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kind of commission or markup?

 
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zul32



Joined: 09 Jul 2010
Posts: 1
PostPosted: Fri Jul 09, 2010 6:18 pm    Post subject: kind of commission or markup? Reply with quote
On average, for buying investment silver/bullion. What should I expect to see when purchasing silver?
For example, I've been on eBay recently and seen the $1 American Silver Eagles going for around 20-23 each. With the price of silver being just over $18 that seems to be a pretty high markup?!

My local coin store charges $20.46 per eagle.
Suggestions? comments?
Thanks
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omahaorange



Joined: 16 Jun 2009
Posts: 602
PostPosted: Thu Jul 15, 2010 10:25 am    Post subject: Reply with quote
Shop around. In my area they go between $20-22 each. There will always be a premium over the spot price of silver for these coins.
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08/11/2010
The Sheldon Scale for Grading Coins

The Sheldon Scale is the primary system in use for determining the grade of a coin.  The possible grades range from Poor-1 to Mint State-70 (usually expressed as MS-70).  Every possible number in between is theoretically available for describing a coin's state of preservation, but in practice only certain points of the scale are used (such as EF-45, but not EF-47.)  Learn more about the Sheldon Scale for grading coins.


The Sheldon Scale for Grading Coins originally appeared on About.com Coins on Wednesday, August 11th, 2010 at 04:38:22.

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more info

07/27/2010
Two-Headed Coins

One of the most common questions I get asked is about two-headed coins.  Someone finds the coin in circulation, so they're sure it has to be genuine!  They look at the edge, and don't see a seam, indicating that the coin was two "heads" halves that have been joined together.  If the two-headed coin is a fake, it has to have this seam, right?

Well, no...  In fact, most two-headed coins are very cleverly put together because they are intended to be examined by spectators during a magician's show or during some other display of clever coin manipulation (such as tossing a coin to see who buys the drinks.)  One thing all two-headed U.S. coins have in common is that they did not come from the U.S. Mint this way!

Learn about how to detect the joined halves of two-headed coins, so you can authenticate these cleverly deceptive marvels for yourself.

Two-Headed Coins originally appeared on About.com Coins on Wednesday, July 28th, 2010 at 03:56:23.

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more info