FS: 90% silver (Mercs/Walkers) -- SAVE US FROM THE SMELTER!
Ken Barr
(plus other stuff)
I bought a bunch of "junk" 90% silver this afternoon, and have an appointment
with a local Noomismatic Emporium on Tuesday afternoon to "off" the lot
since I generally don't deal in such merchandise. It ustabin that Mercury
dimes and Walking Liberty half dollers commanded a bit of a premium over
the run-of-the-mill 90% (Roosies, Warshington quaters, Franklin halves
and 1964 Kennedy halves), but that premium seems to have disappeared
with the recent run-up in silver spot prices ...
ANYWAY, some of the silver I bought SHOULD command a little premium
over "junk", so I'm offering it here on a FIRST-COME, FIRST-SERVED basis
(sorry to all you East Coasters that won't read this until tomorrow morning,
but I posted it as early as I could ...).
For the record, the Certified Coin Exchange reports that silver spot closed
at $8.11 per ounce today, that the highest "bid" for $1000 bags was $5562.94
and that the lowest "ask" for $1000 bags was $5752.94, i. e., over 5.5x face
"bid" and over 5.7x face "ask".
LOT 1: Mercury Dimes -- $29.00 face value (290 coins), unsearched BY ME,
but undoubtedly searched by the previous owner. Looks to be a
typical Merc lot, with most of the coins VG/F in the 1940's, some
earlier 20's/30's in G/VG and probably some 10's in AG/G. 5.5x
face would be $159.50, 6x face would be $174.00. I'll split the
difference at NET $167 plus $5 Priority Mail postage/insurance.
LOT 2: Washington Quarters partial set -- 71 different 1934 - 1964.
There are only 83 different in the 1932 - 1964 set, so this is
over 85% complete from the get-go (missing the 1932 PDS, some
other dates in the 1930's and the 1955-D), generally in Good or
better for the early dates, Fine or better for the later ones.
$17.75 face, or $97.625 at 5.5x face and $106.50 at 6x face.
Given the early dates this lot should Shirley be worth $110 plus
$5 Priority Mail postage/insurance.
LOT 3: Walking Liberty Halves --$14 face value (28 coins), SEARCHED by me
(pulled out some dates in the 40's that a local collector is hoarding
and pays me a premium for ...). Mostly in the 1940's, mostly "D"
and "S" mints, a few low-grade early dates (including a partial-date
1919-D that I should probably pull, but won't ...). $77 at 5.5x
face, $84 at 6x face, again I'll split the difference at $80 plus
$5 Priority Mail postage/insurance.
Not 90%, but these came with the same deal, so I'll offer them here too...
LOT 4: A matted and framed "Bison" note 1901 $10 Legal Tender:
http://members.sparedollar.com/kenbarr/framedbison.jpg
The note is a solid Good - Very Good, with a minor margin tear
on the right side. Current Greensheet "bid" is $350 in Very Good,
so this should be a good buy at $280 including Priority Mail postage
and insurance. It already has the mounting hardware and wire
installed on the back, so it's ready to mount on any wall which has
a nail in it ...
LOT 5: Eisenhower Dollars complete proof set in Capitol Plastics frame --
includes the 1990 Eisenhower Memorial commemorative dollar,
1971S 40% silver proof, 1972S 40% silver proof, 1973S clad
proof, 1973S 40% silver proof, 1974S clad proof, 1974S 40%
silver proof, 1976S Ty 1 clad proof, 1976S Ty 2 clad proof,
1976S 40% silver proof, 1977S clad proof and 1978S clad proof.
http://members.sparedollar.com/kenbarr/ikedollarset.jpg
Greysheet "bid" (wholesale) for the individual coins totals $98,
and I suspect that the Capitol Plastics holder would run another
$20 - $25 or so. NET $115 including Priority Mail postage/insurance.
TERMS: Prompt payment is necessary (PayPal OK, or check/money order
to be mailed within 24 hours). Prices are NET, no discount, and
remain firm whether silver goes up or down tomorrow morning ...
(Postage/insurance WILL be reduced if you purhase more than one
of the silver lots.) Lots must be reserved VIA EMAIL by noon
Pacific Time or off to the smelter they go (except for the last
two lots, of course).
--
Ken Barr Numismatics k...@kenbarr.com
P. O. Box 32541 website: http://www.kenbarr.com
San Jose, CA 95152 (souvenir cards, MPC, Hickey Bros tokens)
408-272-3247 Next show: Santa Clara 04/01-04 w/Mac's Coins (#437)
ADVANCED NOTICE: ANA World's Fair of Money, San Jose, CA 7/27-31/2005
Ken Barr
wrote:
> FOR SALE: 90% silver (Mercs/Walkers) ---- SAVE US FROM THE SMELTER!
> (plus other stuff)
[snip]
>
> TERMS: Prompt payment is necessary (PayPal OK, or check/money order
> to be mailed within 24 hours). Prices are NET, no discount, and
> remain firm whether silver goes up or down tomorrow morning ...
> (Postage/insurance WILL be reduced if you purhase more than one
> of the silver lots.) Lots must be reserved VIA EMAIL by noon
> Pacific Time or off to the smelter they go (except for the last
> two lots, of course).
Oops, forgot to include ...
California residents please add 8.25% sales tax for the Governator
or provide a valid California Resale Permit number.
Larry Louks
> FOR SALE: 90% silver (Mercs/Walkers) ---- SAVE US FROM THE SMELTER!
> (plus other stuff)
Hi Ken,
I have a complete circulated set of Washinton quarters, but a few of mine
are AG at best. This looks like a good way to possibly upgrade them, and
still have some silver to hold on to and see what happens. So, I'll take
your Lot #2.
I'll drop you a private note in a moment, but wanted to post here for the
benefit of any others who might have an interest in these quarters.
Larry
'saving a few from the fire'