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So, what are your local dealers paying today

X face for 90% silver?

I went to an estate sale today and they wanted 10 X face for circulated 90% silver coin, and $25.00 each for well circulated common morgan and peace dollars.

Jim

Comments

  • alfalfaalfalfa Posts: 275 ✭✭
    I just got back from the Santa Clara Expo where one dealer had a sign taped to the lamp on his table which listed his buy prices for silver. He was paying $7.95 per dollar face and $11 each for one ounce rounds.

    RJ
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>...

    I went to an estate sale today and ... >>




    There's your answer. Estate companies are a BIG rip off. IMHO
    Collecting coins, medals and currency featuring "The Sower"
  • DeadhorseDeadhorse Posts: 3,720


    << <i>I just got back from the Santa Clara Expo where one dealer had a sign taped to the lamp on his table which listed his buy prices for silver. He was paying $7.95 per dollar face and $11 each for one ounce rounds.

    RJ >>



    That's a healthy buy price on the 90%, most brick and mortar shops are around 7.7 to 7.8 on the high side. Depends on quantity.

    That's also too cheap on the .999 rounds, $11.20 to $11.25 seems to be the going rate around here. Higher on 10 and 100 ounce bars.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • JJMJJM Posts: 8,037 ✭✭✭✭✭
    6 or 7x face is about right now I think
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  • DeadhorseDeadhorse Posts: 3,720
    I'll happily pay considerably more than 7X to any board member who wants to sell.

    PM me. image
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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