 pm  Show Profile   Bookmark this reply Add Cali_Nick to your friends list Get a Link to this Reply
Thanks Guys! No decision made yet on what is going to happen in my case.
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AJPM's Avatar
United States
35 Posts
 Posted 01/20/2016  4:37 pm  Show Profile   Bookmark this reply Add AJPM to your friends list Get a Link to this Reply
Keep us posted! Liquidating an estate can be difficult, it makes sense that you're taking your time. As your ASEs are proof coins, the market price of silver should not effect that value too significantly. It might be worth your time to get offers from local coin shops, but I would be wary of appraisal fees in the case of boxed proof coins with COAs. You should be able to go in with a list, and get an offer based on the list since there should be no condition issues.

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