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New Member
8 R€­ÅL€Š™'s Avatar
United States
33 Posts
 Posted 08/11/2010  12:12 am  Show Profile   Bookmark this reply Add 8 R€­ÅL€Š™ to your friends list Get a Link to this Reply
Pillar of the Community
steve199's Avatar
United States
1882 Posts
 Posted 08/11/2010  5:28 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply

Quote:
I have also been searching the Internet trying to find a source that buys or melts these coins without paying middle men too much money


You would not necessarily get the most for your silver by selling directly to a smelter. They would pay you less than spot. Junk silver coins are bought and sold for around spot all the time, without them being melted. They are a convenient medium, with a known silver content...whereas silver bars could be fake and the only way to determine they are real is to assay them (which is a destructive process).

I think many coin dealers would give a better price on junk silver than smelters would give you.

That's my two silver dollars on the matter...


Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 08/11/2010  7:48 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Darryl

Not sure what your looking for, but I will give it a try.

You mentioned that you might want to sell off some street coins.
To us I think this mean common silver coins, that mostly sell for
the value of the silver.

Common silver coins at the current silver price, may sell for 10 to 14 times face. This means that $100.00 face will bring you $1000.00 to $1400.00. The reason there is a difference in price will depend on where you sell them. You will get a different price depending on the size of the market your in, more competition the better price you will get. Also the price will vary from coin shops, pawn shops or online.

For us to really be able to help you, we will need more specific information. Also photos that show the details of the coin.
Most modern digital camera's can produce a good enough picture, you just have to practice. Good lighting seems to be the key to a good picture. I think by putting good lights from two different directions, then either use a tripod or keeping the camera as still as possible so the image is in good focus.

After getting the picture I use the program picasa3 (recommended to me from this site) to crop the picture so that just the coin is shown. This program will also let you re-size the picture to get the 90kb or less so that you can post on here. Will need pictures of obverse(front) and reverse (back).

I would suggest you take one series at a time. For example Morgan dollars or Mercury dimes. Tell how many you have and break them down by date and mint mark. Once we know what you have we can give more advice. For example with Mercury dimes tell us how many 1916's, 1916 D's and 1916 S's, 1917's, 1917 D's ....etc.

Once we know what you have we can suggests what to take pics of.

Here is link's to online price guide and photo grade site.

http://www.numismedia.com/fmv/fmv.shtml

http://www.pcgs.com/Photograde/
Edited by GR58
08/11/2010 8:22 pm
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