First time silver seller - what should I expect to get?

Discussion in 'Bullion Investing' started by bflostuff, Dec 28, 2010.

  1. bflostuff

    bflostuff New Member

    Hi all,

    I came across a great lot of 2004 US Mint silver proof complete 11-coin sets a couple years back. I am looking to do my first sale of of the silver coins. I have no clue what to expect in regards to an acceptable offer compared to the spot price. What should I expect when offering these to bullion dealers? Also, would I be better to split off the silver coins from the rest or sell these as sets? Any help would be appreciated, since I'm quite new at this.

    Thanks!
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Fifty

    Fifty Master Roll Searcher

    You'll probably get more for them if they are graded.
     
  4. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    You would probably get a better answer by posting this in the US Coins forum because there are a lot more dealers over there. It's probably a waste of money to have them graded since the coins are not rare. I would hazard a guess that the set may sell for $35.
     
  5. -jeffB

    -jeffB Greshams LEO Supporter

    I would hazard a guess that the set may sell for at least $41.50, since that's the current melt value of the silver plus the face value of the non-silver coins. :)

    From what I've seen on eBay, such sets are going right around melt value, which means the seller is realizing just about the $35 you named...
     
Draft saved Draft deleted

Share This Page