Posted: 6/8/2013 3:44:23 AM EDT
| is 20 times face value fair? coinflation says $7.81, local dealer asking $10. how much should dealer make? |
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Quoted:
is 20 times face value fair? coinflation says $7.81, local dealer asking $10. how much should dealer make? fuck no. not with silver getting as low as it has. them's raping prices. i'm not 100% sure what coin your referring to, but I'd take a stab and guess it's pre 64 quarters? |
| That is too high with silver being around $21.60 an ounce. I would like to pay somewhere around 17-18x face at current spot. Premiums are high right now and will be for a while due to the price of silver tanking in the last few months like it did. Nobody wants to sell their $30 silver for $22. |
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Quoted:
Not sure if they should be charging sales tax on US Currency. I thought the same thing and did some digging. Basically what I found was it depends on individual state tax law. For face value, IE buying quarters from a bank, then there is no tax. But buying coinage at/for "antique or collectible value", then it can be taxed. From what the local shop said, "buying $1000 or more worth is considered an investment and then won't be taxed." |