Nickels are 0.0563 of an ounce, dimes are 0.0723 of an ounce, quarters are 01808 of an ounce,1964 or earlier half dollars are. Thus each coin type will have a different value.
Each denomination contains a specific percentage of silver. Once you identify silver coins the next step is organizing them by denomination, such as nickels, dimes, quarters and dollars. Wartime nickels from 1943-1945 contain 35% silver equaling 0.0563 of an ounce. After 1964 half dollars from 1965 to 1970 contained 40% silver equaling 0.1479 of an ounce. Remember, all dimes, quarters, and half dollars dated 1964 or earlier are 90% silver. When you start out to sell “junk silver coins” first start by identifying which ones contain silver. There are also a few other factors that you can take into account when you sell junk silver coins. Is your goal to stack as much silver as possible for a rainy day or do you want to turn your silver into income on a regular basis? These are a couple of questions you should ask yourself before venturing out and buying junk silver coins.
My advice is to start with a goal in mind. These coins are commonly referred to as “Junk silver coins.” The question I get asked a lot is: “When is the right time to sell?” The trick is in the timing, like buying or selling most other assets you want to buy low and sell high. dime, quarter, and half dollar minted in 1964 or earlier are made up of 90% silver. You just need to know which ones are the most reliable. There are plenty of great prices for junk silver online and local. If you have a parcel of silver coins lying around, then you may want to sell them soon, especially since silver prices have been rising. So, how do you sell your coins? How much are they worth? What do you have? Tips for selling your silver coins Be sure to reach out to Perry if you have questions about this article!Ĭonsumers often wonder about the value of their silver coins. This blog post was generously provided by Perry Lewin of Decatur Jewelry and Loan and reprinted here with permission.
0 kommentar(er)
