I was wondering what you all think. I already have eight and I have the chance to buy over a hundred at face which is $10. They each have 0.6 oz solid .999 in the center. My wife works in a casino cage and they are about to destroy them so I will never be able to cash them in for face. Will I be able to sell for melt in the future, or are they not considerd reliable mint source?
APMEX is selling a 100 token lot of silver $10 casino tokens for over $2450 as of this writing. They say their tokens have 0.6423 oz of silver. At $10 a piece you would be getting the chips for well under melt (I am not advocating for you to buy; I am just giving you some info). I hope this helps.
I would jump all over it @ $10 a piece. Yes you would be able to sell them at melt though a completed search of ebay they bring $20 plus http://completed.shop.ebay.com/Coin...o silver strikes&_fln=1&_trksid=p3286.c0.m283
Wow I didn't know they were that popular! I checked on ebay and they didn't seem to be selling like the silver coins do, but I did not check the completed listings. I hope I can get the money to buy them out. They don't even know how many they have back there other then its over one hundred!
Silver spot is $37.71 (at this instant in time). If each silver strike has 0.6 oz of .999 silver let's calculate the value of the silver in each one: 0.6 oz. X 0.999 X $37.71/oz = $22.60. I would say you are getting a bargain. You should easily double your money. I would buy all they have.