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Silver Coins

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Author Previous TopicReplies: 13 / Views: 1,277Next Topic  
New Member

United States
8 Posts
 Posted 02/18/2009  8:16 pm Show Profile   Bookmark this topic Add ChrisG to your friends list Get a Link to this Message Number of Subscribers
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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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 02/18/2009  8:36 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply


Why not list you coins with dates and mintmarks, so we can tell you what coins are valuable
New Member
United States
8 Posts
 Posted 02/18/2009  8:39 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
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.
New Member
United States
8 Posts
 Posted 02/18/2009  8:59 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
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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QuickSilver's Avatar
United Kingdom
1077 Posts
 Posted 02/18/2009  9:01 pm  Show Profile   Bookmark this reply Add QuickSilver to your friends list Get a Link to this Reply
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.
New Member
United States
8 Posts
 Posted 02/18/2009  9:13 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
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.
New Member
United States
8 Posts
 Posted 02/18/2009  9:15 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
Quicksilver: Fair enough. Besides, my wife is sitting here doing nothing so I'm putting her to work helping to sort. ;-)
New Member
United States
8 Posts
 Posted 02/18/2009  9:28 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
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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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 02/18/2009  9:29 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
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.
Valued Member
novillero's Avatar
United States
290 Posts
 Posted 02/18/2009  9:40 pm  Show Profile   Bookmark this reply Add novillero to your friends list Get a Link to this Reply
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.
New Member
United States
8 Posts
 Posted 02/18/2009  9:43 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
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?
New Member
United States
8 Posts
 Posted 02/18/2009  9:49 pm  Show Profile   Bookmark this reply Add ChrisG to your friends list Get a Link to this Reply
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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trdhrdr007's Avatar
United States
2335 Posts
 Posted 02/18/2009  10:01 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
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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IBGolden's Avatar
Canada
598 Posts
 Posted 02/18/2009  11:45 pm  Show Profile   Bookmark this reply Add IBGolden to your friends list Get a Link to this Reply

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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