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 Replies: 21 / Views: 3,949 |
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Pillar of the Community
United States
3276 Posts |
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Pillar of the Community
 United States
3276 Posts |
would they be worth a little less in silver if they are worn/ graded Good?
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Moderator
 United States
6563 Posts |
It's right below CURRENT melt price. It's up to you but if the market goes way down you'll lose the investment and if it goes up do you think you'll be able to spin it for a profit?
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Pillar of the Community
United States
3276 Posts |
i don't think melt is going to go down that much anytime soon. and if it does drop then it will go back up. that's just what I believe. I guess my question is... based on current prices is this a good deal? well I guess my question is obvious since it is priced below melt :/
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Rest in Peace
United States
4849 Posts |
In spite of the fact that buying off craigslist is risky, I'd say in a perfect world, that would be a great deal. Melt is over $36 per coin, and morgans/peace dollars usually have a bit of a premium.
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Pillar of the Community
United States
3276 Posts |
in what sense would this be risky? in case they are fake? or in case I get jumped and robbed? lol.
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Pillar of the Community
United States
759 Posts |
"in what sense would this be risky? in case they are fake? or in case I get jumped and robbed? lol."
Mostly the latter, a bit of the former.
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Valued Member
United States
61 Posts |
I just sold 3 Peace dollars to my local coin store for $33 each today. Seems like a decent price. I think melt is about $36+/-. There are certainly more wasteful things to spend $300 on.  |
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Pillar of the Community
United States
1126 Posts |
A couple of good ideas
Meet in a public place,
Bring a magnet and a set of scales along with a Loupe
and if possible a friend.
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Valued Member
United States
213 Posts |
Yes, bring a magnet, a scale, a Loupe, and a friend, and meet at Denny's. That's a good plan.
The Danester
Edited by Danester
04/22/2011 8:10 pm
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Pillar of the Community
United States
3276 Posts |
magnet should or shouldn't stick to it?
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Pillar of the Community
United States
4778 Posts |
Shouldn't stick. It would mean it is fake
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Bedrock of the Community
United States
14454 Posts |
only US coin I can think of that is magnetic is the steel Lincoln Cent, anything else should never attract even a little to a magnet |
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Valued Member
United States
314 Posts |
Do not go to Denny's. Meet them at a bank. Security cameras everywhere.
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Pillar of the Community
United States
3276 Posts |
got them. $230 for 10 Peace dollars which hold melt value currently at $260. I thought it was a decent deal. |
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Pillar of the Community
United States
594 Posts |
I just checked the spot price on those and it's $369.16.  Edited by KenRingold
04/23/2011 5:11 pm
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Replies: 21 / Views: 3,949 |
Posted 04/21/2011 5:32 pm
