I have an offer is this a good deal for silver dimes?

[dmb062082-migration]

I can buy 100 silver dimes for 230. Is this a good deal? Thank you in advance.

[BillJones]

Using the November 2 Gray Sheet numbers, 100 silver dimes would be worth $224.50 with silver at $31.79 per ounce. You are in the ballpark.

[dmb062082-migration]

So should I make the purchase? Thanks!

[BillJones]

That up to you. If you buy it you are making a bet that silver bullion is going to go up in price. I'd be more comfortable buying half dollars, and dimes are still silver.

[dmb062082-migration]

May I ask why half dollars over dimes?

[BillJones]

May I ask why half dollars over dimes?

 

Fewer coins to count, and some people clain they end up with a little more silver because of the wear factor.

[dmb062082-migration]

Alright. Sounds good to me. Thanks!

[JStull]

Current price of silver is $31.95, so the total silver value for 100 dimes is $231.

 

It's up to you if you buy. But as with any investment, there is a risk involved.

 

You may buy these for $230, but if silver drops $5 or $10 for some reason, you've lost money on this investment.

[Catbert]

Current price of silver is $31.95, so the total silver value for 100 dimes is $231.

 

It's up to you if you buy. But as with any investment, there is a risk involved.

 

You may buy these for $230, but if silver drops $5 or $10 for some reason, you've lost money on this investment.

 

Of course, his profit or loss is only realized upon when he sells, based upon the bullion price at that time.

[johnny9434]

welcome to the forums as well

[e1cnr]

I check latest values at

coininflation

 

 

and looks like very close to market for both buyer and seller now

[Coindude]

An interesting fact is that you can usually buy silver dimes at a little less than spot. Quarters and halves at spot and dollars a bit above. Not a horrible deal, but not a great deal.

[mkman123]

Doesn't sound like a bad deal, go for it