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Replies: 19 / Views: 3,471 |
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Valued Member
Canada
395 Posts |
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Pillar of the Community
Canada
2366 Posts |
For the 80% silver coins it's basically 0.6oz ASW per $ face value. Current price of silver is about $21 so melt value is about $12.60 per $ of face value which is pretty much what you paid. For the .925 sterling coins you got a good deal at below melt. If you're interested take a look at the grading guide here http://coinsandcanada.com/coins-grading.php and the price list here http://coinsandcanada.com/coins-prices.php for more info.
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Valued Member
 Canada
122 Posts |
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Pillar of the Community
Canada
1622 Posts |
Score!
The 1932 50c looks to be VG-10; that alone is worth around $175.
The second 1894 25c looks VG-8; perhaps $50.
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Valued Member
 Canada
122 Posts |
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Bedrock of the Community
Canada
24885 Posts |
1932 50 Cent Just over 19,000 1932 50 cents were struck, only slightly more than the 1948 dollar. Since there were not thought of as anything scarce while silver half dollars were still circulating, most of them are now seen fairly worn and it difficult to find them grading above Fine. This is why in grades above XF-40 they are more expensive than 1948 dollars. 1932 .................................... VG-8 $147.50 1932 .............................. ICCS VG-10 $180.00 Reference: http://www.calgarycoin.com/modern/cd50cent.htm
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Pillar of the Community
710 Posts |
Awesome. The 1932 50 cent piece is a great pick up! 
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Pillar of the Community
 Canada
5591 Posts |
You got some very good collectible coins there, but it at about $14 per face dollar, not 12.52 cents... and silver is about $15.50 US or about $20 Cdn
Edited by okiecoiner 07/30/2018 5:31 pm
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Valued Member
Canada
97 Posts |
You did very well on the lot. You got them very close to spot price. Older Canadian coins tend to fetch a small premium even if their classified as "junk" silver.
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Valued Member
 Canada
122 Posts |
okiecoiner I forgot to mention it includes taxes as well.
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Pillar of the Community
 United States
5029 Posts |
Great job. Definitely a good bargain. 
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Pillar of the Community
Canada
3733 Posts |
awesome score, your next purchase needs to be a coin book, perhaps charlton or canadian coin news, to get some ideas of numismatic value as opposed to melt value,, I conservatively think you may have a 3 bagger, the 1932, will pay for all your coins, plus some, the 1911 half is a semi key-25$, the nice 1894 quarter is 45$, 1931 half is 20$, the 1937 and 1938 half is 10$ each.. you did very well, if the shop you bought from is a pawn store or gold buyer, keep going back there.. get yourself some coin knowledge, you may have tapped a goldmine..
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Pillar of the Community
Canada
1571 Posts |
Anything below melt is a deal. Although some of the coins you picked up turned out to be decent, it's kind of lucky. It's few and far between that a coin dealer would overlook those, so I'm curious to know if it was a pawnshop or the like? Perhaps instead of dropping $100+ randomly in the future, spend a few bucks and get a couple reference books. They give ball park ideas on what's a good deal or not. Sometimes the most valuable thing in a coin shop is knowledge. Even if you're just picking up junk silver, you'd get an idea what to look for.
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Valued Member
 Canada
122 Posts |
Just bought the Charlton book numismatic guide and I am hooked with it. So many varieties and things to look for. This is my first major purchase and I believe I was just plain lucky.
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Pillar of the Community
Canada
1571 Posts |
Money well spent! Anything you need to know that's not in the book is just a few posts away. Welcome to the forum (better late than never)
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