Do you have few silver coins and want to sell them? How much does these silver coins worth? Is it hard to sell silver coins you have?
First, you have to find your coins value. It is not hard to sell silver coins if you know their fair price. How can we find your silver coins value?
There are different types of silver coins. Silver bullion coins are the silver coins made from .999 pure silver. These coins are produced specially for precious metals investors or coin collector and they guaranteed by the governments in silver purity and coin weight.
Junk silver coins are the coins with silver content from 40% to 90%. These coins was in circulation in U.S. before 1965 (90% junk coins) or between 1965 and 1970 (40% junk silver coins).
Numismatic silver coins are the coins which have additional numismatic value beyond their silver content.
How to sell silver coins: selling silver bullion coins
Silver bullion coins are issued by many countries and they are very popular among coin collectors and silver investors. The most known are Canadian Silver Maple Leaf coins, American Silver Eagle coins and Mexican Silver Libertad coins.
It is easy to sell silver coins if they are bullion coins. The price of any silver bullion coin is equal to price of the same amount of pure silver. Most of the silver bullion coins are 1-oz silver coins made from .999 or .9999 fine silver.
So if you want to sell silver bullion coins you should find the current spot price of silver per ounce and sell your coins for these prices.
How to sell silver coins: selling junk silver coins
How can you find the price of junk silver coins? It is very easy. You should calculate weight of silver in your coins and determine the price of your coin based of their silver content.
If you have 100 pre-1965 silver dollars, which contain 24.06 gram each, then you have 2406 gram of pure silver. Now you can calculate the price of your silver dollars without any problems.
How to sell silver coins: selling numismatic coins
Before selling numismatic coins you should check the price of the coins in the coins catalogues. Numismatic coins range in conditions from the poorest state for heavy used coins to the best state for new coins. You can find description of the Coin grading systems online with the coin conditions from AG-3 (About Good) to MS-70 (Perfect Mintstate).
Where to sell silver coins?
Where can you sell silver coins? There are lots of possibilities.
First, you can sell silver coins to any of local silver or coin dealers in your area. But the best way to sell silver coins these days is using Ebay or other auction site.
Simply register your account on Ebay and Paypal, make pictures of your coins, write good descriptions of your offers and start selling. If you want to sell silver coins in large quantity then using Ebay is a good idea.