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Coin and Paper Money Collecting/silver coin scrap
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Question
I have over ten pounds of 90% silver coins but the condition as coins isn't so good...Can I sell the lot as scrap and if so How and where and how much is it worth?
Hi Steve,
Silver closed at $13.01 an ounce on Friday. If the coins are beat up and not in that good of a condition thats still ok. many coin and jewelry dealers will buy scrap silver 90% coins around 8-10 times face value. So one silver half dollar might bring $4-5 each....it really ads up quick. Look up a local coin dealer in your phone book and give him a call and see if he buys scrap silver.
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Answers by Expert:
Cameron Kiefer
Expertise
I can answer questions relating to copper, silver and gold coins of the United States.
Experience
I have been a collector for many years, and a dealer at shows. I have written many essay's and Money Talk Scripts for the American Numismatic Association and have attended five Summer Seminars at their headquarters in Colorado Springs, CO.
Organizations
American Numismatic Association (Life member)
California State Numismatic association
Western Wooden money club
Visalia Coin Club
Franklin Collectors Club and many more!
Publications
Coin World
Numismatic News
CSNA Newsletter
Education/Credentials
College
Awards and Honors
. 2001 CSNA Literary award. 2002 ANA Outstanding Young Numismatist of the Year winnner.
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