How Much Are Worn Dimes From 1960 And 1945 Worth?

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Author	Replies: 3 / Views: 56
au_investor_4732 New Member United States 21 Posts	Posted Today 1H 36M ago According to Numista, 1960 vintage dimes in worn shape are worth $7, and 1945 vintage dimes in worn shape are worth around $7 to $9. Is this in line with how much I'd get for selling these coins to a dealer? Report this Post to the Staff

Roller42 Valued Member United States 93 Posts	Posted Today 1H 17M ago They are probably just worth the 90% silver bullion value, which right now is $4.74 each. Silver has been pretty active lately and it goes up and down. Here is a good site to check bullion value of silver and gold coins. http://coinapps.com/silver/coin/calculator/ Dealers are looking to make a profit so you can count on a 20-30% discount over actual melt value if they will buy. Report this Post to the Staff
au_investor_4732 New Member United States 21 Posts	Posted Today 1H 6M ago Roller42: Thanks! $4.74 is far short of the $7 to $9 figures shown by Numista. Are Numista's figures based on sales from earlier this year, when silver prices were higher? If the amount I'd get from dealers is 20% to 30% less than the actual melt value, does that mean that these dimes would fetch less than $4 each? Why would these coins fetch so much less than the actual melt value? Is it because the dealers would rather have more valuable coins (with more absolute profit) in their inventory? Report this Post to the Staff
Roller42 Valued Member United States 93 Posts	Posted Today 54M ago Quote: Roller42: Thanks! $4.74 is far short of the $7 to $9 figures shown by Numista. Are Numista's figures based on sales from earlier this year, when silver prices were higher? I don't know, but if they will give you $7-$9, grab it! Quote: If the amount I'd get from dealers is 20% to 30% less than the actual melt value, does that mean that these dimes would fetch less than $4 each? Every dealer or bullion buyer will buy at the price that is right for them to make a profit. Circulated Roosevelt dimes are basically just bullion, unless you get a rare variety or error. Quote: Why would these coins fetch so much less than the actual melt value? Is it because the dealers would rather have more valuable coins (with more absolute profit) in their inventory? Yup. Most common circulated silver coins are usually flipped to a refiner or bagged and sold in lots. Most people who buy bullion like shiny new rounds or bars instead of worn "constitutional" coins. Plus, if they are holding for bullion they want exact weights of .999, not worn coins which have lost part of their silver. I have sold a LOT of silver coins over the last couple of years, as have many other collectors. $4 for a dime you got for 10¢ or 50¢ is a pretty good profit. Report this Post to the Staff
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