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<p>[QUOTE="RaceBannon, post: 1308707, member: 25357"]Welcome to CoinTalk! In answer to your questions:</p><p><br /></p><p><br /></p><p>1. If you are going to list the coins on eBay, you'll probably make a little more money listing them individually. But since it sounds like most of them are going to sell for melt anyways, it will be much less work to sell them as a lot. You can set a minimum bid or reserve, but with a group of coins that are going to sell for their silver melt anyways, I'd recommend you start the bidding at .99 cents and let the market determine what they will sell for. As long as you list them correctly, they will go for very close to spot on the day the auction ends. </p><p>Right now that means you should get around $300 total for the lot of 135 merc dimes or $2.25 ea with silver at $30.90. Here's the link to my favorite silver coin melt value calculator: <a href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" rel="nofollow">http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/</a></p><p>This link gives the silver melt price for US silver coins on any given day based on current spot price.</p><p><br /></p><p><br /></p><p>2. Accurately assess the value of your coins. You should probably do this step before you decide to sell any of your coins. The easiest and most fun way to do this is to buy a 2012 RedBook "Guidebook to United States Coins". For around $12.00 this handy guide will help you identify your coins and give you retail prices for all your coins based on grade. It makes cataloging your coins easy. Two things about the RedBook; </p><p>1. the values you will see listed for your coins are estimated retail values, so they are a bit higher than the actual sale prices you will probably realize for your coins should you sell them. Probably a more accurate assessment of real price of your coins is to check eBay for the actual ending price on auctions for coins similiar to yours.</p><p><br /></p><p>2. You will need to learn to accurately grade your coins in order to assess their value.</p><p><br /></p><p><br /></p><p>By going through your coins individually and cataloging their value using the RedBook, you will ensure that you don't accidentally put a rare or valuable coin up for sale at melt prices. </p><p>But therein lies the fun, you're searching your collection for that potential treasure hidden among the common coins.</p><p><br /></p><p>Good Luck![/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1308707, member: 25357"]Welcome to CoinTalk! In answer to your questions: 1. If you are going to list the coins on eBay, you'll probably make a little more money listing them individually. But since it sounds like most of them are going to sell for melt anyways, it will be much less work to sell them as a lot. You can set a minimum bid or reserve, but with a group of coins that are going to sell for their silver melt anyways, I'd recommend you start the bidding at .99 cents and let the market determine what they will sell for. As long as you list them correctly, they will go for very close to spot on the day the auction ends. Right now that means you should get around $300 total for the lot of 135 merc dimes or $2.25 ea with silver at $30.90. Here's the link to my favorite silver coin melt value calculator: [URL]http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/[/URL] This link gives the silver melt price for US silver coins on any given day based on current spot price. 2. Accurately assess the value of your coins. You should probably do this step before you decide to sell any of your coins. The easiest and most fun way to do this is to buy a 2012 RedBook "Guidebook to United States Coins". For around $12.00 this handy guide will help you identify your coins and give you retail prices for all your coins based on grade. It makes cataloging your coins easy. Two things about the RedBook; 1. the values you will see listed for your coins are estimated retail values, so they are a bit higher than the actual sale prices you will probably realize for your coins should you sell them. Probably a more accurate assessment of real price of your coins is to check eBay for the actual ending price on auctions for coins similiar to yours. 2. You will need to learn to accurately grade your coins in order to assess their value. By going through your coins individually and cataloging their value using the RedBook, you will ensure that you don't accidentally put a rare or valuable coin up for sale at melt prices. But therein lies the fun, you're searching your collection for that potential treasure hidden among the common coins. Good Luck![/QUOTE]
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