Coins, old. Selling them.

[joshb]

Try this site for values.

I was able to at least rule out any silver dollars that had high values.

The plain morgans, liberty were just worth the silver rates.

Liberty Nickels - Price Charts & Coin Values

www.usacoinbook.com

Not quite true. If you google them, you’ll find guys promoting them at a much higher price as “collectibles “ It’s all in the marketing. The gold/silver guys will give you “melt value”. Read that carefully! They give you the value of the silver, only.
They send them out to a wholesaler. Some actually do get reduced to bars of silver. The smarter guys buy them and resell them as collector coins. It’s a big business! Say melt value is $20/ounce. Some guy buys them in bulk, puts each coin in a little display packet and advertises them on the web. They sell the “highly collectible NEVER TO BE MINTED AGAIN Morgan” for $30 a coin! That’s a nice gain!

 

[spudgun]

Not quite true. If you google them, you’ll find guys promoting them at a much higher price as “collectibles “ It’s all in the marketing. The gold/silver guys will give you “melt value”. Read that carefully! They give you the value of the silver, only.
They send them out to a wholesaler. Some actually do get reduced to bars of silver. The smarter guys buy them and resell them as collector coins. It’s a big business!

True, and I understood that. Just didn't have the time or effort to really go over everything I had. I looked at what people were asking and selling them for to get a idea of the value. Most were in fair condition and really didn't have any "pot of gold" in any of them.

At the end of the day I was happy with what I got for them.

 

[gsardokla]

Why Investing in Precious Metals Is a Bad Idea

When it comes to investing, are gold, silver or platinum the way to go? Not even a little bit. Investing in precious metals is a bad idea, and here’s why.

www.ramseysolutions.com

This may give you some insights.

 

[FNSafari]

Wheat pennies, Mercury dimes, Buffalo nickels, or silver and gold?

When I was a kid, I started saving every Bicentennial quarter I came across. I have a few hundred of them. Now 46 years later they are worth $0.25 each....... my grandkids will fight over them.

I used to walk from grammar school down across the park to a local bank with a silver certificate earned from a paper route. I would ask the teller for a morgan silver dollar. She would take my paper walk out back and return with "real money". That all ended in 1964.