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Selling Bulk Silver Coins

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GrapeCollects's Avatar
United States
8938 Posts
 Posted 06/26/2018  5:22 pm Show Profile   Bookmark this topic Add GrapeCollects to your friends list Get a Link to this Message Number of Subscribers
Poll Question
So recently I picked up a collection dump of silver coins at face value. 11 rolls of washingtons + 12 Standing quarters, 6 rolls of rosies 48 of which werer mercs. I found an LCS that's offering to buy my washington silvers at $2.5 a piece. Most of them are circulated and a lot are slick but I have 2 rolls of BU silver. He said that he doesn't care they are slick and the BU's should balance it out. He also offered to buy the rosies which are largely in good condition at $1 each. Mercs at $1.25 and the dateless Standing quarters at $3 each. Is this a fair offer. Let me know! I want to avoid 10% ebay fees.

Poll Choices
 Yea That's Pretty Fair
 Nope. Keep Looking!
 It's alright.

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KenKat's Avatar
United States
4085 Posts
 Posted 06/26/2018  6:11 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Considering that silver is about 11.75x, he's offering you 10x face on the newer stuff and closer to 12x face on the older stuff. That seems pretty good to me overall.
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Errers and Varietys's Avatar
United States
73853 Posts
 Posted 06/26/2018  7:14 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I think it's a good deal. I don't see anything wrong with it.
Errers and Varietys.
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 06/26/2018  7:49 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
The 2.5 per quarter was the same my lcs offered me recently and the rest are decent prices depends on if you want stuff gone really quick or not too. Overall, especially with getting it at face value, I would take those prices if I needed the money quick
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ratman4762's Avatar
United States
2520 Posts
 Posted 06/27/2018  05:02 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I sell mine on Craigslist. No fees & get closer to melt than LCS. Of course you have to be careful where you meet up with the buyer. I've made a few local contacts that are repeat buyers.
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 06/27/2018  06:11 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Not good enough. Why would you want to sell? Unless I couldn't put food on the table or pay the rent, I'd have to get about $10 each.
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