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Just came across 20 POUNDS of Pre 64 SILVER coins. What shoud I do with them?? VALUE?
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<p>[QUOTE="imrich, post: 999405, member: 22331"]<font face="Arial Black">I believe you'll find that if you purchase $1000 face value bags of 90% Silver coins (generally the minimum amount which will be purchased by bulk dealers), you'd realize that 20 pounds is approximately the weight of a 1/3 bag. However, even 20 pounds of feathers can be a challenge for the physically deficient, and a significant amount of feathers. LOL</font></p><p><font face="Arial Black"><br /></font></p><p><font face="Arial Black">If a bulk dealer could be found who would only accept 1/3 bag of Silver, the most competitive source of which I know, would only net ~$4750. It would probably require a major time investment to realize a greater net monetary return. The amount stated represents >14 times face value.</font></p><p><font face="Arial Black"><br /></font></p><p><font face="Arial Black">"Junk Silver" $1000 face value pre-1965 coin bags often have coins in better than VG condition, because the bulk coin price paid far exceeds that which would be netted by selling to collectors.</font></p><p><font face="Arial Black"><br /></font></p><p><font face="Arial Black">From my pawn shop associate experience, I suspect that a shop sale might net you ~$4000, under ideal negotiating conditions. This sales outlet would probably provide your best return on investment, unless you have a significant amount of "free time".</font></p><p><font face="Arial Black"></font>[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 999405, member: 22331"][FONT=Arial Black]I believe you'll find that if you purchase $1000 face value bags of 90% Silver coins (generally the minimum amount which will be purchased by bulk dealers), you'd realize that 20 pounds is approximately the weight of a 1/3 bag. However, even 20 pounds of feathers can be a challenge for the physically deficient, and a significant amount of feathers. LOL If a bulk dealer could be found who would only accept 1/3 bag of Silver, the most competitive source of which I know, would only net ~$4750. It would probably require a major time investment to realize a greater net monetary return. The amount stated represents >14 times face value. "Junk Silver" $1000 face value pre-1965 coin bags often have coins in better than VG condition, because the bulk coin price paid far exceeds that which would be netted by selling to collectors. From my pawn shop associate experience, I suspect that a shop sale might net you ~$4000, under ideal negotiating conditions. This sales outlet would probably provide your best return on investment, unless you have a significant amount of "free time". [/FONT][/QUOTE]
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Just came across 20 POUNDS of Pre 64 SILVER coins. What shoud I do with them?? VALUE?
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