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Businiess name:
Liberty Coin & Currency
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Review by:
citysearch c.
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Review content:
You better be careful here. They are nice people, yes, but I would not sell anything here. I had several rolls of pre-1965 US silver coins to sell. On-line calculators that day showed the silver value of the coins to translate to just under 22 times face value for my coins. Liberty coin offered me just 13 times face value for my silver coins, a 40% discount to the actual silver content. Recent sales on eBay were over 20 times face value. Portland Craigslist had cash buyers (""meet in a public place"") at both 19 and 20 times face value listed.
That is a substantial discount for a well-known and easily traded commodity (silver US coins). I would hate to go in there and ask what they would pay for something more difficult to assay like jewelry.
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Update March 29, 2012: Nope, bobd1, I got the same quote twice on the telephone from the woman there, one day apart. I called one day without knowing the exact price of silver and she told me 13 times face value. I then checked on the internet and found the silver weight
translated to face value was 22 times face. I waited and called the next day hoping to get someone else but she answered the telephone again. Without identifying myself I asked what price they were paying for pre-65 silver coins and her answer was 13 times face. I questioned it this time and her answer was that silver was down that day. (Actually it was down a few pennies per ounce but the face value was still about 22 times face.)
A week or two later the fly-by-night guys came to the Staybridge Suites and they were offering 18.5 times face in cash right there.
No, I am not a dealer.
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