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Old 11-28-2012, 05:06 PM   #1 (permalink)
 
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Default Silver coin question

Have a guy wanting to buy some coral off me and wants to trade me a 2002 Lonza Plata Pura silver 1oz .999 coin. What would this be worth to cash in at a jewelry store? Local place here is pretty good. But won't tell you over the phone. Looked online and didn't find a good answer.
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Old 11-28-2012, 06:05 PM   #2 (permalink)
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Default Re: Silver coin question

Oops


2012 1oz Mexican Silver Libertad 1 Onza Plata Pura .999 Fine Coin | eBay

Last edited by sunfish : 11-28-2012 at 06:10 PM.
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Old 11-28-2012, 06:16 PM   #3 (permalink)
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Default Re: Silver coin question

spot silver per ounce price posted red at 33.47.
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Old 11-28-2012, 06:40 PM   #4 (permalink)
 
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Default Re: Silver coin question

Tony what do you think a jewelry shop would give me for it?
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Old 11-28-2012, 06:56 PM   #5 (permalink)
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Default Re: Silver coin question

Quote:
Originally Posted by blownz281 View Post
Tony what do you think a jewelry shop would give me for it?
I don't know
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Old 11-28-2012, 10:09 PM   #6 (permalink)
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Default Re: Silver coin question

Quote:
Originally Posted by blownz281 View Post
Tony what do you think a jewelry shop would give me for it?
Less than it's worth. You're better off selling it yourself. Do you have a coin shop nearby?
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Old 11-28-2012, 10:22 PM   #7 (permalink)
 
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Default Re: Silver coin question

I doubt it.. The jewelry store here gives out really good deal on good and silver. We traded some small stuff in and were suprised with what we go. Guess I could try them. Thanks
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Old 11-30-2012, 02:15 PM   #8 (permalink)
 
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Default Re: Silver coin question

A jewelry shop would pay (usually) less than spot price, so if you made it to $30, you'd be lucky.
Go with ebay!
One of our customers paid in gold dust last week.
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Old 11-30-2012, 05:32 PM   #9 (permalink)
 
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Default Re: Silver coin question

Then I have to pay member fee and shipping.
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Old 12-02-2012, 10:37 AM   #10 (permalink)
 
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Default Re: Silver coin question

A good place will pay you 10% under spot. Places like Cash for gold will pay you about 10% of its spot value. A local guy offered me 14$ for 1oz silver coin .999 pure, where APMEX offered like 29$.
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Old 12-02-2012, 04:47 PM   #11 (permalink)
 
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Default Re: Silver coin question

Kid says he has money to pay me instead now. Thanks for the help guys.
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