A fair price for silver?

[apush]

I met a really nice bank teller on Sunday. She collects silver. At least she told me right up front. She was happy to order me a box or two whenever I wanted. That was nice. Then she asked me if I had an account--which I do, but she said, "no matter."

I am not sure if she keeps or sells her silver. I will see her Friday to pick up my boxes.

If I were to offer to buy her halves, what would be a good price for her to keep her loyalty, but fair for me as well?

Advice welcome,
apush

 

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[JJtheRollHunter]

Most would say 10x face, but I would go with 8-9x face.

 

[apush]

40%ers vs. 90%ers?

apush

 

[Rakattack]

90%ers. Most (if not all) coin dealers buy 90%ers whereas I have trouble finding dealers in my area that buy 40%ers. If they do, the usually offer me $1.25 per

 

[JJtheRollHunter]

40%ers vs. 90%ers?

apush

40%ers= 4x face
90%ers= 8-9x face

 

[jim4silver]

Unless the teller brings up this subject first, I would not discuss it.

You might wind up "educating" a teller about silver coins who now is clueless. If you are going to discuss coins with the teller, I would instead ask her to hold any halves for you that come in, etc.

From all the posts I have read on here about buying coins from tellers, it seems that the majority of attempts are not successful.

There are exceptions of course, especially Rich H who has a mentioned how he tempts them with old but low value coins in exchange for valuable silver.

If a person really wants to buy silver from the masses, they would probably do better going after the general population than bank employees in general, ie, Craigslist, etc.


Jim

 

[apush]

Thank you for everyone's advice. I do appreciate it!

apush

 

[Rich Hartford]

Apush,

When I used to do road trips I'd always carry a few old cheap coins with me. Indian Heads, V nickels, maybe some cheap commemorative halves, Like Columbus and Carver. When I ran into a teller who kept the silver I'd offer a trade. I always made out real good.
HH
Rich

 

[jim4silver]

Apush,

When I used to do road trips I'd always carry a few old cheap coins with me. Indian Heads, V nickels, maybe some cheap commemorative halves, Like Columbus and Carver. When I ran into a teller who kept the silver I'd offer a trade. I always made out real good.
HH
Rich

You left out the part about the "professor" outfit, such as the jacket, pipe, etc.

Jim

 

[Rich Hartford]

Apush,

When I used to do road trips I'd always carry a few old cheap coins with me. Indian Heads, V nickels, maybe some cheap commemorative halves, Like Columbus and Carver. When I ran into a teller who kept the silver I'd offer a trade. I always made out real good.
HH
Rich

You left out the part about the "professor" outfit, such as the jacket, pipe, etc.

Jim

I can't believe I pulled stuff like that,but then again I can. I haven't been to that bank in a while. I think there is a 50/50 shot of convincing that teller to let me cherry pick the bag
HH
Rich

 

[CHAINCHOMP]

not really sure...maybe 7xface for 90%ers, 3xface for 40%ers i have no clue really. sorry.

 

[fistfulladirt]

Two years ago a teller my wife works with volunteered that she had a roll of silver halves, and inquired on the value of said halves. I offered 10X for the roll, she quickly snapped up the $100.
My wife told me that the teller would have taken $50 for the roll of Bens and Walkers, but I was happy to find later that the roll contained a key date '38D Walking. ffd

 

[quiksilver]

90%ers. Most (if not all) coin dealers buy 90%ers whereas I have trouble finding dealers in my area that buy 40%ers. If they do, the usually offer me $1.25 per

Dang where are you located , i will happily pay $1.50 ea 40% half.

 

[quiksilver]

You could try asking her what she wants.

 

[golden silver]

"When I used to do road trips I'd always carry a few old cheap coins with me. Indian Heads, V nickels, maybe some cheap commemorative halves, Like Columbus and Carver. When I ran into a teller who kept the silver I'd offer a trade. I always made out real good."

Rich, only a guy with your types of diverse finds would include in "Cheap halves" Columbus and Carver. Three years and still looking for one silver commem. I know you have pulled quite a few though.

Golden Silver

 

[apush]

LOL Mr. Hartford, Jim4Silver let it loose!

A professor with a jacket and pipe That must have been a "polaroid moment."

That would have been a post to remember!

apush