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$1200 Face in circulated Mercs...

WindycityWindycity Posts: 3,607 ✭✭✭✭✭
Should I buy it as buld silver at today's price?
<a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website

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    curlycurly Posts: 2,880 ✭
    Lets make a deal. I won't tell you how to lose your money and you won't tell me how to lose my money.image
    Every man is a self made man.
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    carlcarl Posts: 2,054 ✭
    Not even slightly understanding your question. Are you saying someone offered you that much Mercury dimes for silver cost. What condition are the coins in? How much are you supposed to pay for it? The Silver price varies from day to day. Are you going to be offered different prices each day? What do you mean by Circulated? An AU is circulated. Are you going to be allowed to look them over first? Might be mint errors, 16D's, 21's, etc or maybe a big pile of almost dateless dimes. Need more information.
    Carl
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    BigEBigE Posts: 6,949 ✭✭✭
    How much do they want for the 1200.00 bag, around 6K?--------BigE
    I'm glad I am a Tree
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    SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    No way, I would not buy at spot right now.
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    yesterdays bid on 1 k bags was 7214.35
    image
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    michaelmichael Posts: 9,524 ✭✭✭
    8640.00 silver melt today march 2 2006 for 1200 face in mercs if the coins are not below fine

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    orevilleoreville Posts: 12,431 ✭✭✭✭✭


    << <i>8640.00 silver melt today march 2 2006 for 1200 face in mercs if the coins are not below fine >>



    Normally I would agree with this comment but if they were 1916-1931 issues in G and better, I would gladly pay $8640 for those too!
    A Collectors Universe poster since 1997!
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    The spread between spot buy and spot sell for 90% melt, especially with Mercs and Walkers, is not that large - if you don't mind tying up the money, why not?

    I don't know of anybody, including SamByrd, who has a crystal ball on what silver is going to do in the coming months or years. Hindsight, as always, will be 20/20.

    Do you want to spend the next few weeks going through them? Smoe people find that fun.

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