Would you make more money selling silver coins by weight or face value?
Just wondering
I mean book value.
I’m talking coins dated 1964 and earlier
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2 Responses to Would you make more money selling silver coins by weight or face value?
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Face value as in ‘a 1930 dime is worth 10 cents’?
By weight is the answer then without a doubt. Considering silver is floating around $18 bucks an ounce right now, that puts a silver dime around $1.25 for melt value.
Granted you won’t get quite that out of it when you go to sell it some middle man, but it at least gives you a good baseline.
edit: Also, make sure you’re actually talking about “silver” coins. A 2002 dime is not silver, obviously.
There is really no such thing as “book value”. The “value” is what someone is willing to pay you. The best REAL pricing I have found is on the price chart at http://SilverAndGoldExchange.com The Silver and Gold Exchange buys these coins, pays right away, and pays for shipping and insurance and is accredited by the Better Business Bureau. I would start there.