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Coin help - Not a sale
April 14, 2024, 08:02 PM
bionic218Coin help - Not a sale
Does anybody know a decent website for valuing junk silver coins?
This is not a sale. If I can come up with a realistic value and decide to sell, it will be here only, and only in the classifieds with the boss’ permission.
These are not heirlooms or mint coins, just some well circulated US silver that I ended up with due to a death in the family. The entire amount probably isn’t worth more than 2-300 dollars.
To be clear, I am looking for a site that will show actual cash value. Not futures, not what some pristine uncirculated coin is going for on eBay.
The issue is, unlike my gun auction account, I don’t know where to look and I can’t login and see what they’re actually selling for. I have no basis for comparison. If anyone knows a useful free site that can help, please point me the way.
Thank you in advance.
April 14, 2024, 08:06 PM
braillediverThis should get you in the ballpark.
https://www.apmex.com/category...oins-35-40-90-silver
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The butcher with the sharpest knife has the warmest heart.
April 14, 2024, 08:13 PM
arfmelThere’s plenty of junk silver coins for sale on eBay.
April 14, 2024, 08:29 PM
bionic218quote:
Originally posted by arfmel:
There’s plenty of junk silver coins for sale on eBay.
I agree, there's a ton! But how do you find out what it's actually bringing in real money?
I've seen bicentennial quarters on there listed for $1500. Is that real? Are they really selling for that, or is that somebody just looking for a sucker?
At least on GB I can look at closed auctions to see what a person actually paid. If there are several bids and a closing price, you can gauge the market fairly accurately. But where do you go on coins to see similar?
I'll admit I'm out of my depth on this, and I don't necessarily want or need some deep understanding of each coin's heritage and history. I'm not interested in collecting or keeping them. I just want to know if I should sell them at today's higher silver price or throw them in a drawer and forget they exist.
April 14, 2024, 08:32 PM
pace40Face value X 0.715 = approx. silver content
silver content x current spot value($28.25 as I type) = value
The above is for junk silver, not numismatics.
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Pace
April 14, 2024, 08:38 PM
bionic218quote:
Face value X 0.715 = approx. silver content
silver content x current spot value($28.25 as I type) = value
Thanks! That's the kind of math even I can follow.
ETA: Except for numismatics - I'm not even going to pretend to know what that means.
April 14, 2024, 08:50 PM
braillediverquote:
Originally posted by bionic218:
On GB I can look at closed auctions to see what a person actually paid.
On eBay- To the right of the Search Bar / Click Advanced / Just below the Blue Search Button Check "Sold Items". Then search= It'll show you the Sold Items. It can be Sorted High to Low, Recent etc.
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The butcher with the sharpest knife has the warmest heart.
April 14, 2024, 09:01 PM
bionic218quote:
On eBay- To the right of the Search Bar / Click Advanced / Just below the Blue Search Button Check "Sold Items".
Excellent tip, thank you.
April 14, 2024, 09:04 PM
pace40quote:
Originally posted by bionic218:
ETA: Except for numismatics - I'm not even going to pretend to know what that means.
Just means coins that have collector value.
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Pace
April 14, 2024, 09:07 PM
SigSentryI always have this page open. Hope you get a decent price.
https://coinvalues.com/silver#google_vignetteApril 14, 2024, 09:29 PM
jsyodesI will add that my local pawn shop has been selling pre-65 US coins, through 50 cents pieces, "junk silver", for 22x face value, and paying 15x face value. So 10 dimes would cost $22. If I sold, I would want more than 15x face though. Hope that helps. Silver dollars are another animal, they get about $30 each for Morgan and Peace dollars.
April 15, 2024, 08:29 AM
a1abdjPawn shops usually aren't the best places to base any sort of pricing off of.
The math above will give you the spot price, with most dealers buying at/below that number, and selling above that number.
One of the large dealers in my area with spot at $28.61 is paying $19.06-$19.35 per $1 face, and selling at $20.96-$21.39. Common Morgan/Peace buying at $20.00-$27.00, selling at $25.00-$31.75
April 15, 2024, 09:56 AM
pace40quote:
Originally posted by a1abdj:
One of the large dealers in my area with spot at $28.61 is paying $19.06-$19.35 per $1 face, and selling at $20.96-$21.39. Common Morgan/Peace buying at $20.00-$27.00, selling at $25.00-$31.75
Damn near dead on to what the 2 closest guys to me are doing. My go to guy told me that once he has to go above $21.50 / $1.00, his sales nosedive.
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Pace
April 15, 2024, 10:00 AM
VANQUISHI always use coinflation.com
April 15, 2024, 05:09 PM
BoatsNbulletsI have about 30lbs of silver bars that I forgot about until I started doing some spring cleaning.
April 15, 2024, 08:24 PM
bionic218Thank you all for your help with this. I think I can come up with a reasonable number from what's been given here.
Like I said, if I decide to sell, I'll clear it with Para and only list them here.
Thanks again!
April 16, 2024, 06:15 AM
Jeff YarchinI’d contact David Troung.