Anyone else buy US Silver coins?

[Dave_W]

I am a part time coin dealer and I like it because it combines my love of photography with my enjoyment of coins. Here's an example of a fairly rare 1876-CC dime that is rare in and of itself (being from Carson City and composed of silver mined at the famous Comstock Lode in north-western Nevada) but this is also a mint error coin and commands a significant premium over a standard 1876-CC dime. Take a look at the letters "OF AMERICA" and you'll see they are all doubled, similar to the famous 1955 Lincoln penny. This doubling occurred when the die was being annulled from the master die and was slightly rotated when the second squeezing happened.


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[jdeg]

wow, that's neat Dave - Now I need to get a macro lens

btw, do you ever send stuff like that out to get graded?

 

[jdeg]

I totally forgot that I had a complete set of 1929-1947 walking liberty halfs. They're mostly in good to v good condition, including the 1938-D

1929 - 1936 are in another book...

 

[Dave_W]

wow, that's neat Dave - Now I need to get a macro lens

btw, do you ever send stuff like that out to get graded?

Yes, quite often, if having it graded would increase the value of the coin. Often times coins that are not better date to key date coins do not warrant the cost of grading unless you're looking at a coins being MS64 or better. Key date coins can often increase in value if they're graded. That way the buyer will know for sure they're authentic and haven't been improperly cleaned. In your series the 1921's would probably warrant grading.

Typically I generate images like this one below. People preparing registry sets really like to have their collections imaged like this. In fact, this is one of my coins that is currently up for sale. This is an example of a fairly common Morgan but in uncommonly great condition, MS66 is getting up their in grade and right now fair value on this coin is approximately $350 or so whereas a lower grade uncirculated 1886 in MS64 would sell for around $75. In this case having it graded makes all the difference.

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[jdeg]

Yeah, I have a good number of graded coins, including the 1921 peace.

That's a pretty awesome Morgan! I know what you mean by the price difference between ms64 and ms66, since anything ms66 that old is rare.

Edit: that looks like an old pcgs card too. Why wouldn't people entering coins in their registry want a pic of the coin in the holder?

 

[Dave_W]

Well, I guess because the grade label is primarily all people are interested in but truth be told, I've never thought of that question before so who knows. But in general, these kind of photos are prized to the point that owners will pay $15 to $20 ea for images like this for their collections...go figure

 

[TedG954]

I received this today. From my experience, Kitco is pretty reputable.

https://online.kitco.com/?utm_sourc...ent=kitcologoheader&utm_campaign=USMINT100412

Gives you an idea of buying and selling prices for silver and gold.

 

[silvercreek]

I've got at least one of every year of the US Silver Eagle Bullion coins. The rest of my collection is made up of 350 Morgan Silver Dollars, at least 250 Peace Silver Dollar coins along with a combination of quarter dollars, half dollars and dimes of various vintages. All are US silver coins.

 

[silvercreek]

I can understand the excitement, but next to desperation, it could be your worst enemy. Here's a site that gives you real time prices, and they also will buy your coins. Slow down and improve the return for your daughter. Personally, I wouldn't sell any of it. The amount really isn't enough to be life changing and silver WILL increase. Watch the prices climb as we get closer to the supposed dooms day of December 21st.

Live Gold Prices - Gold Price - Silver Prices - Price of Silver and Gold

and....

Current Melt Value Of Coins - How Much Is Your Coin Worth?

The value of Silver appears to be dropping again. I don't need to sell mine and was hoping one day that Silver may get up there close to what Gold is now. That will probably never happen but nobody knew that Gold was going to be as high as it is either, know what I mean? I bought most of my Silver between 2003 and 2005 when it was between $5 and $8 per ounce.

 

[TedG954]

The value of Silver appears to be dropping again. I don't need to sell mine and was hoping one day that Silver may get up there close to what Gold is now. That will probably never happen but nobody knew that Gold was going to be as high as it is either, know what I mean? I bought most of my Silver between 2003 and 2005 when it was between $5 and $8 per ounce.

Silver may have dropped lower from yesterday, but it is trending UP.

If you believe it is dropping, then sell now and buy it back when levels out and starts to climb again. That's logical. Seeing silver reach $1700 will require an occurance that no one will ever want to see. And that would put an ounce of gold in 5 figures.