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 Replies: 27 / Views: 4,545 |
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Pillar of the Community
 Canada
2360 Posts |
11.66 grams per coin x .8 (800 silver) = 9.328 grams silver per coin9.328 grams/31.1 grams troy ounce silver = 0.2999 ounce per coin40 half dollars x 0.3 ounces per half = 12 ounces of Silver
Silver is $20.86 per ounce Canadian 12 ounces x $20.86 per ounce = $250.32Gatewest is offering $11.68 x Face You have $20 face $11.68 x $20 = $233.60So Gatewest is only taking ~$17.00 in the exchange for their work. That is a fair deal and all junk silver is bought and sold this way. http://markets2.gatewestcoin.com/bullionBuy.html |
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Pillar of the Community
Canada
867 Posts |
Ok, IP is in Toronto, Gateway is in Winnipeg, correct? Any coin dealers in TO to recommend? it's a no brainer here in Vancouver, as J&M will take anything silver/gold...check their website for up to date bullion quotes
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Pillar of the Community
Canada
2360 Posts |
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New Member
 Canada
10 Posts |
Perfect thanks to all the posters for their help.
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New Member
Canada
10 Posts |
One more thing...
I also have half dollars from 1940 and 1941 - are these "collectible" or just melt as well?
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Bedrock of the Community
Canada
21652 Posts |
Any King George VI is collectable.
Value depends on condition.
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New Member
Canada
10 Posts |
these coins have been circulated
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Bedrock of the Community
Canada
21652 Posts |
Even circulated, still worth more than bullion.
Depends on what grade they are.
(Good, Fine, Very Fine Etc.)
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New Member
Canada
10 Posts |
Okay - so what do I do? Walk into a coin dealer and trust him? How much could they be worth? $15?
What do you suggest, given that I only have 2 of them.
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Pillar of the Community
Canada
3049 Posts |
 Take some pics.. post 'em up and we'll tell you what you've got and how much you could expect to get for 'em realistically. |
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New Member
Canada
10 Posts |
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New Member
Canada
10 Posts |
Pics of the 1940 and and 43 half dollar   |
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Pillar of the Community
Canada
3049 Posts |
They look like they're in Fine condition and would probably fetch $8 a piece for them.
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New Member
Canada
10 Posts |
reshoot. The 1940 coin is the one in which King George has a "bruised cheek"  |
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Pillar of the Community
Canada
867 Posts |
Melt Value....I can't see a dealer paying a premium over bullion for these, nor a collector for that matter.
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Posted 05/26/2015 1:52 pm
