Junk silver prices

morganbarber · June 12, 2011 5:55AM

I will be selling some junk silver at the Baltimore Coin Show next weekend. What should I expect to get for Junk Morgan/Peace and other junk silver? Thanks.

MsMorrisine · June 12, 2011 6:13AM

how junk?

are they slicks?

mkman123 · June 12, 2011 6:17AM

Expect melt or slightly below it

superpsychmd · June 12, 2011 6:47AM

what is that approximately on 90 percent silver per dollar? Curious myself

MsMorrisine · June 12, 2011 7:04AM

melt for AU/MS Morgans and Peace is at ~$28

melt on 90% half dollars, quarters, dimes is at ~$26

slicks will go for less than the less circulated ones.

greatnortherncoin · June 12, 2011 7:50AM

whos paying 26.00 for 90% ? with spot at 36.20

CircOnly · June 12, 2011 7:54AM

<< <i>whos paying 26.00 for 90% ? with spot at 36.20 >>

I'm assuming that 26$ for a 1 dollar face value of 90% halves, quarters and dimes. Atleast its dang close.

Phaethon · June 12, 2011 8:22AM

Her you go ...

Junk Calculator

Greeniejr · June 12, 2011 8:25AM

Basis 36.20 silver melt is around 25.9 on a bag of 90%. Wholesalers are paying dealer to dealer a buck under with delays of a couple of weeks. If someone offers you in the neighborhood of 24.5 to 25 for immediate funds take it and run. Right now unless you have less than a quarter to half a bag expect less. Right now if you look you can buy it at 25.9 so clearly you can't get that yourself from a dealer.

Bruceswar · June 12, 2011 10:33AM

I saw some dealers buying at $27 yesterday.

robkool · June 13, 2011 2:40AM

My local dealer was paying 23x for 90% & selling at 27x...

TwoSides2aCoin · June 13, 2011 2:44AM

I'll guess "lower" by next weekend. Some may agree , others may not.

Junk silver prices

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