Coins FAQS: Frequently Asked Questions
- 1. What are my coins worth?
-
Your coins are worth exactly what a willing and able buyer is
willing to pay for the coins at the time you decide to sell them.
Factors a seller or a buyer may take into account in the course
of negotiating a fair purchase price are: Age, Authenticity, Condition, Country, Rarity, Metal Content, Market Value and Personal Interest.
Age often may be a contributing factor in the value of a coin. However, a bent, mutilated, corroded, worn out junk coin may simply be a curiosity piece, and not really a salable item. Age alone does not govern value. An old hunk of “junk” is just that – namely: an “old hunk of junk”.
There are other, important factors to consider... Namely, authenticity: is the coin really genuine or a fake? ...an old or recent counterfeit? Is the seemingly old coin a recent re-strike? Could it be merely a Novelty Copy Coin or Token for promotional purposes? Even though counterfeiting was oft punishable by death, it has flourished ever since coins first came into existence in Lydia, and defiantly practiced throughout the ages. At times even sponsored by governments to weaken their enemies currency. Thus, fakes and counterfeits of all sorts -- old and new -- abound in the marketplace. In fact, "struck counterfeits" recently coming out of China have been so deceptive they have even fooled numismatic experts. So is the real deal real? The Roman proverb "Caveat emptor: Let the buyer beware!" still holds in the marketplace. Worse yet, the coin may be illegal to own, or sell and be subject to confiscation by government. Even criminal penalties will be applied if one knowingly traffics in such items.
Another factor to consider... is the old coin in remarkable condition a re-strike? Some countries, for example, Austria’s Maria Theresa Thaler, dated 1780, Hungary's 1908 Proof Gold 100 Korona, Mexico’s 50, 20, 10, 5 and 2 Gold Pesos… produce legitimate, government authorized, “re-strikes” of popular coins which in previous years had been issued for circulation. These popular coins, whose dates suggest they are old, and are usually found in exceptional condition, are merely common investor/speculator bullion coins, and not scarce or rare numismatic items.
Is it a problematic coin? There are seemingly endless variations to “problematic coins”. That is, coins that have been altered by tooling, chemical treatment or other combinations of mechanical means. Often dates are changed: the coin may have had mint marks added or removed by tooling or two different coins may have been sandwiched together to fabricate a rarity. Is the coin all there? Gold, Silver and Platinum coins may be shaved, clipped, drilled, bored out... the holes plugged, or cavities filled with base metal. ...heavily circulated coins can lose 5% of their metal simply to wear. To give the coins a lustrous, dazzling appearance, surfaces may be whizzed (have the surface mechanically brushed with a fine metal brush), or polished with an abrasive, or cleaned or artificially toned for eye appeal chemically. Savvy buyers shun such items and sellers of such items. Why? No one likes to be fooled and swindled
Although it is true, older, genuine coins in excellent and original condition generally may command a price premium, condition alone is not the sole determinant of price. There is more to the story of what a coin may be worth... Is the coin Rare? That is the question. Arguably, rarity may be a coin's single most important attribute. And on the flip side, one may ask just how rare is the buyer for the rare coin in todays market? Chance of having or coming across rare coins that are of truly of historical significance and of great numismatic interest are rare. Museums like the Smithsonian* are a great place to view galleries of truly rare coins. http://americanhistory.si.edu/collections/numismatics/
*Note: These institution acquire their collections as gifts or charitable donations. Silver Gold Buyers is not so lucky. We pay hard-earned INSTANT CASH. Our considerably less impressive "collection" is indeed built by priceless coins... coins we just can't seem to sell in the greater fool marketplace at any price. Half such collectible items offered on EBay don't even register a click...
Metal Value is also a very important factor. The intrinsic value of a coin refers to the actual metal value used to manufacture the coin. That is, what will their metal content fetch in commercial quantity at a refinery that recycles old metals into fabrication products. To be sure, coins containing silver, gold or platinum intrinsically are much more valuable than coins made of base metals such as aluminum, copper, nickel, or zinc. Why? Precious metals are less plentiful, useful and in time of high demand because they can easily be melted down and recycled into new products. Nevertheless, metal prices alone do not determine the value of coins, there are some very rare base metal coins that can be worth more than gold and silver coins in the collectibles market.
When it comes to metal prices, one must also keep in mind they are not constant or stable, but volatile commodities. They change constantly from day to day in price according demand. On occassion, these prices changes can be quite dramatic. Historically, for exmple, back around the mid 1800’s, Fisk and Gould cornered the Gold market. They drove the price of Gold from $20 oz up to $160 oz, before "Black Friday" rolled around, the government stepped in and decided to dump its horde of gold at those astronomic prices. As the news got out, prices collapsed in the panic and when the speculative smoke finally cleared --- Gold prices tumbled all the way down to $20 oz -- where it had originally started. In a somewhat similar, manipulative move, in 1980 the Hunt Brothers cornered the Silver Market. They drove the price of Silver up to almost $50 oz, before the Security and Exchange Commission stepped in and changed the trading rules for Silver. Instead of 10% leverage, suddenly one had to be 100% leveraged. To boot, one could only sell silver, and not buy silver in futures market. The subsequent CASH crunch, resulting from "margin calls", collapsed the silver commodity market. In 2000 (almost 20 year later) Silver traded below $4 oz. If you bought at $50 you are still buried (30 years later)... like a stone head on Easter Island doing nothing, waiting for the greater fool market to someday bail you out... So, what are my silver or gold or platinum coins worth? Their value changes daily according to what's happening in the marketplace. Your coins are worth exactly what a an able buyer is willing to pay for them at an agreed price at the time you decide to sell them. In doing business, it pays to shop around, obtain three offers from reputable buyers and take the best deal. The U.S. Mint is not very generous. They will buy the coins and currency they issued at face value. The Franklyn Mint, a private mint which mints coins for many foreign countries, and all sorts of collectibles, will buy silver, gold and platinum at approximately half their spot metal price. You will find it well worthwhile to do business with us, we pay considerably more.
As far as world money… Neither for foreign coins, nor for foreign currency have a very active market in the United States.. Like stamps, they are more of a pastime hobby than a liquid commodity. That's not to say world coins and currency can be very interesting and a lot of fun to collect, providing you are not collecting them for their market value. Most dealers will not buy them, unless they are are bargain basement price.
Llike the whims of fashions, demand for collector coins, can abruptly go in or out of style. So, if there is a very high popular demand for the coin(s) at the time you're are trying to sell them, you will likely get high price for them. On the other hand, if there is collecting becomes unpopular, you will get a low price for them. Currently bullion coins are enjoying a high speculative demand. Gold prices have reached an all time high. But collectibles, like real estate, are a hard sell. The bubble has burst. The economy is in the worst since the Great Depression and a turn around is not in sight. Folks in the unemployment line have neither the disposable income nor the consumer confidence to "speculate" and play the game of "greater fool marketing" with collectibles. What about those catalogue values or EBay or "Blue Book Prices"? Lets get real... The government mints coinage and they are released for circulation via the Federal Reserve Banks across the country. A new penny has a catalogue value of $0.20 and even more if it was caught in the Mint Master's glove without so much as a scratch. If newly minted pennies could fetch more than a penny they would never get into circulation and the mint master's job would be to catch coins all day, so they bought and hoarded by folks who have more money than brains. The fact of the mater is catalogue value is the "retail price" a dealer must charge customers to stay in business, and the "wholesale price" is the "face value" the dealer pays for newly minted coins at the bank. A coin dealer can't buy change for face and sell it for face and earn a living. Coinstar, for example, will process your accumulated change for approximately 93% of face value in cash or provide 100% in various promotional gift cards in exchange. The bank requires customers to count their change and then deposit them into their account... Likewise what a single coin may fetch on EBay does not reflect the INSTANT CASH "wholesale value" of coins. The various processing fees, commissions and shipping and handling charges, can easily knock off 25% of the sales price. And that retail price does not reflect and take in account the time, labor and other risks involved in selling the item. An EBay price does not relate the fact the half of items listed these days are essentially "dead stock" -- they don't even register a click of interest. Like the newly minted coins just released to the bank -- there may a occasional customer willing to pay $0.20 for a shinny penny to spare him the bother of searching through the banks change, but there are millions of pennies that will never see that princely price. To boot, there can be all sorts of problems with sales. A buyer may return the item because was not sufficiently or accurately described, or be a "dead beat", or a snail "aging account receivable" . The insurance cost to cover inventory from "damage", "fraud", "shrinkage", "theft", "robbery"... may be prohibitive or simply unavailable. Dealer Price Lists can be misleading... Just because one dealer has a "retail" customer for a specific coin and paid a newly tallied, princely "wholesale price" to another to service his customer -- is no guarantee or other retail customers actively abound in the marketplace. Coin prices, like commodities, are often manipulated by a few "fat cats" -- these "fat cats" could be selling back and forth to each other or gobbling up certain items to inflate prices. These dealer price price list are sometimes referred to by more savvy traders as the "sucker sheets" -- simply a self-serving tool used in the course of "greater fool mass marketing" to stick unwary speculators who haven't the foggiest about what is really going on with coins at contrived, artificial and inflated prices in the marketplace.
Personal interest... a coin that may be a dear, sentimental memento and priceless possession to one person, may mean little or nothing to someone else. Sentimental value, because the coin(s) were a gift from a friend or relative, or engraved --with kind words or someones initials is not fair market value. Thus, it may be conversely said "one man's treasure can be another man's junk."
Fair market value is what an able buyer is willing to pay for the coins at an agreed price at the time you decide to sell them. Like Lee Iacoca said: "If you can find a better deal... take it!" - 2. What Types of Coins do you Buy?
-
We buy all coins... Please contact Silver Gold Buyers
Purchasing Department, relate what you have for sale
and negotiate a satisfactory price for your goods.
One may obtain a FREE online estimate, not only for common silver and gold items, but also many common collector coins -- Wheaties, Buffalo Nickels, Indian Pennies, Junk Silver, BU Rolls, Silver Dollars, and such by using Silver Gold Buyers online COIN BUY PRICE ESTIMATOR. How does the Coin Buy Price Estimator work? Simply select the coin item(s) your have, then enter the number of items you have for sale and preview the buy price for your goods. If you have a mixed bunch of "junk silver" coins you don't wish to segregate by denomination and count, you may use the Silver Buy Price Estimator and simply enter their weight and obtain an estimate buy price. Our prices are based on the quality and quantity of the coins you have for sale, factor in the volatility precious metals, and are updated daily, to reflect current market conditions. If the current buy price is satisfactory, send the coins and get paid. All the information you need to complete a safe, secure and satisfactory transaction is at your fingertips. For coins and currency not specifically price listed contact Silver Gold Buyers Purchasing Department, please provide us with a tentative "ball park" price you have in mind and confirm our purchase interest. If you don't have a moving price in mind, we do publish Buy Prices for many commonly traded coins that folks are likely to have lying around the house or store at a bank... coins they may have received as gifts, or purchased as a hobby, or as speculation or as an investment.
When you send price listed items for sale, you may include other items of confirmed interest you seriously wish to sell for our fair offer. We will purchase the silver, gold, and old coins price listed in our circular, and at the same time evaluate the other items of confirmed interest which you have submitted for an offer. You may request on the packing slip that we contact you by phone or e-mail to confirm the settlement price for items of confirmed interest submitted for offer, or we can simply send you the check for your approval. Satisfaction is guaranteed.... if you submit silver, gold, old coins and other items of confirmed interest we buy for a fair offer and are not satisfied with price, simply remit the check within twelve days from the time the check was issued, and in accord with the terms of our agreement, we will promptly return the items submitted for offer at our expense. Rarely does this happen, and we intend to keep it that way. The links below may help you identify and describe the goods your wish to sell or submit for a price offer.
Vintage List of Foreign Gold Bullion Coins.Austrian 1 Ducat Denmark 20 kr. (Mermaid) N. E. Indies 1 ducat Austrian 4 Ducat French 20 Francs Peruvian One Libra Austria 10 kr German 10 Mark Russia 10 rubles Austria 20 kr. German 20 Mark Russia 20 rubles Austrian 100 Corona G.B. Sovereign Russian Chevronetz Belgium 20 francs Hungary 10 korona Swedish 20 Kroner Brazil 10000 reis Hungary 20 korona Swiss 20 francs Brazil 20000 reis Hungarian 100 Korona Tunisia 20 francs Chile 100 pesos Italy 20 lira Uruguay 5 Peso Colombia 5 pesos Netherlands 10 Guilders - 3. Should I Clean my Old Coins?
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Unless
you have a clump of ancient encrusted deep sea treasure that needs to
be separated and can afford to hire a professional chemist who knows how
to minimize the damage caused by cleaning, we strongly advise against
cleaning old coins. Otherwise, the chance of enhancing the value
and salability of the coin(s) to a serious coin collector is greatly
diminished. Cleaned coins are more common and less desireable
than coins in their original condition. In fact, cleaning may
completely destroy any chance for a premium consideration.
To a discriminating collector, a "pig
with lipstick" is just a ridiculous "oinker". You are even more likely to
get less for just junk or "bullion" coins if they are cleaned.
Why waste your time to lose money?
- 4. What are “Novelty Coins”? ...Love Tokens?
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Novelty
coins are custom designed coins and personalized coins for use as
novelty gifts in business, weddings, reunions, or any special
occasions!
Examples of custom designed coins are double headed or double tailed magician coins, elongated pennies. Sometimes these elongated coins that have been run through a mill are embossed for commemerative and promotional purposes.
As implied, love tokens are coins modified by engraving a name or initial(s) of a loved one, and then served as a gift...
- 5. Do you buy other collectibles? Old Currency ...Tokens? ...Stamps? ...Medals? ...Militaria? ...Figurines? ...Antiques?
-
Yes!
But unless they are offered at close out
prices in this tight fisted, depressed economy, we do not have a
strong interest collectibles. We have to maintain cash flow, and
we simply can't do that with what in today's market is basically "dead stock".
- 6. What are Silver Certificates Worth? ...Gold Certifcates
- Unless they are crisp and uncirculated, they are likely worth their face value at the bank. Even brand new notes are relatively common and not in high demand. They no longer can be exchanged for silver or gold. Crisp uncirculated notes, however, can be sold for premium over their face value, so don't cash them in at the bank.
- 7. Do you buy Foreign Coins? ...Foreign Paper Money
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Yes! Please contact Silver Gold Buyers' Purchasing
Department, relate what you have, and negotiate a satisfactory price
for your collection, accumulation, horde or items.
- 8. Why is dealing in Coins & Collectibles a “risky business”
-
The simple fact is most
coins are salable and thieves like a quick turnover and are attracted
to "salable merchandise". This puts dealer as well as collectors at risk for theft,
burglary or "shrinkage", i.e., pilferage if they are not alert, attentive and
mindful of their goods... Another fact is most people in a face to
face transaction understandably want to be paid in INSTANT CASH.
Carrying cash puts one at risk for robbery.
Commodity
prices are volatile. This week's silver or gold bargain, can become next
week's bury in overpriced goods that may -- Ouch! -- have to be sold at
a loss in order to initiate CASH FLOW and stay in business.
Business
can run hot or turn cold. Demand for coins can be as fickle as women's
fashions. Unpredictably things can change without apparent rhyme or reason --
suddenly, dramatically and drastically. What does a clothier do with
Mini Skirts that no one wears? Or bunch of silly bell bottom
trausers even a sailor wont touch? In like fashion, coin dealers can
be left the last buying fool "holding the bag" -- full of what was once a popular, trendy
coins, that suddenly have soured into garbage goods --
losers -- no one wants.
Moreover, the antique, coin, collectible, jewelery, and precious metal business is rife to all sorts of fraud, scams and swindles. A dealer has to constantly be on "red alert" and on the "look out" to survive and carefully scrutinize what he is buying, and like a hawk -- size up and asses the character of the person with whom he is doing business and at the same time "dance in tune and step with the devil": Big Bro government’s rules and regulations -- to avoid being fined, or even criminalized as a cheat, a fence, tax evader, money launderer, gangster, or terrorist. - 9. How much will you pay for my coins?
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Unfortunately, we have not perfected the art of buying the
pig in the poke. Nor do we have any Gypsy Fortune Tellers on our staff
with a magic Crystal Ball Coin Estimator to answer this question.
However, we do have a Silver Gold Buyers Estimate Worksheet and a Silver, Gold and Coin Estimator.
This will enable you to preview and approximate a reasonable
estimate for our priced listed items. Other items -- submitted
for offer that are of confirmed interest.. or unmarked silver or gold items submitted for FREE
assay -- need to be actually viewed, examined, weighed, tested and
appraised before we can come to a mutually fair and objective
price decision.
But
do keep in mind this is an ESTIMATE. Precious metal, coin, and
collectible prices are volitile, often speculative --and not money in
the bank... You will really be thrown for a loss if you try
to deposit them in a bank. The actual Final Settlement Price is
subject to verification of the packing slip, a fair adjustment for
prepaid, assay items, items of interest submitted for offer and
purchased and adjustment for current metal prices on the day of
processing.
We
go to great lengths to make sure our Final Settlement Price is
right... in line... competitive... and
constitutes fair market value. That it is, more money than you are
likely receive elsewhere.
- 10. How do I know I will get the best prices for my goods?
- The facts speak for themselves... Explore our Website. We do put a great deal of thought, research and effort into determining what makes up a fair, competitive, wholesale price for every item offered to Silver Gold Buyers. But you don't have to believe us? See for yourself. Check out the competition (antique dealers, coin dealers, gold buyers, pawn shops, jewelers, precious metals, etc.). Compare our prices and the service we provide. You will find that we are not afraid to educate and inform our customer. Nor are we ashamed or publicly embarassed to publish our buy prices. Our Silver, Gold and Coin Buy Price Estimator empowers you to intelligently choose your best price for most commonly traded item, and not be taken in by flim-flam media hype or by a consumer rip-off. Fair market value is what a willing and able is prepared to pay for the coins at an agreed price at the time you decide to sell them. We try to KEEP IT SWEET AND SIMPLE. Check out the current prices we pay for Silver, Gold and Coins. Compare,... if the price is SATISFACTORY, send the good and get paid. End of HAPPY STORY!
- 11. What if I am not satisfied with your offer?
-
We sincerely hope that never happens. After all we are in
business to serve our customers needs, and value your business. But in the rare event it
does, simply return our check within 12 days of the issuance date on
the check, which appears in the upper left hand corner. Pursuant
to the Terms and Conditions
of doing business with Silver Gold Buyers, we will promptly return the items sent.
- 12. Why is NOW! a good time to sell my silver and gold coins?
- Currently Silver and Gold Prices are very high. Back in 2000 Gold was trading as low as $270 per ounce and Silver was trading below $4 per ounce. Prices have almost quintupled in a decade. Newton famous observation: "What goes up will come down." Historically, high "speculative prices" do not last as long as lower "stable prices". Take the money and run. Why not cash in a at a terrific price while the market is hot? Think about all the things you buy at a bargain these days. Sooner or later hot markets start to fizzle out... bubbles burst. Who knows where prices will land and how far down prices will fall when the speculative demand tanks? Proverbially, the bird in hand is worth two in the bush...
- 13. How do I go about selling my coins?
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1. Identify, examine
and evaluate you coins. How? Review the Coin FAQs. Explore the Silver Gold Buyers' Website: How We Work, Glossary, Gallery of What We Buy, check out our displayed Buy Prices, use the Buy Price Estimator
to preview approximately what we will pay for silver, gold and commonly
traded coins. If the current price estimate is satisfactory, send
the goods and get paid.
For other items not specifically price listed, contact Silver Gold Buyers
Purchasing Department, relate what you wish to sell, confirm interest
and negotiate a satisfactory price subject to verification of the
shipped goods.
2. Read and accept Silver Gold Buyers' Terms and Conditions. These simply spell out
the mutually fair and reasonable rules we will follow in the
course of transacting business. Afterward, you may request
an SGB Shipping Kit sent to your mailing address. If you wish to
avoid
postal delay -- simply set matters in motion immediately and print out
your Silver Gold Buyers' Shipping Kit online.
3. Pack your shipment*... place you coins items in suitable containers. Rolls for old change item can be obtained at the bank. Use plastic a “Zip-Lock” bag, and plastic to wrap premium silver and gold coins separately. Mint Sets and Proof Sets should be contain in their original, undamaged packaging. For large collections use appropriate sized Medium or Large Boxes with adequate packing peanuts or bubble wrap to prevent damage in transit. *Note: The Maximum Package Weight is 70 lbs. For shipping large quantities of coins, or other bulk solid silver items (20 - 70 lbs gross weight), we highly recommend using sturdy canvas bank bags and/or steel cans (1,2 or 5 gallon size) with security seals. If obtaining these items is a challenge, your Silver Gold Buyer Purchasing Representative can arrange to have them sent to you. A refundable $50 advance deposit (credited towards goods sold) is required.
You may link to the carrier of your choice (FedEx, U.S. Postal Service, United Parcel Service ). The links are posted on the Silver Gold Buyers' Website for your convenience, and will help you locate FREE shipping supplies, instructions on how to properly pack, ship and obtain other services to suit your shipping needs. Insure adequately, we can only cover the first $500 of a package on a prepaid and insured Shipping Label. More is the senders responsibility.
4. Select the shipping option that best suits your needs. obtain a FREE preaddressed shipping label online and send your package to:
Silver Gold Buyers
P.O. Box 14577
410 Superior Ave.
Cleveland Ohio 44114
Friendly Reminder: Be sure to include the filled and signed out SGB Packing Slip Form with your shipment, that provides brief description of your shipment, your payment preference (check or bank wire on the signed form) and check to make sure the return mailing address is correct. If it is not or has changed, please correct it. *Return Policy with Plated or Problematic Goods. Click to Expand
5. Get Paid.
You may track you insured package throughout the deliver process. Ship with confidence… all packages are processed the day they arrive. Payment authorized within 24 hrs.
- 14. Why should I do business with Silver Gold Buyers?
-
Silver Gold Buyers
mission is to provide courteous, prompt, and professional service and
guarantee your satisfaction. We have testimonials to the
fact. We are licensed to conduct business… done business for many
years... our scales are certified by the State. You'll be
fairly paid according to the quantity and quality of your merchandise
at current market prices.
We help you "clean up" around the house and raise more cash by showing you how to identify and intelligently sell unwanted items of value, which may just be lying around, collecting dust. We explain in great detail what constitutes “pay dirt” and what is mere “glitter”and how to sell your goods.
We are -- completely transparent -- above board in our dealings. We are neither ashamed nor afraid to publish our prices. We empower you to be the judge and employ our service. How? ...By enabling you to preview in advance an approximate estimate settlement that you will receive based on the quantity and the quality of your goods at current market conditions.
Afterward, you are at liberty to shop around and compare our buy prices against those of itinerant gold buyers, local pawnbrokers, jewelers, antique dealers, coin dealers, friends, etc. and reach an objective, factually informed decision that is to your satisfaction and financial self-interest.
We are very energetic and competitive – and go to great length to research the marketplace, check out the competition -- determine what constitutes a fair and reasonable price -- and what is not. Our mission is to provide our customer with genuine, not phony services.
How? …By working harder. We want it -- your business – scraps and all! … Not just the light “cherry-picking mail-me-the-golden-goodies in the envelope” stuff, but the send us the mule pack – the “whole kit and caboodle” -- boxes of miscellany -- most of the fat gold buyers shun. Why? We believe work is “good”, keeps one healthy and true satisfaction is something one should cheerfully take to the bank. Recycling all items no longer in use, or needed or wanted eliminates waste, saves energy and stimulates business activity. More service generates what customers appreciate most: namely, more money to buy what they need.
In the event, weighing, examining, number crunching, appraising and traipsing around town in and out of shops haggling like a fish monger just is not your thing... Relax! We’ll do the work for you, spare you shoe leather, gas and probably save you a whole lot of time and needless aggravation by letting serious money just talk quietly and simply send you the check for your approval.
Silver Gold Buyers' customers are never pressured to sell. They choose to sell because the price is right! If you submit your precious metal items for a fair offer and are not satisfied with the price, we will promptly return the items at our expense.
All the things you need to conduct a safe, secure and satisfactory sale are at your fingertips... We are not only out to make your selling experience interesting and informative, but also a profitable and pleasant experience as well. One you will be glad to repeat and share with family and friends.
Thank you for your interest, consideration and doing business!
Silver Gold Buyers
- 15. How do you determine a cull Buffalo Nickel versus visible date nickels?
-
A cull means something picked out from others, especially something rejected because of inferior quality.
In terms of collectible coins, it may refers to flaws such as corrosion, chemical cleaning, plating, dents, scratches, holes, nicks, excessive wear which make the coins less marketable.
We buy cull Buffalo Nickels if they are not absolutely "junk" coins (severely impaired and no one is interested in buying them). Cull Buffalo may have problems, but not severe enough to be classified as absolute "junk". For example, the coin may be considerably worn and may not have a full date, but there is still enough detail left that one can recognize the coin as a Buffalo Head Nickel. - 16. What does S mints refer to on an Ike Dollar?
- "S" Mints are Mint Marks indicating the coin was minted at the San Francisco Mint in California. Only the 40% Silver Ike Dollars which are of commercial interest to us were minted there. The "S" Mint Mark appears on the Obverse side of the coin below the bust portrait of Eisenhower. We do not buy Ike Dollars unless they came from special mint sets or proof sets unless they are Silver. Please check out Silver Coin Buy Prices. It should provide you with a gist of things that we do buy and the terrific prices we are currently paying.
- 17. What are the Kennedy 1776-1976 half dollars go for??
- The silver Kennedy Halves were minted for circulation were issued from 1964 through 1969. Special Mint Sets and Proof Sets that contain Silver Halves were issued in 1970 and for the Bicentennial in 1976. That is not to say the copper nickel coins may not have some "speculative" value or interest to coin collector or coin speculator. They just currently are not a salable item for us. Please check out Silver Coin Buy Prices. It should provide you with a gist of things that we do buy and the terrific prices we are currently paying. We do not buy Kennedy Halves unless they are Silver.
- 18. Is my coin Silver? What dates were silver coins made in the US? How much silver content is in my us coin?
-
If your U.S. coin is Pre-1965 it should be a 90% silver coin. Here is a list of Coins and Dates that have 90% silver content:
- Morgan Dollar 1878-1921
- Peace Dollar 1921-1935
- Kennedy Half Dollar 1964
- Ben Franklin Half Dollar 1948-1963
- Walking Liberty Half Dollar 1916-1947
- Barber Half Dollar 1892 to 1915
- Mercury Dime 1916-1945
- Roosevelt Dime 1946-1964
- Barber Dime 1892-1916
- Washington Quarter 1962-1964
Here's a list of silver U.S. coins that contain 40% silver or less:
- Kennedy Half Dollar 1965-1970
- Ike Dollar 1971-1976
- War Nickel 1942-1945 (Contains 35% silver)
You can find the value of these coins using our up-to-date U.S. Coin price list. - 19. Are you buyers of bulk coins?
- Yes! We will buy coins in bulk. This is how you sell your bulk coins to us and get an estimate on how much we'll pay. We buy single items or several pounds of gold, coins, bullion, rare coins, mint condition coins to scrap coins in any amounts.
