2007-12-01 12:37:05 · 11 answers · asked by wefight2much 1 in Business & Finance ➔ Other - Business & Finance
If they're not collectible because of their date, mint mark, or condition, you can sell them for scrap silver value. I believe silver is about $15 per ounce, so you might be able to get about $15 dollars each, if you're lucky. But if they're rare coins, or in top condition, you might make more on eBay, or elsewhere.
Good luck!
2007-12-01 12:40:44 · answer #1 · answered by Rick K 6 · 0⤊ 0⤋
The reason that they were selected as mediums of exchange is because they were rare enough to retain a fairly stable value in terms of trade for other things. You basically divide all the available goods and services that can be obtained with the currency, with the amount of it, and that's the value of the currency on that particular day. If you discover additional gold or silver, the value of gold and silver would fall, if everything else remains the same. As a practical matter, back in those times, these things were not measured and known with sufficient precision to have immediate effect unless there was a substantial increase in gold being found by many different miners at the same time. this would create a local condition where it takes more gold to purchase scarce products or services. Eventually this increase in gold would ripple out and have an effect similar to printing money today. Yes, jewelry consumes the gold available for minting coins, but it doesn't eliminate the value of the gold as potential currency. You can melt down the earrings and remove the alloys and recover the gold itself with reasonable effort. so the jewelry made from gold retains its value as potential currency, less the effort to revert it. Sometimes the jewelry would have an even higher value than the gold it is made from, and sometimes its worth less because of the cost of reversion.
2016-04-07 02:35:09 · answer #2 · answered by Anonymous · 0⤊ 0⤋
www.kitco.com will give you the current value of silver and all metals. i think it's at $14 an ounce now.
2007-12-01 12:40:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Go to several different places to get estimates (look online or in the phone book ), don't just settle for the first estimate you get.
2007-12-01 12:40:48 · answer #4 · answered by Angela C 6 · 0⤊ 0⤋
check online on with the federal reserve bank of America
2007-12-01 12:39:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
go to a registered coin appraiser they should be able to give you a value of your coins.
2007-12-01 12:42:18 · answer #6 · answered by MattE 1 · 0⤊ 0⤋
Take them to a coin shop, if you don't have one nearby, check this link:
http://www.money.org//AM/Template.cfm?Section=&WebsiteKey=
2007-12-01 12:43:39 · answer #7 · answered by Steven D 7 · 0⤊ 0⤋
coin shop, coin books or antique dealer.
2007-12-01 12:40:20 · answer #8 · answered by bluebonnets1952 5 · 0⤊ 0⤋
www.ebay.com
They are only worth what some one will pay for them.
2007-12-01 12:40:41 · answer #9 · answered by Anonymous · 2⤊ 0⤋
look on e.bay and see what they actually sell for.not what people are offering them for.the actual sale.............
2007-12-01 16:12:10 · answer #10 · answered by richard t 7 · 0⤊ 0⤋