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Replies: 13 / Views: 1,277 |
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New Member
United States
8 Posts |
My grandfather has tasked me with selling some silver coins for him. I have no clue how to go about this since he really does not care about the "coin" value of the peices but is interested in selling for the silver content. I have counted them up and there are 220 dimes, 120 half dollars, 130 quarters. I don't have the time or energy to sell these individually on ebay or anywhere else. Also, I talked to a couple local coin dealers and they really seemed like sharks. Not about to let grandpa get hosed for 1/3 value. People buy bulk silver so why not silver coins? What do I do? I didn't really go through them all that well but the few I looked at are early 60's dates except for one 1899 dime I found. No clue what all is in there but they are all supposed to be "silver" coins. The half dollars are really pretty and shiney, in bulk plastic containers. The other coins are all much more circulated and in individual sleeves with grading from the dealer they were bought from. Help!
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Pillar of the Community
Spain
1361 Posts |
 Why not list you coins with dates and mintmarks, so we can tell you what coins are valuable
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New Member
 United States
8 Posts |
Hmm, that's exactly what I didn't want to take the time to do. Is it necessary? Keep in mind I know almost nothing about coins.
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New Member
 United States
8 Posts |
Ok, instead of being lazy I got started. All half dollars are 1964 except for 6 1965. Quarters next I guess.
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Pillar of the Community
United Kingdom
1077 Posts |
For us to know if any have a premium over the melt value we would need to know dates and mintmarks, then it comes down to grading. The reason being different years and even mintmarks for the same coin can have vastly different values numismatically.
We could give you an idea of what you should get just for the silver content but you could lose a fortune.
Type them out in your own time on a word document and then copy and paste them on a post in one go. Once someone gives you an idea on potentially valuable individual coins it would even be worth posting a good pic or two to get a really good idea of grade and value.
Someone here will help if you are willing to do this. Or you can take them back to your 'friendly' neighbourhood dealer and take your chances.
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New Member
 United States
8 Posts |
quarters -
1935 X1 1936 x4 1937 x1 1939 x3 1940 x2 1941 x3 1942 x2 1944 x2 1945 x3 1946 x3 1950 x2 1951 x3 1952 x2 1953 x4 1954 x1 1955 x2 1956 x1 1957 x2 1959 x8 1960 x4 1961 x4 1962 x6 1963 x9 1964 x58
dimes next. Some of the sleeves are marked S, D or nothing but my untrained eye does not see any difference in the coins at all. These were marked by whatever dealer grandpa bought them from 30ish years ago.
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New Member
 United States
8 Posts |
Quicksilver: Fair enough. Besides, my wife is sitting here doing nothing so I'm putting her to work helping to sort. ;-)
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New Member
 United States
8 Posts |
Dimes group 1 in sleeves:
1899 x1 1917 x1 1919 x1 1923 x1 1926 x1 1940 x1 1941 x1 1944 x1 1946 x6 1948 x2 1949 x2 1950 x5 1951 x1 1952 x7 1953 x2 1954 x5 1956 x3 1957 x3 1958 x1 1959 x4 1960 x4 1961 x9 1962 x5 1963 x7 1964 x47
another small group of rolled dimes next.
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Pillar of the Community
United States
1984 Posts |
Everything in the list is common bullion--the value is in silver--you can determine the silver values most easily at Deleted004.com: Dimes minted in 1964 and before contain $1.03 of silver each; Quarters from 1964 and before contain $2.59 of silver each; Halves minted 1964 and before contain $5.17 of silver each; Halves minted 1965-1970 are about $2.11 each. A dealer will purchase at a discount to this price. An ebay buyer will usually pay slightly more.
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Valued Member
United States
290 Posts |
some of those coins would have the mint mark on the back of the coin...
to see the simple "melt value of coins" input that phrase into a google search. You will find a site that will give you an up to the hour calculation.
there is a general rule that for most of those coins, the rate is slightly over 10 times the face value of the coin.
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New Member
 United States
8 Posts |
Roll of dimes #1 labled "Roosevelt Brite" in good shape I guess,
1963 x4 1964 x46
Roll of dimes #2 labeled "Roosevelt" worn, regular old silver dimes.
1946 x3 1947 x3 1950 x1 1952 x3 1953 x2 1954 x1 1956 x2 1957 x1 1959 x9 1960 x6 1961 x3 1962 x4 1963 x4 1964 x4
All done. Well, that was not nearly as horrible as I thought it would be. Any years I should look closer at?
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New Member
 United States
8 Posts |
Thanks for the input, that's about what I expected since it was all bought from a coin dealer as bulk silver back when silver was worthless. So, is ebay my only real option?
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Pillar of the Community
United States
2335 Posts |
You might try Craigslist, advertise "X" dollars face value of silver, will sell at 10(or whatever) times face. Just be careful, meeting someone you don't know face to face in a cash transaction could be trouble. Maybe you could meet at your bank or something.
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Pillar of the Community
Canada
598 Posts |
Quote: ... in individual sleeves with grading from the dealer they were bought from. ^^^ This seems important ^^^  Quote: Not about to let grandpa get hosed... Hosed... you have a Canadian relative? 
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Replies: 13 / Views: 1,277 |
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