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Did I get a good deal?

PerryHallPerryHall Posts: 46,140 ✭✭✭✭✭
in Precious Metals
At my coin club last night I bought 20 silver rounds for $24 each. They are labeled "silver trade unit" with a set of scales on one side and an eagle on the other side. There is a small "NWTM" which I'm guessing means they were made by the North West Territorial Mint. Did I get a good deal? Do these carry any premium over the usual Happy Birthday or Merry Christmas silver rounds where there is no indication of who made it? He also sold me eight uncirculated 1964 Kennedy halves for $8 each which is close to melt so I'm assuming that was a good deal.

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

Comments

  • collectallcollectall Posts: 202 ✭✭
    fair deal... in my opinion, id have bought them im sure. I buy everything, the unc kennedy halves were a fair swipe in my opinion as well.
    collector of gold and silver bullion..Owner of "aaa trash be gone" buffalo ny
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  • AcesCrackedAcesCracked Posts: 189 ✭✭
    16 times face was a god deal and the rounds were a bit high. I like to find the "generic rounds at a buck over and last night that was close and then this morning silver is down again. Lately it looks like the price wants to break through 23 and gets knocked back to low 22's for no reason. You did OK though.....
    Keep huntin.....
  • DrBusterDrBuster Posts: 5,386 ✭✭✭✭✭
    Generics really on the trade unit ones, no special premium that I've ever seen. I had a bunch of those that I got back in 2000 or 1999, maybe $6 back then if memory serves.

    to add: no problem getting rid of them at all.
  • PerryHallPerryHall Posts: 46,140 ✭✭✭✭✭
    Thanks for the responses so far. Am I the only one here that avoids silver rounds and bars where there is no identifying logo or mark identifying the maker?

    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

  • DrBusterDrBuster Posts: 5,386 ✭✭✭✭✭


    << <i>Thanks for the responses so far. Am I the only one here that avoids silver rounds and bars where there is no identifying logo or mark identifying the maker? >>



    I'm leary now, definitely. The only ones I think I still have like that are some casino middles I got for no particular reason, and 2 valentine ones I got for me and the wife way back when we first got married. Traded all my 'generic' stuff back in '11 for some yellow for just that reason (and the gsr was smoking), now it's mainly gov/namebrand.
  • chumleychumley Posts: 2,305 ✭✭✭✭
    I have a couple of those trade units in my collectible shadow box display on the wall...so to me they carry a premium
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    yes good deal
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  • PerryHallPerryHall Posts: 46,140 ✭✭✭✭✭


    << <i>yes good deal >>



    Yesterday evening it was a much better deal than it is now.image

    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

  • johnny9434johnny9434 Posts: 28,336 ✭✭✭✭✭


    << <i>

    << <i>yes good deal >>



    Yesterday evening it was a much better deal than it is now.image >>

    i saw that earlier today image
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