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Just Looking For Some Opinions Here, Please Be Honest..

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Valued Member
XWLCoins's Avatar
Canada
320 Posts
 Posted 08/09/2016  01:20 am  Show Profile   Bookmark this reply Add XWLCoins to your friends list Get a Link to this Reply

Quote:
Honest, I didn't read the thread


Thanks for stopping by.
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 08/09/2016  08:02 am  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Keep them....silver's going way up soon.

Valued Member
coinsarecool's Avatar
165 Posts
 Posted 08/09/2016  10:09 am  Show Profile   Bookmark this reply Add coinsarecool to your friends list Get a Link to this Reply
Wait for the silver prices to go up and make your profit. I don't think the seller did anything wrong here, these are your coins now.
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Alexer's Avatar
Canada
2632 Posts
 Posted 08/09/2016  2:05 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
I think you'll be ok in the long run just put them somewhere for now and move on.
Lets face it if the price of silver goes much lower we might as well use it to mint coins...lol..it will rebound in time.
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JimmyD's Avatar
Canada
21632 Posts
 Posted 08/09/2016  3:21 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
The only thing I can see wrong with the listing is that the seller did not as per
ebay policy provide "Listing to include photos of both front and back".
You would have been within your right to ask for a photo of the reverse.
I have on a couple of occasions and if the seller refuses, I just move on.
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nss-52's Avatar
United States
54283 Posts
 Posted 08/09/2016  3:37 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
Lets face it if the price of silver goes much lower we might as well use it to mint coins...lol..it will rebound in time.


Well, silver is UP over 28% in the last six months.

OK, so a 90% silver Washington quarter has $3.59 worth of silver in it. That is about 14 times face.

To be able to mint 90% silver coins again, where there is less silver in the coin than the coin's face value silver would have to decline to --- under $1.50 per ounce.

To calculate yourself,

A 90% silver quarter has 0.1808479 troy ounce of pure silver.

Max price per ounce = face value of coin / troy ounces in coin
Max price per ounce = .25 / .1808479
Max price per ounce = $1.38

When silver exceeds $1.38 per ounce, then there is more value in silver than the face value of a US quarter dollar.

When silver exceeded $1.29 the government decided to quit making 90% silver coins.
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Valued Member
United States
73 Posts
 Posted 08/09/2016  4:07 pm  Show Profile   Bookmark this reply Add Greg73 to your friends list Get a Link to this Reply
I think you got a lot of good advise on this thread. The only thing I would add is in the future establish price only on what you know for sure. In this case you did not see the reverse so assume they are in terrible shape and with not seeing the date assume they are missing.
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Alexer's Avatar
Canada
2632 Posts
 Posted 08/09/2016  4:38 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
@ nss-52 I'm well aware of that, my comment was intended as a joke to lighten up the mood of the OP. I myself have made 2 regrettable purchases in the past both times I should have asked the seller for more info or pics...anyway I learned my lesson too so I know what it feels like.
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Canada
867 Posts
 Posted 08/09/2016  7:58 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
There is nothing to suggest that these coins were being offered in a condition OTHER than one that screams "melt value"
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silverwolf's Avatar
Canada
3733 Posts
 Posted 08/09/2016  8:28 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
worked it out with the seller , without getting upset, and he agreed, photo of the reverse should have been included..
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