Free Ebook.


Enter your email address:

Delivered by FeedBurner

« Star Money Articles and Carnivals for the Week of January 14 | Main | Two Money Mistakes that Could Cost You $1,000,000 »

January 18, 2008

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

They say pennies from 1982 and earlier have a higher copper content which makes them worth more than face value.

ooooh, pennies....

I did this just a couple of weeks ago. I had a coin from my parents. An uncirculated Carson City silver dollar from the late 1800s. I sold it on Craig's List for $150.

As a numismatist myself, I want to beg those that are considering selling your coins, especially silver coins, that you do NOT sell them to people who will be melting them down to resell for the silver value. Coins are a piece of history and deserve much better than that. If you are looking at selling your coins, I recommend doing a couple of things. First of all, if you go buy a coin values book, don't expect to get those values if you sell to a dealer. A dealer is out to make money by reselling them and will undercut those prices. Secondly, do your homework for a respectable dealer. When you go to a dealer, make sure that they have a good reputation and know approximately what your coins are worth before going. You may want to have them appraised by one dealer before you sell to another.

FMF, if you are considering selling, let me know. I would be interested in knowing what you have.

The comments to this entry are closed.

Start a Blog


Disclaimer


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.

Stats