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11x face for junk silver?

Am I missing something here?

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  • morganbarbermorganbarber Posts: 1,821 ✭✭✭
    The only thing I can speculate on is that the paper on the rolls looks really old. Perhaps someone is expecting "keepers" and not just silver for melt value.
    I collect circulated U.S. silver
  • i smell some shills !
    image
  • pontiacinfpontiacinf Posts: 8,915 ✭✭


    << <i>i smell some shills ! >>



    no, that was, oops

    im sorryimage
    image

    Go BIG or GO HOME. ©Bill
  • PerryHallPerryHall Posts: 46,346 ✭✭✭✭✭


    << <i>

    << <i>i smell some shills ! >>



    no, that was, oops

    im sorryimage >>

    image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • SlangNRoxSlangNRox Posts: 774 ✭✭
    Maybe the bidder thinks that they are from that hoard of coins that came out of Hawaii. It looks like the paper wrapper might say bank of hawaii.
  • rec78rec78 Posts: 5,747 ✭✭✭✭✭
    no, --people have heard that silver is over $10.00 an ounce and think that means silver coin. Guess they are in for a big disapointment !!
    image
  • rec78rec78 Posts: 5,747 ✭✭✭✭✭
    i meant to say they think that it means silver coins are over $10.00 per dollar.
    image
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    So scrap is about 7x face. I know this may be purely auction hype but many of the Franklins look at least AU (yes, the best 3 are likely on top) and there are walkers too, which are in better than average circ condition. SOmeone has greed fever and thinks they may find something of worth in there.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • CameonutCameonut Posts: 7,308 ✭✭✭✭✭
    That's nothing.
    Coin Vault is offering AU Morgans for only 20x face right now - show one nice slider and hype up the rest. And they are telling people to buy because silver is at a 26 year high!

    'Dem bums.


    Ooh ooh - you can get a 2006 ASE in a NGC 70 ultra holder for only $200. Not.

    There, I feel better now that I turned it off.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

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