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 Replies: 23 / Views: 3,519 |
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Bedrock of the Community
Australia
21786 Posts |
Try and sell most modern proof silver coins back to a dealer.
You will get spot if you are lucky.
That is my experience anyway.
That is why I do not collect new modern mint product from any country.
Very occasionally, I may buy at below spot (mainly at coin shows), if the opportunity presents itself.
However, genuinely rare silver proof coins (generally struck before about 1960), can be very pricey.
Edited by sel_69l
07/05/2023 07:52 am
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Pillar of the Community
 United States
5177 Posts |
Quote:
The modern commemoratives are mostly silver dollars, with some halves (mostly clad, some silver). I mean the ones Monument Metals is selling. |
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Pillar of the Community
United States
3343 Posts |
As a corollary, modern sovereign gold proofs like the US Arts medals and Canadian 1/2 oz $100's sell for less than junk gold. They sell for less than most modern bullion coins as well. Much cheaper than Eagles and Maple Leafs.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
07/06/2023 08:09 am
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Pillar of the Community
United States
676 Posts |
@NumisEd, no idea, I have never bought online, sorry.
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Valued Member
 United States
84 Posts |
Most of my orders are state or ATB silver quarters. One set was 20 1982 George Washington commemorative halves. Again, these are generally cheaper than constitutional silver. 21.10 per dollar face today. |
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Pillar of the Community
United States
592 Posts |
I ordered $10 worth & received a roll of 1/2 dollars for $220.
15 Washington, 1-1993 Madison, 4 Kennedy, 1993,2005,2008,2015.
Great for stacking!
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Valued Member
United States
84 Posts |
Well got several orders of Washington silver proof halves and Kennedy silver proof 1992+. One even had the Madison silver .50c proof. Running about $21 per face value. That is less then most of the pre 65 constitutional.
Edited by BearlyHere
07/11/2023 6:42 pm
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Pillar of the Community
United States
2049 Posts |
Still waiting to see where junk silver is 30x face as stated on 7/3?
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Pillar of the Community
United States
5177 Posts |
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Pillar of the Community
United States
2049 Posts |
Quote:Large online bullion dealers such as Monument Metals and SD Bullion have cull Peace and Morgan dollars for 33-37 x FV. Those aren't included in bags of 90% silver, though. Those bags contain dimes, quarters, and halves if sold as a mix. Silver dollars are sold on their own at the prices you stated. Most people also do not consider Morgan and Peace dollars as junk silver. |
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Valued Member
United States
84 Posts |
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Pillar of the Community
United States
691 Posts |
My first order turned out to be 40 very nice looking proof Virgin Islands quarters. I think I'll place another order just to see what I get. The idea of receiving a "mystery package" makes it fun for me.
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Pillar of the Community
United States
691 Posts |
My second order turned out to be 20 JFKs from the 1990s and 2000s. Nice looking coins, My third order was the same catalog # but I got 40 BU Washington quarters from 1964 and before. Not what I expected but I can't exactly say I am disappointed. |
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Valued Member
United States
84 Posts |
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Pillar of the Community
United States
2520 Posts |
pretty much all the silver I pick up is from ebay and I pay less than melt. Alot of it comes as modern silver proof sets. Throw best offers at the seller and see who bites. |
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Replies: 23 / Views: 3,519 |
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Posted 07/05/2023 03:26 am
