2007-12-23 05:59:07 · 6 answers · asked by WJP 1 in Business & Finance ➔ Other - Business & Finance
Your coins are 0.8350 silver, 0.2953 oz ASW (Actual Silver Weight) each. That means your coins contain just over $4 worth of silver each, regardless of date, assuming average circulated condition and no scratches or other damage. A reputable coin dealer will pay about 80% of that. You should be able to sell them at most coin shops.
2007-12-23 10:48:38 · answer #1 · answered by F. Frederick Skitty 7 · 1⤊ 0⤋
Silver, you said? At a minimum, they are worth something for the meltdown value. The price of silver is currently something like $14/oz.
Most coins are worth more than their meltdown value because collectors place a value on them above the meltdown value.
To find the absolute lowest value the coins are worth, you should find out how much silver is in the coins. You can do that by visiting the site of the Italian central bank, or if it has been closed down due to the European Central Bank taking over, visit the website of the Italian Mint. If it has been closed down due to the Euro, then there must be a European Mint somewhere which will have the information on these coins such as their weight and silver content.
Maybe there is no silver, or very little. The coins might have nickel or zinc in them. These metals also have value, and if you have enough coins, they will be worth something to a scrapyard.
If they are in good condition, then take pictures and list them on eBay. You will most likely get offered more than the face value of the coins.
Just because you can't use them to buy things any more doesn't mean they are worthless. Ancient Roman coins from B.C. can't be used in stores either, but they are valuable, not just because of the metal in them, but for numismatic value.
The modern coins we use today are mostly worthless tokens. They are made out of low-value materials such as zinc, aluminum, nickel, and even plastic. Their meltdown value is usually less than their face value.
2007-12-23 06:58:01 · answer #2 · answered by double z 3 · 0⤊ 0⤋
Italian Silver Coins
2016-10-15 12:01:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
This Site Might Help You.
RE:
I have many silver Italian 500 lira coins from the 50's & 60's. What are they worth and how can I sell them?
2015-08-18 07:43:13 · answer #4 · answered by ? 1 · 0⤊ 0⤋
They are probably just about worthless. The lira, as I am sure you know, is no longer being used. The only way you could sell them, is to a coin collector, and since they aren't really too rare, I don't see you getting much for them. You might want to consider selling them as a lot on ebay for a good price. Also, you could consider just holding on to them, and they might gain in value as time goes by.
2007-12-23 06:12:50 · answer #5 · answered by kevin h 5 · 1⤊ 0⤋
500 Lira
2016-12-29 06:55:34 · answer #6 · answered by ? 4 · 0⤊ 0⤋
depending on the condition of it could be up to £10. 1954 would be an early year and if its UNC could by very soughtafter by right collector
2016-03-22 19:53:13 · answer #7 · answered by Anonymous · 0⤊ 0⤋