How to go about selling loose Silver coins ? (any coin dealers here?)

[CorCentral]

I have quite a stash growing of silver coins. From dimes to silver dollars.

Just wondering how to sell these & get a good deal ? I've figured out the silver value of each coin but have questions.

1-- Does a dealer have to pay you full silver value for the coins ?

2-- Do they have set prices? A percentage cut ?

3-- Let's take a silver dime for example. Silver is at around $6.85 an ounce. Does this mean you take the silver value + face value ?...... Dime= 0.48 silver + .10 face = .58 ? ?

I have $50.00 in dimes (face value) alone, that's almost $300.00 if above is correct ! !

I just don't want to get ripped by a crooked dealer. I will know the total value before visiting though because that part's easy


Anything else anyone can add that you think would be helpful, I'd really appreciate it.

 

[AgaBoogaBoo]

try ebay, search around for some coin collecting sites

 

[Eli]

Wow, where can I find which years are true silver? lol

 

[Eli]

Wow.. :Q

After a quick search on Google, I found a site that is selling 50$ worth of 1964 and before dimes for 295+s/h.

So it looks like you're probably about right.

/starts collecting

:Q

 

[vailr]

Pre-1965 dimes, quarters, and halves should sell for 5 to 6 times face value. Silver dollars should sell for 7 to 8 times face value.
This is for worn common date coins, without regard to quality (dings, scratches, etc)
However, you should definitely check for any especially valuable "numismatic" coins. For example: a 1936-D quarter in MS-65 uncirculated condition, could be worth $1,500, according to "A GUIDE BOOK OF UNITED STATES COINS" edited by Kenneth Bressett.
Selling these on eBay as individual coins, may be a way to maximize your $$'s.

 

[Brutuskend]

Years back I had about $6-$7 worth of silver coins. At one time the price of silver went WAY up. I ended up getting a dollar on the penny!

Some you have are no doubt collectible, the ones that aren't might be worth more AS silver.

 

[xboxist]

Try this forum, they're pretty hardcore there:

NGC