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Replies: 57 / Views: 6,177 |
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Valued Member
 Canada
144 Posts |
I was hoping to post some of the older coins that I have to see what condition some of them are in and what I should ask for it (retail and wholesale price?) I'll start with some of the crappier conditioned coins
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Valued Member
 Canada
144 Posts |
#1 Coin 
Edited by kzy 07/06/2017 5:16 pm
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Valued Member
 Canada
144 Posts |
#2 coin 
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Pillar of the Community
Canada
3733 Posts |
coin 1, and 2 appear to be melt value. conditions appear to be poor.1st coin is .800 silver the 2nd one is .925
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Valued Member
 Canada
144 Posts |
#3 COin 
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Valued Member
 Canada
144 Posts |
#4 Coin 
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Valued Member
 Canada
144 Posts |
#5 COin 
Edited by kzy 07/06/2017 5:44 pm
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Valued Member
 Canada
144 Posts |
#6 Coin 
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Valued Member
 Canada
144 Posts |
#7 Coin 
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Valued Member
Canada
288 Posts |
Old as they may be, these coins are either harshly cleaned, damaged, overly worn, or all of the above. Any numismatic premium they might realize over melt would be minimal and not worth the hassle of posting them to ebay to save x% versus selling them off en masse to a dealer for scrap. This is the case for about 95% of most inheritances/accumulations. Good on you for posting here, asking questions, and getting involved. You're doing a lot better than most people who just sell it off without learning what they have.
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Valued Member
 Canada
144 Posts |
I figured. I have a about a dozen more like these that are in way better shape. These are the worst conditionsI have just. I was wondering if any of them are worth more then melt value?
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Valued Member
Canada
288 Posts |
Let's see the ones in way better shape
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Pillar of the Community
 Canada
5592 Posts |
They are all scrap silver. Those before 1920 are .925 silver. Those 1920-1967 are .800 and every face dollar of the 20-67 coins equal .6 troy ounces of silver. Silver today is $20.66 CDN per ounce, so each face dollar (10 dimes, 4 quarters, etc) is worth $24 for FULL FACE VALUE. Most buyers will give you around 85% of full scrap for normally circulated coins ... for ones like you've shown, probably 75-80% because the coins weigh so much less now than they were when new. Go to the CoinsandCanada website and look at the grading scales/photos that they have there or buy a copy of Vol 1 of Charlton who has a good grading guide in the front. Learn what all the grades from VF-UNC REALLY means so you can get an idea of any premium worth. Any below VF will be scrap silver unless a scarce coin ... you need to read/study before you sell or you will taken advantage of.
Edited by okiecoiner 07/06/2017 7:41 pm
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Valued Member
Canada
288 Posts |
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Valued Member
 Canada
144 Posts |
Here are some of the ones in better shape. WHat do you think?
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Replies: 57 / Views: 6,177 |