Trader Sam's Coins
Wheelchair Accessible: Yes
Price Range : Above Average
By Appointment Only: No
Be the first to add a photo!
01/03/2009Provided by Citysearch -
Simply this man is a pilferer, and should be avoided.
I buy and sell metal as a side hobby. I had wanted to check this location out for a while, so I decided to stop in with $40 face of 64 Kennedys to see what he would offer.
- Silver closed at $14.47
- There is 28.9 ounces of silver in 80 90% sliver half dollars.
NOTE: Only a fool would expect to receive that amount. A good rule of thumb is to expect to lose around 2%-5% in trade. Let's say I was feeling like I really wanted to get rid of the silver and would give him 10%
- 10% of $418 is basically $42
- I should expect to receive $376 (This is still a bad deal for me and an excellent deal for Sams)
They offered $240 and attempted to confuse me with some quick talk. Unfortunately for them I know how metal works and laughed, showed the math, explained that they had just lost a large amount of future business and walked out with my silver.
Avoid at all costs.