What's new

A coin dealer in my are purchase prices

Darth Walker

Bronze Member
Joined
Jan 10, 2009
Messages
1,402
Reaction score
118
Golden Thread
0
Primary Interest:
All Treasure Hunting
Hello guys,

On Friday I called a coin dealer in my area and asked him how much would he paid for Kenns 40 and 90%.

He told me the following:

For the 40% he pays $3.50 per dollar
For the 90% he pays $10.25 per dollar.

WHAT DO YOU ALL THINK

DW
 
Upvote 0
That seems fair to me. I mean that is more than melt for the 90% and around 80% of melt for the 40%.

-SWUSC
 
That is better than the coin dealers in my area are paying.
 
Very generous. They are paying less than that here, still about 8.5 x face.
 
That is a very good deal for you on both.

You are not going to get coinflation prices on 40%ers unless perhaps you sell to a private individual who is not so bright.

Jim
 
The price on 40% halves is amazingly high, IMO. The price on 90%'ers is very good, but not as good as the 40% price.

If you are thinking of selling, I'd jump on those prices.

As for me, I'm holding. Waiting to see if this socialism of America that we have started leads to hyper inflation, like i think it shall. Then prices will be a LOT higher.
 
For the 40% he pays $3.50 per dollar
For the 90% he pays $10.25 per dollar
ok not to sound stupid....although it wouldn't be the first time,...thats pre dollar...meaning 2 halfs?
 
mistergee said:
For the 40% he pays $3.50 per dollar
For the 90% he pays $10.25 per dollar
ok not to sound stupid....although it wouldn't be the first time,...thats pre dollar...meaning 2 halfs?


Yes. Perhaps a better way to express the value from the dealer would be to say 3.5X face for 40s and 10.25X face for 90s. Most dealers quote the prices that way, instead of per dollar.

Jim
 

Users who are viewing this thread

Back
Top Bottom