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Where can I sell my silver coins and what can I expect for them?

bbader61gv

Junior Member
Joined
Jul 22, 2009
Messages
37
Location
Pennsylvania
Where should I sell my mercs, silver quarters, and silver dimes? Will coin shops buy them? Will I get more money for them on ebay or at a coin shop?

Any help would be greatly appreciated. Thanks guys!
 
yes most coin shops will buy them but what they give you for them depends on alot of things. and dont expect to get full value as it would seem alot of coin dealers love to low ball. ebay would be your best bet. also get yourself a red book and youll get a general idea of what your coins are worth before you decide to sell.
 
Id try the BLUE book then you wont be disappointed in the price offered by the dealers. Know the cull value of the coins to be sold... like the price of silver. Another place is your local auction houses.. go to auction zip dot com for those. Spred them around to a couple of them and think about how you want to bundle them for sale. They advertise pretty well and get a lot of dealers looking for good coins. Know the value of your coins... what i mean by that is you have to know that a coin is or isnt a f20 vs a g4. Dealers wont give you anything but cull prices for g4 coins...they arent as collectable. You can try ebay, but dont forget after so many post you have those fees plus paypal fees and there again you are offering them to people who know coins. You might also try craigs list. You set the price and deal with mostly locals.

Dew
 
Try an auction

You might consider looking for a reputable auction house in your area that might specialize in coins and get their opinion on what they will bring. Coins are "HOT" right now and, at least in my area, seem to be bringing exceptional prices. I've researched coins on ebay before going to the auctions to determine if I could make a profit on what was being offered ... was I ever surprised to find that most were being sold at the local auction at prices well above what was being brought on ebay. Rarely did they sell for less.
 
Silver coins with no collector value are worth at least 10X their face value.
A dime is worth $1.
A quarter is worth $2.50
and so on.

This is only for the silver coins that have no collector value.

Understand that a coin dealer will pay less because he is a dealer and expects to make a profit from what he buys when he sells it.

Post the silver coins you have on the classifieds forum as clubs are always looking for silver coins to bury for a hunt.

Or you can hang on to them ... they will only go up in value as the years pass.
 
The only thing I have to add to the above answers is that wherever you sell them, the more you have to sell at once the better the offer will be per ounce. Again we are talking common silver coins.
 
I would consign them with a local upcoming estate or retirement auction. I used to go to these all the time looking for things to resell on ebay.
But now there are to many others doing this also and the prices get driven up way to high the buyers especially go nut over coins.
 
check out coinflation dot com it shows the scrap price of coins

Description Denomination Silver Value % of Denomination
1942-1945 Nickel $0.05 $0.8265 1653.03%
1916-1945 Mercury $0.10 $1.0626 1062.66%
1946-1964 Roosevelt $0.10 $1.0626 1062.66%
1932-1964 Quarter $0.25 $2.6566 1062.66%
1916-1947 Half Dollar $0.50 $5.3133 1062.66%
1948-1963 Half Dollar $0.50 $5.3133 1062.66%
1964 Kennedy Half $0.50 $5.3133 1062.66%
1965-1970 Half $0.50 $2.1725 434.51%
1878-1921 Morgan $1.00 $11.3619 1136.19%
1921-1935 Peace $1.00 $11.3619 1136.19%
1971-1976 Eisenhower $1.00 $4.6454 464.54%
 
I'm interested ... actively buying "junk" silver coinage as a silver investment. PM me to let me know how much you have, or if you'd be willing to consider a sale. :)
 
Yes I but the crappiest looking coins I can find, because the only value is the Bullion value to me!
 
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