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Common Barber Halves Question

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JayDon62's Avatar
United States
138 Posts
 Posted 01/02/2010  5:30 pm Show Profile   Bookmark this topic Add JayDon62 to your friends list Get a Link to this Message Number of Subscribers
I have the chance to buy 100 common date AG-G-VG Barber halves from an older guy (bar buddy) for $7 each. He originally wanted $10 each, but with the spot price at about $6, I offered that price. He says $7 deal.

Opinions?
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Davest's Avatar
United States
325 Posts
 Posted 01/02/2010  5:41 pm  Show Profile   Bookmark this reply Add Davest to your friends list Get a Link to this Reply
they aren't making them anymore, so, buy em. I mean, they aren't going to go down in price too much from $7. and maybe you'll get a key date or some nice looking coins outa the deal.

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Tim Stroud's Avatar
United States
2661 Posts
 Posted 01/02/2010  6:03 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Buy them, buy them all!
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echizento's Avatar
United States
23731 Posts
 Posted 01/02/2010  7:00 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
If they are problem free, not wizzed or defaced I'd say buy them.
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925dealer's Avatar
United States
258 Posts
 Posted 01/02/2010  7:30 pm  Show Profile   Bookmark this reply Add 925dealer to your friends list Get a Link to this Reply
$7.00 per piece is fourteen times face and seems reasonable as long as they grade g4 or better. A few ag's is ok but if a bunch of them are that grade they should sell for bullion price ie. $6.00 per coin. Ask him if he will let you cherry pick at the $7.00 or if you can meet part way at $6.50 or something. Negotiate and put CASH on the table (not a check). Cash has a certain allure (as does gold and silver). Sincerely, John Leckrone
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