The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Coin Silver||Date: 3/27/2011 4:56 PM|
|Author: MarinBMWZ4||Number: 68733 of 76080|
I sold all my old silver coins on eBay in $2 face value rolls. If I recall I ended up getting about $0.20 each coin. Most, if not all, had been collected over the years from change. I did pull out the "steelies" (war time) nickles and sold them separately.
I did the same for my wheat pennies. Got around a nickle apiece.
First thing I did tho' was follow some sales on eBay to see if it was worthwhile and what they were selling for. Then I selected out any fine quality and researched their prices.
I also sold for silver value foreign coins I had been collecting. I simply found out the silver content (including US coins), determined the current spot price and then sold them at that rate. Early Swiss coins have a fair amount of silver and are generally good quality. Unless they had any sentimental value of specific collector interest I simply went for spot value.
I decided to do this after I realized I had $100's of dollars in face value that I really didn't need.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|