Question about selling common 90 percent silver
delistamps
Posts: 714 ✭✭✭
I've got nearly $120 in face value US coins; the bulk are quarters. Welcome advice on selling online vs at a coin show (Chicago ANA, Massachusetts Bay State). What should I reasonably expect to get compared to spot (e.g., spot minus X%)? TIA
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Comments
Call around
Thanks, I started to call some Brick & Mortar shops and received buy quotes like $16.00 per dollar when melt is at $19.00. I thought that was a pretty steep discount, so I posted the question here to see what active buyers are paying at shows or on the BST forum.
I think it’s over 20x face here.
Around 20x right now.
Buy-Sell-Trade. Post a few photos and what you consider to be a fair asking price, and how you want payment and you'll likely be very pleased.
First, unless you're selling this is best posted to the general coin forum. Post a picture, it'll probably sell it you're reasonable.
Agree, should reasonably expect around 20 times face... halves may have a small premium. Sold all dimes at 20X about a month ago and all halves about a week ago at $20 - spot was very near what it is today. These were dealers paying this price... some may not be as generous just keep looking. I personally wouldn't sell for less.
I own a ton of Walking Liberty Halves - that's what I generally picked up over the years. I would probably post those up on BST here but might want a bit more for those.
Mark
As others have said they will sell here on BST. If you do plan on attending the Chicago ANA or Mass Bay State Show that would also be a good place to sell and expect to get paid in cash, no shipping cost and no return problems at a show. Either option will probably net you very near if not over spot.
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