Hi fellow Stackers; I have found a cheap source ( 20% - 10% below spot) source of world silver fractional coins e.g. AUST: shillings, florins, six pence, three pence Germany: 5 marks, 3 marks, reichmarks etc Peru; Russian; Italy; Swiss; Panama; France etc. I have researched them on coinflation and other websites and the years all match up - they are fractional silver years. The seller is trusted - it is a face to face transaction with an old bloke who is a collector - not a bullion stacker. The question is - WILL PEOPLE BUY THEM? Would you buy them? Would Ebay buy them? My plan is to buy and flick within 3 - 6 months rather than add them to my core metal position... Thanks in advance - HD.
I buy world fractionals in less than perfect condition, they make a great addition to a pirates treasure chest! You can never have too many! However, on the scale of silver popularity they are not high! But you only need to find a few buyers and you are sorted, you will find them on this site! Buy 'em.
Just be aware if you need to dump them in a hurry, most dealers will only pay around 85% of spot for anything sterling or less purity - maybe 90% if you are lucky If you can pick them up between 10% - 20% below spot you really won't lose anything worse case - except if spot itself drops
I would/will buy fractionals, but I already know exactly which ones I want to get and will most likely have to import them to get my hands on them, the other fractionals I want are available locally so I will see how I go with that
If you can get the German Reichsmark below spot i would say jump at it They sell for way above spot these days close to 25-30 for a 5 Reichsmark which has .4 oz Best of luck .
Stick to bigger countries and coins which are easier to recognise as you might have difficulty selling when it's not as recognisable.
I would totally buy them. To me silver is silver and when you stack less that 99.9% then you are also stacking copper/nickel/zink or what ever Also if you needed to buy something with silver like a loaf of bread and it was equivilant to $2.5 then 4 little post 1946 threepence (50%silver) would make the deal with no change needed
Thanks guys. I bought a few things this week and will keep picking over this collectors stack - all sorts of stuff. Got 3 of those 5 reich mark coins this week and paid 80% of spot - had no idea they would be worth more. I just just a melt value calculator on my smart phone.... Thanks for all the advice and feedback.
I haven't had any problems getting rid of fractionals when I get my hands on em cheap. After the eBay/PayPal fees, the profits are not too big, but it is still a profit.
I want to stack florins (mainly the .925 but i would stack the .500) they will sell. It would be awesome to have 100+ florins
