Sale experience @ my local meet

heyimderrick

heyimderrick

Active Member
I live just outside of Chicago, Illinois, USA. I attend an area meet with 50-75 dealers monthly. Generally there is only 1 dealer who has an assortment of pandas and then maybe 3-4 that have a stray here and there. Overall, panda enthusiasm is usually low in my area. Today wasn't much different in terms of availability, but dealers normally not interested in pandas were LOOKING FOR THEM. Good sign IMO, and what's better...I had brought a pocket full of slabbed, capsule and OMP pandas to barter with because I wanted to weed out some low-grade coins and also happened to be low on cash this month. I actually ended up selling them outright and using the proceeds to pick up some other items I was interested in. Here are the results:

Sold to dealers:

1989 1 oz silver - capsule only: $85
1990 1 oz silver - large date - OMP: $105
1993 1 oz silver - small date - NGC/NCS MS67 - $210
2001 1 oz silver - NGC/NCS MS66 - $100
2001 1 oz silver - capsule only: $100
2 x 2008 1 oz silver - capsule only: $75 ea.
2009 1 oz silver - 30th ann. capsule only: $100

Overall, quite a different experience this month; and I'm pretty damn happy with the sale prices.
 
Wow those prices are damn good (especially the 09).

I think they might've overpaid on the current market price heh.

Another bullish sign for pandas! :)
 
You make a very well deal in all the coins. I think the dealer dont know the real value of the pandas or he have the client to sell.
 
I based my asking prices on the Pricepedia. I originally intended to use those as my basis for bartering on a trade, but these 2 particular dealers were more interested in purchasing. Works for me.
 
heyimderrick said:
I based my asking prices on the Pricepedia. I originally intended to use those as my basis for bartering on a trade, but these 2 particular dealers were more interested in purchasing. Works for me.
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Im too use the pricepedias price to buy. But allways i buy for 10 or 20% less than pricepedias prices if i use my time to search for bargains.
 
Thor122 said:
Im too use the pricepedias price to buy. But allways i buy for 10 or 20% less than pricepedias prices if i use my time to search for bargains.
Click to expand...

Remind me not to sell to you. :lol:
 
wow Derrick you got and awesome deal with that sell !!!

I have a few 67's & 68's I'd like to sell at those prices :)

I agree with tamo42 on that 2001 MS66 for $100 :D
 
Wow! That was a good sell!!!

+1 to what Fish said... "Another bullish sign for pandas!" :)
 
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