Impulse Buy - Coin Community Forum

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Author	Replies: 7 / Views: 1,895
Gothic Florin Pillar of the Community United States 2541 Posts	Posted 10/05/2010 1:36 pm My local dealer didn't want to buy a bunch of $1 silver certificates (1957, 1957A, 1957B). He said he has hundreds in the back and can't get rid of them. He told the guy to spend them, so I took 10 of them for $20. One of them is a star note. They are all pretty worn. How did I do on this? I don't think I go them for a good price, but is $2 for a common silver certificate way too expensive? Report this Post to the Staff

Namachieli Pillar of the Community United States 2120 Posts	Posted 10/05/2010 1:49 pm most dealers I know sell '57's at $1.25 each. Star note is probably worth $2. Check em all for low runs/odd SNs, ETC. Report this Post to the Staff
mycrob Pillar of the Community United States 2602 Posts	Posted 10/05/2010 3:07 pm $2 each is a bit high. Maybe $1.50 each is what I'd pay. Report this Post to the Staff
Gothic Florin Pillar of the Community United States 2541 Posts	Posted 10/05/2010 4:08 pm curses... I offered him $1.50 but he wanted $2. That's why I don't usually do impulse buys. I couldn't stand the idea of them going into circulation and me not getting any of them.... Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 10/05/2010 6:32 pm even though you didn't get a great deal I would have probably done the same thing just to have them. I would have probably said "look if you spend them like the dealer said to do then all you will get is face value, for 1.50 you are getting 1 1/2 times face" and see if that changed his mind but if not I would probably still have bought them like you did instead of letting them go into circulation Report this Post to the Staff
jakeW Pillar of the Community United States 689 Posts	Posted 10/05/2010 8:45 pm Report this Post to the Staff
andrewjconners Valued Member United States 497 Posts	Posted 10/13/2010 10:01 pm well, you did a good thing and kept it out of circulation Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 10/14/2010 04:13 am I bought an 1849 open wreath gold dollar on impulse. The price? Thirty shillings. (one Pound ten Shillings). That was before Great Britain's changeover to decimal currency. That would have been about $3.50 in U.S. currency at the time. The place? a coin show in Manchester, England. The condition? I would say MS 63. The time: 1970. In the Scottish dialect you would call it 'A wee ripper!' Report this Post to the Staff
	Replies: 7 / Views: 1,895

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