Pricing common silver quarters and dimes

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I'm a currency guy who has a neighbor looking to sell silver coins. There's about $200 in face value silver coinage--circulated Roosevelt dimes and Washington quarters; no scarce dates. I would not expect that a dealer would pay full melt value for the coins; what percentage of melt value is a reasonable expectation? Thanks in advance.

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  • jmlanzaf
    jmlanzaf Posts: 43,061 ✭✭✭✭✭
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    They should be 19-20x

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    Also, if they have the time and energy, they can try to sell them online… I’d try the buy/sell/trade section of this forum, or one of the many Facebook groups devoted to “constitutional silver”. I’d expect that they might even get a bit above melt value on one of those groups. All depends on whether they want to deal with the extra hassle.

  • delistamps
    delistamps Posts: 724 ✭✭✭
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    Thanks to both of you.

  • Glen2022
    Glen2022 Posts: 1,005 ✭✭✭✭
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    You might also try the precious metals thread as many who frequent that are interested in precious metals.

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    21x face

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited February 4, 2025 7:15PM
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    A local shop pays BV less say 10pct / varies on inventory needs, market conditions. The coins are then sorted for material they can sell higher than just melt plus.

    Investor
  • mr1931S
    mr1931S Posts: 7,313 ✭✭✭✭✭
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    Shop around for a buyer who will pay you the most. One buyer is paying 20x. Another one is paying 22x. Which buyer are you going to sell to?

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

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