Blockbuster

[NYHunter]

Is this too ballsy? I've known the sales associates at Blockbuster for a year and I asked them to keep any silver halves that they receive. I asked them a month ago and last night I returned The Grey (solid movie) and one of the sales associates gave me two halves from 67 and 69. Gave her a buck and that was it.

 

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[CRHQueen]

I pay silver spot (if not a little more) for any coins people save me. I figure they go through the trouble to acquire them while I sit back and relax (or CRH). So they deserve the cash over face value. Think about it this way - you were lucky they gave it to you, they could have sold it to a coin dealer.

When I acquire large quantities from friends or acquaintances, I usually throw a few extra bills in.
Always remember, be careful when paying extra for silver inside someone's workplace (especially banks), you don't want anyone thinking you are doing something illegal. I usually ask bank tellers what time they get off or when the have a break and meet them outside the bank either at my car or at the local store.

 

[sagittarius98]

I pay silver spot (if not a little more) for any coins people save me. I figure they go through the trouble to acquire them while I sit back and relax (or CRH). So they deserve the cash over face value. Think about it this way - you were lucky they gave it to you, they could have sold it to a coin dealer.

When I acquire large quantities from friends or acquaintances, I usually throw a few extra bills in.
Always remember, be careful when paying extra for silver inside someone's workplace (especially banks), you don't want anyone thinking you are doing something illegal. I usually ask bank tellers what time they get off or when the have a break and meet them outside the bank either at my car or at the local store.

I would do that to a friend. If I do it to a store employee, he will now know the value, and next time may keep it for himself.

 

[usernameerror]

Blockbuster still exists?!

If the associate doesn't care about receiving a "bounty" then pay FV. You could add a couple more bucks just to sweeten the deal on his/her end. It will make him/her more motivated to keep an eye out for you.

Basically you are the "educated" and the associate is not. What you do with your knowledge is up to you.

 

[unclehuckelberry]

usernameerror you got in before me. All the blockbusters around here are closed.

If the person I am buying from knows what they have I will buy it for spot or close to spot. If you rip them off they might keep it for them self or sell it to someone else.

 

[Ben-Ro]

It's funny you mention Blockbuster... When I was about 18 or 19 (over 10 years ago) the first and only silver coin I got in circulation was a 1938 or '39 quarter (I don't remember), and I got it in change at a Blockbuster. I always kept it aside knowing it was silver, but not for any value I had associated with it. Now that I'm searching silver, I'm really glad I held onto it.

 

[baddbluff]

usernameerror you got in before me. All the blockbusters around here are closed.

If the person I am buying from knows what they have I will buy it for spot or close to spot. If you rip them off they might keep it for them self or sell it to someone else.

I understand you all want to give them some money for their effort, but WHY would you pay spot for it? For junk silver? If I'm paying SPOT, I can go to a coin shop or eBay and pick & choose coins for my collection, not just random junk.

 

[CRHQueen]

Baddbluff- Although I am sure it could be debated...
I would rather help out an individual than a coin shop owner. The individual is working the counter while the coin shop owner can sit back, cash his stuff in and retire. In coin shop owner I mean local neighbor coin dealers not huge dealers.

I would rather help the small man and not the rich man.

 

[unclehuckelberry]

I've only had one opportunity where I paid spot to a bank teller and that is because he had a roll of silver quarters that was turned in to the bank. He bought them for $10 and took them home so it wasn't like they were just sitting in the vault and I could have traded a $10 FRN for it. He didn't know what the value was but he did know they were silver and he did go on ebay to look and see what they were going for. Sure I could have started with a really low number, but I'm not a pawn shop and he would have known that I was trying to rip him off. I'd rather give the person a fair price than not have the teller tell me about something like that and sell it on ebay next time.
Now if I go in and there's some loose coins sitting in a tray that are silver, I'm just going to buy those at face, I'm not a dummy.

 

[fistfulladirt]

I thought Blockbutster went bankrupt.

 

[boristhespider88]

I thought Blockbutster went bankrupt.

They filled Chapter 11 and were auctioned off; Dish Network won the auction, paying $320 million, and now operates approx. ~500 stores in the U.S, a bunch of Redbox-wannabe kiosks in supermarkets, and Dish Network also has a streaming library of movies and what-not available on their receivers. Blockbuster also has a mail service movie rental thing like Netflix.

Also, all of the Blockbusters within 250 miles of my house went under.

 

[minkybodl]

First of all I wouldn't mention that they were silver, probably too late now, I would just say that I was working on a coin collection and if they come across any half dollars from 70 or earlier, otherwise they might just start saving the silver for themselves. I would have paid them a couple of dollars instead of just the one, that way they have a little incentive to want to save more for you and they are making something off of helping you but you are not letting them know how much they are really worth. Usually no one will give you full spot when you are trying to sell so the most you should pay would be 50-75 per cent of spot IMO. If they do find out how much a silver half is worth they might get mad that you didn't at least give them a little extra.