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What To Do With Old Silver and Gold Coins

colts900colts900 Posts: 314
in Precious Metals
Hi, I have found around 600 dollars of melt value junk silver. I also have a 2005 1/10 ounce Gold Eagle. What is the best way to go about selling these or would it be smart just to hang on to them? Thanks

Comments

  • Rob85635Rob85635 Posts: 1,230 ✭✭✭
    BST and see what you get offered. Helps if you have references or an Ebay account with good feedback. Use ebay if you don't like the BST here. Last resort you can check your local pawn shops but be careful.
    Rob the Newbie
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    Do you think coin collecting might be something you could get into? If so, I'd just hang onto the coins, read a bit about them and the hobby. Re-acquiring them will cost more than you will get for them (thanks to seller fees, if you go the Ebay route), even if the price of silver and gold stay the same.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>Hi, I have found around 600 dollars of melt value junk silver. I also have a 2005 1/10 ounce Gold Eagle. What is the best way to go about selling these or would it be smart just to hang on to them? Thanks >>



    "Smart money" sells when the PM market is rising & not going down. Suggest you sit on it.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • AUandAGAUandAG Posts: 24,760 ✭✭✭✭✭
    If you don't know collecting then how did you determine they are junk silver?

    Get a Redbook at your bookstore and do some research/learning and then you'll be
    better informed as to what you want to do.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • fiveNdimefiveNdime Posts: 1,088 ✭✭


    << <i>Hi, I have found around 600 dollars of melt value junk silver. >>


    the right thing would be to return them to the rightful owner...
    BTW, i lost abunch of silver image
    BST transactions: guitarwes; glmmcowan; coiny; nibanny; messydesk
  • kookoox10kookoox10 Posts: 538 ✭✭✭


    << <i>If you don't know collecting then how did you determine they are junk silver?

    Get a Redbook at your bookstore and do some research/learning and then you'll be
    better informed as to what you want to do.

    bobimage >>



    I agree with this young man image

    Do some research to see if you have anything that's more than just "junk silver". I would personally wait until the commodities market rebounds again. Everybody is selling at this point.
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