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I have about 8 silver dollars in poor - okay condition and I wanna get some money for them. I dont care how much I just wanna know if I could bring them to a bank or where? If I bring them to a bank will they give me just a dollar for them or more? Thanks

2007-04-07 14:11:24 · 4 answers · asked by Mike 1 in Business & Finance Personal Finance

4 answers

Those silver dollars, even though they may be in "poor-okay" condition, may have numismatic (coin collecting) value. Take them to your local numismatist, easily found in Coin and Stamp Shops. The numismatist will grade the condition of the coins and suggest values that are not likely less than the per ounce value of silver.

Phil
http://www.phillipfostercpa.com/advisory.html

2007-04-07 14:26:19 · answer #1 · answered by phillipfostercpa 3 · 0 0

A silver dollar is worth more than its face value in true terms but banks may not pay you an extra cent.

You can auction it off with help from a licensed auctioneer.But this is allowed only if the currency of those silver dollars has been withdrawn.

However taking suggestions from a bank officer is worthwhile for this.

In any case, there must be some way to realize money from them, be patient.
Raj
http://thatfewdollars.blogspot.com/

2007-04-07 14:22:28 · answer #2 · answered by Anonymous · 0 0

Put them on ebay. You will get nothing at the bank but a dollar a piece. They are worth at least 8-10 dollars a piece if in fair condition.

2007-04-07 14:19:30 · answer #3 · answered by Fish <>< 7 · 0 0

EBAY OFFERS THE BEST CHANCE TO MAKE MONEY ON THEM.


YOU DIDN'T SAY WHICH YEARS BUT HERE'S EBAY AUCTION LINK.

http://coins.search.ebay.com/SILVER-DOLLARS_Coins-Paper-Money_W0QQcatrefZC6QQcoactionZcompareQQcoentrypageZsearchQQcopagenumZ1QQfclZ3QQfgtpZQQfposZQ5AIPQ2fPostalQQfromZR2QQfsooZ2QQfsopZ2QQftrtZ1QQftrvZ1QQlopgZQQsacatZ11116QQsadisZ200QQsaprchiZQQsaprcloZQQsargnZQ2d1QQsaslcZ2QQsbrftogZ1QQsofocusZbs

2007-04-07 14:23:29 · answer #4 · answered by cork 7 · 0 0

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