| Author |
 Replies: 9 / Views: 1,510 |
|
|
Valued Member
United States
104 Posts |
ok so how many silver dollars equal 1oz. ( checking my math) same question for liberty Halves. I'm trying to figure out if I should buy a bag of coins, vs a silver eagle. ( I know bag of coins is more fun) also, where to buy, Kitco, APMEX, or local dealer. I will be asking the dealer these same questions, any thing else I should ask, I know how much over they charge. I think I have found a god dealer, but being new to this, I probably don't know what I don't know. and yes, I been reading on here like crazy. volumes, and articles too. you guys are so great, I double check my thoughts! thanks. |
|
|
|
Valued Member
United States
355 Posts |
If it's a straight up comparison of 90% silver circulated coins or pure .999 uncirculated silver and the goal is to get silver, I would go with the pure silver coins. Even at the same weight of silver I would venture a guess that the pure silver will be more valuable than silver/copper alloy. It depends on what you like though. If you want lots of coins to collect that happen to have silver in them, go with the half dollars. This site might get you a good start on the number crunching: http://www. (124) Not Allowed - Auto-Removed .com/silver_coin_values.html (click on a coin for details) |
|
Valued Member
 United States
104 Posts |
well that didn't answer the question, I know 1 silver dollar does equal one oz of silver, LOL. But I see you are as confused as I am.LOL
|
|
Pillar of the Community
United States
2049 Posts |
Peace dollars or Morgans Dollars have about 0.7735 ounces of silver per coin (less with substantial wear obviously). 90% US silver coins minted before 1965 have about 0.715 ounces of silver per $1 face (also will vary due to wear on the coins).
|
|
Pillar of the Community
United States
3184 Posts |
You could go to (124) Not Allowed - Auto-Removed .com they have a good chart.
|
|
Valued Member
United States
355 Posts |
? Well in regards to liberty halves you were asking how many equals one ounce. Not sure if you mean 1 oz. in silver or 1 oz. in overall coin mass. Regardless there are many sites which list the various compositions of these coins. My link was removed, but it can easily be googled so that you can do the math as you desire.
|
|
Valued Member
United States
104 Posts |
ok, called, 1 silver dollar is 3/4 of an oz of silver.
|
|
Bedrock of the Community
United States
20753 Posts |
You have to take into consideration wear on the coins too. If a coin lost about 20% of it's original weight, less or even more, then what?
|
|
Bedrock of the Community
United States
10982 Posts |
Quote:
You have to take into consideration wear on the coins too. If a coin lost about 20% of it's original weight, less or even more, then what?
It's extremely rare for a coin to lose anywhere near 20% of it's original weight. It would have to be a PO1/FR2, slick, or damaged for that to happen. The 0.715 multiplier backs out 1.2% for wear on "average circulated" silver coins and that works fine all the way down to VG condition. Remember that in the 1800's silver coins were required by law to be pulled from circulation when they were underweight. Anything in VG or above still met the legal weight then and still does today. |
|
Valued Member
Canada
442 Posts |
"I'm trying to figure out if I should buy a bag of coins, vs a silver eagle" Again, I'd say it depends. Alot of the generic bullion type rounds/coins of 999 silver are quite cheap and sometimes close to spot. ASE's, maples, harmonics, all come with a premium, but are more recognizable, and junk silver some people hate, but some people like, as there are key dates that some collect. I go to my local dealer for the maples, b/c thats the only kind of silver he has. APMEX has an awesome collection, but high fees for shipping. For generic bars/rounds, Scottsdale silver, firstmajestic, Northwestterritorial mint, silver panther, all have nice products. |
| |
Replies: 9 / Views: 1,510 |
|
Posted 03/23/2011 2:49 pm
