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<p>[QUOTE="cdcda, post: 52249, member: 941"]A little clarification on the effects of wear on the value of the coin...</p><p><br /></p><p>Most dealers, when purchasing 90% or 40% U.S. silver coinage in smaller quantities, will offer a buy price per dollar of face value. For instance, a dealer may offer $4.80 per $1 of face value - or $4.80 for every two 90% silver Kennedy half dollars.</p><p><br /></p><p>Some dealers however, and companies specializing in the purchasing of valuable metals, will not purchase by face value. Instead they will purchase based on the actual amount of silver. In other words, they will weigh the lot of coins being purchased and then using the known percentage of silver, determine the amount of silver present in the lot. When coins are purchased in this weigh wear on the coins most certainly effects the value over large lots. $1,000 worth of not so worn Roosevelt Dimes would bring more than $1,000 worth of heavily worn Mercury dimes.</p><p><br /></p><p>Just thought I would point this out to clarify slightly.[/QUOTE]</p><p><br /></p>
[QUOTE="cdcda, post: 52249, member: 941"]A little clarification on the effects of wear on the value of the coin... Most dealers, when purchasing 90% or 40% U.S. silver coinage in smaller quantities, will offer a buy price per dollar of face value. For instance, a dealer may offer $4.80 per $1 of face value - or $4.80 for every two 90% silver Kennedy half dollars. Some dealers however, and companies specializing in the purchasing of valuable metals, will not purchase by face value. Instead they will purchase based on the actual amount of silver. In other words, they will weigh the lot of coins being purchased and then using the known percentage of silver, determine the amount of silver present in the lot. When coins are purchased in this weigh wear on the coins most certainly effects the value over large lots. $1,000 worth of not so worn Roosevelt Dimes would bring more than $1,000 worth of heavily worn Mercury dimes. Just thought I would point this out to clarify slightly.[/QUOTE]
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