Only if you are collecting the coins for their silver or bullion content. The melt value depends on the silver price that changes daily in line with demand and supply. Collecting bullion coins is a way of preserving wealth in uncertain economic and political times. Coins are portable and gold coins, ounce for ounce, is obviously more valuable. Bullion does not pay interest or dividends, hence some investors prefer gold or silver mining shares, as they generally pay dividends. Some pundits say one should have 5% of ones wealth in bullion. As with everything, diversification is essential and I would not put all my eggs in one basket. I hope that helps.
Depends on the coin.Some coins are primarily collector coins and they've got values beyond their silver content, other coins are known as "junk silver" and sell about for melt value.For US 90% silver coins (quarters, dimes, half dollars and dollars dated 1964 and earlier) a good rule of thumb is that you'll pay anywhere from 20-25 times face value for a junk silver coin. For example, you can expect to pay $2-2.50 for a junk silver dime.There are also 1965-1970 dated Kennedy half dollars, these are 40% silver and can usually be bought for about $5 a piece retail.There are also 35% silver "war nickels" which are dated 1942-1945 (with a large mintmark over the Monticello) these coins will often sell for $1.50-2 or so retail.
Any coin dealer or pawnshop will buy them. I'll pay you 12 times face value if you ship them to me.
Roman coins came in gold, silver and copper. In the earlier days there were also coins in bronze and brass.
yes by chloe robinson
yes by chloe robinson
"Pure" silver coins were never minted in Britain. The closest to pure silver used in coins is sterling silver which is 92.5% silver usually alloyed with copper. Sterling silver coins were last issued for general circulation in 1919 and 1920, beyond 1919/1920 the coins were debased to 50% silver. The Royal Mint still produces Proof and bullion coins (not for general circulation) which are made from sterling silver, but this is reflected in the price you pay for them.
Assuming you have a junk Mercury or Roosevelt dime dated up to 1964, its retail metal value would be about $1.35 as of 09/2010. Of course a dealer will pay wholesale so you'd probably get around $1 for it, best case, and less if it's heavily worn. These coins weighed 2.5 gm when new and were made of 90% silver. That means it contains 2.25 gm of silver.
No, the Aztecs did not use silver coins as currency. They primarily used a barter system, exchanging goods and services without a standardized form of currency.
Usually reasonable prices is how much the silver is worth in the bar then add in 50 cents to a dollar for dealer profit. Silver bars and rounds have lower premiums when compared to something like silver Eagles and junk silver.
You can buy junk silver (pre-1965 U.S. coins with 90% silver content) from reputable bullion dealers like BOLD Precious Metals, local coin shops, or online marketplaces. Look for listings by face value (e.g., $10 or $100 FV) and check that the coins are circulated but still recognizable. Always verify purity (90%) and buy from trusted sources to avoid counterfeits.
It really depends on what you want to do with silver. If you are buying junk silver, the best thing to do would be to put an ad out in the local classifieds or online on Craigslist saying buying pre-1965 90% silver US coins and give how much above face value you are paying for them. If you are selling bullion or junk silver, the best thing to do would be to put an ad in the classifieds or Craigslist saying you were selling silver rounds/bars/junk silver. If you are buying silver, you might want to see how much local coin shops, jewelery stores and pawn shops are paying for them and make sure you are paying more than they are paying. If you are selling silver, I would keep in mind that most people who browse Craigslist or the classifieds looking to buy small amounts of silver are most likely going to pay less than spot price on it, however, they often times buy for more than local competitors.
No, the Aztecs did not use silver coins as currency. They used a system of barter trade, where goods were exchanged for other goods. Cocoa beans, cloth, and tools were commonly used as currency in Aztec society.