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"Junk Silver" Question

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Bedrock of the Community
United States
20753 Posts
 Posted 07/31/2008  09:54 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Thad, my opinion is you should have not gone for this one. Not sure how many were damaged since you mention bent and damaged coins. The ones that are not damaged in some way or other you may want to really look over for any possible error coins. Otherwise, I think you should have passed on this one. Damaged coins are difficult to get rid of unless you know a jeweler that melts Silver.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 08/01/2008  09:22 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
If you can get junk silver right now at 10-11x face, then you should jump on it. APMEX was paying roughly 12x face to buy from people so if you have enough, you can make a small profit.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 08/01/2008  4:47 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
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1sikevo's Avatar
United States
1130 Posts
 Posted 08/01/2008  4:54 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply

Quote:
Looking through them I saw: merc dimes, eisenhower dimes (many looked MS), wash quarters, JFK/Frank/Walking halves.

Those Eisenhower dimes must be worth a lot of money
Edited by 1sikevo
08/01/2008 4:55 pm
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MINT_MARQ's Avatar
United States
1000 Posts
 Posted 08/22/2008  06:34 am  Show Profile   Bookmark this reply Add MINT_MARQ to your friends list Get a Link to this Reply
Just to make me and BadThad feel better about our issue with mixing up Roosevelt and Eisenhower.....Check out this ebay auction


I wonder how much a bunch of "Hamilton" dimes would go for.

http://cgi.ebay.com/US-Coin-Collect...ap_W0QQitemZ250285057134QQcmdZViewItem?hash=item250285057134&_trkparms=72:552%7C39:1%7C66:2%7C65:12%7C240:1318&_trksid=p3286.c0.m14
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eaglefoot's Avatar
United States
6326 Posts
 Posted 08/22/2008  07:58 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I like the design of the "Lincoln Quarter" the best out of all those.....
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biggfredd's Avatar
United States
9104 Posts
 Posted 08/22/2008  4:33 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Want to really annoy a dealer? Ask him what he charges for a bag of scrap silver. Then tell him you want to buy a roll of Frankins or WL for that price, pro-rated.

Keep in mind that the scrap price is exactly that. A bulk price for junk of the seller's choosing. Expect to pay more if you have specific needs, or want to buy in dribs and drabs.
Bedrock of the Community
United States
20753 Posts
 Posted 08/22/2008  7:48 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:


I wonder how much a bunch of "Hamilton" dimes would go for.

Hamilton dimes

WOW, am I glad I read this post. There are actually many of the Hamilton Dimes there for my collection.
Hey Thad if you did get those coins always check out the Mercury dimes for rotated reverses. Many are anywhere from a few degrees off to almost 90 degrees off.
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clembo's Avatar
United States
442 Posts
 Posted 08/22/2008  11:41 pm  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
biggfredd

Asking bulk then asking specific doesn't really annoy a dealer that much I'm afraid.
You already gave the answer - it will cost more.

Think about it. If you walk into a butcher shop and ask the price of a whole cow by pound then expect the same for only the T bones what will they tell you? It costs more.

You're not an annoyance at this point. You're an idiot.
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biggfredd's Avatar
United States
9104 Posts
 Posted 08/23/2008  01:18 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Been a dealer for 40+ years. Trust me, the third time in a day you have to explain that "junk silver" doesn't mean they can pick pre-21 Morgans, it's annoying.
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clembo's Avatar
United States
442 Posts
 Posted 08/23/2008  09:04 am  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
biggfredd




You sound like my boss. So do you try that at the buthcher shop?
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biggfredd's Avatar
United States
9104 Posts
 Posted 08/23/2008  6:14 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Not if they have knives handy.
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