Hi ho silver!
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@blondie said in Hi ho silver!:
What a time to be downsizing and selling grandma’s flatware!
If it goes up anymore than this I'm executing my long-planned heist on Fort Knox.
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I’m downsizing so I’ve stuff in auctions. Got rid of 4 8-12 place settings of various elders’ Sterling flatware over the last 10 years, some fancy, some plain. Some went to auction; the last 2 went for melt value. Never did I get more than $3750 for these flatware sets. Last night at auction 2 plain Jane 8 place setting sets of flatware sold for $7000 CAD each! One weighed in around 2380 gms, the other at 2195 gms (they exclude stainless bladed and lead filled knives from their estimates). I highly doubt any buyer will be using these to eat with. Now is the time to be raiding grandma’s drawers, weighing that stuff, finding a dealer & cashing in.
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I just don’t have the patience to save this stuff. I’ve seen how much time gets sucked through probate when silver or gold gets listed on an elder’s nventory.
Is there any one on this board who has an opinion on cash vs melt value for not so rare U.S. eagle dollars? I’ve delayed finding a coin dealer for 5 pretty ones (they could be uncirculated; are in sleeves) & 3 others because I have to travel to a sketchy part of town, but, … if melt value is close to their face value, I can easily find a silver dealer.
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Face value of a US silver eagle is technically $1, but I think I know what you mean. Like the value when the silver is in coin form. Vs the value of the pure silver. There would probably be at least a 5% difference, maybe 10.
I suggest finding a reputable and large online dealer and locking in a sale. You just make a call and the deal is finalized, then you ship them your coins and they wire you the money after they receive it.
Not sure if it makes sense for you to try to find an online place in Canada, but if US is ok, you could use SDBullion.com.
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Yes, @horace , you are right. Not face value.
I’m pretty sure these are late 1960s early 1970s dollars. My godfather gave them to me as a kid and he had a bank in Montana. One is a different side facing eagle. I should look them up, weigh them, see what the purity is with these things.