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-   -   90% 12 X face ?? (http://goldismoney.info/forums/showthread.php?t=353598)

Hi Ho SILVER 02-26-2009 09:21 PM

90% 12 X face ??
 
My local dealer wants 12 X face on his 90%.....spot is 13.00 --> what ya'll think bout that.....yea....or nay?? I just gotta know. :favorites21:

tanner12oz 02-26-2009 09:27 PM

Re: 90% 12 X face ??
 
id pass....im a cheapskate though.... my locals were selling for 11x and 11.5x with silver at 14 and change earlier in the week.

4dabopper 02-26-2009 09:30 PM

Re: 90% 12 X face ??
 
here is a couple of sites you might be interested in.

http://www.coinflation.com/silver_coin_values.html

http://www.silverrecyclers.com/Calcu...alculator.aspx

http://www.silvercoinstoday.com/silv...in-calculator/

Ag_man 02-26-2009 09:30 PM

Re: 90% 12 X face ??
 
I see 90% at 11.8X in several places on rolls of common date Mercs, no way, they can keep it. It appears these days that .999 is the way to go.

CrufflerJJ 02-26-2009 09:37 PM

Re: 90% 12 X face ??
 
APMEX is running ~12.5x face on $10 of quarters & Franklin halves. About 11x in larger ($500, $1000) face value bags. I guess it all depends on how badly you want to get it from the local source.

latemetal 02-27-2009 07:22 AM

Re: 90% 12 X face ??
 
12 times face works out to $16.55 an ounce, 12/.725= 16.551724, I would ask about bar/round prices instead.:36_1_30:

ohioarmedneutrality 02-27-2009 08:33 AM

Re: 90% 12 X face ??
 
12 x seems high to me, and the spot price has taken a big dump the last few days.

TLM 02-27-2009 08:53 AM

Re: 90% 12 X face ??
 
You can't buy junk silver at junk prices anymore.

If you disagree, please prove it by selling me your 90%
at $13.27 x .715 = 9.5x face value

Gcubed 02-27-2009 08:55 AM

Re: 90% 12 X face ??
 
It depends on how much you are going to buy. APMEX current price on a roll of common quarters Sell Price: $126.38. A full $1000 sack Sell Price: $11,146.85
Those are the prices as of this post.

phideaux 02-27-2009 09:30 AM

Re: 90% 12 X face ??
 
Quote:

Originally Posted by Hi Ho SILVER (Post 1596369)
My local dealer wants 12 X face on his 90%.....spot is 13.00 --> what ya'll think bout that.....yea....or nay?? I just gotta know. :favorites21:

IMHO don't haggle over a few FRNs. Just buy while you can get it at a reasonable price.

Twisted Avatar 02-27-2009 09:44 AM

Re: 90% 12 X face ??
 
I can still get mercury dimes for a buck a piece so Im happy as a pig in shyt!!!

stimpy17 02-27-2009 10:42 PM

Re: 90% 12 X face ??
 
10.5 in my local.
Good luck.

GardensGold&Guns 02-28-2009 09:11 PM

Re: 90% 12 X face ??
 
12x face!!!!! tell'm to go scratch!!!!!!!!

i just bought some at a coin show for 10.5x

And the only reason i did cuz it was mixed with mercs,walkers, & franklins!!!!!!!!

:)

I also have seen them on L.A. craigslist for 11x face!

under collectibles

Silver Storm 02-28-2009 10:06 PM

Re: 90% 12 X face ??
 
Man you are taking it up the :moon: I can get U.S. junk silver for 10% under spot with shipping on Ebay and i do even better with old Canadian 80%.
The other day i got a painted silver eagle for $13.60. :565:

AgAuGal 02-28-2009 11:59 PM

Re: 90% 12 X face ??
 
dealers buying 90% at 9x today.

latemetal 03-01-2009 05:47 AM

Re: 90% 12 X face ??
 
I hit the store and the dealer wanted 13.5 times face on 90% and $17 per ounce for generic rounds, I didn't buy.:s15:

latemetal 03-01-2009 02:00 PM

Re: 90% 12 X face ??
 
The flea market had 90% at 11 times face and generic ounces at $14.50, but not very much of each.:favorites21:

GardensGold&Guns 03-01-2009 10:22 PM

Re: 90% 12 X face ??
 
flea markets are a good source for silver

14.50 is pretty good in todays market

Tecumseh 03-02-2009 09:33 PM

Re: 90% 12 X face ??
 
I just picked up a roll of Franklins last Saturday at 11 times face. Dealer claimed he had just dropped it from 12 the week before.

Junk Woody 03-04-2009 12:52 AM

Re: 90% 12 X face ??
 
I went in to my local coin shop today.

He's selling .90 American junk for 15.50 times face (walker half=$7.75 Canadian)
.80 Canadian junk for 13.5 times face.

I met a fellow that will sell Canadian junk to me at ten times face,so I'm still buying when I can.


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