silvercop
Silver Member
The Ohio Valley Gold and Silver Refinery is in town and have set up shop at the local Hampton Inn in Lanett, Alabama this week. They have taken out full page ads in the newspaper urging people to bring in their silver and gold for top prices. well, after much thought i was considering selling some silver to buy gold like rich hardford did a few months ago. i was thinking about this because my floor safe is almost full and i needed some space. i thought the idea of trading silver to buy gold was good so i went to check them out.
i went in and asked one of the dealers how close they pay to spot. he replied we are right on the spot price minus melting fees, and shipping fees. i asked him how much he paid for kennedy halves. his reply was 2.00 each for 1964's and 1.00 each for the 40%. i said wait a minute according to spot a 1964 was worth 6.72 each and he said oh, nobody pays that much. i told him i had 2K in 1964's and almost 7K in 40's. he said oh well you have alot i could come up some and i said how much. he said well bring it in first and i will tell you.
i don't think it would be worth my time or energy to fool with these people. bad thing is the place was packed with people selling to these clowns. i bet they are making a killing
i went in and asked one of the dealers how close they pay to spot. he replied we are right on the spot price minus melting fees, and shipping fees. i asked him how much he paid for kennedy halves. his reply was 2.00 each for 1964's and 1.00 each for the 40%. i said wait a minute according to spot a 1964 was worth 6.72 each and he said oh, nobody pays that much. i told him i had 2K in 1964's and almost 7K in 40's. he said oh well you have alot i could come up some and i said how much. he said well bring it in first and i will tell you.
i don't think it would be worth my time or energy to fool with these people. bad thing is the place was packed with people selling to these clowns. i bet they are making a killing
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