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Question Re: Silver 35%-40%-90%***SURPRISING UPDATE***

LeeBoneLeeBone Posts: 4,438 ✭✭✭✭✭
edited October 7, 2024 10:43AM in U.S. Coin Forum

A friend of mine was left some of these from his father and asked me to see what dealers are paying for each of these. (All common date material)
35% War Nickels
40% Halves & Dollars
90% Dimes, Quarters, Halves, Dollars
I would offer him a little over their prices and save him further work.
Thanks in advance.
LeeBone

Comments

  • PClark99PClark99 Posts: 48 ✭✭✭

    Dealers are probably going to be 10-15% behind spot. This is from experience with a couple local shops in NJ.

  • TomBTomB Posts: 21,230 ✭✭✭✭✭

    Anything less than 90% silver always gets dinged with respect to its buy price vs. percentage bullion. Whatever folks are paying for the percentage bullion on 90% will be a higher value, per ounce of silver, than the low percentage stuff.

    Thomas Bush Numismatics & Numismatic Photography

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  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭

    I'd steer clear of the 35-40% stuff, way too hard to unload.

    90% is all over the place depending on condition, denomination and FV amount but expect to be low balled by almost all dealers. If you got BU halves and a lot of patience you might realize melt, slick mercs, roosies, Washington quarters can be as far back as 20% of melt. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • DisneyFanDisneyFan Posts: 2,061 ✭✭✭✭✭

    Would you get a better price at a major show: i.e., FUN?

  • john_nyc1john_nyc1 Posts: 88 ✭✭✭

    At least for common grade, circulated silver dollars I have gotten better prices at the Diamond District in NYC than from coin dealers. I was surprised.

    Casual collector, mostly Morgans & Peace Dollars.

  • MsMorrisineMsMorrisine Posts: 33,069 ✭✭✭✭✭
    edited October 4, 2024 7:40PM

    the people on the precious metals forum would know.

    also Barbers bring higher prices, then slq/mercs, washingtons/roosies and kennedy are the baseline

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,069 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,069 ✭✭✭✭✭

    it's sad that conflation has so many annoying ads, but you can go there to determine raw silver value

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • PeakRaritiesPeakRarities Posts: 3,700 ✭✭✭✭✭
    edited October 4, 2024 8:12PM

    90% Dimes and Quarters are being bought around 20-21x face, halves 22--23x depending on quality , and cull dollars are around 24x. Not sure about 40% or war nickels.

    Founder- Peak Rarities
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  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    Wholesale on 40% is about $75/ roll but most local coin shops pay way too little because they are "modern".

    War nickels are ~$55/ roll but shops underpay a little for these.

    Keep in mind that dealer profits come out of the spread and few dealers pay as much as wholesale. Some shops even sell these for too little.

    Tempus fugit.
  • jesbrokenjesbroken Posts: 9,998 ✭✭✭✭✭

    Some of your foreign coinage is 70% such as 70's Netherlands 10 Guilden coins. Not sure regarding others. I picked up a couple of these when there in 70's.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • nwcoastnwcoast Posts: 2,863 ✭✭✭✭✭

    Nice find on that 42/1 overdate!
    It pays to look closely on this stuff. Nice job!

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

  • CopperindianCopperindian Posts: 1,449 ✭✭✭✭✭

    Nice find - congrats!

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian

  • PClark99PClark99 Posts: 48 ✭✭✭

    That is cool!

  • erwindocerwindoc Posts: 5,088 ✭✭✭✭✭

    Well, Ill be! Great find. I have searched many times for either one and never found one.

  • CRHer700CRHer700 Posts: 1,919 ✭✭✭✭✭

    @MsMorrisine said:

    How in the world do you have 47,101 notifications????? Do you never pay attention when people quote you?
    By the way, nice find to the OP.

    God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,107 ✭✭✭✭✭

    Nice clear over date. Very obvious.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • LeeBoneLeeBone Posts: 4,438 ✭✭✭✭✭

    @erwindoc said:
    Well, Ill be! Great find. I have searched many times for either one and never found one.

    I really couldn’t believe it myself.
    I have looked for many years for anything more than the ordinary and never found anything until now.
    Actually, never thought it would happen and I’ve only heard stories of other people finding things. Still hard to believe.

  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭

    Wowzer!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • MeltdownMeltdown Posts: 8,791 ✭✭✭✭✭

    Awesome! I've also looked through a gazillion mercs and never found that overdate! This gives me hope...

  • hummingbird_coinshummingbird_coins Posts: 1,126 ✭✭✭✭✭

    @CRHer700 said:

    @MsMorrisine said:

    How in the world do you have 47,101 notifications????? Do you never pay attention when people quote you?
    By the way, nice find to the OP.

    You can make the number however high you want with "inspect element", although there isn't really any reason to do so.

    Young Numismatist • My Toned Coins
    Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled

  • skier07skier07 Posts: 3,968 ✭✭✭✭✭
    edited October 8, 2024 7:25AM

    I had a very difficult time selling ~$50 of 40% silver at Long Beach but if I recall correctly I got around $375. Aside from the buyer nobody else was even interested. Silver was around $27/oz when I sold it.

    Edit: Whoops, 100 halves equals $50

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,107 ✭✭✭✭✭

    Odds of finding one in the wild now has just gone up with this find.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".

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