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Replies: 29 / Views: 2,362 |
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Pillar of the Community
United States
2189 Posts |
 I would check locally first, see if you can get close to the spot price or a little less, say 10%. @ $31.43 spot (22.7x's face value) if you can get 20x's face locally it saves you from listing them and shipping on ebay, with basically the same results.
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Valued Member
United States
380 Posts |
You should put your trick nickel in the grading forum and see what kind of fun that makes.
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Pillar of the Community
United States
8518 Posts |
Ha I have one of those squirting nickels too.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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New Member
 United States
6 Posts |
RK55. To what does that equal to in dollars? Lol. Sorry I'm confused.
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New Member
 United States
6 Posts |
So if the face value is 87.70. I multiply it times 22.7? How do you post pictures from your iPad on here?
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Pillar of the Community
United States
2189 Posts |
At the current spot price you multiply it by 22.7 correct. so for every dollar its $22.70. my thought of 20x's face would be approx 90% of the silver value. I would use that as a guide....less than that offered to you I would sell on ebay. also note....the 1965-1970 Half dollars are 40% silver. Maybe you already know that but just a thought. I don't have an I phone....but someone else can probably help.
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Pillar of the Community
861 Posts |
Edited by g048406 02/08/2013 9:06 pm
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Pillar of the Community
United States
2335 Posts |
If you live in or near a town of any size there will be plenty of places that buy silver/gold. Most of them will offer 35-70% of melt but there will generally be at least 1 that pays 90% of melt. Counting fees you won't do much better than that on ebay. You should figure melt value on your coins & call around.
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Bedrock of the Community
United States
20753 Posts |
 Unless you are need of money fast, I suggest you take the time to invest in a book called the Red Book by Whitman Publishing. Use it to check out what your have. Of course if you just dump all for bulk prices you may never know what you HAD. Just think how you would feel if you did look through them and found a coin worth hundreds or even thousands of dollars.
Edited by just carl 02/09/2013 10:49 am
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Bedrock of the Community
United States
17884 Posts |
Quote: You could let us in the five secret words for free silver that is going around the internet also. (Five words for free silver from banks) ;) Do you have any halves?
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Pillar of the Community
United States
1227 Posts |
honeywah,  I'm going to agree with those who said "earn your 250 posts here and then sell via CCF auction." You have no idea, it seems, what "could" be in those coins; I can tell you from working as a cashier that people will hand you the darndest things. One of my former bosses got a real Morgan dollar from a guy who wanted a newspaper ( a newspaper!), and she brought it in to work the next day and handed it to me and went " . . . . what is this? CCF very kindly graded it for her (AU58!) and she went home happy. Another cashier bought a roll of dimes off the safe in her store after her boss opened it and went "ugh, these are all green!"--for five dollars she picked up a roll that was 100% silver and contained a near-complete set of silver Roosies, a healthy amount of Mercs--and a Barber dime. She thought the Barber was foreign and before I found out and could stop her, handed it out in change. Post your pieces here and do a bit of research. I don't know about you, but if I sold a CC Morgan for melt and found out about it later, I'd be sick. It took me under three months to hit my 250 replies, and I'm a rather chatty member. If you have only half an hour a day to join us, you can hit your 250 around that 90-day mark and post here in the knowledge that you are among people who want a good deal for themselves but will not fleece you (and I'd personally like a shot at some of those Walking Libertys).
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Pillar of the Community
United States
3486 Posts |
honeywah, If you do not need to sell in a hurry, please stay with us a while and learn.
Members: KEEP ADVICE SIMPLE!
Example: "spot silver" is the price of pure silver contained in a coin. It changes constantly. BUT! Much like the commodity price of coffee or orange juice, we do not pay spot price for either of them. Processing, transportation and profit margin come into play. It adds to our cost. I use a 20 percent margin when selling bulk silver. More realistic. Bad weather in South America? The middle men pay OVER spot! A glut of oranges in Florida? The middle men pay LESS than spot!
Edited by matthewvincent 02/09/2013 4:17 pm
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Pillar of the Community
United States
2311 Posts |
Very nice silver coins you have. You can sell them here once you get 250 post like they have stated. Or you can use ebay.
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Pillar of the Community
United States
1227 Posts |
Honeywah, I am going to add some further advice. Sort your coins two ways: --first, by size. Except for the Large and Small Cent (small cent = the penny we use now) and the downsizing of the dollar coin, our common-denomination currency has stayed more-or-less the same size for well over 150 years. If it's silver and quarter-sized, it's probably a quarter. If it's dime-sized, it's probably a dime. And so on. I certainly won't discount that at some point someone has handed you a real gold dollar or a 20-cent piece--I've heard wild stories from some local tellers and again, as a gas-station clerk I have some wild stories of my own--but while possible, the odds are low. --next, take each pile of one size, and separate it by the picture--you'll have an easier time doing this with the obverse, or "heads" side of the coin, since the portraits vary widely and the reverses (tails) are . . . well, not "the same," but they often bear more resemblance to each other than the obverses do. This will give you a rough grouping by year--you'll only find Roosevelt dimes after 1946, for example. Once you have these piles, you can start looking at entire groups of coins, rather than researching each individually. For example, you have a dime with the god Mercury* on it and the year is 1932. Pop it in Google and it should give you a whole list of dimes from about.com, where you can discover that there's really only one Mercury "key" date (1916-D) and the rest are mostly worth melt value (only the silver that's in them). You can research entire groups, set aside important dates, and this will save you a lot of time. *It's actually Lady Liberty in a winged cap, but as you can tell by the fact that " Mercury dime" is the accepted usage, there are a whooooooooooooole lot of people who don't know that.
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Replies: 29 / Views: 2,362 |