Question About Selling Some Of My Coins.

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Author	Replies: 9 / Views: 1,267
coretj Valued Member United States 436 Posts	Posted 12/30/2009 8:12 pm Today some one email m and said they would give me 10 times face value for any us coin I have that is pre 1964... I have some junk pieces and a lot of less desirable dates... I email him back and he said that he will pay 10X for ANY denomination. Do you think this is a good deal? I have about 550 coins that fall into this category. Report this Post to the Staff

jokingjoker Pillar of the Community United States 2150 Posts	Posted 12/30/2009 8:24 pm I think you could easily get more with a little research Report this Post to the Staff
RFB Pillar of the Community United States 532 Posts	Posted 12/30/2009 8:37 pm Silver has slid back a little recently but I would agree to seek a higher offer. Once you quantify any of the 10x, 12x, or 14x etc it becomes more of a consideration. All depends on how advantageous it is for you to dump right now. Each person has a different buy price for when they originally acquired the silver so if it is a good or poor deal is dependent upon your original investment. I would also doubt that the buyer means literally any denomination. I would assume they are referring to exclusively silver. No nickels or Pennies.....if not, then I have a few hundred lbs of wheats I could part with! Good luck Report this Post to the Staff
tornandfrayed75 Valued Member United States 447 Posts	Posted 12/30/2009 10:22 pm Give me his email addy. I have thousands and thousands of copper memorials he can buy. Report this Post to the Staff
coretj Valued Member United States 436 Posts	Posted 12/31/2009 12:37 am I don't have access to forum email or PM yet so the best I can do is put the Craigslist link here http://sacramento.craigslist.org/wa...0127403.html his ad says for 90% silver coins, but he said he would take nickels sooooo.. have fun Report this Post to the Staff
Texas collector Valued Member United States 369 Posts	Posted 12/31/2009 03:28 am Quote: I have thousands and thousands of copper memorials he can buy. I was thinking the exact same thing. Report this Post to the Staff
nod2003 Pillar of the Community United States 3294 Posts	Posted 12/31/2009 08:56 am If he wants to buy 1964 nickels for $0.50 each, I say sell him all that you can. Report this Post to the Staff
925dealer Valued Member United States 258 Posts	Posted 12/31/2009 09:02 am Ten times face is wholesale buying price and is reasonable for quick cash. You can get more than that on ebay but you will pay ebay fees and could get shafted by an unethical buyer so there is a little more risk. If your buyer is local and paying cash it is reasonable. Now having said all that is there something you need the money for? If you are going to use it to pay off debt or to buy something you want much more then by all means do it. If you just want a few extra dollars in your pocket to blow you may wish to hold off a little longer. The market is down because of light trading for the end of the year (Christmas and New Years) but I suspect it will get better in the first quarter of next year. Best wishes on however you play it! Sincerely, John Leckrone Report this Post to the Staff
SJUHawks Valued Member United States 383 Posts	Posted 12/31/2009 09:32 am Quote: his ad says for 90% silver coins, but he said he would take nickels sooooo.. have fun This is lol-bad if real. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 01/03/2010 10:54 am I would think he ment Silver coins only. Not pennies or a 1944 Cent would get you ten cents regardless of condition. All in all I would really always check for errors prior to sending anyone anything. And always remember that if you do send anything through the mail it could ACCIDENTLY get lost. Not sure how does the postage and insurance work here. Report this Post to the Staff
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