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- - Sterling, .800 and other silver contents (http://goldismoney.info/forums/showthread.php?t=133372)

silverwood | 05-03-2007 08:50 PM
Sterling, .800 and other silver contents OK gang, its spring cleaning time in the coin collection. I've decided to sell off various silver coins, non-US of varing silver content. For example I have some Bahamas and Jamaican and other country sterling(.925) silver coins also some of these same countries had .800 fine for their circualting coins. My question is what % of spot is reasonable for these coins to bring? To clarify let say I have 1972 $5 Bahamian silver coin. This coin was minted by the franklin mint in sterling and has ASW of 1.253 ounces pure silver. Now I see silver is trading at $13.39 so melt value is $16.77. Would you pay $16 for it?(assuming the coin is in pretty much unc condition):dontknow:

highroller4321 | 05-04-2007 01:44 AM
Re: Sterling, .800 and other silver contents You probably would end up paying a little more for it and then getting a little less then melt when you sell it. The dealers i deal with dont like that stuff because if they sell it to melt they get higher fees because its unpure

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