answersLogoWhite

0


Best Answer

yeah but they will only give you a buck

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you sell your silver dollars at the bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can you buy silver dollars at the bank?

Some banks do sell American Silver Eagles, but they do not hold and sell silver coins that are turned in.


How much are silver dollars worth to buy at banks?

You generally can't buy silver dollars or any older silver coins at a bank. Because the value of the coin greatly exceeds the face value of the coin, if someone wanted to deposit a silver dollar they would only give them $1 for it, when the coin is worth at least $30 in silver content. Because of this few people ever deposit silver coins and the ones that are deposited are bought by the bank employees as curiosities. The only "silver" dollars you might find at a bank are Eisenhower dollars, but these contain no silver and are sold for $1, but since many people keep them as curiosities, there are few banks that carry them in stock, but at some banks you might find a few. Some banks do sell silver proof sets and other collector coins, but the prices that they sell it for is much more than it would cost you to go to a coin shop and buy the exact same set for.


How do you sell your silver dollars?

Your local coin shop is probably the best place at which to sell your silver. Most coin shops are found in large-scale malls.


Are any Morgan silver dollar worth one million dollars?

The only dollar coins that sell for over $1M are 1804 dollars.


What is the best way to check value and sell a 1922 US Silver Dollar?

1922 is such a common date for silver dollars that the value is only for the silver content. With current silver prices, a '22 Peace dollar is worth about $21. To sell one, either take it to a coin dealer, or post it on eBay.

Related questions

Can you buy silver dollars at the bank?

Some banks do sell American Silver Eagles, but they do not hold and sell silver coins that are turned in.


What is olathe hoard of silver dollars?

25 sealed bags of silver dollars where found at a bank in olathe kansas in 2009, the bank kept them in reserve to cover deposits as required by law but prefered to keep real silver instead of cash. Turns out that was smart as the silver dollars where in great shape and slabed by NGC and sell for a premuim.


Can I get silver half dollars at a bank?

no


Where do you take silver dollars to get change?

You can take any of them to a bank and get change, however if they are older coins or if they contain silver, it would be to your advantage financially to sell them to a collector or a coin shop but a collector would probably pay you more for them than a coin dealer would.


How much are silver dollars worth to buy at banks?

You generally can't buy silver dollars or any older silver coins at a bank. Because the value of the coin greatly exceeds the face value of the coin, if someone wanted to deposit a silver dollar they would only give them $1 for it, when the coin is worth at least $30 in silver content. Because of this few people ever deposit silver coins and the ones that are deposited are bought by the bank employees as curiosities. The only "silver" dollars you might find at a bank are Eisenhower dollars, but these contain no silver and are sold for $1, but since many people keep them as curiosities, there are few banks that carry them in stock, but at some banks you might find a few. Some banks do sell silver proof sets and other collector coins, but the prices that they sell it for is much more than it would cost you to go to a coin shop and buy the exact same set for.


Where to sell circulated silver dollars?

Coin dealers and jewelers do buy gold & silver coins.


What bank allowed people to exchange their dollars for gold and silver?

It's the Second Bank of the United States.


I have 30 Canadian coins one side has Canada 1982 Dollar on top other side has 1867 Confederation on top Constitution 1982 on the bottom can I take them to a bank to exchange them for US dollars?

Yes, It is a silver dollar and you can exchange other silver dollars to the bank, so you should be able to. Yes, It is a silver dollar and you can exchange other silver dollars to the bank, so you should be able to.


What is the value of the Sacagawea silver dollars?

They're not silver, they're brass. The last silver dollars were made in 1935. In any case Sacajawea dollars are not rare at all, and any that you get in change or from a bank are only worth face value.


What if the value of an 1878 silver dollar?

A morgan silver dollar cost minimum 30 dollars but if it has a "S" or a "CC" mintmark it can sell up to 130 dollars.


How do you sell your silver dollars?

Your local coin shop is probably the best place at which to sell your silver. Most coin shops are found in large-scale malls.


Value of 1976 silverdollar?

The 1976 silver dollar is only 40% silver. These sell for $4-5 dollars in internet auctions.