| Author |
 Replies: 23 / Views: 3,679 |
|
Bedrock of the Community
United States
11951 Posts |
I was looking through some silver boxes (coins sold at silver melt) at a local coin shop. And was seeing a few Standing Liberty quartersmixed in. I picked up a few, now I am wondering if coins like these are trading at melt in other areas. I am guessing that with silver high, more types of coins are being traded at melt prices. Edit .. I forgot to say these were $5.10 each just over 20X face.   Edited by GR58
02/08/2011 4:46 pm
|
|
|
|
Valued Member
United States
234 Posts |
Definitely not in my area! Those would all be carded in 2x2's and priced in the range of 2x's melt around here. I think that they are in great shape for junk silver! I would buy all that they had in that condition - hard to go wrong. Good work! Nearly all the Standing Liberty quarters I see selling for melt around here are dateless slickers and even they are rare. Chugly |
|
Pillar of the Community
United States
3294 Posts |
There are some SLQs around here at melt, but they are in short supply and only a small minority of them are in the condition of yours.
|
|
Valued Member
United States
91 Posts |
Not around here, I got my 1925 (which is in almost the exact same shape as yours) for about $9.
|
|
Bedrock of the Community
 United States
11951 Posts |
I really was not sure how these were trading.
I guess I will have to be on the look out for more of them.
|
|
Valued Member
Canada
268 Posts |
It's a shame they're going to the pot. Such is the market.
|
|
Valued Member
United States
364 Posts |
Rising commodity prices = overtaking numismatic value. The only up side of these pieces of history going to the smelter is they raise the values of whatever is left.
|
|
Pillar of the Community
United States
1348 Posts |
I wanted to Quote TenSense but I don;t know how :) but anyway thats a great point. just like when the government starts taking all the pre 82 pennies back. The price will only go higher
|
|
Valued Member
United States
293 Posts |
Yeah, there are some here, but much less than just a few months ago. The last time I went in looking for some, the shop had a whole small tray full to dig through and buy at melt. The other day they had maybe a dozen and 1/3 - 1/2 of them were bright, shiny dipped coins. I pulled a couple that I liked...I'll probably go back and pick up the others in a few days. Hopefully they'll be adding more as people sell off some of their silver.
|
|
Pillar of the Community
United States
508 Posts |
The coin shop in my area doesn't have junk silver boxes to sift through. They told me to tell them a quantity of what I wanted and they would bag it up for me.
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:
Not around here, I got my 1925 (which is in almost the exact same shape as yours) for about $9.
About the same at all the coin shows too. Actually even at a local flea market they run close to that. |
|
Valued Member
Canada
268 Posts |
We went through a similar silver melt in the early 80's when the Hunt brothers drove the price from $11.00 to $50.00. Man, a lot of coins disappeared.
|
|
Valued Member
United States
380 Posts |
I'm in desperate need to find a coin shop to sift through!
|
|
Pillar of the Community
United States
1510 Posts |
melt box-- I need one of them! I agree with Newbismatic!
Retired USAF 1983-2003
|
|
Valued Member
United States
458 Posts |
Yes, buckets full of SLQ's, Barbers, Washington's, and great condition 90% State Quarters are selling at my local shop for under melt(not much under melt, but still under melt) |
|
New Member
United States
4 Posts |
You can get Barbers, SLQs & Washingtons in my area at or below melt in similar condition to yours... Last weekend my guy had 25 common Barber dimes in similar condidtion for 1.75 a pop. I even told my guy that was less than 25 dollars a toz and he said he didn't care, he was making money at 1.75 and it is all about turning over inventory. That particular inventory got turned over into my safe. |
| |
Replies: 23 / Views: 3,679 |
Posted 02/08/2011 4:51 pm
