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What would you pay for 90% dimes

ProofCollectionProofCollection Posts: 6,048 ✭✭✭✭✭
in Precious Metals
I have a chance to buy 34 rolls of pre-1964 silver dimes. I don't know what kind of condition they are in, so I have to assume typical G/VG/F junk dimes.

What would you pay for these at the current spot price and at that quantity? 8x? 9x? 10x?

Comments

  • FishyOneFishyOne Posts: 376
    9X face would be a good price for junk. If they're AU/BU condition I might go 10X.

    It's your call but 34 rolls for $1,500 would be a good deal to me.

    image
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Are you buying from a store or a private individual? Stores in my area charge 10x face value if you buy from them but will give you 7x if you sell to them. If its an individual you could see if they would take 7-8x face value.


    Mike
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • fcfc Posts: 12,793 ✭✭✭
    since melt is 93 cents each i would lop off 15% of that.

    about 8 times face.
  • jsfjsf Posts: 1,889
    I'm sure you could get pre-65 dimes much cheaper. image
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    it depends....do you think silver will get back to $16-17 soon? are you going to flip or put them away and forget about them?

    i'd pay as little as i could

    8x would be a good price.

  • unknowncomicunknowncomic Posts: 945 ✭✭
    Silver is going to go lower than it is today. I would offer 7.5 times face.
    Molon Labe
  • jmski52jmski52 Posts: 22,795 ✭✭✭✭✭
    You won't get them for less than 9.4X.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>You won't get them for less than 9.4X. >>



    wait a few days then and watch silver tank some more.
    8 times face today, 7 times face tomorrow.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>

    << <i>You won't get them for less than 9.4X. >>



    wait a few days then and watch silver tank some more.
    8 times face today, 7 times face tomorrow. >>



    and back in circulation.....later this month!!!!

    image
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    Man I'd like to buy silver at 15% back of spot

    https://www.ebay.com/str/christyscoins
  • fcfc Posts: 12,793 ✭✭✭


    << <i>Man I'd like to buy silver at 15% back of spot >>



    if dealers buy silver and sell it to a smelter.. how do you expect them
    to make money if they buy at spot that day?

    the problem with collectors that get involved with buying is that
    they do not think like a dealer.

    who in their right mind would want to pay 18 dollars for a cull/ugly morgan? oh yea, collectors.... sigh ;-)
  • CaptHenwayCaptHenway Posts: 32,093 ✭✭✭✭✭


    << <i>

    << <i>Man I'd like to buy silver at 15% back of spot >>



    if dealers buy silver and sell it to a smelter.. how do you expect them
    to make money if they buy at spot that day?

    the problem with collectors that get involved with buying is that
    they do not think like a dealer.

    who in their right mind would want to pay 18 dollars for a cull/ugly morgan? oh yea, collectors.... sigh ;-) >>



    Too many people think we are a public charity.
    These are often the same people who walk in, pick up a Coin World or Numismatic News, fold it up and say "These are free, right?"
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • COINB0YCOINB0Y Posts: 4,505
    Better put up a bigger sign next to the magizine rack ;>

    What do they think you are a Hampton Inn?
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