What are fair prices for coins?
- Thread starter Jury
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namster
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Jury said:
My local shop offered $3.25 per for 40% halves in quantity of 10 or more. No thanks. Best bet is Ebay or CL I think.
Reverend B*IKE*
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Reverend B*IKE* said:
+1
SFBayArea
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namster said:
that is low.. you can get 40%ers for at least $4 via apmex. These local dealers are probably mailing to them after they buy from you. LOL
Ampex does require that you have $1000 worth to sell however.
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Jury said:
My local shop pays 20x on US coinage.
$2.00 for a dime
$5.00 for a Quarter
$10 for a 90% Half
$20 for a 90% Dollar
I am guessing around $4.00-$4.20 for a 40% Half
Selling right now, they would charge 22x.
$2.20 for a dime
$5.50 for a Quarter
$11 for a 90% Half
$22 for a 90% Dollar
I am giessing around $4.40 for a 40% Half
madwest
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Jury said:
I don't know if it is fair or not, but I pay $0.10 for circulated 90% US dimes; $0.50 for circulated 90% half dollars; and $0.50 for circulated 40% half dollars.
silvernd
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The_EE said:
Wish I had your shop. My only local one apparently focuses more on numismatics and as a result wants unrealistic prices for even the worst of their silver. $18 for 90% halves and $8 for 40%. Haven't been back since.
The_EE
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madwest said:Jury said:
I don't know if it is fair or not, but I pay $0.10 for circulated 90% US dimes; $0.50 for circulated 90% half dollars; and $0.50 for circulated 40% half dollars.
I am on a strict purchasing program.
Dont know if I stated it here or not but I dont have a 401k to fall back on. I am 20 years into my working life and I have ZERO retirement saved up. I have to collect a bare minimum of 2 ounces a week for the next 20 years to be on my low track, I have to collect a minimum of 4 ounces a week to be where I truly want to be. Sometimes, that requires buying an ounce or two a month. Best prices I have found have been locally when not out of a bank vault or tellers tray
The_EE
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silvernd said:
The guys at my local shop are truly stand up people. I have not seen them rip off a soul.
I dont like thier pricing on .999 rounds like ASE and Maples, its +$4 over spot but hey, they are a small outfit that needs to make profit to stay in business. I own a single ASE just because its a nice coin.
silvernd
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The_EE said:
I was at mine and they offered less than break up value to a guy with dozens of proof sets from the late '70s and early '80s. He literally would have been better off opening them up and spending them. $1.75 for $1.91 in coins.
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silvernd said:
Proof sets really dont hold too much value, even around here. They sell way below original selling price.
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