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ok, going to store tomorrow with silver!

KUCHKUCH Posts: 1,186
in Precious Metals
Well, it's time I discover if local grocery will take silver coins as payment. Going to buy a loaf of bread, will take in commen silver and say it is worth 12X face value. Bread = $1.20 then 2 ea mercury dimes = $1.20

Predictions on outcome?image

Comments

  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭
    They will take your coins but only take them at face value.
  • SeaEagleCoinsSeaEagleCoins Posts: 3,262 ✭
    they will call in the Secret Service for suspicion of counterfeiting ... imageimageimage
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • AgBloxAgBlox Posts: 744 ✭✭
    May work @ a small mom/pop shop.
  • SilverBaronSilverBaron Posts: 767 ✭
    No telling buttttt I will be interested in the outcome!!
    Silver Baron
    ********************
    Silver is the mortar that binds the bricks of loyalty.
  • keepdachangekeepdachange Posts: 1,374


    << <i>Predictions on outcome?image >>



    You will be handcuffed and escorted out into an awaiting patrol car. image
    "If you hit a midget on the head with a stick, he turns into 40 gold coins." - Patty Oswalt
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Good Luck, KUCH. This is excellent research at the ground level but you might need to load up about $40 worth of groceries and throw a couple of SAE's on the counter. Can't wait for your next post!
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Even better, buy a butt load of groceries,pay with a 1/2 oz AGE and hold your hand out for the hundreds of dollars in change.imageimage
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    1/2oz AGE has a $25 face value on the coin.

    Kids today can't even make change.

    I'd say 2 - mercury dimes will be a much safer route!
    Avid collector of GSA's.
  • KUCHKUCH Posts: 1,186
    Like the predictions and suggestions. Now I'm even more curious/anxious to see how this plays out. New plan... first grocery stop will be a medium size store (5 stores in 2 counties) and we'll see what they do. Then I'll stop at small Amish Mom and Pop and Buggy store and see what they do. I should be able to post the results of tomorrow's commen silver trading/barter experiment around 3 pm CST.

    image
  • cinman14cinman14 Posts: 2,489 ✭


    << <i>Bread = $1.20 then 2 ea mercury dimes = $1.20

    Predictions on outcome?image >>



    Is that Obama math? image

  • RedHerringRedHerring Posts: 2,077 ✭

    I'll give you $1.20 for the two silver dimes now. Do you take PayPal? image
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Why would the accept it for anything more than face value?

    Take in a PCGS MS65 1914-d and see if they value it at more than a cent.

    They're not a coin shop or a precious metals exchange.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • yellowkidyellowkid Posts: 5,486 ✭


    << <i>Why would the accept it for anything more than face value?

    Take in a PCGS MS65 1914-d and see if they value it at more than a cent.

    They're not a coin shop or a precious metals exchange. >>

    image


    Absolutely.
  • cinman14cinman14 Posts: 2,489 ✭


    << <i>I'll give you $1.20 for the two silver dimes now. Do you take PayPal? image >>



    image
  • Norseman88Norseman88 Posts: 962
    Are you serious???
  • PerryHallPerryHall Posts: 46,238 ✭✭✭✭✭


    << <i>Well, it's time I discover if local grocery will take silver coins as payment. Going to buy a loaf of bread, will take in commen silver and say it is worth 12X face value. Bread = $1.20 then 2 ea mercury dimes = $1.20

    Predictions on outcome?image >>



    If you are serious, I hope they call the cops on you.



    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

  • dino2008dino2008 Posts: 341 ✭✭
    I'll trade you a loaf of bread for the dimes??image Good luck I'll be watching for you on the next episode of COPS
  • JamesMurrayJamesMurray Posts: 4,036 ✭


    << <i>Well, it's time I discover if local grocery will take silver coins as payment. Going to buy a loaf of bread, will take in commen silver and say it is worth 12X face value. Bread = $1.20 then 2 ea mercury dimes = $1.20

    Predictions on outcome?image >>



    You wont be making many sandwiches , they would accept them at face value leaving you a dollar short.If you expect them to be taken as legal tender then its face value.You cant expect a barter system to accomodate you.Why would they take your price of 12x if they are the recieving party its them that set the value , and they are going to say 1x , you can take that to the bank.
  • Kd5ddoKd5ddo Posts: 208 ✭
    I think you might have some luck in the "small Amish Mom and Pop and Buggy store" but doubt you will get anywhere in the other store... Bring the camera and take a tic of the cashers face when you lay the Mercs on the counter...
    Remember that the market can stay irrational longer than you can stay solvent.

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  • DoubleEagle59DoubleEagle59 Posts: 8,325 ✭✭✭✭✭
    not a chance they'll take it as 12X face.

    at best 1x face.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭


    << <i>I should be able to post the results of tomorrow's commen silver trading/barter experiment around 3 pm CST. >>

    Well? Inquiring minds want to know! image
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Seems like results may be ~Not to GOOD!~image
    Avid collector of GSA's.
  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭


    << <i>Seems like results may be ~Not to GOOD!~image >>

    He's probably still trying to explain to the clerk and local yocal Sherrif rookie that the US used to make coins out of silver a long time ago LOL
  • JamesMurrayJamesMurray Posts: 4,036 ✭


    << <i>

    << <i>Seems like results may be ~Not to GOOD!~image >>

    He's probably still trying to explain to the clerk and local yocal Sherrif rookie that the US used to make coins out of silver a long time ago LOL >>



    I shouldnt laugh , but thats funny image
  • cohodkcohodk Posts: 19,188 ✭✭✭✭✭
    Hope he took a silver quarter with him to make a phone call.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • pragmaticgoatpragmaticgoat Posts: 857 ✭✭✭


    << <i>Hope he took a silver quarter with him to make a phone call. >>




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