Coin Pricing With Silver Higher
DollarAfterDollar
Posts: 3,214 ✭✭✭✭✭
Haven't seen a price guide recently since the run up in gold and silver because there's nothing much going on in my area. Are widget prices rising as well? The last grey sheet I got has common date MS 64 Morgan's at $51. I have to assume they are higher now, no?
If you do what you always did, you get what you always got.
0
Comments
I've noticed those trading on places like GC somewhat north of $60, particularly if you factor in the vig and shipping.
The bid gets to around $48-55 (around grey sheet bid), but then one has to add the other costs.
What is vig?
Yes as silver rises generic dollar basal value will rise. Buyers aggressively bidding them up. I have about sold out of Star Wars Niue Silver Coins. Mexico onzas also hot. If referring to some price guide price you should research what silver price it’s based on and calculate accordingly what you will bid based on change in BV. When shows come back want rolls of ASE.
Lately been buying generic 65 & 64 slabbed Morgan’s....plus slabbed world gold like from the Nordic hoard - lots low pop coins. Time to invest may be now. Slabbed MS69 AGB and Saints close to melt being Sought. One client putting together PCGS Oregon Trail 50c set MS64-66.
Vigorish.
Haven't heard that before and I lived in Vegas and Laughlin. Thanks.
They crept up post-covid even before the silver run-up. I haven't noticed any increase in 64 Morgans that is traceable to just silver.
Thanks, I assumed everything was starting the slow climb up so this is helpful until I get my hands on a fairly current Grey Sheet. This should also help to move some dormant inventory some are holding onto because they were in too deep.
I'm loving every second of this market. I really think I have some kind of learning disability or autism or something, because this is the fifth time in my life I've dived into a market and beat its ass by paying attention to everything but how its supposed to work.
I thought about it the other day. I've built empires in video games and been rich in every sense except like, real life. I've made so much in so many games trading people would pay me RL money since 1993 when I was 9 years old. I always won those stock contests and math things in school too but man napkin math is hard and I failed it in college 3 times.
Needless to say. This is fun. I'm "ignoring" tickers. Coins are realizing their true values outside of market manipulation. I dont care if this takes years off my life. The patterns in the way these things work I mean, I'm no savant, but wow. It's not hard to make a few saved searches and scan half paying attention. Okay this really does sound like aspergers or something.
Anyway, I guess I hope others are paying attention to the true value of things and not what rich people say your stuff is worth.
Also, this market is so haywire, you can buy in 5k or whatever and by the time the stuff shows up relist it for 99 cents and laugh your way to the bank. I just did this with a bunch of UK silver I still know nothing about and long since sold. Highly recommended. I laugh almost every day lately how fun, abundant, and easy this is hahaha. The amount of easy money out there just keeps astounding me day after day after day.
I've done it every week the last six weeks and I can't believe it hasnt slowed or stopped or crashed... so I doubled down again. For real, as long as you get $3 or so back of this weekends silver, relist it for 99 cents it's like 5 to 25 free bucks every week for any silver you want! Pick one, all, anything. It all works.
The widget market is the best I have ever seen it. That excites me because we will get all sorts of new people joining the hobby. It's literally tens of millions buying in just this year. I could smile all day about that.
@Azurescens.... Good for you.... I like to read posts from people who are excited in a positive way.... Best of good fortune to you .... Cheers, RickO