Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: trillabodilla

Find a coin dealer in your area that buys and sells ‘junk’ silver. Most buy and sell very used coins based on their silver content. These are coins pre-1964, most of which were 80% silver. Do your homework as to what a silver coin is worth in terms it’s silver value rather than it’s face value. (Factor in sales tax if your dealer charges it)

A website that helped me understand things better in the beginning was;
http://www.coinflation.com/

Hope this helps.

BTW, you may not be able to buy groceries with a krugerand, But most will know a real siver dime when they see one.


37 posted on 08/04/2011 11:51:52 AM PDT by maine yankee (I got my Governor at 'Marden's')
[ Post Reply | Private Reply | To 28 | View Replies ]


To: maine yankee

Find a coin dealer in your area that buys and sells ‘junk’ silver. Most buy and sell very used coins based on their silver content. These are coins pre-1964, most of which were 80% silver.


Correction: 90% silver. 0.715 ounces per dollar of face value (assumes 1% wear).


51 posted on 08/04/2011 7:11:00 PM PDT by Atlas Sneezed (Government borrowing is Taxation without Representation)
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson