Coin show prices

[rileyboy]

Traveled to a coin show today and thought I'd post what one dealer was paying for 40%ers. He was offering $3.70 per coin. That's $74.00 per roll. Thought everyone would like to know.
rileyboy

 

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[CardsNCoins]

Thanks for the report rileyboy. I haven't sold any yet, but 10% back of spot seems pretty fair. Even if you got $80 to $85 per roll on eBay after all the fees you're back to about $75 anyway.

HH

Nick

 

[jerseyben]

If I remember correctly, when Silver was around $30 someone figured out the best bang for the buck was to sell on ebay and after fees it came to around $3.85/each.

 

[SFBayArea]

The coin dealer is just a middle man. He down talks your stuff but talks up his.

Feebay sucks because they charge 9% commission plus 3% forced paypal fees. Plus Feebay is unfriendly towards sellers. If some jerk gives you negative feedback, there's virtually no way way of getting rid of it.

The best way is to sell to another private buyer/collector via Craigslist or meeting the buyer through Feebay. That gets rid of the middle man. One can also sell to companies like APMEX. Dealers probably just buy coins off of you and sell them to APMEX anyhow.

Silver will go back up.. based on the recent events in Egypt.. people treat gold like the next reserve currency other than the dollar effectively putting a floor on the recent price drop. If gold goes up, silver will too.

 

[yonico]

i personally only BUY from dealers, i sell to collectors or silver hoarders they pay closest to spot.

 

[quiksilver]

2 weeks ago at a show i got 77 a roll on friday and 75 a roll on sunday for 40%ers.

Last month the buy and sell price at a show was the same for 90%ers at 20x