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Have You Sold Any Silver Lately

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Valued Member
General Tso's Avatar
United States
341 Posts
 Posted 12/15/2010  09:15 am  Show Profile   Bookmark this reply Add General Tso to your friends list Get a Link to this Reply
I tried to sell some canadian quarters the other day. I was offered 11x face. I thought that was low. That was my first time trying to sell anything from my collection.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 12/15/2010  12:00 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I was offered 6x face from my coin dealer for 80% Canadian. I sold on Craigslist for 16x.
Valued Member
United States
439 Posts
 Posted 12/15/2010  12:06 pm  Show Profile   Bookmark this reply Add monkeyman67 to your friends list Get a Link to this Reply
It sounds like these guys are crooks not dealers. I have not had an issue with a dealer lowballing me for silver. They are generally where I could sell on ebay less the fees and hassle. It is convenient so it is worth some slippage in price.
Pillar of the Community
United States
958 Posts
 Posted 12/15/2010  12:10 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
When I had alot $30 face
I had a guy come get it at 20x face 25xface for nice morgans
sounded great becuase I though silver might fall plus most of it was junker stuff

but having just a lil right now , he wont to come get it with gas being $3 a gallon
cost him almost $15 in gas to drive to me, and I wont drive to him and waste 15$ to sell 20 bucks in coins

So I just dumped it in the 4/sell forum.
15-16x face for the not so great stuff dimes quarters
18 X face for the nicer stuff

common morgans and peace seem to bring spot or close , and a lil more then spot for decent ones
Valued Member
Waredu's Avatar
United States
397 Posts
 Posted 12/15/2010  12:52 pm  Show Profile   Bookmark this reply Add Waredu to your friends list Get a Link to this Reply
My dealer pays spot for junk silver, for bullion he pays spot + (depending on what it is, ASEs are spot + $1.85, Austrian is spot + $1.50).
Valued Member
General Tso's Avatar
United States
341 Posts
 Posted 12/15/2010  3:08 pm  Show Profile   Bookmark this reply Add General Tso to your friends list Get a Link to this Reply
My dealer is the only gig in town, so I guess that explains the price.
Valued Member
arsave's Avatar
United States
225 Posts
 Posted 12/15/2010  3:50 pm  Show Profile   Bookmark this reply Add arsave to your friends list Get a Link to this Reply
I haven't sold any, but I picked up a nice Peace dollar for a gift.
Pillar of the Community
United States
511 Posts
 Posted 12/17/2010  12:49 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
You can get a fair price for both sides on this forum. My experiences with the people here have been very positive.
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