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<p>[QUOTE="silvermonger, post: 335102, member: 12490"]If your benefactor simply threw coins in a cookie jar like many people do and had no numismatic interest, and you have not taken the time to sort through the coins for dates and mintmarks of special value, then what you have may be a rarity, an UNSEARCHED lot. Most coin people view that term with deep suspicion as most auctions touting bags of "unsearched" are bags of bullion that have actually been searched and searched dozens of times so that anything left in the bag is worthy only of melting. Is it possible your benefactor just bought the bags as a silver investment and did not save them from pocket change?</p><p>If you feel the coins have not been searched it may be a worthwhile and fun exersize to go through them with your family while sitting after dinner or whatever. First sort by quarter or dimes etc in one bag then sort by date into separate bags, then by mintmark etc. grab a coin value guide and see if you have some FINDS (<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /> There is always a chance that one or two coins could be worth more than the whole pile.</p><p>If it is just bags of pre 1965 silver then call around to local dealers and get their bid for 90% melt coins. melt price offered will be considerably less that the current 17$oz spot price on silver. whoever buys from you needs a cut, refiner needs a cut then the broker selling spot needs some.</p><p>have fun looking[/QUOTE]</p><p><br /></p>
[QUOTE="silvermonger, post: 335102, member: 12490"]If your benefactor simply threw coins in a cookie jar like many people do and had no numismatic interest, and you have not taken the time to sort through the coins for dates and mintmarks of special value, then what you have may be a rarity, an UNSEARCHED lot. Most coin people view that term with deep suspicion as most auctions touting bags of "unsearched" are bags of bullion that have actually been searched and searched dozens of times so that anything left in the bag is worthy only of melting. Is it possible your benefactor just bought the bags as a silver investment and did not save them from pocket change? If you feel the coins have not been searched it may be a worthwhile and fun exersize to go through them with your family while sitting after dinner or whatever. First sort by quarter or dimes etc in one bag then sort by date into separate bags, then by mintmark etc. grab a coin value guide and see if you have some FINDS (8-) There is always a chance that one or two coins could be worth more than the whole pile. If it is just bags of pre 1965 silver then call around to local dealers and get their bid for 90% melt coins. melt price offered will be considerably less that the current 17$oz spot price on silver. whoever buys from you needs a cut, refiner needs a cut then the broker selling spot needs some. have fun looking[/QUOTE]
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