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<p>[QUOTE="Maxfli, post: 6316775, member: 69089"]Hey, Richard . . . trying to assign market values to common low-grade coins can be a frustrating exercise.</p><p><br /></p><p>As Potty Dollar said, for modern U.S. silver in low grades, it's probably best to just use bullion value. Even if you could sell them as numismatic coins to collectors, once you factor in costs associated with selling (postage, fees if you use Ebay, etc.) you're probably not going to net much more than melt.</p><p><br /></p><p>As for a Lincoln cent valued at 15¢ . . . well, yeah, in theory perhaps. But in reality, where is there a marketplace where it's practical to buy and sell a single coin worth just 15¢? In volume you can get more than face for old common date wheaties, but not much. A quick search on Ebay shows rolls going for $1-$2.</p><p><br /></p><p>Of course, none of that applies to rarities. If a coin is rare enough, even in worn condition it could be worth meaningful money. Hence, it's important to learn which coins are the rare ones.[/QUOTE]</p><p><br /></p>
[QUOTE="Maxfli, post: 6316775, member: 69089"]Hey, Richard . . . trying to assign market values to common low-grade coins can be a frustrating exercise. As Potty Dollar said, for modern U.S. silver in low grades, it's probably best to just use bullion value. Even if you could sell them as numismatic coins to collectors, once you factor in costs associated with selling (postage, fees if you use Ebay, etc.) you're probably not going to net much more than melt. As for a Lincoln cent valued at 15¢ . . . well, yeah, in theory perhaps. But in reality, where is there a marketplace where it's practical to buy and sell a single coin worth just 15¢? In volume you can get more than face for old common date wheaties, but not much. A quick search on Ebay shows rolls going for $1-$2. Of course, none of that applies to rarities. If a coin is rare enough, even in worn condition it could be worth meaningful money. Hence, it's important to learn which coins are the rare ones.[/QUOTE]
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