13 x face for silver?

[hockeyguy]

A friend, who has a nice side gig trading coins for some 30 years, said he was sending in some silver coins for melt value. He offered me 13 x face.....WDYT? Worth it? I could always use the cash to purchase a nicer coin or an upgrade. The thing is the silver pieces are kind of like trophies to me.

[Myownwings]

Perhaps the really badly worn silvers...but once they are gone they are gone forever. I figure I'll hold onto my mercs until they are going for $5.00 each...lol.

[RobW]

I think it all depends on the coins...at 13X face, a very worn common date roosevelt would be $1.30...that's too much, if it was a barber, then maybe...it just depends....

[coinnut]

Call around and see what is being offered for coin silver (90%). They will tell you that over the phone. They always drop the rate to make up for the worn ones. They never lose out on the deal. Personally for me, I can't part with any of them. I would look for some stuff in the house to sell. I've been selling stuff on E Bay and it gets me new stuff in return. I may have to chip in some clad money, but I get new stuff :cheesysmile: :cheesysmile:

[danhughes]

The actual value of a silver coin today is 16.5 times face value. Bookmark this link, where you can check melt values every day:

http://www.coinflation.com/silver_coin_values.html

---Dan, http://thetreasurecorner.com