Silver Proof Question

[Rojas108]

Just saw at the coin store they have a 2000 s 2003s 2005s and 2 other silver proof quarters for sale. They asking $7 a coin for them. Do you think this is a good price? Please let me know.

 

[ArkieBassMan]

I personally wouldn't be a buyer at that price, but its probably a pretty fair price. Its not a bargain IMO, but not horribly overpriced either. Melt value is about $6.40 as I type this.

 

[legend76]

With Silver at $35.31, they have a melt value of $6.3857. I would make sure they are actually 90% silver and not just "silver" color.

HH,
legend

 

[Diggin-N-Dumps]

With Silver at $35.31, they have a melt value of $6.3857. I would make sure they are actually 90% silver and not just "silver" color.

HH,
legend

Good Point

I think its still a little high to be getting a good deal

 

[BuffaloBoy]

$7+tax is around $7.50. silver is at $35.52 and a silver quarter is $6.42... If you're doing it for an investment, you will break even if silver reaches $41.50... Personally I wouldn't bother.

 

[packerbacker]

So far a real "proof", "S" mint, protected coin has more value to a collector than melt value. I don't know how long that will last though. Give someone enough money and they would melt anything.

 

[quiksilver]

If you like collecting them you be the judge on price

 

[fistfulladirt]

In the future, you will look back and think that price was a bargain.