I have a coin collection that I want to sell. I don’t have anyone that I want to leave I to, so I will just liquidate it. It’s not a fire sale I just want to gradually get rid of it. It’s mostly U.S. silver coins, probably close to 2,000 in total. Probably nothing extremely rare, although I could be surprised.
Any suggestions where I can do this with an honest person or dealer who will be fair with me.
I live in the Jacksonville, FL area.
Any suggestions where I can do this with an honest person or dealer who will be fair with me.
I live in the Jacksonville, FL area.
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2,000 "mostly U.S. silver coins" could be anything ranging from junk silver to rare numismatic pieces. Before showing it to anyone be sure to sift through it and identify what you have.
Junk silver refers to circulated pocket change, is bought and sold in bulk, and will usually net you the melt value per ounce of silver. See this article for more information: https://coinvalues.com/library/sell-junk-silver.
Also check out the most valuable coins to ensure you are not missing any highly valuable collector pieces. Morgan Dollars and Peace Dollars can be quite valuable depending on condition, in addition to older dimes and quarters. If you have valuable coins mixed in with junk silver and you are not aware of it, you will likely get lowballed. That's why it's important to identify what you have before getting it appraised. Any coin with a possible value higher than melt value should be set aside.
Once identified, to get an idea of the value of your stash you can use our live silver coin values calculator. Just insert the number of each coin and the calculator will tell you how much they are worth using the up-to-the-minute live silver price. Keep in mind that it shows you the melt value which is the value of the raw silver content. If you have any rare, collectible coins they could be worth quite a bit more than the melt value. On the calculator you can click through each coin type and get a better idea of what individual coins are worth depending on their year. We reiterate that, while it might seem like a pain to sift through 2,000 coins, you should identify what you have to ensure you are not missing anything special that might be mixed in with everything else.
Finally, when you are ready to get an appraisal, make sure you seek out a local reputable coin dealer, preferably one licensed by PCGS and/or NGC. This article, although tailored towards buying, has some tips when seeking out a reputable coin dealer: https://coinvalues.com/library/tips-for-dealing-with-coin-dealers. Avoid pawn shops!
Junk silver refers to circulated pocket change, is bought and sold in bulk, and will usually net you the melt value per ounce of silver. See this article for more information: https://coinvalues.com/library/sell-junk-silver.
Also check out the most valuable coins to ensure you are not missing any highly valuable collector pieces. Morgan Dollars and Peace Dollars can be quite valuable depending on condition, in addition to older dimes and quarters. If you have valuable coins mixed in with junk silver and you are not aware of it, you will likely get lowballed. That's why it's important to identify what you have before getting it appraised. Any coin with a possible value higher than melt value should be set aside.
Once identified, to get an idea of the value of your stash you can use our live silver coin values calculator. Just insert the number of each coin and the calculator will tell you how much they are worth using the up-to-the-minute live silver price. Keep in mind that it shows you the melt value which is the value of the raw silver content. If you have any rare, collectible coins they could be worth quite a bit more than the melt value. On the calculator you can click through each coin type and get a better idea of what individual coins are worth depending on their year. We reiterate that, while it might seem like a pain to sift through 2,000 coins, you should identify what you have to ensure you are not missing anything special that might be mixed in with everything else.
Finally, when you are ready to get an appraisal, make sure you seek out a local reputable coin dealer, preferably one licensed by PCGS and/or NGC. This article, although tailored towards buying, has some tips when seeking out a reputable coin dealer: https://coinvalues.com/library/tips-for-dealing-with-coin-dealers. Avoid pawn shops!
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