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<p>[QUOTE="MargaretA, post: 1479060, member: 38733"]Sorry, I'm confused. What is "melt" value? Is it the current price of silver, which according to Coinflation here:</p><p><a href="http://www.coinflation.com/coins/silver_coin_calculator.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinflation.com/coins/silver_coin_calculator.html" rel="nofollow">http://www.coinflation.com/coins/silver_coin_calculator.html</a></p><p><br /></p><p>is $27.54 (per ounce, I think)? Or is it something else? So, if I'm guessing right, then a dealer should be offering *no less than* 97% of that $27.54 - $26.71? Per ounce? As an example, Coinflation says the value of 1 Morgan dollar is currently $21.30, so I should get no less than $20.66 (97% of $21.30)? Or am I way off base here?</p><p><br /></p><p>I guess the biggest reason I wanted to ask about this here was to see if there was a better "home" for some of these coins than just a dealer who would buy them only for the silver (after which they get melted down, I suppose). But I'm not sure I have anything really special that someone would want. And as far as the price of silver goes, I did just check that and it's way down from this time last year, I guess from too many people selling theirs for economic reasons (which is my reason too). I could hold on to some of these coins but I do need to sell some. I wonder if there's a way to decide what to get rid of and what to keep for a while.</p><p><br /></p><p>I don't know if that makes any sense; I'm still trying to figure this all out. But it's been very educational already, and I'm glad I asked all these questions instead of just taking the coins to the nearest "We buy..." place.</p><p><br /></p><p>About the 1928 dollar - when I went back through the coins for the mint marks I couldn't find it, but I did have one more 1923 than I'd thought, so I think it's just that I need new glasses. Oh well... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Oh, one other thing: What is the difference between a coin dealer(/stealer) and a silver broker? I can find lots of dealers, I think I've already been to two, but how would I locate a broker if I do decide to sell them for the silver?</p><p><br /></p><p>Meg[/QUOTE]</p><p><br /></p>
[QUOTE="MargaretA, post: 1479060, member: 38733"]Sorry, I'm confused. What is "melt" value? Is it the current price of silver, which according to Coinflation here: [URL]http://www.coinflation.com/coins/silver_coin_calculator.html[/URL] is $27.54 (per ounce, I think)? Or is it something else? So, if I'm guessing right, then a dealer should be offering *no less than* 97% of that $27.54 - $26.71? Per ounce? As an example, Coinflation says the value of 1 Morgan dollar is currently $21.30, so I should get no less than $20.66 (97% of $21.30)? Or am I way off base here? I guess the biggest reason I wanted to ask about this here was to see if there was a better "home" for some of these coins than just a dealer who would buy them only for the silver (after which they get melted down, I suppose). But I'm not sure I have anything really special that someone would want. And as far as the price of silver goes, I did just check that and it's way down from this time last year, I guess from too many people selling theirs for economic reasons (which is my reason too). I could hold on to some of these coins but I do need to sell some. I wonder if there's a way to decide what to get rid of and what to keep for a while. I don't know if that makes any sense; I'm still trying to figure this all out. But it's been very educational already, and I'm glad I asked all these questions instead of just taking the coins to the nearest "We buy..." place. About the 1928 dollar - when I went back through the coins for the mint marks I couldn't find it, but I did have one more 1923 than I'd thought, so I think it's just that I need new glasses. Oh well... :confused: Oh, one other thing: What is the difference between a coin dealer(/stealer) and a silver broker? I can find lots of dealers, I think I've already been to two, but how would I locate a broker if I do decide to sell them for the silver? Meg[/QUOTE]
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