Silver Coins

what type of coins? and what condition are they in? old morgan dollars in good condition will get you much more than melt value. If they are in shitty condition you may be better off with melt value. Year/mint/condition matter

Mostly Mercury and Roosevelt dimes, Washington Quarters and Franklin and Kennedy Half Dollars. Some other coins mix in as well. Some are in good to great shape but also have a number of bad ones. About 50% of the coins were rolled and those are in the best shape. The rest was loose in a bag. They where in a safe for years. The problem that I have is that I have no clue about conditions and the volume of the coins. What looks good to me is bad to an appraiser.

I have roughly:

285 half dollars, half of them rolled
1650 quarters, 3/4 of them rolled
2000 dime, 1/4 rolled

They were probably weren't touch in the safe for probably 25 years or so.

Where would I go to melt them? I am going to Houston in the upcoming week.

quote:

---

Where would I go to melt them? I am going to Houston in the upcoming week

---

yeah, don't worry about that,
silver coins still carry value, not just as silver, but as functioning currency.
With the size of that collection, you're talking easily over a thousand more in profit by selling them as is

Well

Here's the thing.

If time or convenience is an issue then i'd recommend a reputable coin dealer. take just a little time to make sure it's a legit coin dealer. the price of silver right now is about 34.50 an ounce. go check out e-bay right now, type in franklin half dollars. I believe someone is selling a stack of twenty coins for 260.00 dollars plus. Go from there and do the math.

Ag enthusiasts think silver will conservatively hit 50 dollars an ounce by the end of the year which means your collection will only climb higher.

think of this. at the beginning of Jan 2010 silver was around 15 dollars an ounce, at the end of 2010/2011 now it is over 30..something to consider

(no message)

If you want the most then go to dealer and tell them you want 90% "gray" sheet value. Gray sheet price is the price that dealers sell to each other and amount changes weekly. amount reflects most recent retail value. coins are almost always worth more than melt value. You teeling me you have that many rolled? If original rolls then you have a bunch of mint coins that are worth quite a bit,

Not original rolls, my grandfather use to have a lot of cash on hand back in the day and would go to city hall to buy the coins from the city's parking meters. There are some that look like they are the original rolls but not much.

The year on these coins if very important. Any coins pre 1967 (I think that's the year) are ~80% silver. After that point the amount of silver in the coin dropped dramatically.

quote:

---

all pre 1967

---

You're in great shape then...