Junk Silver - Coin Community Forum

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Author	Replies: 8 / Views: 3,116
nancyk Valued Member United States 94 Posts	Posted 12/05/2010 7:58 pm How do you determine what to sell 40% silver for? I have lots of JFK's from 65-69 which I assume or 40% as I see no copper. What is a reasonable price to charge somebody for $300 fv of 40% silver. My mental math if getting very weak. Wish there was an easy formular for 90% and 40% related to spot...say 20 times for 90 and 7 times for 40. Any suggestions? Report this Post to the Staff

BH1964 Bedrock of the Community United States 10982 Posts	Posted 12/05/2010 8:20 pm There are simple formulas to use to calculate silver value of U.S. coins. For 90% silver use: 0.715 X Spot Price. This will give you the multiplier. For 40% use: 0.295 X Spot Price. Right now at $29.59 spot we're at 21.1X face for 90% and 8.7X for 40%. Remember these are silver value and form a starting point for pricing. Many people buy and sell at under spot. Sometimes well under spot these days. Good Luck! P.S. Here's an allowable link: http://www.silverrecyclers.com/Calc...culator.aspx ANA #R3154474 Edited by BH1964 12/05/2010 8:22 pm Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 12/05/2010 8:21 pm Quote: from 65-69 which I assume or 40% as I see no copper. Yes, 1965-1970 halves are 40% silver. I did a completed listings search on ebay and they seem to be going for about $75-$85 for $10 face. Report this Post to the Staff
Fatcat161 Valued Member United States 277 Posts	Posted 12/06/2010 09:36 am I think this link will be acceptable. http://www. (124) This link is not allowed by the Staff .com/coins/silver_coin_calculator.html Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 12/06/2010 12:17 pm I have a link to our own markn's calculator in my signature. Report this Post to the Staff
DylansDad Valued Member United States 476 Posts	Posted 12/06/2010 12:20 pm I sold some at 7x face to my local B&M on Saturday. Report this Post to the Staff
nancyk Valued Member United States 94 Posts	Posted 12/06/2010 4:27 pm Thanks for all the help. Isn't it unreal how the price of junk silver is rising. I have $300 fv in 40% JFK and $150 of 90%, mostly Franklines. I figure I have more than $5000 in junk silver just sitting there. Wow. Report this Post to the Staff
Tim Stroud Pillar of the Community United States 2661 Posts	Posted 12/06/2010 5:03 pm Due to the extra cost of refining 40% halves expect to get much less than silver value for them. At around $2650 of silver for $300 FV of 40% I would say you could expect about $2000. I would consider anything above 6X face to be good. I can hardly find anyone to give that around here. Report this Post to the Staff
fistfulladirt Pillar of the Community United States 4333 Posts	Posted 12/06/2010 6:21 pm You will get your best price from the popular on-line auction site, with a slight fee, of course. Their auctions seem to dictate the price paid for coins and junk silver. When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72 Report this Post to the Staff
	Replies: 8 / Views: 3,116

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