Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Price Of 90% Junk Silver .

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 13 / Views: 296Next Topic  
Bedrock of the Community
Learn More...
United States
14567 Posts
 Posted 01/12/2021  10:00 am Show Profile   Bookmark this topic Add T-BOP to your friends list Get a Link to this Message
What can I expect to pay for 90% junk silver U.S. coins from a '' We Buy Gold & Silver Shop ?
Proud Member of The Black Sheep Squadron !
In Memory of Fallen Black Sheep Mates .
Bedrock of the Community
United States
37088 Posts
 Posted 01/12/2021  10:08 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Tough call since it is 90% and not 100% silver,so less than going silver prices for sure. Maybe 30% below current bullion value? If I remember right,near the back of the Red Book gives bullion value per denomination?
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
Pillar of the Community
Canada
3266 Posts
 Posted 01/12/2021  10:44 am  Show Profile   Check silverwolf's eBay Listings Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
my shop is spot plus 5%, for junk,
Edited by silverwolf
01/12/2021 10:44 am
Pillar of the Community
United States
3830 Posts
 Posted 01/12/2021  10:48 am  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
2 weeks ago when silver was around 26.50/oz, my lcs/pawn was asking 210.00 for 5 dollar face
Pillar of the Community
United States
1694 Posts
 Posted 01/12/2021  1:20 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
210.00 for 5 dollar face


Valued Member
United States
77 Posts
 Posted 01/12/2021  1:44 pm  Show Profile   Bookmark this reply Add Safaga to your friends list Get a Link to this Reply
"210.00 for 5 dollar face"

Are these numbers are correct?
Bedrock of the Community
Learn More...
United States
14567 Posts
 Posted 01/12/2021  2:56 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
"210.00 for 5 dollar face"

That's a heck of a lot of money for $5 face .
Proud Member of The Black Sheep Squadron !
In Memory of Fallen Black Sheep Mates .
Pillar of the Community
United States
3830 Posts
 Posted 01/12/2021  5:22 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
...I know..I asked twice and got the same answer, I just quietly chuckled and left. However while I was there, I did pick-up a 1984 LA Olympiad comm.dollar for $14.00 from local sellers box..glad they didn't mark it up...
Valued Member
United States
55 Posts
 Posted 01/12/2021  6:00 pm  Show Profile   Bookmark this reply Add Numiscrat to your friends list Get a Link to this Reply
This is just my experience over the past few months. Maybe there is some regional variability, but....

What Silverwolf said is a completely reasonable price through any sources I have. At the spot right now, around 20x face seems about right.

Around here, and through online auctions, or from the big online bullion sellers, there has been a pretty solid premium over spot since the COVID thing started. Buying at or below spot has not been possible for me, unless someone does poor math or does not know the silver content of foreign coins.

Silver dollars tend to bring higher, Morgans also > Peace. Besides their slightly greater (disproportionate to the same face value of other US 90%), the dollars seem to go higher right now. For perspective, I bought some low grade grade Peace dollars in June for $19 each from a private seller when silver was still at around $18. I had my local dealer tell me that that price was below his cost if he ordered through his wholesaler.



Valued Member
United States
55 Posts
 Posted 01/12/2021  6:10 pm  Show Profile   Bookmark this reply Add Numiscrat to your friends list Get a Link to this Reply
Should add that in that pile of Peace dollars—which the previous owner had started to clean with baking soda and aluminum foil—Aack!—was a grubby, sticky, dingy 34 D of an undetermined grade. Some warm water (acetone was not as effective in this instance) removed the gunk to reveal a slightly toned, undamaged AU coin. It promptly displaced another coin from my Peace dollar album!
Pillar of the Community
United States
891 Posts
 Posted 01/12/2021  6:32 pm  Show Profile   Check Collects82's eBay Listings Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
So they are selling common / circulated / scrap pile Morgan & Peace at $42 each? (210 / 5 = 42 for a $1 face coin)
My hoard of '82s is up to 204! 218 BC x 1, 118 BC x 3, 18 BC x 1, 82 x 1, 182 x 1, 282 x 2, 382 x 1, 582 x 2, 682 x 1, 782 x 2, 882 x 1, 982 x 4, 1082 x 1 1182 x 8, 1282 x 2, 1382 x 1, 1482 x 5, 1582 x 13, 1682 x 15, 1782 x 57, 1882 x 49, 1982 x 33
Pillar of the Community
United States
3555 Posts
 Posted 01/12/2021  8:23 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
You can get $10 rolls of silver Washington quarters on eBay for $185-200 just for comparison.
Pillar of the Community
United States
4106 Posts
 Posted 01/13/2021  07:37 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
In my 45 years of dealing PM's I don't believe I've even seen a LCS selling 90% below spot.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
4377 Posts
 Posted 01/13/2021  08:49 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
I was able to get about $5 fv for 16x face at a couple pawn shops, most were BU 50's Washington quarters. I know people can feel weary about them due to extreme markups and the like but if the coins have been sitting on their shelf long enough you can get a deal!
Edited by Adam_E
01/13/2021 08:50 am
  Previous TopicReplies: 13 / Views: 296Next Topic  
 
To participate in the forum you must log in or register.





Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2021 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2021 Coin Community Forums
It took 0.72 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05