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5x Face Offer From Pawn Shop For 90% Silver Coins Typical?

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Silver_Hoarder's Avatar
Canada
68 Posts
 Posted 07/16/2010  12:28 am  Show Profile   Bookmark this reply Add Silver_Hoarder to your friends list Get a Link to this Reply
ya that seems a little low...If your patient you will find a buyer who will bay around the 11x fv!
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afclassic87's Avatar
United States
564 Posts
 Posted 07/16/2010  01:16 am  Show Profile   Bookmark this reply Add afclassic87 to your friends list Get a Link to this Reply
I buy silver in my area at 8-9 x face. That's way better than the local places offering 5-6x. It's a win win for me and the seller since they are getting cash now and at a better price.
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 07/16/2010  07:31 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I've had a flyer up with me offering 12X face. NO bites in over a year. Local Craigslisters are offering up to 13X for silver coin.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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guppie1160's Avatar
Canada
307 Posts
 Posted 08/07/2010  7:02 pm  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply
my coin dealer offers at least 10 x so don't sell to the pawn shop
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United States
958 Posts
 Posted 08/07/2010  9:47 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
12x is good , 10 is fair , most pawns offer 5-8x .
usually its just a offer . I have had one pawn offer 7x I told him there was a coind shop north of here paying 12x face ( it does ) but I didnt want to drive that far and would wait till I got more coins
he said 11x face so I sold them
When in fact I would have spent 20$ in gas round trip to get a few bucks more it was worth it to take less money

I have noticed if its total junk 10-12 is the highest most coin shops do if its stuff like SLQ ,decent walkers or decent morgans they will pay 16x face
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