Selling Silver

Discussion in 'Coin Chat' started by rawbuyer, Oct 3, 2010.

  1. rawbuyer

    rawbuyer Member

    Hope I can get some help...Have approximately 5 Lbs. of 90% silver halves, dimes, quarters, and 5 Lbs. of 40% Kennedy halves. Want to sell the whole lot to a local coin dealer. What types of offers should I expect? Thanks...I have checked the dates..Nothing rare.
     
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  3. chip

    chip Novice collector

    expect to get at least 12 times face, laugh in the face of any who offer you less.
     
  4. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Well, the 40% isn't going to be 12x's face. Should be $2.50-$3.25 a coin.
     
  5. ExBingoAddict

    ExBingoAddict New Member

    Check out http://marketharmony.net/

    They'll pay upwards of 95% of spot on 90% silver.
    Not sure on the 40% stuff.
    Mike's a good guy, I've sold him junk silver in the past and he's always been good to me.
     
  6. Fifty

    Fifty Master Roll Searcher

    How many coins is that? I keep track of how many ounces of each that I have using a spreadsheet but I'm using TROY ounces as silver is priced that way.

    A $1000 face bag is going to way just over 50 lbs

    Silver Content 40% Half0.1479Troy Ounces
    Silver Content 90% Half0.3617Troy Ounces
     
  7. Vlad

    Vlad Senior Member



    laugh at 12 times as well, 40%s aside. Its not much at all for what you have



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  8. conpewter

    conpewter Junior Member

    Troy pounds?
     
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