Selling Silver Coinage? - Coin Community Forum

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Author	Replies: 4 / Views: 884
daviscfad Pillar of the Community United States 4541 Posts	Posted 02/22/2008 12:07 am Does anyone know where the best place to sell silver coins at? A dealer who will give you a fair price? I have a fair amount of halves quarters and dimes I want to unload and invest in other thing with it! I hope I posted this right Thanks Report this Post to the Staff

of-grampa Valued Member United States 302 Posts	Posted 02/22/2008 12:27 am Check with your local dealers and find out what they are paying. Just today I sold 293 40% Kennedys for just over $600....$2.10 per coin. It wasn't quite melt value but it was pretty close. I turned around and bought $450 worth of Franklins, Walkers, and Morgans. I also got a few Lincoln cents to almost complete that set. I got the Franklins for $6.50 each, the Walkers for $7.00 each, and the Morgans for $18.00 each. No key or semi-keys but still a nice pile of coins to fill up some spots in my collection. Report this Post to the Staff
Kabiye_Lady Pillar of the Community United States 581 Posts	Posted 02/22/2008 01:57 am Yeah. Just get on the phone and call a couple dealers. As of today, 11 or 12 times face value would be a very fair price. I don't think all dealers are "into" buying silver, so don't be put off is someone says "9 times face". It's not an insult, it's just that they don't want to be bothered with it. Another excellent place to trade them in is at a coin show. There's usually more than one person buying silver, so you can shop around. Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 02/22/2008 02:51 am Alternatively hang around here until you have reached 50 quality posts and try the forum. 11.5x face seems to be the going rate amongst dealers in my area. You could probably get closer to 95% melt smaller amounts i.e. by the roll on fleaby but then you have fees to take into account. Report this Post to the Staff
amac44 Member United States 3242 Posts	Posted 02/22/2008 08:54 am With Nohope I am alway interested in buying silver just do as told get 50 post,and I sure nohope&I are not they members wait to see what silver coins or Item you have Report this Post to the Staff
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