Need help

Discussion in 'Coin Chat' started by ufo4sale, Jan 6, 2009.

  1. ufo4sale

    ufo4sale New Member

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. hontonai

    hontonai Registered Contrarian

    Bullion value is $11.48 x 5 = $57.40 as of 5:15 p.m. EST today, so 50 bucks would be fair.
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

    Agree.....
     
  5. ufo4sale

    ufo4sale New Member

    Isn't worth more since I have the entier series and the collection isn't in Circulation?
     
  6. jeankay

    jeankay Coin Hoarder

    ufo4sale,
    The Hamilton Mint is a private company and by US law any coins the Hamilton mint produces cannot be used for general circulation. However, the coins can be treated as silver bullion and traded or bartered or sold as per their actual silver content. The more silver in the coin or bar the more its value.
    The main problem with purchasing these kind of coins is you will probably pay much more than the actual bullion value and may have a very tough time recouping your costs.
    jeankay
     
  7. RickieB

    RickieB Expert Plunger Sniper

    Jean is correct...basically, you are looking at bullion value at best. Also figure in the % the dealer is going to cahrge you fro him to process the bullion.

    RickieB
     
  8. Unfortunately, the Hamilton mint is not part of the United States Mint. The bars are only worth their silver content... and have very little, if any numismatic value.
     
  9. gewoodfo

    gewoodfo Member

    one other option

    Hi: Everyone who has already posted did so from a numstatics perspective. I agree with what they say.

    However, I am sure that there are people who have as their hobby collecting these type of silver bars or Americana types of items. Ebay is a good source, as you have indicated by your link to the one "Buy it now" link. You can search ebay closed autions to get an idea how much these are worth.

    You may also want to look at various hobby/collectible reference books at your local library. They may be of some help.

    Good luck,

    G.E.
     
  10. Conder101

    Conder101 Numismatist

    The problem is that they are not coins so they do not appeal to coin collectors. As gewwodfo says the only people who would really be interested in these would be silver art bar collectors and there are very few of those. That means that on most series there are more of the bars available than there are collectors. When that happens values tend to fall down to the melt value of the bars.
     
  11. mark_h

    mark_h Somewhere over the rainbow

    Yes - if you have 50 bars then you have - according to hontonsi bullion value is $11.48 x 5 = $57.40 * 10 for a total of $574.00. You have 50 ounces if I read you original post correctly. And as mentioned check Ebay to see what complete sets sell for. It might be higher than bullion.

    I agree with the others as far as numismatic value.
     
Draft saved Draft deleted

Share This Page