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Silver Content V. Numismatic Value

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United States
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 Posted 09/03/2012  12:08 pm Show Profile   Bookmark this topic Add JLB to your friends list Get a Link to this Message Number of Subscribers
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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John1's Avatar
United States
56855 Posts
 Posted 09/03/2012  12:13 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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Captain Morgan's Avatar
United States
620 Posts
 Posted 09/03/2012  12:24 pm  Show Profile   Bookmark this reply Add Captain Morgan to your friends list Get a Link to this Reply
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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cjtm92's Avatar
United States
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 Posted 09/03/2012  12:34 pm  Show Profile   Bookmark this reply Add cjtm92 to your friends list Get a Link to this Reply
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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United States
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 Posted 09/03/2012  1:15 pm  Show Profile   Bookmark this reply Add JLB to your friends list Get a Link to this Reply
I do have pictures, like this:

Silver-Content-V.-Numismatic-Value
Edited by JLB
09/03/2012 1:15 pm
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 09/03/2012  2:11 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
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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cjtm92's Avatar
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 Posted 09/03/2012  2:39 pm  Show Profile   Bookmark this reply Add cjtm92 to your friends list Get a Link to this Reply
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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SsuperDdave's Avatar
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 Posted 09/03/2012  3:16 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Consider, also, the possibility that there may be a value-added variety among them.
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Gyrene7483's Avatar
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 Posted 09/03/2012  8:07 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
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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Weezer1878's Avatar
United States
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United States
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 Posted 09/04/2012  09:43 am  Show Profile   Bookmark this reply Add JLB to your friends list Get a Link to this Reply
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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muddler's Avatar
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7194 Posts
 Posted 09/04/2012  10:34 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
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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Gyrene7483's Avatar
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 Posted 09/04/2012  12:19 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
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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 Posted 09/04/2012  12:55 pm  Show Profile   Bookmark this reply Add JLB to your friends list Get a Link to this Reply
So, in summary . . . what should I be asking for those I've pictured?

Thanks
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/04/2012  1:15 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
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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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 09/04/2012  1:56 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
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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