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Author: foolazis Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75641  
Subject: Re: Coin Silver Date: 3/29/2011 1:45 PM
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Going further into Wonderland, at "today's prices," what might a buyer expect to pay a coin broker for a bag of 90%ers? If one were the seller of such a bog to a dealer or broker who must make a profit, what might be received?

This would be the question to ask when you are shopping around for a place to sell. It will usually be a certain percentage less than the spot price. You want to find the place that skims the least off the spot price. Sometimes, the price will be quoted as a multiple of the face value, such as 20x face. You want to find the place with the highest multiple of the face value. Call around if you are in the market to sell common date coins. You may want to make sure that you don't have any rare dates or high condition coins in the lot first - these can carry significant premiums over the bullion value.

foolazis
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