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  1. #1
    us
    Oct 2008
    Tampa, FL
    24

    How much to pay for silver quarters...?

    Seems as though ebay prices exceed 10x face right now, although spot is around $2.40 each. Is paying 10x face too much - basically paying retail or above?

    The purpose for my question is negotiating the purchase of 10 rolls of silver quarters, sight unseen.

    Insights appreciated.
    Take me on - awesome game (Mybrute)
    http://obamas-foreskin.mybrute.com

  2. #2
    seger98

    Re: How much to pay for silver quarters...?

    I don't hesitate to buy any silver coins at 10 X face. But I like to see what I'm buying first, you don't want to be buying slicks. Also, what kind of quarters are they? Washingtons, Barbers, SLQ?

  3. #3
    us
    Oct 2008
    Tampa, FL
    24

    Re: How much to pay for silver quarters...?

    Quote Originally Posted by seger98
    I don't hesitate to buy any silver coins at 10 X face. But I like to see what I'm buying first, you don't want to be buying slicks. Also, what kind of quarters are they? Washingtons, Barbers, SLQ?
    I agree that I won't be buying slicks, and I will have an opportunity to inspect when buying. I don't know anything else other than this individual has 10 rolls of silver quarters from various years. Hopefully some SLQ's or Barbers will be included. But even assuming that they are all Washingtons in reasonable circulated condition, I wanted to make sure that I wasn't overpaying.
    Take me on - awesome game (Mybrute)
    http://obamas-foreskin.mybrute.com

  4. #4
    seger98

    Re: How much to pay for silver quarters...?

    No, I really don't think you'd be over paying at 10 X faces, if there is more SLQ & Barbers then you thought, you might want to offer a little more for those! JMO

  5. #5

    Mar 2008
    Chicago IL
    Minelab_Explorer_SE_Pro w/ SunRay pinpointer & Garrett_Ace250
    7,326
    9 times
    All Types Of Treasure Hunting

    Re: How much to pay for silver quarters...?

    10x face is good, but sight un-seen, I would ask for some kind of return or discount if they are slicks.
    Come check out my MD'ing videos:
    http://youtube.com/user/TreasureFiend

  6. #6
    us
    Dec 2004
    Troy X5
    7,144
    4 times
    All Types Of Treasure Hunting

    Re: How much to pay for silver quarters...?

    All animals are equal, but some are more equal then others. -George Orwell

  7. #7
    us
    Oct 2008
    Tampa, FL
    24

    Re: How much to pay for silver quarters...?

    Thanks for the link. I was already aware of coinflation. I guess the general question is related to the fact that silver is selling (ebay/locally) above spot/melt right now. Didn't know how much it made sense to pay those prices.
    Take me on - awesome game (Mybrute)
    http://obamas-foreskin.mybrute.com

  8. #8
    us
    Jul 2004
    Shelbyville or any yard where the owner will let me detect!
    ace 250
    19,775
    3 times
    Metal Detecting
    Banner Finds (1)

    Re: How much to pay for silver quarters...?

    10x the face value is about right...
    ALLEN

 

 

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