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Silver Eagles

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Author Previous TopicReplies: 7 / Views: 1,012Next Topic  
Valued Member
Robberbaron's Avatar
United States
66 Posts
 Posted 04/11/2008  2:21 pm Show Profile   Bookmark this topic Add Robberbaron to your friends list Get a Link to this Message Number of Subscribers
How much have people been paying for silver eagles. I was luck enough to find 4 at a pawn show for 12 dollars a piece what is the general values you have seen out there for them?
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MorganNoob's Avatar
United States
533 Posts
 Posted 04/11/2008  2:28 pm  Show Profile   Bookmark this reply Add MorganNoob to your friends list Get a Link to this Reply
I saw some '08 proof ASE's on HSN last night for $49.95. In the 'original government packaging'. They are making a cool $18 profit per coin that they sell, and the entire time the guy kept saying how there was no place cheaper to get them. Apparently, he didn't realize that you can get them from the mint. I watched until I thought I was going to puke, then I changed the channel. that should really be a crime.

to the OP. $12/ coin is about $5 below melt, I would go back with a wheel barrow.
Edited by MorganNoob
04/11/2008 2:29 pm
Rest in Peace
COINAHOLIC's Avatar
United States
1501 Posts
 Posted 04/11/2008  2:39 pm  Show Profile   Bookmark this reply Add COINAHOLIC to your friends list Get a Link to this Reply
On an average coin by coin basis I paid an average of $16.00 per coin to complete my two sets. I have been collecting them for about 10 years, one here and there, $12.00 is below the melt value of the coins, at current silver prices. When I got my sets filled in 2006, the up-keep on them should have been an easy thing, I was able to get the 2007's for $11.00 per coin, but had to give $19.50 per 2008. I hope this helps a bit, remember that Silver Eagles are bullion coins and are directly tied to the current spot market. So if silver goes up so do they! Keep shopping around there are deals out there!
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1sikevo's Avatar
United States
1130 Posts
 Posted 04/11/2008  2:58 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
Yeah, at $12 each, I'd take all they have and a raincheck for any more they've got coming. Usually, they are 1.50 over melt if you buy in big quantities.
Valued Member
Robberbaron's Avatar
United States
66 Posts
 Posted 04/11/2008  3:28 pm  Show Profile   Bookmark this reply Add Robberbaron to your friends list Get a Link to this Reply
When I saw the price I grabbed them up. I told them if anything else like that comes in give me a call
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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/11/2008  5:02 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Pawn shops usually rip people off ! At least on their coins........buy em' cheap and sell em' for top value....And I've found that they are VERY aware of the current Silver/gold prices....cause it's their business to know!....so $12.00 per coin.....WOW !.....don't understand the price...I guess that's certainly "priced to sell" !...is this a "new" fella running the shop ?...Ha Ha...
Edited by eaglefoot
04/11/2008 5:06 pm
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nlp coins's Avatar
United States
2373 Posts
 Posted 04/11/2008  8:10 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
For just raw coins, I was generally paying 1.50 to 2.00 per coin when buying by the roll. I was buying from NWTM. nlp
Valued Member
Kilroy's Avatar
United States
76 Posts
 Posted 04/11/2008  11:07 pm  Show Profile   Bookmark this reply Add Kilroy to your friends list Get a Link to this Reply
Great buy Robberbaron! They are selling for a premium over spot on ebay.
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