Looking for sources for 90% Junk silver

[EL34]

Looking for good on line merchants that sell 90% junk silver coins

I have purchased from SD bullion and local coin dealers but I want to get set up with several on line dealers for backup and so I am ready to go when it's go time.

1) I would only be interested in dealers that don't charge sales tax. I think that leaves Gainsville coin out. I am in NC, so that leaves out NC dealers.

2) $100 face bags are what I prefer. I don't really deal in bars or rounds.

3) Spot plus price must be reasonable. Some dealers are asking crazy spot plus prices. SD Bullion was .10 over a couple weeks ago, now they are .29 over on $100 nface

Anyone have some dealer names for me?
Thanks in advance

[Mojofabulous]

Gainesvillecoins usually has great prices on junk silver. Sorry didnt read comment about sales tax. Guess you live in florida?

[EL34]

(04-23-2012 01:21 PM)Mojofabulous Wrote:  Gainesvillecoins usually has great prices on junk silver.

yes, but I already mentioned them above.... they charge sales tax.
Or do they?

[Mojofabulous]

(04-23-2012 01:22 PM)EL34 Wrote:  

(04-23-2012 01:21 PM)Mojofabulous Wrote:  Gainesvillecoins usually has great prices on junk silver.

yes, but I already mentioned them above.... they charge sales tax.
Or do they?

Unless you live in florida they wont. Just go trough the checkout process to see.

[97guns]

check with provident

[slow to learn]

Ihave noticed that everyone is going up on junk silver, that is what I buy as well! Even my local guys!

[EL34]

Quote:I have noticed that everyone is going up on junk silver, that is what I buy as well! Even my local guys!

yeah, me too,
My local guy charges spot + 0, which is great, but he has to charge sales tax, which is 7%

I did find that Gainsville coin does not charge sales tax to out of staters and their prices are great.
It's always something though. The minimum purchase for a wire transfer is $2200. That's not a problem when talking $100 face bag

Credit card purchases are +3%, which is the norm and understandable.

[motionman]

Okay...help me understand something. I find a hole-in-the-ground gold and silver place the other day. I say how much for that bag of 90% coins. They gave a number. I said, "At what point are you charging me tax?" She emphatically said, "By law, I cannot charge you tax on money. Don't let anyone tell you differently!" Now I am reading this thread and becoming very confused.

[KYnyts]

My favorite is APMEX. Not necessarily always the cheapest, but first class with customer service and speed. I also like Bullion Direct, although I rarely purchase there anymore b/c of their "handling fee." Provident has great prices, but I waited nearly three weeks for an order. I had no issues with Gainesville, who also has great prices, although they were also a little slow on shipping. I placed an order with APMEX the day after I placed a Gainesville order, and the APMEX order arrived nearly a week before Gainesville.

Some folks don't care about waiting, but I do. If I had been stacking for several years, and if I were well set with food, water, supplies, guns & ammo, I wouldn't care, either. I am intently observing what is going on around me in the country and the world, and I don't see it getting any better so I'm in a mad rush to catch up on what I should have been doing since late 2007 or earlier. Maybe nothing will happen in our lifetimes, but if it does...

[Mojofabulous]

Apmex is usually more expensive but their shipping speed is wonderful. Recently their prices have been getting more and more competitive with the likes of provident and gainesville. Accepts payment by check. Wide range of products but their semi to full numismatic stuff is usually way overpriced.

Gainesvillecoins-Usually the cheapest price. Their shipping is slower(usually 2-7 days slower) and they don't accept checks. Just credit or bank wire(2000 minimum). Thing is, their prices are usually so good it's cheaper to buy on credit at gainesville then it is by check at apmex, lol. Like I said though, apmex has been getting cheaper recently. We'll see if it keeps up. Sales tax if in florida. Great selection of semi to full numismatic stuff.

Provident-Usually tries to match gainesvillecoins on the higher quantity volumes and is usually more expensive on the lower quantity volumes. Usually the cheapest on the maple/eagle/bar specials via a discount code. Accepts payment by check. Sales tax in texas on purchases under $1,000. Smaller selection of products in general and runs out of stock more quickly on specials. But does offer more supply type items(gloves scales) and even survivalist gear(rations, med kits, etc).

[AgShaman]

I hear new players are looking to break into the online market for 90%.

http://constitutionalsilver.com/


The LCS'....(that are hedged) are usually the best place to pick up 90% coinage. Melt value...straight up. No premium.

Become your own bank..."Stash n Stockpile Weapons of Stack Construction!"

[EL34]

Thanks for the info all.
Doing a google search returns many sources but getting the extra bits of info from others is more valuable.

I emailed one place asking about $100 face bags because all they listed on their site was $1, $500 and $1000 bags. They emailed back saying to put 100 of the $1 face in the cart. LOL.

Yeah right, $100 face at the $1 premium rates, makes perfect sense...

Quote:Gainesvillecoins-Usually the cheapest price. Their shipping is slower(usually 2-7 days slower) and they don't accept checks. Just credit or bank wire(2000 minimum).

Quote:The minimum purchase for a wire transfer is $2200. That's not a problem when talking $100 face bag

Gainsville has a $2200 minimum on wire transfers

Quote:I hear new players are looking to break into the online market for 90%. http://constitutionalsilver.com/

Hmm, where is their product. All I can see is that they want you to send them money and they will supposedly hold some silver for you?

[Enjoy Jars]

http://www.GoldMart.com they sell at spot MINUS 10 cents!!!!! but to be up front, I have not purchased 90% silver from them. I have bought Silver Eagles and was very happy. Actually picked them up in person

[EL34]

Wow, have to check out goldmart some more
Looks good at first glance
Thanks

[KYnyts]

(04-24-2012 01:31 AM)AgShaman Wrote:  I hear new players are looking to break into the online market for 90%.

http://constitutionalsilver.com/


The LCS'....(that are hedged) are usually the best place to pick up 90% coinage. Melt value...straight up. No premium.

Become your own bank..."Stash n Stockpile Weapons of Stack Construction!"

Constitutional Silver.... I've heard that term before. Is that something Chris Duane is doing?

[EL34]

I called Goldmart to ask some questions.

Looks like I will be doing some business there.
Thanks again for the info

[Mojofabulous]

Gvc must of just raised the wire requirement. It used to be 2000. Bummer.

[motionman]

What questions did you ask EL34? As a new investor, I always like to know how to get the edge and understand how to gain some sort of leverage. Thanks!

[EL34]

I asked where they shipped the stuff from and how long it takes before they ship and order.
I also asked about wire transfer info so I could set them up at my bank
Some places have to have it drop shipped from TX
They ship from thier CA office

I like to get a feel for the people on the phone
The guy I talked to was real nice and semed to know his stuff

[AgShaman]

(04-24-2012 09:29 AM)KYnyts Wrote:  

(04-24-2012 01:31 AM)AgShaman Wrote:  I hear new players are looking to break into the online market for 90%.

http://constitutionalsilver.com/


The LCS'....(that are hedged) are usually the best place to pick up 90% coinage. Melt value...straight up. No premium.

Become your own bank..."Stash n Stockpile Weapons of Stack Construction!"

Constitutional Silver.... I've heard that term before. Is that something Chris Duane is doing?

Yep...I think so....or at least some sort of joint venture with another guy....and they're setting up a vault storage in Utah I think it was.

Seems a little high priced for 90% (premium wise), but I really haven't looked into it at depth.

Tulving sells 90% at spot prices....from what I remember, he usually has the best price...unless you can find an LCS to match or get it below spot.

[97guns]

(04-23-2012 02:47 PM)EL34 Wrote:  

Quote:I have noticed that everyone is going up on junk silver, that is what I buy as well! Even my local guys!

yeah, me too

premiums on morgans and peace dollars and going through the roof at my local shops. i cant find one for less than $30 with a melt value of $24.50 thats a $5.50 premi, even an outstanding deal of $27 is a $2.50 premium. the spread on these are only going to get bigger, better get them if you don't have many.

[silverexplosion]

All the dealers are selling out of 90%

[Silver Wilbur]

(04-23-2012 11:27 AM)EL34 Wrote:  Looking for good on line merchants that sell 90% junk silver coins

I have purchased from SD bullion and local coin dealers but I want to get set up with several on line dealers for backup and so I am ready to go when it's go time.

1) I would only be interested in dealers that don't charge sales tax. I think that leaves Gainsville coin out. I am in NC, so that leaves out NC dealers.

2) $100 face bags are what I prefer. I don't really deal in bars or rounds.

3) Spot plus price must be reasonable. Some dealers are asking crazy spot plus prices. SD Bullion was .10 over a couple weeks ago, now they are .29 over on $100 nface

Anyone have some dealer names for me?
Thanks in advance

***************************************************
I have an individual that approached me with 100 silver dollars today. They are for the most part in great condition. Prolly can be bought for $2700. I have verified them as real. 90% and there is numismatic value that is unknown.

[EL34]

Quote:All the dealers are selling out of 90%

Not sure I understand this comment?
Please explain.

[JoNYphi]

free shipping for any purchase over $3k @ APMEX

Code: FREESHIP3K