Look what comes in when Silver prices start moving!!

jdimmick

Recently becuase of the silver prices moving upward, Hundreds and even thousdands of dollars in 90% have been coming through locally. Most of the time its circulated junk, but on occasions, better quality pieces come in with bulk 90% and includes a few cherries? My local shop has to flip them, becuase the amount of capital it takes to buy and hold is quite large. So most of the time this stuff doesnt even get searched. So when I am there, I get to look through it quickly?

Here are a few Rosies that came in yesterday?

The other day it was choice Ms franklin Halves including a 48-s, several 55's, a 54-s and 53-s? (and i am not talking about Ms-60's either??

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numonebuyer

I love to hear these stories. One day stories like this will be few and far between.

Bikingnut

Man thats a nice 47S dime.

cladking

<< <i>Man thats a nice 47S dime. >>



Indeed!

Shamika

It bears to be repeated: Nice 47-S!

DHeath

Jim,

You suck.

kieferscoins

You melted them?

Cameron Kiefer

jdimmick

No,

I saved them from the melting pot as that is where they were heading. All this stuff bought a 4x face!

elwood

<< <i>All this stuff bought a 4x face! >>



Wow!!! I thought 90% was worth over 5X face. Like 5.3-5.5???

jdimmick

The local dealers here pay 4x face, then sell it weekly to the wholesalers at 4.8x currently who in turn sell it at 5.2?

They make a ton, becuase it comes in by the thousands per week?