What would you guys pay?

[westkybanded]

Like a lot of you I'm sure, I've got several gas station attendants that keep their eyes peeled for me for silver and other odd coins. Normally, I'll pay 16x on silver dimes and quarters, and that's all they really throw at me. Getting my morning coffee and the guy shows me 5 readable date buffalos that he got out of a roll the day before. Threw the kid a five just to keep him on the hook. Walking out, I realized I just paid him that much... Lol... I figured he would keep me at the top of the list the next time some kid pays for gas with Grandpa's Morgans...

Before you ask, 1920, 1920, 1927, 1925, 1934

 

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[GlenDronach]

At least they're readable dates!

 

[Iamrussell]

A buck acoin for a readable date buff isnt horribly bad- and like you said it could help you score a lot better deal down the road

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just keep stacking, just keep stacking, stacking stacking stacking

 

[Joe777Cool]

you are overpaying across the board.

 

[sjlund]

you are overpaying across the board.

I agree. At the beginning of February spot was about 14x and even today it is slightly under 16x. I wouldn't pay spot to a gas station attendant either...

 

[weighit]

I have been paying the local neighbors and friends 75% of the silver melt value at that days listing. I let them know they should go to the local pawn shops and see if they can beat my deal, so far no one has.

 

[Iamrussell]

I have been paying the local neighbors and friends 75% of the silver melt value at that days listing. I let them know they should go to the local pawn shops and see if they can beat my deal, so far no one has.

Dang wish I had neighbors/friends who would sell @ 75% melt- thats a great deal ya got going weighit-

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just keep stacking, just keep stacking, stacking stacking stacking

 

[baddbluff]

Any mint marks on the Buffs?

 

[johnomerta]

What is a good price for buffs dates? Like how some people sale junk silver but for buffalo nickels.

 

[fistfulladirt]

My co-workers, friends and family won't accept my offers @ melt. They'd rather take less from a dealer, 'cause "You're not a licensed buyer."

 

[westkybanded]

I've been paying 16x for a very long time. Rather than trying to explain the precious metals market to someone with a 5th grade education, I figure it'll come out a wash in the end.

 

[westkybanded]

Any mint marks on the Buffs?

The 27' has one, but that's all I can tell. lol... Just a blob. I'll have to get a loupe and look closer.

 

[Owassokie]

I've been paying 16x for a very long time. Rather than trying to explain the precious metals market to someone with a 5th grade education, I figure it'll come out a wash in the end.

I like your thinking there. Why provide an education. Plus, my experience is that people will lose interest if you start to "lose them" with a bunch of words. If I were you, I'd make the math even easier. 10x face for 1964 and older quarters and dimes.

 

[diggummup]

My co-workers, friends and family won't accept my offers @ melt. They'd rather take less from a dealer, 'cause "You're not a licensed buyer."

Wow! Some friends and family you've got.

 

[ArkieBassMan]

I personally have no desire to add common date and condition buffs to my collection at $1 each, nor do I have any desire to add to my silver stash @ 16X face value for junk silver when silver is ~$21. To me, the whole purpose of a set up like this is to get a discount by paying immediate cash. I see no discount here.

With that said, words such as "value", "worth", etc. are strange words with tricky meanings. If its worth it to you, regardless of the amount you paid, then its a good deal for you.

 

[weighit]

Out here folks only have the 7 pawn shops that would be buyers, and none are close to my 75% of melt. A few of the bank tellers save coins for me, but they always get face, and then either ice cream sundaes or a box of chocolates. I win either way.

 

[SilverForBrains]

My co-workers, friends and family won't accept my offers @ melt. They'd rather take less from a dealer, 'cause "You're not a licensed buyer."

 

[SilverForBrains]

buy low sell high!

 

[fistfulladirt]

Wow! Some friends and family you've got.

Are you saying they're dimwits?

 

[diggummup]

Are you saying they're dimwits?

Just sayin... I think it may be a time for a change of friends and family if that's the case.