What is a fair asking price for dug up silver coins?

[Dan(NM)]

uary 17, 2022 10:36PM

Registered: 6 years ago Posts: 446

I have close to 500 silver coins I'm thinking about selling. I am trying to get an idea of what is a reasonable asking price for dimes, quarters, half dollars and a few Morgan's. Thank you for any input you're able to offer.

 

[Back-of-the-boat]

Melt value is $23.83 an ounce so you could weigh them up, but you can add an additional percentage of your choice. But it also depends on the % of silver in them wether 90%, 40% or 35% nickels or just do it as a complete lot. I sell mine at the coin store and they give 85% of melt I am O.K. with that but you can shop around to see who gives the best rate.

 

[Dan(NM)]

Melt value is $23.83 an ounce so you could weigh them up, but you can add an additional percentage of your choice. But it also depends on the % of silver in them wether 90%, 40% or 35% nickels or just do it as a complete lot. I sell mine at the coin store and they give 85% of melt I am O.K. with that but you can shop around to see who gives the best rate.

Thanks for the input.

 

[unclemac]

of course it all depends on condition and date. Look at EBAY if you plan to sell them one at a time, go to advanced, plug in your denomination and date and then click "sold listings". That will give you an idea on each one. There is a lot of cruddy stuff being bought every day on EBAY.

 

[Peyton Manning]

$250?
I might go higher

 

[1637]

please dont melt them. they are gone forever. maybe sell on ebay in lots of 25 to 50

 

[Dan(NM)]

please dont melt them. they are gone forever. maybe sell on ebay in lots of 25 to 50

I sold them to a fellow detectorist.

 

[dejapooh]

You can go to Coinflation.com and find out the value of the silver today. The problem with selling on ebay is the 12% to 15% seller's fee, which means you'll have to get about 20% above the silver value for it to make any sense. You are better off selling to a local silver stacker at Coinflation.com price. Typically the sell for a bit more, so melt value would be a good buy, and a good sell.

 

[fistfulladirt]

please dont melt them. they are gone forever. maybe sell on ebay in lots of 25 to 50

Not too how much 90% junk silver is melted nowadays, wouldn’t seem cost effective at all due to the raw high premiums already commanded by 90%, vs refining costs.