Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Can I Get More Than Melt

To participate in the forum you must log in or register.
Author Previous TopicReplies: 13 / Views: 1,446Next Topic  
New Member

Canada
6 Posts
 Posted 07/19/2021  8:38 pm Show Profile   Bookmark this topic Add PARK to your friends list Get a Link to this Message Number of Subscribers
I have canadian coins from 1930-40-50-60's, 103 1 dollar, 174 50 cent, 321 1967 25 cent an more quarter and dimes, can I get more than melt value for them?
Pillar of the Community
silverwolf's Avatar
Canada
3733 Posts
 Posted 07/19/2021  8:46 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
all depends on the dates, and the conditions of the coins.. and all depends on who you end up selling to..
Pillar of the Community
United States
2869 Posts
 Posted 07/19/2021  8:48 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
what you need is pics, dates, grades of each coin and a way to market them.
New Member
Canada
6 Posts
 Posted 07/19/2021  8:58 pm  Show Profile   Bookmark this reply Add PARK to your friends list Get a Link to this Reply
OK pics, grades on all would take a long time, there's 1823 coins in all so ill keep the nice ones and melt the rest, thanks.
Bedrock of the Community
JimmyD's Avatar
Canada
21611 Posts
 Posted 07/19/2021  9:01 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
"can I get more than melt value for them?"

You probably could for some of them but it all depends on the year, condition and if any are varieties. If you have a 1948 Silver Dollar, that is a winner in any condition but your 1967 quarters would probably not be worth much more than melt.
Do you know if they are uncirculated or circulated or is there a mixture.
You are going to have to do some homework to figure out what you have but any you have questions on, post a large clear photo of both sides and someone will be able to help you.

Just saw your reply when I was typing mine.
Do not melt any without some one looking at them first.
Could you make a spreadsheet of what you have and then we can at least let you know what may be worth taking a second look at.
Edited by JimmyD
07/19/2021 9:04 pm
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 07/19/2021  9:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
No possible way to answer this question without more specifics.



to the CCF!
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 07/19/2021  10:17 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
You will always get more than melt for silver coins that have a numismatic premium.
As a coin collector, such coins should be easy to identify and isolate out of a bulk of junk silver.

Don't sell your bulk junk silver until all of the above mentioned coins have been separated out. Your effort may well be repaid in two ways that you may not expect:-
If you are a coin collector, the above task will be easy and enjoyable, and
if you are not a coin collector the effort you mat expend may well turn you into a coin collector, or at least become a silver stasher instead.
Bedrock of the Community
Learn More...
spru's Avatar
United States
12477 Posts
 Posted 07/19/2021  10:57 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
with all of the above. I understand now wanting to spend a bunch of time sorting so many coins, but you'll leave money on the table if you don't, guaranteed.

In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
07/19/2021 10:57 pm
Pillar of the Community
Learn More...
Canada
5589 Posts
 Posted 07/20/2021  06:44 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
What people have said above are all exactly what you need to do. Separate them, make a list of what you have and then either go to a book store or buy on ebay a Charlton coin guide and it can be 10 or more years old.

That guide will give you a "worth" for each coin, but the prices you see are "pie in the sky". All you want to see is which coins/dates are listed at a premium over the others. Those are the ones that you MAY get more than a scrap price for and you may decide to sell separately. The Charlton guide will give you a general idea of what "grade" the coin(s) may be in, but most folks think their own coin is better than any grading guide. After you have weeded out the ones that are the better coins, the others can be sold as "scrap silver", but you won't get that price either.

Any worn/circulated coin is going to weigh a little less than when it was minted. Most dealers will only give you about 90% of the scrap price, maybe a little more for coins in good shape. The current scrap silver price is $25.12 US. With your dates, each face dollar contains .800 pure silver, so each "face dollar" contains .6 troy oz of silver, a face dollar meaning any coins that add up to a dollar. So each face dollar will be worth 25.12 X .6 X $1.25 (the approx US/CN exchange rate the banks give) X .90 (what the dealer is paying). So you will be getting a little less than $17 Canadian for every face dollar, if you are using scrap silver as a choice. If you take your coins into dealer to get an estimate, NEVER sell to the dealer who gives you the estimate or you may get 7-8 times face rather than the 17X face that you know that they are worth. For selling, I'd check a few local dealers if you live by a larger city, ebay, kijiji, or Facebook has places that many people sell their coins. Good luck
Pillar of the Community
oriole's Avatar
Canada
5242 Posts
 Posted 07/20/2021  06:53 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
The 1967 quarters have no premium.

for the 50 cent, the big premium ones are 1948 and 1947 Maple leaf. Anything older than 1937 can be worth more if it is not heavily worn. Nothing newer than 1953 has any premium unless it is high Mint state/ slabbed and even then they may be hard to sell. If they were pulled from circulation/ in a bag, they would not likely be high mint state. Some of the 1937-1953 could be worth a premium depending on the wear/ variety.

For the silver dollars, anything newer than 1956 has no premium unless high mint state/ slabbed and even then maybe not a lot. 1935-1948 have a little to a lot of premium, the keys being 1948 and 1947 Maple leaf. and 1939 little premium. Some from 1949-1956 have a premium depending on the condition/ variety.

There is a good website for Canadian coins, but I have forgotten what it is. Go to that or get the Charlton catalogue for advice about varieties. grading.
Pillar of the Community
Learn More...
Canada
5589 Posts
 Posted 07/20/2021  07:28 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Here is the "guide" that
oriole" was talking about, I think. But do NOT believe those prices those are marked up retail, pie in the sky figures. Just use the guide to see what dates/coins seem to sell at a premium over the others, and not incremental small premiums.

https://www.coinsandcanada.com/coins-prices.php

New Member
Canada
6 Posts
 Posted 07/20/2021  4:38 pm  Show Profile   Bookmark this reply Add PARK to your friends list Get a Link to this Reply
I found a 1899 newfoundland 20 cent coin, I think its nice for the age, wont be sending it for melt, must be worth more but I'm not sure how to grade, any opinions?

Can-I-Get-More-Than-Melt
Can-I-Get-More-Than-Melt
Pillar of the Community
Canada
1505 Posts
 Posted 07/20/2021  6:07 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
This link doesn't cover NF coins specifically, but you may find d it a useful guide.

http://www.saskatooncoinclub.ca/art...ns-ver2.html
Pillar of the Community
Learn More...
Canada
5589 Posts
 Posted 07/20/2021  6:15 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Worth well more than melt, an F15, maybe VF20, but cleaned. I don't know much about Newfie coins, but it looks like "hooked 9's) and could be worth $100 or so if they ARE "hooked". If not still $15-30. Try the coin site link that I posted a little further up and there'll be some prices in the provincial coinages.
Edited by okiecoiner
07/20/2021 6:17 pm
  Previous TopicReplies: 13 / Views: 1,446Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.4 seconds to rattle this change. Forums