8 Options to Sell Your Silver
- Local Coin Dealers. Local coin dealers are the way to go if you live near one.
- Pawn Shops.
- Coin Shows.
- Online Dealers.
- Ebay & Auctions.
- Forums.
- Smelters & Refiners.
- ‘Cash for Gold / Silver’ Mail-in System.
How much is a silver dollar coin 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. Value really has nothing to do with relative age—it’s about the rarity of the date.
Where can I Sell my silver coins for cash?
Auctions are another way to sell your silver for cash. Becoming more and more popular, silver bullion, coins, and products are being sold daily with over 33,000 listings on ebay for silver coins at the time of this writing. This biggest concern about Ebay is the seller fees that will eat away at your profit margins.
Where can I find the spot price of silver?
You can check the top right of this site for the spot price or just go to kitco.com to verify. This will give you how much people are buying or selling at that time. Next take inventory and identify the type of silver. Bullion coins come from government mints as .999 fine silver and will usually sell at a premium to the spot price of silver.
Is it good to have a silver dollar?
Silver dollars are extremely popular with collectors. They are large, heavy, and impressive coins to hold in your hand. The US doesn’t make any coin nearly as impactful or cherished as the old silver dollars that used to be a part of everyday life many decades ago.
Our guide covers silver dollar coins issued by The United States from 1794 up until 1935. We have information and value data for one dollar coins worth anywhere from $15 to $10,000,000, and just about every price point in between. You will learn how the condition (aka grade) of a coin greatly affects its value and desirability.