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Silver Rounds To Do Or Not To Do

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Valued Member

United States
83 Posts
 Posted 03/14/2021  05:50 am Show Profile   Bookmark this topic Add Coins2020 to your friends list Get a Link to this Message Number of Subscribers
Ok so I have a few post here and I obviously cannot load a pic if my life depended on it . It have a simple question? I have some older sunshine minting silver rounds in their original plastic baggy which is very thin and the coins are toning which I do not mind , would it hurt the value to put them in a sealed capsule or leave them in the original packaging? Thank you.

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Valued Member
United States
83 Posts
 Posted 03/14/2021  05:56 am  Show Profile   Bookmark this reply Add Coins2020 to your friends list Get a Link to this Reply
Sorry and it goes for silver rounds as well .
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PNWType's Avatar
United States
561 Posts
 Posted 03/14/2021  07:36 am  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply
Others may see it differently, but a baggy ultimately won't protect the rounds like a capsule will.

Everyone has their preferences, like how some folk have the V75 eagle still in its shipping parcel and some folks immediately had it removed from the OGP and slabbed. The OGP in your case however is just a bag, meaning that, if it were me, I'd go straight to a capsule.
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hfjacinto's Avatar
United States
7276 Posts
 Posted 03/14/2021  07:57 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Silver rounds are just that silver rounds, there is little chance of getting any premium over melt value.
Edited by hfjacinto
03/14/2021 07:58 am
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John1's Avatar
United States
56855 Posts
 Posted 03/14/2021  08:43 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

The value for a silver bullion round is in the metal not the packaging.
John1
Valued Member
United States
83 Posts
 Posted 03/14/2021  10:51 pm  Show Profile   Bookmark this reply Add Coins2020 to your friends list Get a Link to this Reply
I'm only asking because it seems that most people pay a bit more for natural toned coins . So if I keep them were they are at they will continue to tone and what your saying with toning I would not loose the price of silver content .
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captainmandrake1's Avatar
United States
878 Posts
 Posted 03/14/2021  11:51 pm  Show Profile   Bookmark this reply Add captainmandrake1 to your friends list Get a Link to this Reply
If they're toning nicely, I'd leave them in the bag as long as it is PVC free. I often go to my local coin shop because the owner usually has rounds or bars that are attractively toned and I don't mind paying a bit of a premium for these toned examples.
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silverstash119's Avatar
United States
182 Posts
 Posted 04/07/2021  01:16 am  Show Profile   Bookmark this reply Add silverstash119 to your friends list Get a Link to this Reply
I just keep silver rounds stacked in tubes. I have a bunch of Indian head rounds. Whether they're toned or not shouldn't really affect the value, just store however is convenient for you. I like the tubes to save space.
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classic_coin's Avatar
United States
157 Posts
 Posted 04/14/2021  2:57 pm  Show Profile   Bookmark this reply Add classic_coin to your friends list Get a Link to this Reply
I'd encapsulate them, or put them in plastic tubes. I won't pay a premium for toning, since I consider bullion to be exactly that... they're not numismatic coins, they're just a round form of very pure silver, instead of a bar. I wouldn't expect to pay full price for damaged bullion, though; once damaged, an ounce coin likely isn't an ounce anymore.
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commems's Avatar
United States
12274 Posts
 Posted 04/25/2021  1:27 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
Silver rounds are just that silver rounds, there is little chance of getting any premium over melt value.

This statement is not a universal constant. There are quite a number of older ("classic"), lower mintage silver rounds that have become a numismatic collectible and carry a price premium over their intrinsic bullion value. (I've been surprised by some of the premiums collectors are willing to pay for these rounds!)

However, for modern bullion rounds produced in large numbers, the statement applies.


To the OP's question, I agree with those who recommend moving the round to a capsule vs. leaving it in a bag. A capsule will protect it better and help ensure maximum future value.






Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
04/25/2021 1:28 pm
Valued Member
United States
83 Posts
 Posted 04/25/2021  6:32 pm  Show Profile   Bookmark this reply Add Coins2020 to your friends list Get a Link to this Reply
Will do
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