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Q's abuot selling U.S. silver
I have about 10 pounds of US silver coinage collected from circulation
when that was possible. I'd like to cash it in. With my luck, I don't expect any of the coins are rare. Compared to being sold by weight, how much of a collectible value over face value does a coin have to be worth selling individually? Thanks -- Al Dykes News is something someone wants to suppress, everything else is advertising. - Lord Northcliffe, publisher of the Daily Mail |
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Q's abuot selling U.S. silver
"Al Dykes" wrote in message ... I have about 10 pounds of US silver coinage collected from circulation when that was possible. I'd like to cash it in. With my luck, I don't expect any of the coins are rare. Compared to being sold by weight, how much of a collectible value over face value does a coin have to be worth selling individually? Thanks It probably depends on where you intend to sell them, how much effort you're willing to devote to it, and how innovative you are. When you see buyers offering to pay the same for common circulated Mercury dimes and WL halves as they do for Roosevelts and Franklins, your better date silver coins will probably have to be in exceptional condition to rate more than a standard buy price from a dealer. And a bulk silver buyer might not want to deal with individual coins. On the other hand, if you package a group of your better date coins on eBay, you might make a small profit over dealer buy prices. Beyond all that, it's pretty much up to you how much your time is worth to try for a little extra profit. |
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Q's abuot selling U.S. silver
On May 12, 3:56 pm, (Al Dykes) wrote:
I have about 10 pounds of US silver coinage collected from circulation when that was possible. I'd like to cash it in. With my luck, I don't expect any of the coins are rare. Compared to being sold by weight, how much of a collectible value over face value does a coin have to be worth selling individually? Thanks -- Al Dykes I'd go with Ebay, personally. Break them down into lots of $20, $10 and $5. Look them over to be sure you don't have any of the rare DDO or DDR, as well as D/S or S/D overstrikes. These should be sold separately. Ebayers in my experience are more willing to buy at a slight premum to what a local coin dealer will pay. It does take more time, but that is often time well spent. Daniel B. Wheeler |
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