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 Replies: 27 / Views: 3,866 |
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Bedrock of the Community
United States
94367 Posts |
Good advice to ask for the bag's weight, then the calculation becomes easy.
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CCF Advertiser
United States
1533 Posts |
I think you have to pay over melt to get Mercs, maybe 12.2x as they sell at 12.7x - 13x. Offering 10x or 11x is a joke and you'll just get laughed at. No one sells them for that.
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Rest in Peace
United States
17900 Posts |
A $10,000+ purchase is nothing like a much smaller purchase. The X factor is considerably less.
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Bedrock of the Community
United States
12057 Posts |
I would pay melt minus a 10-15% holdback for processing. I'd then sort them into lots of 50 and 100 using a coin counter, cherrypick anything with numismatic value, and list the lots on ebay as BIN's at 5-15% above melt. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
1119 Posts |
I preety much agree with mox and ssuperdave I would pay about 10k unless really nice and pre 1935
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Pillar of the Community
United States
5832 Posts |
Without knowing the average condition I would agree with most the suggested prices, if it was Fine to EF and some AU then the prices would be higher.
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Bedrock of the Community
United States
20753 Posts |
I wouldn't even try for this one. To many possible errors and problems. How is it an exact amount of 10,000? How worn are they? Where did they come from? It's just to much of a gamble for that kind of money.
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CCF Advertiser
United States
1533 Posts |
There was a major bullion dealer at a show I was at today paying $11.25 x face. There is a national dealer offering $11.05 x face sight unseen online. I'd buy it at 11x comfortably and flip it to a dealer. Offering 10x is a joke. Most dealers today were selling at 12.5x. I bought $100 face at 12x, which is below melt and was the lowest price offered at the show.
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Pillar of the Community
United States
3184 Posts |
if you can pay 10x for 10,000 Mercury dimes, immediately flip them to a dealer and get your money back + profit in the form of money or merc dimes. As andrew99 said, many large dealers are paying over 10x for 90% |
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Bedrock of the Community
United States
94367 Posts |
Sounds like a good move if you're a bull.
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Pillar of the Community
United States
3210 Posts |
I'd pay $10,000 or 10x face. That's Normally what I pay when I buy junk silver from people with deals. This way it leaves a little wiggle room to make some $ after I go through them all for errors, varieties and key dates
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Bedrock of the Community
United States
20753 Posts |
Be careful. Check them with a magnet. Many fakes of Mercury dimes out there. |
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Replies: 27 / Views: 3,866 |
First Page
Posted 10/04/2017 8:04 pm
