Silver quarter buy

jayhawk22 · Mar 2, 2013

I have an ongoing ad on Craigslist to buy silver coins. I bought 10 from a guy today for $4.00 each. I have found over 90% of my silver quarters in the wild. I own a vending company & usually find 1-2 per week. Anyway, I thought today's purchase was a pretty good buy. What do you guys think?

ArkieBassMan · Mar 2, 2013

Its about as good a deal as you are likely to find. I managed to find 4 rolls not too long ago for 14.5X face.

Whether or not we got a good deal will depend on the price of silver when we sell.

jayhawk22 · Mar 2, 2013

I agree that the strength of the deal depends on when you sell. I plan on holding for the long term so I think it was a decent deal. I had a $3.00 price on my Craigslist ad for a long time and got no bites.

50cent · Mar 2, 2013

For only 10 of them gasoline, time, whatelsenot, was not worth it, (WITH SILVER VALUES CURRENTLY GOING DOWN) I.M.H.O. If silver was on the rise like it was a few months back, then yes, it would be worth it. 100 of them, and turning around and selling it, now that a different story. Your lucky your ongoing ad does not get flagged, they ALWAYS get flagged for me yo.

fistfulladirt · Mar 2, 2013

When I buy from friends I pay melt. You paid about 80% to a stranger which I think is fair.

Wilmingtonsilver · Mar 2, 2013

I think, as long as you are happy with the deal, it was a good deal.

jayhawk22 · Mar 2, 2013

I thought it was a fair price too. Also on the time & gas issue. I met the guy at a business 5 minutes from my house. So the whole transaction took 15 minutes & hardly any gas in my Lexus Hybrid so that isn't an issue for me! :icon_thumleft:

jayhawk22 · Mar 2, 2013

Wilmingtonsilver said:
I think, as long as you are happy with the deal, it was a good deal.

I agree Wilmington! I think silver is a good long term investment & it was only $40 so I'm happy.

50cent · Mar 2, 2013

well, 15 minutes of free time to me, is worth some serious dough, but i can see if you were enthused about the whole deal, good for you homie.

but a hybrid
:dontknow:

i got a grudge against them.

drcaulfield · Mar 2, 2013

Jayhawk you in kc?

jayhawk22 · Mar 2, 2013

drcaulfield said:
Jayhawk you in kc?

Nope. Salina, KS. Right in the middle of the state.

50cent · Mar 2, 2013

jayhawk22 said:
Nope. Salina, KS. Right in the middle of the state.

AKA tornado country if'n you know what I mean.

maine_Jim · Mar 2, 2013

50cent said:
but a hybrid
i got a grudge against them.

I have to know why - why would you have a grudge against a hybrid? Nice tax break, high mileage, spending a few less dollars on oil, that is not the pump price but the real cost. Though I did hear a funny one today that one state is going to start adding an extra tax to hybrid cars as they don't pay enough gasoline taxes now... :BangHead:

Maine_Jim

fistfulladirt · Mar 2, 2013

Always cracks me up when people tell me they spent $40k on a hybrid to save on gasoline costs. My Ford pickup may only get 15 mpg, but the payments ended a long time ago.

palidin20603 · Mar 2, 2013

50cent said:
well, 15 minutes of free time to me, is worth some serious dough, but i can see if you were enthused about the whole deal, good for you homie.

but a hybrid
i got a grudge against them.

Dude! It takes more than 15 minutes to search a box of dimes and dump them. At least he got a little less than 2 oz for $40

jayhawk22 · Mar 2, 2013

maine_Jim said:
I have to know why - why would you have a grudge against a hybrid? Nice tax break, high mileage, spending a few less dollars on oil, that is not the pump price but the real cost. Though I did hear a funny one today that one state is going to start adding an extra tax to hybrid cars as they don't pay enough gasoline taxes now...

Maine_Jim

I know Jim. I hate getting 40+ mpg! It sucks. Plus it's a sweet ride to boot! To each their own though.

dieselram94 · Sep 3, 2013

Hey everyone, I own a civic hybrid and it has been serious trouble. It has a cvt transmission that has been repaired once now may be going out again. Cost of repair exceeds the value of the car. It is the first and last hybrid I will ever buy. And the value of it in good condition is only about half of a regular civic...no savings all said and done. I will be dumping this thing pile of crap as soon as I can.

Sent from my SCH-R930 using Tapatalk 2

SilverForBrains · Sep 3, 2013

fistfulladirt said:
Always cracks me up when people tell me they spent $40k on a hybrid to save on gasoline costs. My Ford pickup may only get 15 mpg, but the payments ended a long time ago.

yea my '85 toyota gets 40mpg. Drove it in 2011 from Texas to New York for $180!