UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: MarinBMWZ4 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76419  
Subject: Re: Coin Silver Date: 3/27/2011 4:56 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
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.

MZ4
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement