Silver coins

Discussion in 'Coin Chat' started by skully53, Jan 1, 2021.

  1. skully53

    skully53 #FJB

    So, are silver coins just worth their weight in silver?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    I believe so.. I call it silver melt value. It fluctuates like gold.
    But maybe others know better. ;)
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    It all depends. Some silver coinage is common, beat up, damage, etc. It's worth junk value. Then again, I have a PCGS grade MS-65 Silver Dollar that goes in the $5,000 range. So it all depends on date, mintmark, condition and demand.
     
    JCKTJK, serafino, Inspector43 and 4 others like this.
  5. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Yes, common date worn silver coins are valued concurrent to their silver content. If you want an easy calculator for your silver coins, go to Coinflation.com.
     
    Inspector43 likes this.
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    It depends on the condition of each coin. Most coins in better condition have a numismatic value which is often greater than the melt value. As the condition deteriorates during circulation, the silver melt value comes closer and closer to its junk value.
     
    tommyc03 and -jeffB like this.
  7. potty dollar 1878

    potty dollar 1878 Well-Known Member

    It depends on there condition and rarity with what types and kinds of silver coins are you referring to?
     
  8. skully53

    skully53 #FJB

    Thanks. How do I know if a silver coin (even not US) is worth more than the material or melt value?
     
  9. -jeffB

    -jeffB Greshams LEO Supporter

    For US coins, it's worthwhile to have a copy of the Red Book. It lists nearly all US coins, with their values in various grades, and a guide to grading each type. The values tend to be inflated -- you can usually buy a coin for less than Red Book value, and you can rarely sell one for anything near Red Book value, especially to a dealer -- but it will give you an idea of relative value, and also show you which dates and types are rarer and more valuable.

    For non-US coins, I'm not your guy. :oops:
     
    MIGuy likes this.
  10. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Depends on denomination, mintage, rarity.
    For examole a silver Spanish Reales from the 1700's or 1800's could be worth much more than a Canadian silver quarter from the 1940's.
     
  11. skully53

    skully53 #FJB

    What about silver from Mexico or even Tibor?
     
  12. expat

    expat Remember you are unique, just like everyone else Supporter

    If you were to post some images we might be able to comment more accurately
     
  13. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Maybe if you show some examples you may have we can determine some value for you o_O
     
  14. skully53

    skully53 #FJB

    I have 2 residences. The coins are at the other one. Watching the Rose Bowl here. I can try to get pics up over the weekend.
     
    Heavymetal and paddyman98 like this.
  15. tommyc03

    tommyc03 Senior Member

    This is how the Krause guides come in handy like I was posting to on your other query. They state the silver content in silver based coins and then you have to do the math to figure what their value is based on the silver content. Some are 600 fine/825 fine/900 fine/ 999 fine, etc. And like what was said before, condition is everything. A coin worn smooth is only worth it's weight and fineness in silver.
     
  16. Thelivinglady

    Thelivinglady Member

    Not necessarily. Depends on the condition and rarity and also the type of silver coin. Silver Eagles are worth more than the junk rate. Worn Mercury dimes are worth about melt, depending on the year. A 1916 D Mercury is worth far more than melt.
     
  17. fretboard

    fretboard Defender of Old Coinage!

    Pics please!
     
  18. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast Supporter

    As noted, there is numismatic value and the value of silver. In some cases, silver is worth more than the coin. In others, the coin is worth more than the melt price. You need to determine what you have, whether it can be sold/traded for melt (some countries prohibit it), or if it has greater numismatic value. You wouldn't want to sell a $5000 coin for current melt. If that's the case, many here would gladly resolve that matter for you.
     
  19. Heavymetal

    Heavymetal Well-Known Member

    That’s why pictures are vital to getting the best advice here
    Show me the money
     
  20. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Pics pleaseeeeeeeeeeeeeeeeeesesese
     
  21. Sidney Osborne

    Sidney Osborne Well-Known Member

    Paddyman98 will corner the silver market in 2021...your posts are at best just chats...
     
Draft saved Draft deleted

Share This Page