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I Brought Some Silver Coins.

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Valued Member

United Kingdom
71 Posts
 Posted 10/06/2013  3:47 pm Show Profile   Bookmark this topic Add 241079 to your friends list Get a Link to this Message Number of Subscribers
Here are 4 silver coins I brought today with some money I made from scraping copper they are x2 900 silver Morgan dollars dated 1889 & 1921 and x2 925 silver Queen Victoria crowns dated 1887 & 1891 I paid £80 for all 4 coins but thats not bad because I paid for them with money for old rope.

I-Brought-Some-Silver-Coins.

I-Brought-Some-Silver-Coins.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/07/2013  01:44 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
3.2 ounces actual silver weight.
Spot price for silver currently GBP 13.55 / oz.
Bedrock of the Community
United States
20753 Posts
 Posted 10/07/2013  09:32 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Coins appeared to have been cleaned. Still look as if in very decent condition. Price appears a bit high but considering where the money came from, makes little difference. AND
Valued Member
United Kingdom
71 Posts
 Posted 10/07/2013  11:23 am  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
yep I cleaned them and by 2020 silver will be over £100 per oz due to no more gold being left for jewlery.
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 10/07/2013  2:30 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
Is the gold left in the mines and the sea all going to disappear in 2020 ?
Valued Member
United Kingdom
71 Posts
 Posted 10/07/2013  2:33 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
When it comes down to coins it has been known for people to pay over 80.000 dollars for 3 grams of copper what do you have to say about that sel_691 ?
Valued Member
United Kingdom
71 Posts
 Posted 10/07/2013  2:36 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
It wont go away but it wont be reachable due to health and saftey laws that will be applied.
Valued Member
United Kingdom
71 Posts
 Posted 10/07/2013  2:40 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
forget about gold silver is the only way forward.
Valued Member
United Kingdom
71 Posts
 Posted 10/07/2013  2:50 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
i have the same vision on silver now as I had on gold 12 years ago this time ago I could buy many of bullion bars of 24k gold at 100grams for £1000 that is £10.000 per kilo todays value is £30.000 per kilo silver is the way forward.
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trout1105's Avatar
Australia
7096 Posts
 Posted 10/07/2013  3:54 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
yep I cleaned them



These coins were probably worth in excess of the 80 quid you paid for them BEFORE you ruined them by cleaning them.
They are now simply bullion and the numismatic value has gone
Edited by trout1105
10/07/2013 3:57 pm
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baysinger626's Avatar
United States
950 Posts
 Posted 10/07/2013  8:14 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply

Quote:
When it comes down to coins it has been known for people to pay over 80.000 dollars for 3 grams of copper what do you have to say about that sel_691 ?

If you know someone who pays over $80 for 3 grams of copper, then you should be getting all the copper you can lay your hands on and selling it to them, before they realize they are totally clueless.
See if they also buy damaged Morgans and Crowns while you're at it.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/07/2013  8:19 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Collect copper wire; it's pure, no refining or assay costs.
Valued Member
United Kingdom
71 Posts
 Posted 10/08/2013  1:14 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
Dont worry it dont take long for silver to tarnish black.
Valued Member
United Kingdom
71 Posts
 Posted 10/08/2013  1:34 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
I know a person who said they have a 1897 queen victoria crown that is graded between very fine and extreamly fine he is asking £50 for it do you think its worth it ?
If so I will buy it then give it a polish WITH PEEK.
Valued Member
United Kingdom
71 Posts
 Posted 10/08/2013  1:36 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
Peek is not an abrasive polish it is made only to remove tarnish it does not scratch any metal.
Valued Member
United Kingdom
71 Posts
 Posted 10/08/2013  1:40 pm  Show Profile   Bookmark this reply Add 241079 to your friends list Get a Link to this Reply
Baysinger I was talking about copper american one cents that weigh 3 grams it has been known for people to pay over 80 thousand pounds for a rare one but at the end of the day it is still 3 grams of copper.
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