Where to get junk silver?Submitted by ramicio on Thu, 02/28/2013 - 15:45
All over eBay the prices on 90% junk silver seem to be outrageously over what it's worth. A roll of 90% quarters is worth about $206 right now, but of course they are like $250 and higher for worn circulated crap. $206 assumes they are the weight they were when they were minted, which doesn't apply to circulated currency over 50 years old. Then you have the uncirculated or lightly-circulated crap that is going for $350-$400. I can see spending around $260 for the newer uncirculated proof state quarters, but not that much for old, circulated, worn crap. Does anyone have a source where to get small amounts of this stuff for about melt value? Even the bulk bags (which I could never afford, but this statement is for a point) are insanely overpriced and you don't get any bulk discount. It seems the prices aren't shrinking with the spot price. BS to me.