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The Water Cooler
General Discussion
Anyone riding the Silver/Gold train?
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<blockquote data-quote="Shoot Summ" data-source="post: 3570554" data-attributes="member: 1055"><p>The challenge, just as you have found, is it takes cubic hours to go through all of it. Most of the silver the melt value exceeds the numismatic value unless they are in uncirculated condition. The pennies can have some rare dates, but most aren't worth that much either. The best thing is to do as you are doing, separate them by denomination, and then group those.</p><p></p><p>My sister wanted Dad's collection for her Grand Sons, I basically valued the silver at melt prices. He had a complete Indian Head penny collection including a couple of really rare dates. I valued those at the low end of the scale for the value in the condition. Dad had about 20-30lbs of coins, took me a couple of days to do it...</p><p></p><p>Forgot to mention, you can search EBAY's sold auctions to see what things are actually selling for.</p></blockquote><p></p>
[QUOTE="Shoot Summ, post: 3570554, member: 1055"] The challenge, just as you have found, is it takes cubic hours to go through all of it. Most of the silver the melt value exceeds the numismatic value unless they are in uncirculated condition. The pennies can have some rare dates, but most aren't worth that much either. The best thing is to do as you are doing, separate them by denomination, and then group those. My sister wanted Dad's collection for her Grand Sons, I basically valued the silver at melt prices. He had a complete Indian Head penny collection including a couple of really rare dates. I valued those at the low end of the scale for the value in the condition. Dad had about 20-30lbs of coins, took me a couple of days to do it... Forgot to mention, you can search EBAY's sold auctions to see what things are actually selling for. [/QUOTE]
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Anyone riding the Silver/Gold train?
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