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and 1965 - 1969 Kennedy's are 40% Silver.
Above left to right 1944S BAU & 1945S BAU Mercury Dimes, 1964 EF & 1962D EF Roosevelt Dimes, 1945S & 1944S Jefferson Nickels, 1960D BAU & 1961 AU Washington Quarters and 1944D EF & 1944S EF Walking Liberty Half Dollars.
HERE IS TODAYS SILVER SPOT PRICE PER OUNCE
HERE IS AN EXAMPLE OF A SIMPLE TRANSACTION
Say you found or have 4 silver Washington quarters and 2 silver half dollars. Lets say today's price of silver is at $18 per ounce. Now, look at Chart A. Each silver Washington quarter would be worth about $3.00 and each silver half dollar would be worth about $6.00. If we multiply 4 X $3.00 = $12.00 and 2 X $6.00 = $12.00. Thats a total silver value of $24.00. A coin dealer would give you a little less than that and a private collector would propably give you more. There is also a numismatic (antique or rare) value which could be added to each coin. All terms are negotiable and you need a willing seller and a willing buyer. Remember: Strong trees bend in the wind and weak trees snap! Be realistic, give a little and you might get alot.
CASHING IN: Where can I sell the coins I have found?
1. COIN DEALERS:
NEVER CLEAN YOUR COINS! They are more valuable to a dealer if left just the way you found them. If you are in a hurry to sell your coins see the "Contact" information below.
All of these dealers will pay you the daily "spot price of silver" as well as pay you more for the numismatic value of any rare coins you bring to them. Coins that are rare or Very Fine (VF), Extra Fine (EF), Almost Uncirculated (AU), or Uncirculated (UNC) - Brillant Uncirculated (BAU) or Proofs (PR) are worth more. In some cases much more. NOTE the silver currency chart showing silver spot prices and value of coin denominations (CHART A). Coin dealers will be happy to "appraise" the coin value and make you a offer, but is the offer fair and realistic? Don't be afraid to get a second or third opinion. Remember if you found the coin in change and just paid for it's numeric value, you are making out. Don't be unrealistic - this only sabotages your potential. There is a learning curve and trade secrets to coin collecting.
HERE ARE A FEW COIN COLLECTING TRADE SECRETS:
1. Silver prices usually run in a 30 year cycle. As of May of 2011 silver went to a high of $48 per ounce. It has been fluctuating between $25 and $35 since. If you are planning to live another 30 years - you can afford to hold onto your coins. If not - SELL NOW!
RECOMMENDED COIN DEALERS
JACK H. BEYMER RARE COINS
BRUCE BRAGA RARE COINS and COLLECTIBLES
DON RINKOR RARE COINS
SAN RAFAEL RARE COIN COMPANY
Gold, Silver and Platinum Jewelry, and Precious Metals
SIERRA GOLD & COIN - JOHN ENGELHARDT - GRASS VALLEY - GOLD COUNTRY
ERRORS and MORE - JIM CAULEY - SACRAMENTO - GOLD COUNTRY
United States and Foreign Coins,
also Buying and Selling Gold and Silver Coins
Redwood Empire Coin Club
Hobbiest and Two Decades Experience With US Coins 1878 - 1964
Member: Redwood Empire Coin Club