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Silver Coin Inheritance. Any Value Beyond Melt?

 
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United States
992 Posts
 Posted 04/19/2018  8:23 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
US coins are 78% silver to face ratio, so just multiply your total face value times 78% and then multiply by the spot price of silver. That's the bullion value. Most dealers will give you 90% of that, the 10% is their profit. Dealers who will give you less than that should be avoided, as well as dealers who want to weigh the coins and avoid paying for the wear, which is minimal. They all sell at spot price plus, usually on face value, that's the basis.
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United States
42897 Posts
 Posted 04/19/2018  8:45 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Exactly, could not be stated better.
Pillar of the Community
United States
2288 Posts
 Posted 04/20/2018  06:51 am  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
I know they're just worth melt, but they're still nice coins.

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