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How much times face are dealers paying for silver these days?

DennisHDennisH Posts: 13,990 ✭✭✭✭✭
in Precious Metals
I'm leaving for the FUN show on Wednesday. A buddy is going to join me there who has about $100 face of circ. 90% coins that a neighbor of his wants to sell. He said I can have it for whatever the best "times face" buy price is that we get quoted from dealers at the show.

What numbers should we expect to hear?
When in doubt, don't.

Comments

  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    This doesn't answer your question, but will give you a starting point at least...

    Coin Silver Value Guide
    imageQuid pro quo. Yes or no?
  • carscars Posts: 1,904
    Shop I frequent pays 9x and sells for 13x
    Its all relative
  • DennisHDennisH Posts: 13,990 ✭✭✭✭✭
    Thanks Rick!
    When in doubt, don't.
  • CaptHenwayCaptHenway Posts: 32,093 ✭✭✭✭✭


    << <i>Shop I frequent pays 9x and sells for 13x >>



    I should have some at the store I can sell to a walkin at 10x, so getting 9x is getting top dollar. Might need a bag quantity to get that rate.
    TD
    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.
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    Why do they call it "face value" when the denomination is on the reverse? image

    My Adolph A. Weinman signature :)

  • Norseman88Norseman88 Posts: 962
    I stopped in today at one of the local shops and he would buy 90% at 9.3 times face value.
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