Selling silver coins by the pound will net you little more than melt value, or the raw value of the silver. Legal tender silver coins minted before 1964 are roughly 90% silver. See the Related Link "Current precious metal values" for the current spot price of silver. Multiply that by 316.8 (the total number of ounces of silver you have, assuming they're all 90% silver coins) to get the melt value. You might want to make sure, though, that there aren't any rarities in there, or that they're not just coloredsilver. The dates are also important; a "silver dollar" minted after 1964 is, at best, 40% silver (unless it's an American Silver Eagle), and could be cupro-nickel clad.
It depends on what coins they are.
Each denomination of US silver coins has different amounts of silver, so it's not possible to answer this question. Be more specific and post new question with the dates of the coins.
The silver coins would be more valuable - as the price of silver fluctuates. The value of the paper is irrelevant.
In the 1960's, the US stopped making silver coins because of the value of the metal. For example, a silver dime's silver value is worth $2 and a silver quarter is $6. Silver dollars are worth $30. The U.S. was wasting a lot of money in silver coins and the silver value was rapidly increasing, so they had to stop. Another reason would be that people took the coins, melted it and sold it to a cash-for-gold type company. Also, they would ship or smuggle them to foreign countries which is illegal.
The price of silver changes every day. You can get a rough idea of how much it costs by putting the words SPOT PRICE SILVER into a search site. They you have to decide HOW you'll buy your silver. You can buy bars at a price close to the spot price, or you can buy bullion coins like the American Eagle "dollars". The coins will cost more per ounce but they may have a more stable market. What you do depends on why you're buying the metal and how much of it you want to have.
These coins range in price from 15 pounds to several hundreds of pounds and the silver value alone is around 12 to 15 pounds depending on the market value.
Simple answer: The price of silver on the international market got so high that the coins were worth more than face value.
There has been no silver in any British general circulation coin since 1946. Silver is used in some Non-Circulating Legal Tender coins and some Proof coins. Silver is far too expensive to be making coins from. A Penny made from pure silver would be worth a few Pounds.
The value of silver coins per gram can vary based on the current market price of silver. As of mid-2021, the approximate value of silver is around $0.60 to $0.70 per gram. However, it's important to remember that the actual worth of silver coins can be influenced by factors like rarity, condition, and demand from collectors.
For dimes, quarters, and half-dollars those made before 1965 are 90% silver. Half dollars made between 1965 and 1970 are 40% silver. Silver dollars made before 1935 are 90% silver. Nickels from 1942-1945 are 40% silver. Other smaller denominations are also made of silver as well as proofs.
Yes. It is close to the main square or Plaza de la Constitucion. Gold and silver jewelry and coins or bullion can be bought and sold there.
not with todays coins.... when they had 2 cent pieces etc yes
Pounds, Shillings and Pennies, mostly sterling silver or gold coins, (no paper money).
1935 for circulating dollars. Then in the 1970s, some Eisenhower dollars contained silver, but those were only for the collector market.
All coins come from a mint. Casino coins are sometimes solid silver.
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no, Muhammad bin tughlaq's policy wasn't good because he issued copper coins which had the the same value as those of gold and silver without thinking of the consequences of this. he didn't think that that the goldsmiths will start minting copper coins and gold and silver coins will disappear from the market