Need opinions for an offer on silver quarters.
Friend got an offer for $12,500 for $500 face value of silver quarters. That's $6.25 per silver quarter. Have no clue how many he actually has (rough estimate is >$1000 face value).
He wants to sell enough for $1000 cash now, but was asking my opinion on what to do with the rest, so I present the question to the opinion generator known as 2+2.
- Sell Everything, deposit cash in the bank (gold and silver are only going down from here)
- Sell Eveything (Buy as much Gold as possible)
- Sell Some and Observe Silver Market
- Holy **** how much do those damn things weigh?
Thanks for advice, opinions etc.
*Edit*
Where is the best place to sell these things? (obv highest bidder, but where is he? feebay?) Most lots on ebay are selling for just shy of $7/quarter
Last edited by RadioActive1; 08-16-2011 at 05:22 PM.