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Another question about selling "JUNK" silver today

1630Boston1630Boston Posts: 14,155 ✭✭✭✭✭

@blitzdude
I remember sitting in a coin shop 45 years ago, with lines of people coming in to sell silver. The proprietors were weighing the coins on a scale [the scale was hanging from the ceiling] [no real digital scales then].
Today at these prices and premiums, do they just calculate the 'face' value?
thanks
boston

Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

Bad transactions with : nobody to date

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  • blitzdudeblitzdude Posts: 7,560 ✭✭✭✭✭

    @1630Boston said:
    @blitzdude
    I remember sitting in a coin shop 45 years ago, with lines of people coming in to sell silver. The proprietors were weighing the coins on a scale [the scale was hanging from the ceiling] [no real digital scales then].
    Today at these prices and premiums, do they just calculate the 'face' value?
    thanks
    boston

    Yeah, the last 2 batches I sold, they just dumped them in a coin counter/sorter and paid out by face value. They barely even looked to confirm I was actually giving them 90%. Pretty crazy. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • 1630Boston1630Boston Posts: 14,155 ✭✭✭✭✭

    TY @blitzdude
    as I expected
    boston

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

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