A few days ago I was told I could ask what I could expect to receive for my scrap silver and gold from a dealer. I have 47.7 grams of 18K gold chains And .21 grams of dental gold And one gold-plated Morgan dollar at 26.7 grams Also 13 Washington quarters at 2.8 oz One standing liberty at 5.6 grams One maybe a Liberty nickel at 4.2 grams (extremely worn so cannot tell exactly what it is, but the L. Nickel seems to have the closest match in grams) And, last, 3.125 oz of sterling silver clippings from making jewelry. Can anyone give me some idea of what I could expect to get from a dealer for this small amount of precious metal? And, where would be the best place to try to sell it? I have seen a few buyers on the internet, but am a bit edgy sending the metal to someone of whom I have never done business. Thanks for any input you might have about this subject. jeankay
That one is worth less than an unplated dollar of the same mint, year and condition. The gold plating is so minimal as to be worthless, but it has destroyed whatever numismatic value the dollar had. Either oversize fakes, or you misweighed. If they are 1964 and earlier, they should be 6.25g of .900 silver. If later, they should be 5.67g of copper and cu-ni. Either misweighed, or so far underweight as to be of questionable authenticity. cu-ni, numismatic value exceeds its metallic value, and depends entirely on date, mintmark and condition. In the condition described, well <$1. Jewelers and some coin dealers will pay 10-20% below the bullion value of the actual gold/silver weight for your precious metal.
That means they are .900 silver, but the OP certainly wasn't clear. With 1932-64 Washington quarters going for anywhere between 35¢ and many thousands of dollars, it would be stupid to try and evaluate their value based solely on the number available.
Actually I am trying to find out how much the coins are worth at melt value because I don't want to look like the amateur I am and get embarrassed or ripped off. The Morgan is an 1883, but was plated and put into a pendant. It has had it's share of abuse and has probably lost all of its numismatic value. The Washington quarters are not good enough for my album so I doubt they would be worth much of anything except melt. The one SLiberty is quite worn and you cannot even see the year on it. The other coin is nearly completely worn on both sides and I cannot determine what was suppose to be there. The only reason I thought it might be a Liberty nickel is because of what is left of the outline of the bust most resembles the Liberty. I know it has no numismatic value in this state. And seeing it is copper and nickel, not really worth keeping. Maybe I should toss it in a fountain somewhere. I used my 'My Weigh' MX-300 SE scale to weigh the coins and so far it has been right on the mark comparing it to the Red Book. Thanks for trying to help me out on this. jeankay
Melt values based on current metal prices... But, not necessarily what a dealer would give you. http://www.coinflation.com/silver_coin_values.html http://www.coinflation.com/coins/silver_coin_calculator.html
Please let me know where I can find silver washingtons for .35 I would like to buy thousands of them.
1932 - 1964 Washington Silver Quarters for 35 cents a piece....I'll take $100,000 worth right now, and more later.
Probably more than they know! If Gold, Silver, gas and food prices keep going up and up and up, they will be chewing on their' leather shoes just to know what Beef tastes like! Frank
