You are here:

Coin and Paper Money Collecting/Discover America 500th Anniversary Coin Collection

Advertisement

Expert: - 3/10/2009


Question
I have a Discover America 500th Anniversary Coin Collection from the Franklin Mint and was wondering how much it would be worth. 25 coins, still sealed in their individual wrappers, 25.00 legal tender stamped on each. I also have the leather display case.

Answer
Hello David,
Traditionally, Franklin Mint items are only worth the value of the metal they are made of.
If you are lucky, they are silver, either .999 pure or sterling (.925 pure)
If so, add up the toal weight, adjust for the proper purity and multiply that by the currecnt spot price of silver.  As of now, silver is $12.70 per troy ounce.

Regards
Joe Hylas
www.AllCoins.US

Coin and Paper Money Collecting

All Answers

Answers by Expert:

Ask Experts

Volunteer

Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

©2012 About.com, a part of The New York Times Company. All rights reserved.