22x face value

jnb1994

Sr. Member
Mar 26, 2012
323
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Primary Interest:
All Treasure Hunting
I think I remember seeing an ad in the paper for a place buying pre 64 coins for 22x face value. I don't think anyone would buy for more than that right? I don't plan on selling anything yet, just trying to figure out where I might end up selling in the future.

I went into a coin shop today because my brother wanted to buy silver. I asked what they were buying silver coins for and they were only paying 16x... Well I know where I'm NOT selling silver!
 

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Or you could read the hundreds of posts about this very topic.....
 

I think I remember seeing an ad in the paper for a place buying pre 64 coins for 22x face value. I don't think anyone would buy for more than that right? I don't plan on selling anything yet, just trying to figure out where I might end up selling in the future.

I went into a coin shop today because my brother wanted to buy silver. I asked what they were buying silver coins for and they were only paying 16x... Well I know where I'm NOT selling silver!
Yes, forgive them for expecting to make a profit in order to pay the rent, light bill, employees, etc.....
 

Some of the coin shops and cash for gold shops. They are so far off with there prices. They don't help any one.
 

There are 2 main types of bullion buyers, those who will take them and will re-sell them to a refiner (more numerous and usually pay less) and those who will take them and sell them to their customers (less numerous and will pay much better because they get a profit on both ends, both when they buy the coin for less than its worth and when they sell the coin for more than its worth in melt such as buying for 20x face and selling for 23-24x face)
 

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