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Are These Coins Worth Buying?

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Author Previous TopicReplies: 11 / Views: 1,542Next Topic  
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BluesZone's Avatar
United States
524 Posts
 Posted 10/17/2010  7:30 pm Show Profile   Bookmark this topic Add BluesZone to your friends list Get a Link to this Message Number of Subscribers
My local pawn shop has some silver coins under melt. I bought a 64' half for $6 and a 41' for $7. I also got two Standing Liberty quarters for $3.50 each. They have several more 90% halves for $7 and $8. Are they worth buying a dollar or two under melt. I don't need them for sets, it would just be for the silver. They also have a Mercury book with 22 Mercs for $30. I think melt is about $36. Thanks for any ideas.

HEY! I'm a valued member now. Not sure what value? Maybe a no date Buffalo or Liberty nickel.
Edited by BluesZone
10/17/2010 7:33 pm
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 10/17/2010  7:50 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
They sound like fair prices to me. If silver tanks then you will still have the numismatic value of the coins. Without seeing them first hand it sounds as if they are priced 10-15% below listed retail also. If you can afford them then I say grab them up.
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specksynder's Avatar
United States
1080 Posts
 Posted 10/17/2010  7:55 pm  Show Profile   Bookmark this reply Add specksynder to your friends list Get a Link to this Reply
Unless they were in really bad shape, I'd buy them up. About 4 months ago before silver broke $20, my goal was to pay $7 or less for silver half dollars, I would be willing to pay more now.
Valued Member
Sprucansailor's Avatar
United States
188 Posts
 Posted 10/17/2010  11:43 pm  Show Profile   Bookmark this reply Add Sprucansailor to your friends list Get a Link to this Reply
Snatch them all up! Silver below melt is always a good thing.
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Wei Fun's Avatar
United States
244 Posts
 Posted 10/17/2010  11:46 pm  Show Profile   Bookmark this reply Add Wei Fun to your friends list Get a Link to this Reply
Not sure where you're living, but you might have an arbitrage opportunity there. Around here, there's a local bullion dealer that will pay 3% below melt for 90%. If you can buy for less than that, you can buy from the one, sell to the other, and make risk-free money.
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amassey08873's Avatar
United States
584 Posts
 Posted 10/17/2010  11:50 pm  Show Profile   Bookmark this reply Add amassey08873 to your friends list Get a Link to this Reply
Heck if you dont want them Ill take em. :-) I love silver and where its going. If you can get them for under melt and they are still good shape. Win Win. You could probably take them right to Scrap yard (Check whos paying most in your area and sell em for melt. Money Money Money.
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BluesZone's Avatar
United States
524 Posts
 Posted 10/18/2010  09:06 am  Show Profile   Bookmark this reply Add BluesZone to your friends list Get a Link to this Reply
Thanks for the replies. Guess I'll be going back soon.
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Dvorak's Avatar
United States
55 Posts
 Posted 10/18/2010  10:37 am  Show Profile   Bookmark this reply Add Dvorak to your friends list Get a Link to this Reply
Sounds like really good prices. Just don't pay full melt for worn coins, these can have a lot less than the standard .715 ounces/$ face in silver.
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slash112's Avatar
United States
368 Posts
 Posted 10/18/2010  10:52 am  Show Profile   Bookmark this reply Add slash112 to your friends list Get a Link to this Reply
dude if you aren't interested in the mercs buy them and sell them to me
send me an email because I'd love to get my hands on them
let me know
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andrewjconners's Avatar
United States
497 Posts
 Posted 10/18/2010  11:39 am  Show Profile   Bookmark this reply Add andrewjconners to your friends list Get a Link to this Reply
go for it! its silver. its expected to keep going but bullion is expected to drop in nov. dec. (THATS JUST WHAT I HEARD) of course nobody knows for sure. but if I was you I would. or try to bargin with them!
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BadThad's Avatar
United States
19931 Posts
 Posted 10/18/2010  3:02 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
BUY! Bundle them all together, add his asking price, then negotiate a few more bucks off for buying the lot.
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 10/18/2010  3:26 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
honestly,, it would be very hard for me to resist. BUT with silver at its high, I would hold off buying ANY silver.... thats just me(my wife).. the other part of ME would just go ahead,, silver under melt is a deal!
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