Me too guys, i cant place a bid or purchases over 225 on silver and gold- call me a conspiracy theorist lol but i think it has something to do with blocking ppl form buying silver and gold to be honest and controlling how much someone can buy- my advice is go to a trusted dealer. Ive been a 100% seller and buyer since 2007- please tell me why else they would be blocking sales of silver and gold
Back in the day, bullion coins were used as currency, but with the invention of fiat money, bullion coins took a backseat and went on to become collectibles. You can find a wide range of silver bullions on eBay, and there are plenty of options to choose from. You can take your pick from an array of coins, bars and rounds, and other bullion available. These bullion coins are minted in U.S Mint, Royal Canadian Mint, APMEX, Scottsdale Mint, The Perth Mint, and British Royal Mint. The metal unit per bullion differs from each other, so make sure you check the details before making a purchase. You can look at all the new and used options available on eBay and pick the bullion that suits your needs.
Silver bullion: Silver bullion, the most popular type of bullion on eBay, includes some of the world's most valuable coins, but is often overlooked by collectors. When searching listings, you may find a silver ingot recovered from a famous treasure wreck such as the Spanish Atocha or a collection from an old Colorado mining town. Also keep your eyes open for an officially-sealed crate of silver Maple Leaf coins from the Royal Canadian Mint, a collection of Franklin Mint 100 Greatest Masterpieces, a bag of Walking Liberty half dollars, or a dealer roll of first-strike 1994 U.S. Eagles. You'll find silver bullion in the American Eagle, Bars, Rounds, Mixed Lots, and Other Coins categories on eBay.
Start someone's bullion collection: Collectors often say that a gift started their collection. To introduce someone to the \"hobby of kings,\" select bullion to match their interests. For example, choose a silver bar created for Donald Duck's 45th birthday or a Looney Tunes set of silver coins with Bugs Bunny, Porky Pig, and Elmer Fudd.
Now that you have an idea of what your coins may be worth, it's time to decide where to sell them. Different types of coins have different markets. Your corner coin shop is probably not the ideal buyer for your $500 Morgan silver dollar, and a coin dealer with a fancy showroom and gold coins on display may not be the best place to sell Buffalo nickels.
The obvious place to sell your old coins is your local coin shop. They will be your best bet for selling low- to mid-range old coins like Wheat cents, Buffalo nickels, junk silver, and scarce silver coins and silver dollars.
Check online reviews and feedback for coin stores in your area, and choose a couple to visit. Look over their stock to see if they carry the same type of coins you're interested in selling. These dealers are more likely to want your coins and give you a fair price. Some dealers will note on their website which coins they are always interested in buying.
Online bullion and coin dealers are another option to explore when selling your coins. Especially suited for selling bullion and slabbed coins, large online coin dealers are always in the market for old gold and silver coins as well. The big online coin dealers buy a larger range of old coins and larger collections than brick and mortar coin shops.
These people do know how much your coins are worth, but will never tell you that. Many times, they succeed in buying someone's coins for less than the melt value. It should go without saying that you should never take your coins to one of these events. No one can claim that all \"hotel\" gold buyers are shady, but there are too many stories of people being taken advantage of to risk it.
So, don't spend those old silver coins just because they aren't rare! Nearly all coin shops buy 90% junk silver coins. Almost every pawn shop does as well. Since junk silver is sold as a commodity, this is one situation where pawn shops and coin shops are on an equal footing.
Junk silver is one type of coin that is easy to sell over the phone. Just call around and ask what they are paying for junk silver. Since junk silver is bought and sold for its metal content, there's no worry about missing out on a big payday (unless you didn't go through the coins looking for rare ones!)
One hint: unlike other silver bullion, junk silver is usually bought and sold measured in face value, but by weight. This is because back when money was silver, the amount of silver in coins was proportional to their face value. Five pre-1965 dimes have the same total silver content as two silver quarters or one pre-1965 silver half dollar. So, when you call to ask how much someone is paying for junk silver, they will give you a quote of $X \"per dollar face value\".
I do not know much about coins but do have a few that are with error or different, how do I know if they are worth something do I send the coin to be graded before I tried of selling it or do I just put it on ebay for sell
After World War I, the Pittman Act of 1918 authorized the melting of millions of previously minted silver dollars (primarily Morgan Dollars). However, the Act also required silver to be purchased in order to manufacture new silver coins to replace the melted ones.
No silver dollar coins were struck by the Mint and issued into circulation after 1935. The silver dollar drought almost ended in 1964, when new legislation allowed the Denver Mint to strike Peace Dollars. However, none were released to the public.
At the same time, legislation was also being worked to remove silver from coins because of the ongoing shortage. On July 23, 1965, President Johnson approved the Coinage Act of 1965, which removed silver from circulating coins and authorized that clad coins be used for the half dollar, quarter, and dime.
This year, the Mint brings those two famous designs back to collectors as a result of the 1921 Silver Dollar Coin Anniversary Act (Public Law 116-286). It requires the Secretary of the Treasury to mint and issue $1 silver coins in recognition of the 100th anniversary of completion of coinage of the Morgan Dollar and the 100th anniversary of commencement of coinage of the Peace Dollar. More information about these products will be available in the upcoming weeks on our website and social media channels. 59ce067264