Selling Silver Coins At A Coin Show

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Author	Replies: 6 / Views: 1,427
collectorplay Valued Member United States 137 Posts	Posted 09/06/2011 5:37 pm I am going to attend a coin show this weekend and have a few BU/AU silver quarters and dimes that I have duplicates of. I am considering selling them to a dealer at the show and I've never done this. How can I get the best deal for them? Compare buy quotes from other dealers and take the best one? Do the date of the coins make a big difference? (considering the silver content and current price of silver) I just want to get the most I'm due for them. Thanks for any suggestions. Report this Post to the Staff

CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 09/06/2011 5:49 pm Not to disuade or discourage you, but I wouldnt be surprised if you get somewhere around melt for these coins unless you have key dates. Hopefully I am wrong, but with the way silver prices are now, you may not get much of a premium for the numismatic value. Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 09/06/2011 6:27 pm I've had poor luck selling to dealers at coin shows. I don't even consider it anymore. Most of the shows I go to it seems the dealers have come to an agreement on what they are going to pay for silver and its usually around 70% spot. I get a better deal taking it in to the B&M stores owned by the same people at the show. Sometimes they will cut you a deal if you are trading but even then its hit and miss. Report this Post to the Staff
Coinstar Pillar of the Community United States 1510 Posts	Posted 09/06/2011 6:43 pm better off selling here--prob get a better deal Retired USAF 1983-2003 Report this Post to the Staff
Penny4Me Pillar of the Community United States 745 Posts	Posted 09/06/2011 9:32 pm better off selling here, but need 250 posts go to about 10 dealers and see which gives you best price. see waht silver spot price is before going...if it is $45 SELL @ $35 HOLD and wait for next show Edited by Penny4Me 09/06/2011 9:36 pm Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 09/07/2011 11:06 am Actually not an easy question since you didn't mention dates or mint marks. If those are coins a dealer needs or wants, could become a decent profit. If just normal coins that are common, most dealers are at a coin show to make money, not spend. Of course the place and type of coin show is rather important. Really small, neighborhood type shows are not a good place to sell coins of any kind, usually. Really large shows give you the oppertunaty to find a dealer that wants those coins. Report this Post to the Staff
jbuck Moderator United States 188342 Posts	Posted 09/07/2011 1:25 pm Quote: Sometimes they will cut you a deal if you are trading but even then its hit and miss. I have never sold any of my excess silver, but I have traded it. Because the dealer is moving inventory, they tend to provide a better deal. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 6 / Views: 1,427

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