Home Precious Metals

Another PM source

I was at a local antique mall today. Most of the time with any coins or anything like that there are usually no deals to be had. One of the vendors had a 50% off sale (except on things marked "firm"). Of course, there were a couple 1921 Morgans marked $19 firm but then I saw a 1 oz ASE; I filp it over and the price tag says $24 and it wasn't marked "firm". Anytime I can pay $12 + tax for 1 ounce of silver is a good day.

Of course, all of the Kennedys and quarters were all marked firm but I still feel good for finding one deal!

Comments

  • CaptHenwayCaptHenway Posts: 32,245 ✭✭✭✭✭
    Be careful, or the CUIP (Collectors Universe Indignant Police) will be all over you for buying something for less than 100% of its worth........
    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.
  • <<Be careful, or the CUIP (Collectors Universe Indignant Police) will be all over you for buying something for less than 100% of its worth........>>

    Will the CUIP report him to the IRS for capital gains tax on his greedy capitalistic profit; so he can share the wealth with those less fortunate.image
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>I was at a local antique mall today. Most of the time with any coins or anything like that there are usually no deals to be had. One of the vendors had a 50% off sale (except on things marked "firm"). Of course, there were a couple 1921 Morgans marked $19 firm but then I saw a 1 oz ASE; I filp it over and the price tag says $24 and it wasn't marked "firm". Anytime I can pay $12 + tax for 1 ounce of silver is a good day.

    Of course, all of the Kennedys and quarters were all marked firm but I still feel good for finding one deal! >>






    You knowingly screwed the guy. Please return ASAP image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Nope, dealers or those playing dealer by setting up at shows, flea markets, etc are considered "in the trade" and are fair game once they post a price. These same people are no doubt buying at even lower levels from the public so to see them not get the majority of the spoils is actually refreshing.

    Flea markets or antique/gun/misc collectible shows are often prime ground for finding coin deals. I recall back a number of yrs when a friend of mine found a choice Unc no motto $5 Lib at an antique show being offered as AU for <$500. It was worth around $6,000 after it slabbed out as MS63. And many more deals ensued from that same dealer as he continued to get coins in over the next 1-2 yrs. Sadly, the gravy train came to an end as the market steam eventually subsided.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
Sign In or Register to comment.