Selling "junk Silver"

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Author	Replies: 5 / Views: 1,369
madman12000 Valued Member United States 141 Posts	Posted 04/06/2007 02:15 am I was wondering if any one out there has sold their junk 40% halves to a dealer? I have not, and was curious as to what percentage below melt most of them pay. I have been waiting for the value of a 40%er to go above 2 bucks, but I want to be able to get at least 2 dollars for it.I have well over a hundred halves, and was thinking that it might be time to open a new savings account... Thanks. Report this Post to the Staff

scmoore61 Valued Member United States 487 Posts	Posted 04/06/2007 5:20 pm Hello, They are going for 1.835 today in $1000 face bags Report this Post to the Staff
Fishnwidow Valued Member United States 228 Posts	Posted 04/06/2007 5:35 pm I go to Coinflation.com and play with the silver & copper value calculators. For fun I enter way to many coins...I justify it by telling myself I may buy them some day. Fishnwidow Report this Post to the Staff
Susanlynn9 Forum Mom United States 5877 Posts	Posted 04/06/2007 5:47 pm Sorry, but I don't think you're going to see $2 each for the 40% silver. As a dealer, I would only pay 75% of melt for resale. Figuring spot price at $13.65, melt would be $2.02 per coin. The only way you may be able to get full melt for them is to sell them in rolls on ebay. Report this Post to the Staff
tradernick Valued Member United States 138 Posts	Posted 04/06/2007 11:04 pm I've been buying them at $1.50-$1.60 per coin. Some of the larger dealers have sell prices posted at $2 each or less in bags of $1000 face value. Nick Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 04/06/2007 11:11 pm I agree with attempting to sell them on ebay. You may end up with $10 each from some of the idiots that bid on almost anything. Report this Post to the Staff
	Replies: 5 / Views: 1,369

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