Posted: 10/10/2008 3:48:27 PM EDT
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Just started thinking about getting some silver. Called up a dealer who offered $93 for a roll of 50 pre-64 Mercury dimes. I was thinking of getting a few thousand dollars worth. Is this a good price? Anywhere you all would recommend to look? Should I be getting pre-64 dimes in lieu of something else? |
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Screw that, but if you want it in your hand be prepared to pay 10-50%+ premiums. The figure for "junk" silver is Face x .715 x Spot. So $5 face x .715 x $10 = $35.75 worth of FRN. eta: Apmex is "conveniently" experiencing a server outage, just like every other time silver drops. |
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PErsonally ive gotten away from "junk" silvers. STick with either ROUNDS or Silver Eagles (if you can find em). Your kind of late for the dance IMO, but keep looking. I also wont pay the stupid OVER spot prices dealers are asking. Spot prices dont mean much when they are asking 4-5-6 dollars over the spot price. Right now, id get ammo & mags and firearms. Those are sure bet investments IMO. |
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Here is a good site for calculating coin values... coinflation.com |
| The issue with buying from Apmex or Kitco is that they list buy/sell, but their sell price is generally $3.00 over spot. I've seen it as high as $5.00 over spot when they really did not have any in stock. Go to your local coin shop and buy from there, I've found that you get a much better deal. Also, if you want a good conversion table try this, go to the conversion link, just put the number of coins you have or want to buy, and it will give you the current value. |