Thoughts and opinions Needed 1st Trade/Find

OldFishingLures

Not sure if this is what you on the boards call a find..But its my first one and or horse trade for coin.I traded some fishing lures to some collectors who had some stash piles of coins...There are 3 diff trades in this pile...The 2 Bulk silver trades and 1 gold trade....And am in it for a reasonable cost against melt value

Heres my question:And a few thoughts, which one if any would you think and or whats your take....

The silver I got as bulk or junk really inst too junky or really all slick....However there are really no key dates just 1930s-40s-50s items...

A. My gut says even if the stuff which is the nicest dont bother with trying to have it slabbed to increase value as even in best case scenario the top end would realize 25-40, not really worth time and or effort, I think I dont really know....But based on looking each coin up thats my take, since there are no key dates....

B. Keep it stashed away in hopes melt keeps going up....

C. Use it to trade my local dealer, letting him make a bit on the deal as far as melt, and trade for some of his coins or to build a possible future relationship where he may reciprocate....

D. Keep a few of the best, buy a few albums one for me and one for my little boy the oldest to get him intersted, hes only 4 and the other is 1 (Which we have on state quarters with the oldest)....Then do option C or E

Or

E. Send it all to the big melt house, take the money and buy old Copper, which is what I really want to collect or maybe even a smidgen of gold...

Again this is from the mid of a newbie

Ruff Count.....

800 Mercs
100+ Halfs Pre 64
50 or so Post 64
500 Nicks
15 Dollars Peace and Morgan Common (But may have Vams all the Morgans are 21)
Dozen 3 cents shield and V nicks...

Thanks for your thoughts and time.

Matt





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UtahCoin

Put it on the BST board, then buy yourself what you want.

derryb

Do the math. then make a decision. (silver will reach a much higher price, i would sit on them).
Silver coin calculator

OldFishingLures

Thanks for the calc....Saved me a bunch of time doing it the long way and being uncertian of the exact multiple...Matt

DorkGirl

<< <i>Put it on the BST board, then buy yourself what you want. >>

derryb

nice thing about the calculator: it always has the current spot price plugged in to it.

OldFishingLures

Thanks for the opinions so far.....

Matt

gecko109

<< <i>Thanks for the calc....Saved me a bunch of time doing it the long way and being uncertian of the exact multiple...Matt >>




The standard multiple for "junk" silver is .715 oz / $1.00 face value, except on the dollars which is .77 oz I think.

cullenbryant

silvers about as easy to convert to cash as anything, i know lures have a large following also,
but i'd guess you did alright at least from the aspect of liquidity.

OldFishingLures

I guess I should sit on the side and hold for a while and see where the train goes.

Swampboy

<< <i>I guess I should sit on the side and hold for a while and see where the train goes. >>



Wow I'll say!
Up $1.25 in 24 hours.

Elcontador

Pre 1965 Halves are 90% silver. 1965-1969 Halves are 40% silver. 1970 & later are for parking meters as far as I am concerned.

If a few of the 64 Halves look like they just game from the mint, they may be worth a small premium over melt. The Franklin Halves (1948-63), if they have wear, they're worth melt for silver. Walking Liberty Halves (1916-1947) are worth melt, if your earliest date is 1939 or later. The circulated 1938 D is worth a premium, as is the 1933 S and earlier ones.

Ditto re common date Merc. dimes which are heavily circulated. The circulated dimes coins worth more than that are the 1916 D, the 1921 P (no mintmark), and the 1921 D, and the 1941 over 1942 overdate. The others are worth melt, more or less. An uncirculated Merc is worth a premium.

Which are the coins in plastic holders? If you can list them, we an tell you if they're anything special.

If you can give us dates re the Liberty & 3 Cent Shield coins, we can let you know if you have anything special.

You have a 1935 Peace $, which is the last year they were made. Perhaps it's worth a premium. Someone here can tell you, I don't collect them myself.

Nickels - Buffalo nickels with dates (1913 - 1938) are worth a small premium, moreso if older with mintmarks. The Jefferson nickels worth a premium are the War Nickels (made between 1942 and 1945) because of their silver content. Circulated, the 1939 D, 1950 D, 1938 D and 1938 S are worth premiums, but only the 39 D and 50 D are really worth anything to speak of.