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 Replies: 22 / Views: 2,977 |
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Pillar of the Community
United States
1191 Posts |
I received an email that an estate sell is starting today. I looked at the images and saw only State Quarter proof sets, but I decided to go anyways. Here is what I got.   That was all of the silver they had. I think I overpaid but not by a lot. Nonetheless, I am happy  |
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Pillar of the Community
United States
7390 Posts |
Nice score. Add up the face value of the silver and multiply by 14. Then compare that number to what you paid
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Moderator
 United States
187950 Posts |
Nice acquisitions.  |
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Pillar of the Community
United States
6326 Posts |
I used to love going to estate sales that had coins...so much fun ! --  Got some lots of unsearched Wheats many different times.. So many different kinds of coins can pop up at those. Wish I could afford to go out and hit a couple this summer. Gratz on your pickups ! --- |
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Pillar of the Community
 United States
1191 Posts |
Cascade, what does it give me? When I add everything up I get a very small difference than what I paid.
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Moderator
United States
187950 Posts |
What Cascade gave you is a way to calculate silver melt value. If you paid at or below that, you did really well.
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Pillar of the Community
United States
4963 Posts |
Nice buys! The most I've ever found at an estate sale is a pair of proof sets (71 & 72).
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Pillar of the Community
United States
1191 Posts |
I get a $6.40 difference. Did I do good?
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Pillar of the Community
United States
1191 Posts |
The last time I went to an estate sale, there were lots of CC Morgan's in mint boxes. They are way out of my price range right now, so I had to pass. People were grabbing them by the dozen  |
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Moderator
United States
187950 Posts |
Quote:
I get a $6.40 difference. Did I do good? Was that $6.40 more than what you paid or less than what you paid? |
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Pillar of the Community
United States
1191 Posts |
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Moderator
United States
187950 Posts |
Then you paid $6.40 above melt. As long as the coins and folders are in good condition, you probably did okay.
Another way to look at it...
If you are going to finish out the folders or use the coins for upgrading your collection then you probably did good.
If you are just going to add them to your silver stack, then you probably overpaid.
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Bedrock of the Community
United States
94367 Posts |
Anyway, you had fun! Learn how to adjust that formula as the price of silver changes, then just take a little calculator with you next time.
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Moderator
United States
187950 Posts |
Quote:
Anyway, you had fun! Yes. Quote:
Learn how to adjust that formula as the price of silver changes, then just take a little calculator with you next time. Sound advice. |
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Bedrock of the Community
United States
11951 Posts |
Sounds like you made a government d buy.
Never hurts to keep stacking silver
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Pillar of the Community
United States
2637 Posts |
Quote:
The last time I went to an estate sale, there were lots of CC Morgan's in mint boxes. Talked with a long time coin collector/dealer (since passed) who said he went to an auction (maybe 20 years ago), found 8 GSA morgans. He bid $20, and his was the only bid. Lacking interest in anything else, he went to settle up with the auctioneer's assistant, and started calculating how much he owed, when he was told he had purchased all 8 for $20. |
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Replies: 22 / Views: 2,977 |
Posted 06/23/2016 2:11 pm
