Buying Junk Silver - Coin Community Forum

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Author	Replies: 5 / Views: 1,186
Chump_Change Pillar of the Community United States 618 Posts	Posted 03/01/2009 9:22 pm What is a good price to pay for junk silver? certain percentage of spot? face value? what are your thoughts? Report this Post to the Staff

jedichef Pillar of the Community United States 781 Posts	Posted 03/01/2009 10:07 pm i think the general consensus is 10x face value. I'm sure you can negotiate for less with cull or dateless coins. I usually pay between 50-55 for a roll of dimes. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 03/01/2009 10:24 pm Take 0.715 X Face X Spot. For example, if you're buying $10 face value junk silver: 0.715 X $10 X $13.22 = $94.52 ANA #R3154474 Report this Post to the Staff
SPQR Valued Member United States 327 Posts	Posted 03/06/2009 10:10 am I used to have a book that showed how to make silver jewelry out of old "junk silver" coins by hammering them flat and cutting the sheet. Now one would be better off using virgin silver sheet....it's cheaper. Report this Post to the Staff
Davest Valued Member United States 325 Posts	Posted 03/07/2009 6:07 pm can't that be found on coinfacts.com? Report this Post to the Staff
Kabiye_Lady Pillar of the Community United States 581 Posts	Posted 03/07/2009 9:41 pm "Take 0.715 X Face X Spot. For example, if you're buying $10 face value junk silver: 0.715 X $10 X $13.22 = $94.52" That is a quote from bherring1964. You can live or die by it! So if you got a half dollar today (3/7/09)->0.715 x $0.50 x $13.33 = $4.76 Clever fellow that bherring guy - basically take face value and multiply by 0.715 and then by how much ever money you have. Heck, someday there might even be a better mousetrap!! Report this Post to the Staff
	Replies: 5 / Views: 1,186

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