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34 Kg Quarters ( Most 1940-S ) For 220?

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Imohtep's Avatar
Canada
321 Posts
 Posted 09/09/2011  7:33 pm Show Profile   Bookmark this topic Add Imohtep to your friends list Get a Link to this Message Number of Subscribers
do you guys think $220 for 34 king george quarters ( most 1940s ) is a good deal?"
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Canada
9865 Posts
 Posted 09/09/2011  7:39 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
No
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Canada
617 Posts
 Posted 09/09/2011  10:22 pm  Show Profile   Bookmark this reply Add EastVanRob to your friends list Get a Link to this Reply
Would be a good deal if they were all MS63 or better.

But most likely they're just bullion, so no.
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Canada
1984 Posts
 Posted 09/09/2011  10:25 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
40 just sold on ebay for 204 I think it was
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twoplustwo's Avatar
Canada
287 Posts
 Posted 09/10/2011  2:40 pm  Show Profile   Bookmark this reply Add twoplustwo to your friends list Get a Link to this Reply
I wouldnt pay much more than $150 for those Imohtep
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Imohtep's Avatar
Canada
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 Posted 09/10/2011  4:25 pm  Show Profile   Bookmark this reply Add Imohtep to your friends list Get a Link to this Reply
offered him $160 and he declined saying the coin dealers by him would pay more then that hahaha
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swrbxxx's Avatar
Canada
834 Posts
 Posted 09/10/2011  11:28 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
Most coin dealers here would pay more than $160 for that. I get 20x face for quarters all day long
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MrCanada's Avatar
Canada
650 Posts
 Posted 09/11/2011  12:46 am  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
The way I would look at it would be 40pcs@5.83 grams=233grms /28 to end up with,what my calculator says is strangly 6.66 ounces of silver. Kitco as of this post was $41.00ca so bullion value would be appx. $260.00.Then shipping cost, an everyone wants a deal should be interesting to see the end price.
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swrbxxx's Avatar
Canada
834 Posts
 Posted 09/11/2011  01:09 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
I would have offered the guy $180-$190
considering spot is $41.46 there is 5.1oz of pure silver with a value of $211.45.
But then again a lot of people are cheap when making offers to buy ... but when it comes time to sell they want top dollar
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Canada
617 Posts
 Posted 09/11/2011  01:44 am  Show Profile   Bookmark this reply Add EastVanRob to your friends list Get a Link to this Reply
One large coin dealer's current posted buying price is $21.46 per dollar of face value for 80% junk silver. That works out to $182.41 for 34.
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