$10 silver proof

[robbuckalew]

can somebody give me an estimate value on this particular coin?
Barbados independence $10 silver proof coin

 

Amazon Forum Fav 👍

A History of Mining on the Kenai Peninsula, Alaska - Grab it through Amazon!

[Mackaydon]

I'll assume it's nearly pure silver and weights an ounce; therefore the spot market value of silver per ounce is a close guess as to its value--unless, of course, you buy into the Franklin Mint 'spin' of 'limited quantity', highest mint quality, attractive packaging, etc. If the price of silver slips below $10 per ounce, it still may be worth $10 in Barbados.

"The average price of silver was $1.55 in 1971. The average price rose to $4.71 in 1974, and then spent the next four years between $4.35 and $5.40."
Source: http://www.silverinstitute.org/price/19711978.php

No doubt the gross profit on the sale of this item was substantial at the time it was manufactured and first marketed--based on the actual cost versus the hyped value that was placed on the item then--and still is as seen in recent eBay ads.
Don....