rodzm
01-11-2011, 12:10 PM
Im selling 257 40% Kennedy Halves for my father who needs funds quickly. Selling way under melt right now for a quick sale.
Melt value is $1,124.67 will sell for $1,065 shipped. Paypal accepted and I will cover the fees.
Weatherman
01-11-2011, 01:13 PM
Im selling 257 40% Kennedy Halves for my father who needs funds quickly. Selling way under melt right now for a quick sale.
Melt value is $1,124.67 will sell for $1,065 shipped. Paypal accepted and I will cover the fees.
Have you considered a short term loan instead? A personal loan from a Credit Union, or even from a bank, should cost less than 1% in interest per month. It looks like you are offering to take a 10% loss (after fees and S&H) to make a quick sale. With time pressure relieved through a loan, you could sell the coins more slowly and capture the full value. To meet the payments on the loan, it will be easy to sell a few coins at a time, perhaps on eBay, to get the proceeds as needed. Obviously, it is possible that the price of silver could drop from here, but that is the only way I can see it being better to sell quickly at a loss. My guess (and my investment bets), however, point to higher silver prices (and possibly much higher) into April. If silver does rise from here, the costs of selling coins quickly now would go up considerably.
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