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-   -   Selling Silver-Advice Please! (http://goldismoney.info/forums/showthread.php?t=241143)

Montecristo 02-28-2008 02:54 PM

Selling Silver-Advice Please!
 
I'm looking for advice on what to sell and what I should keep and what kind of discount per coin I should expect.


Group of 1 Oz. Liberty Silver Trade Unit W/ Scales of Justice on the back- not in good shape

Group of 1 oz. Mexican Libertads-not in good shape

Group of 1 oz. Englehard bars- in good shape

Group of 1 oz. Englehard Prospectors-not in good shape

Group of 1 oz Generic Christmas coins (stamped .999 fine but no manufacturer mark)- in good shape

I don't have to sell all of the above to raise the money I need. So what would be the first group to go and which groups would you keep? (Or does it not matter?) And what kind of discount (aprox.) should I be looking at on each type of coin?

In my mind the generic Christmas coins are the first to go, but I don't know what would come next, or what kind of hit I'll take on these.

Thanks for any help!

j-son 02-28-2008 03:09 PM

Re: Selling Silver-Advice Please!
 
sell them all for spot price and rebuy whatever you'd like this summer.

Jack London 02-28-2008 03:10 PM

Re: Selling Silver-Advice Please!
 
Quote:

Originally Posted by Montecristo (Post 987327)
I'm looking for advice on what to sell and what I should keep and what kind of discount per coin I should expect.


Group of 1 Oz. Liberty Silver Trade Unit W/ Scales of Justice on the back- not in good shape

Group of 1 oz. Mexican Libertads-not in good shape

Group of 1 oz. Englehard bars- in good shape

Group of 1 oz. Englehard Prospectors-not in good shape

Group of 1 oz Generic Christmas coins (stamped .999 fine but no manufacturer mark)- in good shape

I don't have to sell all of the above to raise the money I need. So what would be the first group to go and which groups would you keep? (Or does it not matter?) And what kind of discount (aprox.) should I be looking at on each type of coin?

In my mind the generic Christmas coins are the first to go, but I don't know what would come next, or what kind of hit I'll take on these.

Thanks for any help!


Sell the Liberty rounds and the Christmas rounds first. Then the Engelhard bars, then rounds, and Libertads last.

eric2075 02-28-2008 03:10 PM

Re: Selling Silver-Advice Please!
 
Not in good shape means tarnished? Or really banged up?

Montecristo 02-28-2008 03:16 PM

Re: Selling Silver-Advice Please!
 
Quote:

Originally Posted by eric2075 (Post 987364)
Not in good shape means tarnished? Or really banged up?

Libertads are worn. Liberties w/ scales and prospectors look like they've been bumping against eachother, minor scratches and tarnished.

Montecristo 02-28-2008 03:19 PM

Re: Selling Silver-Advice Please!
 
Quote:

Originally Posted by j-son (Post 987350)
sell them all for spot price and rebuy whatever you'd like this summer.

Spot? Even on the Christmas rounds?

I was expecting .50 to .75 back.

j-son 02-28-2008 03:20 PM

Re: Selling Silver-Advice Please!
 
Quote:

Originally Posted by Montecristo (Post 987376)
Spot? Even on the Christmas rounds?

I was expecting .50 to .75 back.

offer them on this site for spot and someone will take them.

Jonas Parker 02-28-2008 04:01 PM

Re: Selling Silver-Advice Please!
 
Don't sell!

Montecristo 02-28-2008 04:39 PM

Re: Selling Silver-Advice Please!
 
Quote:

Originally Posted by Jack London (Post 987351)
Sell the Liberty rounds and the Christmas rounds first. Then the Engelhard bars, then rounds, and Libertads last.

Thanks Jack!

Montecristo 03-01-2008 11:41 AM

Re: Selling Silver-Advice Please!
 
I thought I would give an update for general information purposes.

I sold the silver Christmas rounds, prospectors and liberties all at .60 back.

AgAuGal 03-01-2008 12:05 PM

Re: Selling Silver-Advice Please!
 
expect .50 - $1 back of spot if going thru a dealer. person to person sale you can ask for spot and see if it is accepted.

sorry - just saw your last thread - I think you did well at .60 back.


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