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Replies: 43 / Views: 4,928 |
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New Member
United States
24 Posts |
I have a few silver coins and am wondering how to decide, or get, numismatic value for them, since so many are now interested only in the silver content? What is a good site to offer them for numismatic value? Moved by Forum Mom from Classic US coins forum to Main Coin Forum.
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Moderator
 United States
56855 Posts |
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Pillar of the Community
United States
620 Posts |
To me e-bay sellers seem to get a good price. I have a friend well 3 friends that do very well on e-crater If you had more posts you could sell them here.
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Valued Member
United States
140 Posts |
Local coin shops can offer information, web searches, Whitman Red Book. Depending on how many you have, you might even be able to take a picture of them and post them on CoinCommunity and we can provide some information for you.
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New Member
 United States
24 Posts |
I do have pictures, like this: 
Edited by JLB 09/03/2012 1:15 pm
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Pillar of the Community
United States
2077 Posts |
Can't see the dates. Could you list them? Also, the mint marks are on the reverse, above DO in DOLLAR on the Morgans, and below ON in ONE on the Peace.
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Valued Member
United States
140 Posts |
If possible, try to list them in order so we can associate the date with the picture. And without seeing a detailed picture, we'll only be able to give you a rough grade/price.
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Moderator
 United States
23522 Posts |
Consider, also, the possibility that there may be a value-added variety among them.
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Pillar of the Community
United States
1704 Posts |
For most very common coins the numismatic value is erased when the price of silver exceeds a certain level then their value is determined by the amount of silver in the coin. We are at that state now with the spot price of silver exceeding the numismatic value for the most common dimes, quarters and half dollars in MS-60 or lower condition. The separation of their "melt" value and the numismatic value begins to distance themselves when the grade is MS-63 or greater. Typically the so called better dates will always have a premium over "melt" value but that too can be erased one circulated grade at a time as silver climbs even higher. The semi key and key dates even in the lower grades are somewhat resistant to the price of silver as demand for them would maintain the premium to some extent. What your goals are in collecting will determine how you are going to proceed. Of the common date silver long term buying of high grade, MS-64+, coins will have a better stability than lower grades which are more affected by the whims of the silver speculators. Ed ANA LM-3175
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Valued Member
United States
349 Posts |
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New Member
 United States
24 Posts |
Thanks. That's what I'm trying to get at, whether some are worth more than silver value, say $22 each.
I can re-shoot them, with mint marks, but for now here's a list of what I have:
1886P $1 1889P $1 1896 $1 1900 O $1 2 1921 $1 3 1922P $1 3 1922 S $1
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Pillar of the Community
United States
7194 Posts |
All look to be common dates and mostly circulated. You could probably get a little over $25 each from the right buyer.
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Pillar of the Community
United States
1704 Posts |
Silver dollars contain .77344 ounce of silver but trade at a premium over "melt" value due to the demand for them. The amount over "melt" depends on the condition, VF and lower retail about $32.00, XF about $34.00, AU about $36.00. Some dealers' premium might be less and some might be more. Dealer buy prices can be as low as melt value or less depending on how greedy they are. Honest dealers will pay about $3.00 to $4.00 under their retail price. Ed ANA LM-3175
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New Member
 United States
24 Posts |
So, in summary . . . what should I be asking for those I've pictured?
Thanks
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Pillar of the Community
United States
7840 Posts |
Ask $40 per coin...you could always haggle later. Selling them singularly should bring more (not much) than as a group.
Edited by oih82w8 09/04/2012 1:16 pm
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Pillar of the Community
United States
2077 Posts |
It depends a lot on how much effort you want to put into them. All of the dates mentioned are pretty common so unless they are XF or better, you won't have collectors expressing much interest. I'd take the best ones and sell them individually. The more worn ones will get maybe $30 and after selling fees, you'll be at about the same price as a dealer will give for melt.
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Replies: 43 / Views: 4,928 |