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Actual Buy/Sell Prices With The Rising Spot

ProofmorganProofmorgan Posts: 983 ✭✭✭✭✭
in Precious Metals

I've started finding opportunistic buys at antique shops where they can't keep up with the rising prices. XF-AU Morgan, 90% silver mint set coins, etc are all $5 or so below spot per oz at these locations now. Could I even sell them for what I'm paying at this point or are the big buyers and dealers overly conservative?

Example: Morgans/Peace for $50-$55, 64 Kennedys at $20, 90% dimes at $4.50, and mint set silver dollars at $45.

Thoughts?

Collector of Original Early Gold with beginnings in Proof Morgan collecting.

Comments

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    WingsruleWingsrule Posts: 3,312 ✭✭✭✭

    As of right now, 90% melts at 50.7x, so $20 for a ‘64 half would be a deal.

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    blitzdudeblitzdude Posts: 7,764 ✭✭✭✭✭

    You won't be selling at those prices unless you want to fumble around on ebay like CARR. Then of course you've got fees, free shipping, scams etc. Hardly worth the effort imo. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

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    coastaljerseyguycoastaljerseyguy Posts: 2,151 ✭✭✭✭✭

    Common date circulated Morgans in the low $50 is a great price to sell.

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