How do you determine the value of old silver?

Multiplying your collection's weight by the current price of silver will yield the total value of your junk silver. For example, if you have 71.5 troy ounces of silver, and the current spot price is 32 dollars, then your junk silver is worth (71.5 * 32) or $2288.

What old silver coins are worth money?

Is older silver worth more?

Sterling silver holds intrinsic value as a precious metal, but antique silver pieces can be even more valuable than their silver content would indicate. This added value depends on the craftsmanship, maker and desirability of the piece offered for sale, along with the venue where an item is sold.

How do you tell what type of silver dollar you have?

Identify Your Coin

Mint branch where the coin was struck. The mark, which is usually a letter denoting a city of origin, and its location on the coin vary by date from coin to coin. Now, use an online guide like Coin Facts to help determine which type of silver dollar you have.

What are pre 1964 silver coins worth?

Before 1965, US quarters were made of 90 percent silver. That means that due to the silver alone it would be worth about $3.50 (depending on silver prices). After 1964, the quarter is just made of nickel and copper and worth just 25 cents.

how to “calculate” the VALUE of old silver coins (using spot price)

Are 1965 quarters worth anything?

The standard 1965 clad quarters are very common so they only sell for a premium in uncirculated condition. The value is around $2 for coins in uncirculated condition with a grade of MS 63. Uncirculated coins with a grade of MS 65 are valued at around $9. Click here to search for 1965 quarters on Amazon.

How much is a 90 silver dime worth?

Silver Dime Melt Value? The 90% silver dimes stuck in the USA have a melt value of currently around $1.30 – $1.50 (USD), depending on the spot price of silver at the time of course (current silver spot price: $17.62 oz).

What happens if my silver dollar doesn't have a mint mark?

The short is yes; the presence or absence of a mint mark can and usually do affect the coin's value. However, there is no defined rule of thumb to this because each coin is different. In some cases, the mint mark may increase the value, but in others, a no-mint-mark error may increase the worth.

How can you tell if you have a silver silver dollar?

The best way to determine if your coins are silver is to view the edge of the coin. If the coin has a solid silver stripe, then you can feel confident that it's silver. If you can see a copper stripe, then the coin is clad. A more subdued silver stripe with faint traces of copper could mean that the coin is 40% silver.

How do you test silver with vinegar?

Some people try to save money by using vinegar instead of acid but vinegar won't give you accurate results. For this test, you just put a drop of acid on your silver item. If the acid turns the wrong color then it's fake. …

How do I sell antique silver?

Go online and post the antique silver that you want to sell. It can be the best way to establish the true value of your silver because it is then easily compared to other antique silver pieces. Antique silver buyers hunt online for pieces that they are looking for.

What can you do with old silver?

Just as you might sell gold or platinum, you can sell silver in a number of ways. The most common of these is to bring your silver to a local pawn shop, a silver exchange, a consignment shop, a local jeweler, or by using an online website.

How do I know if my coin is worth money?

What is the best way to sell silver coins?

The easiest way to sell coins is to track down a reputable dealer. They'll offer a wholesale price instead of retail, but a lower rate might be worth the convenience. Other options include auctions, online marketplaces, and searching an online forum for collectors.

Are wheat pennies worth anything?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

How can you test silver at home?

Just place a drop of bleach on the silver item. If it tarnishes after coming in contact with oxidising chemicals like bleach then it is real silver. Real silver will turn black when exposed to bleach.

What are 1976 silver dollars worth?

The standard 1776-1976 silver dollar is worth around $19 in MS 63 choice uncirculated condition. In MS 65 gem uncirculated condition the price rises to around $24. The 1776-1976 proof silver dollar is worth around $20 in PR 65 condition. There were 4,000,000 proof coins minted.

How much is a 100 year old silver dollar worth?

The relatively high-mintage 1879 Philadelphia Mint Morgan dollar is worth perhaps $15 to $30 in well-circulated grades, while the low-mintage 1928 Philly-minted Peace dollar can take $200 or more in the same condition.

What is the rarest mint mark?

What years of coins are worth money?

What makes a 1965 dime valuable?

Another mid-1960s transitional error, the 1965 silver Roosevelt dime is a rare and valuable piece with only a few known examples. Some examples have sold for $7,000. It's easy to tell 1965 silver dime from a normal clad 1965 dime with use of a scale that can measure in increments of hundredths of a gram.