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Need basic advice on how much to pay for some silver quarters
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<p>[QUOTE="InfleXion, post: 1641065, member: 29012"]Melt value is simply the amount of metal value in the coin. Bear in mind that coinflation takes into account all types of metal in a coin, so if there is any copper for example that will be included in the price. It isn't necessarily the "silver" melt value, although that is mostly the case. </p><p><br /></p><p>You will probably not get melt value from a dealer for your 90% US coinage - but you might. Prices on junk silver have been going up lately. It used to be dealers would sell it for melt and buy it for under melt. As of now some dealers are paying over melt. </p><p><br /></p><p>If the person you are buying from only has common date quarters then coinflation at melt value is a fair price for both parties IMO. </p><p><br /></p><p>However for bulk you are better off paying by weight than face value as worn coins will not have as much silver. This would just be the total weight in Troy oz multiplied by 0.9 (90% silver content) multiplied by silver spot price.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1641065, member: 29012"]Melt value is simply the amount of metal value in the coin. Bear in mind that coinflation takes into account all types of metal in a coin, so if there is any copper for example that will be included in the price. It isn't necessarily the "silver" melt value, although that is mostly the case. You will probably not get melt value from a dealer for your 90% US coinage - but you might. Prices on junk silver have been going up lately. It used to be dealers would sell it for melt and buy it for under melt. As of now some dealers are paying over melt. If the person you are buying from only has common date quarters then coinflation at melt value is a fair price for both parties IMO. However for bulk you are better off paying by weight than face value as worn coins will not have as much silver. This would just be the total weight in Troy oz multiplied by 0.9 (90% silver content) multiplied by silver spot price.[/QUOTE]
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Need basic advice on how much to pay for some silver quarters
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