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A friend, who has a nice side gig trading coins for some 30 years, said he was sending in some silver coins for melt value. He offered me 13 x face.....WDYT? Worth it? I could always use the cash to purchase a nicer coin or an upgrade. The thing is the silver pieces are kind of like trophies to me.
Perhaps the really badly worn silvers...but once they are gone they are gone forever. I figure I'll hold onto my mercs until they are going for $5.00 each...lol.
I think it all depends on the coins...at 13X face, a very worn common date roosevelt would be $1.30...that's too much, if it was a barber, then maybe...it just depends....
Call around and see what is being offered for coin silver (90%). They will tell you that over the phone. They always drop the rate to make up for the worn ones. They never lose out on the deal. Personally for me, I can't part with any of them. I would look for some stuff in the house to sell. I've been selling stuff on E Bay and it gets me new stuff in return. I may have to chip in some clad money, but I get new stuff :cheesysmile: :cheesysmile:
The actual value of a silver coin today is 16.5 times face value. Bookmark this link, where you can check melt values every day:
http://www.coinflation.com/silver_coin_values.html
---Dan, http://thetreasurecorner.com