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Selling Silver Coins

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Author Previous TopicReplies: 4 / Views: 938Next Topic  
Valued Member
Rainman's Avatar
United States
294 Posts
 Posted 02/16/2008  07:20 am Show Profile   Bookmark this topic Add Rainman to your friends list Get a Link to this Message Number of Subscribers
I have some silver coins in bad condition .Were can I sell them for melt value?Just wondering how you sell your silver?

Seeking :Silver prices to hit $50.

Rainman
Pillar of the Community
tights24's Avatar
United States
2254 Posts
 Posted 02/16/2008  07:25 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
Sell them on ebay. That's what I did the last time I had junk silver. You can expect really close to the melt value that way.

Keep in mind, we do have forum rules here. I am letting your question stand, but know that you are not allowed to solicit sales from our members as a newer member. The rules are listed here: Rules
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nohope587's Avatar
United States
5953 Posts
 Posted 02/16/2008  07:30 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
You will get close to melt from ebay but by the times fees are paid it will be less. Most dealers will pay up to 85/90% melt for junk silver. Your best bet if you want melt for them is a private sale.
Valued Member
Rainman's Avatar
United States
294 Posts
 Posted 02/16/2008  08:22 am  Show Profile   Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
Oops. Sorry about the selling post .I did glance a the rules when I registered .I just got done reading the rules a little closer .Thanks for the feedback .Also wondering if mints buy junk silver coins ?

Seeking:Playing by the rules

Rainman
Bedrock of the Community
United States
20753 Posts
 Posted 02/16/2008  08:22 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Always the problem with anyone saying something is worth this or that. If you ever listen to the Antique Roadshow on TV they always state things like "At the RIGHT auction, this would PROBABLY bring about xxx" Listen carefully and you'll always hear people saying things like that.
As to what to do with your junk Silver. ebay is one method but all sorts of fees may drop the price down unless your talking about a massive quantity. You could try coin shows but again remember that the dealers there are in buisness to make a profit so they would buy your Silver for a much lower price than what you hear advertised in the news media. If you were in a sort of shaddy area like where I live there are always jewelers that purchase such items for decent prices and resell as Jewelery so their profit is much better and they can afford to pay you more. Try flea markets where they have such stands or booths. The previous statement may not be legal advise so don't tell anyone I said so.
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