My CRH finds have been off so much this month that I wanted to check with a local Pawnshop about buying some silver 10 oz bars and when I went in the customer in front of me was an old man with the entire counter covered with 2 by 2 coin holders. As the broker was going through the collection, I said that must have taken a lifetime to collect and he replied yeah but they were just sitting in the bottom of my closet now. There were 2 big, 20ish, stacks of war nickels as well as smaller stacks of better dates and condition, stacks of Buffalos, and a stack of Liberty nickels along with a whole lot of Wheaties. He said that he had brought the quarters and dimes in last week and now he was getting rid of the last coins that he had. I couldn't tell him I would have paid him 3 times what the Broker probably would give him inside of the guys store so I stood there as he added everything up and said, "21 dollars" and took the cash for what I figure was over 100 worth easy.
When the guy left I asked him what he would sell me some of the war nickels for and he said 80 cents each, so I asked if he would take .75 if I bought 20 of them. He went into the backroom and called someone and asked what he could get for them and came back and said 1.05. I said that's a lot more than 80 cents and he said yeah but that's what I can get for them so I went back to the silver bars. He had one Silvertown in a ripped plastic holder in his case and said he wanted 2 dollars per oz over spot for the bars. He went into the back again and came out with a bag of them and had a nice Engelhard and Johnson Matthey sealed so with spot right near 24 he said 260 a bar. I got him to throw in 2 war nickels if I bought them both which I did. I have had both companies before and when silver is moving they bring spot easy and I needed to replace a few that I had sold closer to and in the 40's.
Someone asked about pawnshops the other day and from today I would say not to sell to one but they might be OK to buy from on some items.
The old guy showed him 3 pocket watches he had that were all over 100 years old and the broker said he would sell them for like 50 dollars so he would pay the guy 15 a piece for them. One looked worth a 100 easy and the other 2 had to be worth 60 anywhere else besides a pawnshop, but if he doesn't rob people's silver and gold, he wouldn't have any to sell to me, I guess.
When the guy left I asked him what he would sell me some of the war nickels for and he said 80 cents each, so I asked if he would take .75 if I bought 20 of them. He went into the backroom and called someone and asked what he could get for them and came back and said 1.05. I said that's a lot more than 80 cents and he said yeah but that's what I can get for them so I went back to the silver bars. He had one Silvertown in a ripped plastic holder in his case and said he wanted 2 dollars per oz over spot for the bars. He went into the back again and came out with a bag of them and had a nice Engelhard and Johnson Matthey sealed so with spot right near 24 he said 260 a bar. I got him to throw in 2 war nickels if I bought them both which I did. I have had both companies before and when silver is moving they bring spot easy and I needed to replace a few that I had sold closer to and in the 40's.
Someone asked about pawnshops the other day and from today I would say not to sell to one but they might be OK to buy from on some items.
The old guy showed him 3 pocket watches he had that were all over 100 years old and the broker said he would sell them for like 50 dollars so he would pay the guy 15 a piece for them. One looked worth a 100 easy and the other 2 had to be worth 60 anywhere else besides a pawnshop, but if he doesn't rob people's silver and gold, he wouldn't have any to sell to me, I guess.
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