Percentage of melt value for common silver

JamesW

What would you expect to be offered for common date, very circulated, silver coins? I would expect it would be a percentage of the melt value for silver, if so, what percentage would that be?

3keepSECRETif2rDEAD

coinflation

Erik

GMan

I get 93% of melt when I sell to a local wholesale buyer. Lately though he's been paying nearly 100% of melt (by weight) since silver had dropped so low and very few were selling. Not sure with the recent runup if he's back at 93% or not. I'll know tomorrow as I'm going to sell my junk coins and scrap.

That's on junk quarters dimes and halves. Morgan and Peace dollars, if they're not culls, usually bring a few dollar premium per coin depending on the condition.

StrikeOutXXX

<< <i>I get 93% of melt when I sell to a local wholesale buyer. Lately though he's been paying nearly 100% of melt (by weight) since silver had dropped so low and very few were selling. Not sure with the recent runup if he's back at 93% or not. I'll know tomorrow as I'm going to sell my junk coins and scrap.

That's on junk quarters dimes and halves. Morgan and Peace dollars, if they're not culls, usually bring a few dollar premium per coin depending on the condition. >>



This is pretty close to my local buyer.

He takes spot * .67 and that's buy price. So figure $18.00 an ounce right now, he'll pay 12.06 x face, so about .926% of melt.

We're talking dimes/quarters/halves here.