Ready to sell some silver, what's fair?

John Madill

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Joined
Oct 28, 2020
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1,993
Location
SW MI
Just have a handful of coins, trying to raise enough $$$ for a beach pass.

12 dimes, two quarters and three halves.
Looking online it seems they have a melt value of $83.67.

What would I expect a dealer to pay?
 
I don't believe your going to get full melt value from a dealer.

What I did was post my silver on Craigslist or FaceBMP. I sold my coins for a little under melt and the guy who bought mine took my number and wants anything I find. I sold a couple silver rings and jewelry for $1 to $5 each, which was over melt value. By the time it was all said and done, I came out ahead of anything I would have gotten from a dealer and no paper work.

Just post, sit back and wait. Don't expect it to move fast.
 
coin apps silver 12x 10 dimes 31.11
2 x 25 12.96
3 x50 38.89 === 82.96 that if all your halfs are 64 yr on down i just sold a bunch for what you have i got $62.00
remember what something is worth and what you get paid for is not the same. i will sell you .999 gold 1 oz bar for 3,200.00
what is gold at 3350.00 ? there has to have meat on the bone for a buyer to buy.. i have my rolex on fee-bay worth $10,000
for sale at $7,600.00 and no buyers
 

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coin apps silver 12x 10 dimes 31.11
2 x 25 12.96
3 x50 38.89 === 82.96 that if all your halfs are 64 yr on down i just sold a bunch for what you have i got $62.00
remember what something is worth and what you get paid for is not the same. i will sell you .999 gold 1 oz bar for 3,200.00
what is gold at 3350.00 ? there has to have meat on the bone for a buyer to buy.. i have my rolex on fee-bay worth $10,000
for sale at $7,600.00 and no buyers
Not expecting full value, I know some needs to make a profit. Just did not know what the norm is.
 
Just have a handful of coins, trying to raise enough $$$ for a beach pass.

12 dimes, two quarters and three halves.
Looking online it seems they have a melt value of $83.67.

What would I expect a dealer to pay?
I’ll pay melt.. shipping on you…lmk. Maybe 7-12$ to ship to Miami
 
I was once told (something is only worth what someone is willing to pay) .... I was told that a long time ago and it still comes to mind when I sell anything.. I've sold some finds in the past, silvers and gold ,and I still regret it. I got tired of seeing my finds year after year just chucked in a old drawer and meaningless I thought,until I sold them..Now I wish I had them all back
 
Just have a handful of coins, trying to raise enough $$$ for a beach pass.

12 dimes, two quarters and three halves.
Looking online it seems they have a melt value of $83.67.

What would I expect a dealer to pay?
When I sell mine at a coin show I get 98% of melt. Dealers in a coin shop will most likely pay you less. As of today, your group of silver coins is melting at just over $100.00
 
Our club (MTHA) pays members full melt value, which our treasurer bases on the COINFLATION App on the date of the sale, which is tied into current melt value for GOLD and SILVER
 
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