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-   -   List of what over spot you pay for different rounds? (http://goldismoney.info/forums/showthread.php?t=206818)

Mastro 12-01-2007 12:00 AM

List of what over spot you pay for different rounds?
 
So does anyone have a condensed list of what is a good deal on all different silver rounds ( spot+?). It would be nice to bring it in the coin shop and get the best deal. Fell free to include pre-65 change and war nickels. Include Monarks, SAE's, prospectors, libertades, bars, anything else you think could be useful.

AlwaysWrite 12-01-2007 10:39 AM

Re: List of what over spot you pay for different rounds?
 
Here's my crack at it:

90% Silver Coin: a little under spot
35% Nickels: half of spot (yes, half, you'll be lucky to even get that back out of them)
Generic rounds: 10-40 cents over, closer to 40 for Prospectors or if I like the round
SAE: $1 over
Maples: 50-75 cents over
Onzas (pre-1996): 25-50 cents over
Libertads (1996-2007): $1.50 to $2 over (I have a soft spot for them)

Those are what I consider "good," fair prices, and what I'll pay if I'm looking to buy more silver. Keep in mind that I like to bargain-hunt (especially at coin shows), so it may not be easy to get these prices - certainly not from a single vendor. :bear_tongue: When I find deals less than those prices, I usually snap them up whether I'm really looking to buy silver or not.

Hope that helps...

RiverRat 12-01-2007 10:56 AM

Re: List of what over spot you pay for different rounds?
 
:rolleyes_m: As a general rule any silver .50 cents over spot is a bargain.

The premiums on SAEs and Prospectors are so high at coin shows I can find them cheaper on the Internet.

Unless a pawn shop or a high volume coin dealer turns serious PM inventory they usually charge $2.00 over spot around my area.

Flea market coin shysters can sell Prospectors and Onzas by the pound for $5.00 over current spot all day long around here.
Price negotiation is a freaking joke...the standard answer is take it or leave it.
I haven't bought a single ounce of any PM locally in 20 years...do you wonder why ?

I don't buy gold...can't help you there.

:D:D:D

lhslancers 12-01-2007 11:28 AM

Re: List of what over spot you pay for different rounds?
 
Buy 2-3% over spot and sell back around 5% under spot. When you sell in quantity you get a check not cash. Might as well sell to an entity like CNI who pays spot for 10's and 10 cents under for 100's. Shipping in USPS priority packaging is around 5 cents or so. Might vary dealer to dealer but even the best around here don't pay enough. I wonder how much the smelter pays on his buys.

SUPERCHARGER 12-01-2007 04:04 PM

Re: List of what over spot you pay for different rounds?
 
http://coininfo.com/

interesting their spot is 80 cents higher than kitco


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