If you're talking about cashing in on old silver coins, your best option is to sell them to a coin dealer. Avoid cash-for-gold businesses, as you probably won't get as much for them.
No, for silver coins as the value of silver changes the value of the coin changes. The same is true for gold coins.
Although sold for a premium to the public, colorized coins have no true numismatic value. Their value is limited to the worth of the silver they contain.
The value right now is $19.18, that is spot price of silver as I type this. The price of silver (and gold) change by the minute. Most buyers I know will pay spot price for bullion coins at the time of sale if they are good clean coins with no scratches or marks. Please note: This is called an American Silver Eagle, it's a bullion coin and the true value is just for the silver.
yes of course idiots
It depends how much you have and what type of coins you have. Are they collector coins (as in, high grades, key dates, rare coins) or are they junk silver coins (as in, worn silver quarters from the 40s, silver dimes from the 50s, etc.). If they are collector coins, it is better to sell to a reputable dealer. If they are junk silver coins craigslist and eBay are your friends, but dealers and jewelery stores will usually buy them too. Don't go to places like "Cash 4 Gold" or other "Hotel Lobby" sellers. They will often times take 50% or more off the true value of your coins.
No! Polishing decreases value. Most people figure the more shiny the coin is the more it's worth. In most cases that's true since uncirculated coins are worth more the circulated coins. Usually when amateurs clean coins they don't clean them properly decreasing value.
First your coin is not silver, it is cupro-nickel. The Liberty V nickel as it is known is very common in most conditions so sadly unless you are really fortunate $3-20. Common sources for value are always retail. The red and black book values are the worse estimators of value you can use as coins change daily. Be happy you have an interesting coin and all coins have a story that is the true value.
"Silver eagles" are modern bullion coins minted since 1986 and sold to investors and collectors. They contain 1 troy ounce of silver so their value is tied to the price of silver. That changes every day so any answer posted here would be out of date almost immediately. Current silver prices are available from many sources including sites like kitco.com and the financial section of any major newspaper.FAQsThe "one dollar" denomination on the back of a silver eagle is artificial. The coins aren't intended to be spent. True silver dollars ($1 silver coins minted 1935 and earlier) are often confused with eagles, but those coins wereintended for spending. They contain about 0.77 oz of silver and in many cases are worth more as collectibles than for their silver content.
All true silver dollars (the large coins made from 1794 to 1935) are worth much more than face value, if only because of their silver content. As of 07/2010 even the most common ones are worth about $15 for the metal in them. However, many are worth significantly more to a collector but you have to know the coins' dates, mint marks, and conditions to be sure.
Pure silver is a better conductor than copper, but is too expensive for general use. A silver coin (depending on the amount of silver) would indeed conduct electricity. True silver coins were eventually debased with cupronickel - which gives the silvery appearance of modern coins.
Please check again and post a new question. The US didn't mint any $1 coins from 1936 to 1970 inclusive. There is no such thing, the last true silver dollar was minted in 1935 and silver dollar sized coins struck in base metal weren't made until 1971 when the Eisenhower dollar was struck.
The amount of gold on a gold plated 1 ounce sterling silver coin is usually a very thin layer, so the actual weight of gold is minimal. It is true that during the melting process, the gold plating does not add significant value as it is usually too thin to be recovered efficiently. The main value in such coins comes from the sterling silver content, not the gold plating.