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Pawn store reopened today for fist time in weeks. Silver @12X face

DNADaveDNADave Posts: 7,277 ✭✭✭✭✭
in Precious Metals

I gotta say I’m tempted to pick up about $50 face for 600.

They had a raw 2016 gold mercury for 188.

Anybody buying at those prices?

Comments

  • MsMorrisineMsMorrisine Posts: 33,239 ✭✭✭✭✭

    if the gold merc came with all the accoutrements, then it is an ok price

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  • DNADaveDNADave Posts: 7,277 ✭✭✭✭✭

    Sadly just a 2x2. If the ogp was there I probably would have bought that.

    The silver was a nice mix of quarters halves and dimes in 5 dollar face bags.

  • MorganMan94MorganMan94 Posts: 1,330 ✭✭✭✭✭

    If the gold Merc comes with all the packaging it is a great buy. Saw one sell the other day on FB for $230 and another on Bullionstacker at $220.

  • blitzdudeblitzdude Posts: 5,959 ✭✭✭✭✭

    12x face is better than MOST current eBay auctions. I'd be tempted maybe at 10x but currently holding more silver than I ever hoped to have. Premiums are certainly coming down. Suspected the market will be flooded very shortly.

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  • DNADaveDNADave Posts: 7,277 ✭✭✭✭✭

    @blitzdude said:
    12x face is better than MOST current eBay auctions. I'd be tempted maybe at 10x but currently holding more silver than I ever hoped to have. Premiums are certainly coming down. Suspected the market will be flooded very shortly.

    That’s kind of where I’m at. I have a pretty large stack right now. But also some extra cash since I’ve been Living under austerity for the past few weeks.

  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    Agree with: silver premiums are coming down, along with the price of silver.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    That gold Merc would be an OK buy at that price, if authentic and in upper MS condition. Cheers, RickO

  • ashelandasheland Posts: 23,231 ✭✭✭✭✭

    Seems a decent price...

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  • JTHawaiiJTHawaii Posts: 107 ✭✭✭

    Would buy the junk at 12x face, that’s a good price right now.

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  • rte592rte592 Posts: 1,689 ✭✭✭✭✭

    All Silver, depending on condition, at 12x face, close enough to 100 years old, is a buy.
    See what I did there :)

  • WildIdeaWildIdea Posts: 1,877 ✭✭✭✭✭

    The gold merc is cool.

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    @DNADave
    Ill have to check at work tomorrow. I might have a box/capsule for one of those. I know I have an extra for the quarter.

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