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<p>[QUOTE=&quot;gboulton, post: 1262996, member: 27043&quot;]Please note...all these calculators that have been linked are giving you the &quot;spot&quot; price...that is, what the silver is &quot;worth&quot; at the current market price.&nbsp; There&#039;s also a &quot;bid&quot; and &quot;ask&quot; price, that will represent the theoretical spread between you selling (the bid...what &quot;dealers&quot; will bid for your silver) and you buying (the sell...what &quot;dealers&quot; will sell to you for).&nbsp; </p><p><br /></p><p>Top top it all off, all any of those numbers are is a &quot;paper&quot; price...the price on paper.</p><p><br /></p><p>What you can <b>reasonably</b> expect to SELL (and buy, for that matter) them for will vary, sometimes by quite a bit, from that price.&nbsp; It can depend on a great many factors, including, but not limited to:</p><p><br /></p><p>1) Quantity - How much do you have?&nbsp; Anything under $10 face value is considered an extremely small amount, and many dealers won&#039;t even mess around with less than $100 face value.&nbsp; On the other hand, smaller local dealers may be happy to handle even $1 for you, but their bid/sell spread will be a good bit larger on such small amounts.</p><p><br /></p><p>2) Buyer - Selling to a coin shop?&nbsp; Bullion dealer?&nbsp; &quot;WE BUY SILVER AND GOLD!!&quot; place?&nbsp; Individual?&nbsp; Collector?&nbsp; What matters is what their intent is.&nbsp; Those who are going to the trouble and expense of actually packaging and shipping the coins for melting will pay the least...those who are buying to speculate short term a bit more, and those who ar ebuying to hold long term will pay the most, typically.</p><p><br /></p><p>3) Local market - Are there multiple coin ships, all looking to speculate on some silver, or fill a melt bag?&nbsp; If so, the price they&#039;ll pay may go up due to the competition.&nbsp; Is there a healthy &quot;silver stacker&quot; community around?&nbsp; If it&#039;s an individual, is he driving a long ways or short distance?</p><p><br /></p><p>4) Local availability - Sometimes local shops or dealers will run out of silver...thus, you can sell a bit higher if you have some.&nbsp; Other times, even though the price is &quot;high&quot;, you&#039;ll get a low price, because nobody&#039;s buying at that higher price, and the dealers are stuck with a pile.</p><p><br /></p><p>============</p><p><br /></p><p>ALL of these things, and then some, will dictate the answer to your &quot;least amount I should take&quot; question.</p><p><br /></p><p>As a <b>general</b> rule of thumb, it&#039;s reasonable to start at 90%-95% of melt value...but don&#039;t be offended by offers at 70%-80% of melt value.&nbsp; Anything below 70% is probably someone just looking to get away with a cheap bid.</p><p><br /></p><p>On the other side, if you&#039;re, don&#039;t be shocked if you&#039;re asked to pay 95-100% of spot at a dealer or online.&nbsp; With some work and willingness to hustle a bit, you can usually find individuals who&#039;ll sell at 80-90%.</p><p><br /></p><p>Having said all of that, my personal favorite calculator is:</p><p><br /></p><p><a href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" rel="nofollow">http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/</a></p><p><a href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" rel="nofollow"><br /></a></p><p><a href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/" rel="nofollow">I</a>t lets you specify any number of any type of silver coins, all at once, and then gives you a melt value, a weight of silver, AND a handy bid/sell spread calculator at the bottom, which you can adjust.&nbsp; So...if you&#039;re looking to sell, and expect 85% of spot or better, just fill in what you have, put in a 15% spread at the bottom, and see what the price would be.</p><p><br /></p><p>You can also adjust the price of silver in the box at top, if you want to see what it&#039;d have to be to get $x...and, at the top of the page, there&#039;s a live kitco banner with the current spot bid.[/QUOTE]</p><p><br /></p>

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