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 Replies: 11 / Views: 1,757 |
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Valued Member
United States
408 Posts |
My neighbor has some common date silver half dollars she wants to sell. What is a fair price. What is current silver
price in relation to half dollars?
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Pillar of the Community
United States
3345 Posts |
google "silver coin melt calculator"
Edited by rachums107
11/21/2011 8:55 pm
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Valued Member
United States
64 Posts |
What will an avereage dealer give?
How much times face?
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Pillar of the Community
United States
745 Posts |
20 times face would be nice at today's spot
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Pillar of the Community
United States
1304 Posts |
$11.37 Melt Value  |
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Bedrock of the Community
United States
10038 Posts |
One dollar of silver is .77 OZ. So multiply the daily melt value by .77 to find the value of one dollar of silver coins (or just do as rachums said!). Also note this is not what a dealer would pay as they need to make a profit.
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Valued Member
 United States
408 Posts |
Thanks for your replies and help.
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Valued Member
United States
302 Posts |
Quote:
One dollar of silver is .77 OZ. First, that is ONLY true for silver dollars. It is NOT true for anything smaller. Second, that is ONLY true for NEW silver dollars, NOT worn silver dollars. |
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Pillar of the Community
United States
2168 Posts |
The dealer I go to pays spot less $3 when you buy its spot plus 3 percent
Edited by angel2004
11/22/2011 11:05 am
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Pillar of the Community
United States
2168 Posts |
So today to sell gets $20 for $1 face or about $23.60 per $1 to buy. That's at $32 per Oz. There are appox 715 to 723 oz of silver per 1000 face. (Based on wear)
Edited by angel2004
11/22/2011 11:19 am
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Valued Member
United States
421 Posts |
wow, angel2004 thats not too bad. I am getting around $20.00 for $1.00 face value and they are selling it at $28.00 for $1.00 face value and morgans at $30.00 each. Ouch.
So where are you buying at those prices because I would love to do business with them buying.
If you want you can send me an e-mail.
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Pillar of the Community
United States
2168 Posts |
Just a local shop near where I live. I really don't like to put too much personal info online. What part of the country are you in?
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Replies: 11 / Views: 1,757 |
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Posted 11/21/2011 9:03 pm
