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Re: Gold and Silver 

By: scubavol in GRITZ | Recommend this post (2)
Tue, 04 Feb 25 8:57 PM | 20 view(s)
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Msg. 03513 of 04554
(This msg. is a reply to 03510 by De_Composed)

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Perhaps I flatter myself in thinking that I have better things to do with my limited minutes on Earth than marketing individual silver coins to suckers, one by one. A quick look at the Blue Book will tell anyone what any non-dead person will know. Some may be worth more, but I have been a CPA by trade, and conservatism is our code. They mostly just aren’t unique, and therefore not collectably valuable. You will be selling to someone who has to sell to someone else, and everyone has to make a profit, so selling above melt for middling silver coins is not much of a thing, as far as I know. I picked out a nice 1891 Morgan minted in Carson City- that’s worth more than melt. A few others. But on the whole, they’re worth their silver weight.


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The above is a reply to the following message:
Re: Gold and Silver
By: De_Composed
in GRITZ
Tue, 04 Feb 25 8:16 PM
Msg. 03510 of 04554

scubavol:

Re: “Only a few that are probably worth over melt,”
All silver dollars are worth at least a few bucks more than melt. At auction, I usually see them going for between 2 and 10 dollars above spot depending on year, condition and the aggressiveness of the bidding. If they're rare or the buyers are dumb, they can go for more, of course.





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