I'd bought a collectible Lewis & Clark Comemorative silver proof coin from the US Mint a few years ago.
Recently, I took it down to the local coin shop curious to see what it might be worth.
The dealer there weighed it, and offered me the amount silver was selling for at the time.
When I told him I'd bought it for slightly more than what he was offering, he said they buy only at the weight value, but would not explain further.
Any collectors out there who'd be able to help me with this?
2006-12-11 06:52:20 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
If you are talking about the 2004 Lewis & Clark commemorative $1, then consider the following:
I assume you left it in the original plastic capsule. Removing US commemorative silver coins from the capsules is a huge no-no.
It also makes a difference whether you still have the original box and Certificate of Authenticity. (Not much difference in price between proof and uncirculated coins).
If you did all that, then your coin should go for between $25 and $30 on eBay.
Current silver value is .77 ounces * about $14/ounce or $10.78, which is low for that coin unless it has problems.The dealer shouldn't have had to weigh it - all US silver dollars are precisely the same weight.
Added later: The questioner has informed me that the coin is indeed in the original capsule and he does have the box of issue and COA. Since this is the case, he is simply getting a very low offer from the dealer. I don't know offhand what Green Sheet buy is for that coin, but I would guess at least $18. If this dealer is offering $12 or less, he is trying to rip you off.
2006-12-11 15:22:45 · answer #1 · answered by F. Frederick Skitty 7 · 0⤊ 0⤋
properly lets face it, he did not ask the persons to insurrection hostile to Rome so hence he wasn't that huge a chance, and both way if issues were given out hand the Romans ought to have somewhat overwhelmed any insurrection. in reality politically he wasn't truly properly worth that a lot. although in affirming that 30 coin of silver replaced right into a fortune decrease back then, not as a lot as gold yet nonetheless a luck.
2016-11-30 10:46:34 · answer #2 · answered by ? 4 · 0⤊ 0⤋
common silver coins are worth silver value only. you would have to have a rare date coin to get more. You could always check on eBay to see the going rate for your coin.
2006-12-14 07:42:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
the reason is because that all most silver coins the weight.
if you think your coins are worth more check on ebay before you sell them to a shop , remember now adays most coins are graded .
2006-12-11 07:16:14 · answer #4 · answered by loboboh 2 · 0⤊ 0⤋