Selling junk silver at coin shows?

Comments

• SilverEagles92 Posts: 6,787 ✭

  September 15, 2007 4:01AM

  If you've only got a handful of silver, most dealers won't bother. But if you have a large amount you want to sell, many would be willing to take them off your hands.

  
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• Bochiman Posts: 25,789 ✭✭✭✭✭

  September 15, 2007 4:03AM

  Some more than others and, as always, if they are that interested or don't have a quick flip set for it will likely not pay that much

  I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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• STONE Posts: 15,275 ✭

  September 15, 2007 4:07AM

  Chicago Coin Co. is a primary buyer in raw junk silver coins. I know they like bulk, but I also know that they will buy just about any amount.

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• DaveG Posts: 3,535 ✭

  September 15, 2007 4:08AM

  If you're talking about the really big coin shows (Long Beach, Baltimore, etc.), then you'll want to find a dealer who drove to the show instead of flying.
  
  There's almost always a bullion buyer or two at any coin show - just ask around. If you offer your "junk silver" to a dealer who's not interested in it, he'll usually be willing to direct you to the guy who's buying.

  Check out the Southern Gold Society

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• Russ Posts: 48,514 ✭✭✭

  September 15, 2007 4:16AM

  Since bullion is a high volume, slim margin area, larger amounts will generally get you a better multiplier from a dealer. My local dealer pays pretty strong for 90% so, rather than bother with shows, I just tuck away the stuff that comes in dribs and drabs until I have enough to get his best offer.
  
  Russ, NCNE

  eBay consignment sales | | Collectibles from Resco CCC

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• TwoSides2aCoin Posts: 44,993 ✭✭✭✭✭

  September 15, 2007 4:42AM

  ...but a good loupe or an eagle eye can still find anomalies in "junk". So define this junk please. For me, each coin stands on it's own merit.
  Collectors will always fill a slot.

  ``https://ebay.us/m/KxolR5

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• CaptHenway Posts: 33,777 ✭✭✭✭✭

  September 15, 2007 4:52AM

  
  
  << <i>Chicago Coin Co. is a primary buyer in raw junk silver coins. I know they like bulk, but I also know that they will buy just about any amount. >>
  
  
  
  Hey, we buy it too......
  
  TD

  Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.

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• seemyauction Posts: 3,655 ✭

  September 15, 2007 5:24AM

  Most wholsale dealers are bullion buyers too.....
  
  AL

  CoinZip.com

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• CaptHenway Posts: 33,777 ✭✭✭✭✭

  September 15, 2007 6:33AM

  Just remember, we sell what we have in the store in $50 increments at melt, so we have to pay less than melt.
  TD

  Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.

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• rooksmith Posts: 1,343 ✭✭✭✭

  September 16, 2007 1:47AM

  How many coins actually are melted if they are bought and sold "below melt" - just curious..

  “When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers

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