90% bags
 

When trying to put together a bag of 90% silver to sell, does it matter if the coins are mixed? Or should we try to keep all the types seperate?

For example, should we mix the silver Kennedy quarters with the Standing Liberty and Barber quarters to make a bigger bag or keep them all separate and make smaller bags?

Re: 90% bags
 

mixed is fine.
you might get a premium when its time to sell if you have it separated into different types.

Re: 90% bags
 

Thanks!

Can we mix dimes and quarters and halves to make a $500 face bag or should the dimes, and halves be all seperate?

Re: 90% bags
 

Some people sell halves separately. The reason for this is that they tend to be circulated less, and therefore less worn than dimes and quarters. So there is a slight premium as you usually get more net silver. On Bulliondirect, they sell both $100 face 90% mixed bags, and $100 face 90% halves, and the halves go for more. Not all dealers separate them though, and I think you are fine either way.

Re: 90% bags
 

Thanks!

I think we'll separate them, the kids are having fun!

Re: 90% bags
 

"...should we mix the silver Kennedy quarters with..."

For God's sake NO! Each of your Kennedy quarters are worth at least 2-and-a-half bundles of money.

Sorry...couldn't pass this one up. :s9:

Re: 90% bags
 

Yeah, don't you just love the fact that the BAGS are IRS :thumb.aspx:reportable if you sell $1,000.00 bag of JUNK silver.

Re: 90% bags
 

Depends on who you sell them too. HH Mark

Re: 90% bags
 

Do not mix the Barber Halves.

Re: 90% bags
 

And no matter what you do, KEEP ALL SILVER DOLLARS (.7735) separate!

They have more silver than $1 face of any combination (.7234).


Maranatha,

:smile:

Re: 90% bags
 

Thanks that's good to know. I don't have many Morgan or Peace dollars. I did have a surprising amount of standing Liberty Quarters and Walking Halves but we did decide to separate out everything.

I found some Canandian Silver coins that I had forgot about, we separated those out to, of course.

Re: 90% bags
 

Be careful with the Canadian silver coins. Some are 80% and some are 50%. I don't have my cheat sheet with me but check on wikipedia for which is which.

Re: 90% bags
 

If you are going to sell them on eBay, then you should consider separating them into even more groups than just the face value of each. Suppose that there are three bidders who want only JFK halves, or only Franklin halves, or only older halves, and three bidders who want only the silver and don't care how old it is. By selling the different ages of halves all mixed together, you limit your buyers to the few that don't care about the age. The same situation applies to the quarters and dimes. My approach would be to separate the halves into piles for decades of the coin dates (i.e., 1930s, 1940s, 1950s, and 1960s), and to do the same for the quarters and the dimes. Then sell each group on eBay with the dates listed in each auction. My guess is that the people who want each type of coin will bid higher for that type, and the resulting total will be more than you would get from a mixture that could exclude specialty bidders.

You can also increase your profits by listing combined S&H like $3 or $5 per auction, with a $6 or $9 max for all wins. That creates a buying frenzy where everyone wants to win more than one auction to lower their S&H cost per win. :553:

Re: 90% bags
 

if you have a lot of coins, separate them.

Also make sure youre not including coins with numismatic value in the bags.

Re: 90% bags
 

Those are good ideas, Thanks!


I hadn't even thought that there could be value beyond the silver, these coins are definitely circulated. Some are so worn I can hardly read the dates.
I think we have an old redbook around here. I guess it couldn't hurt to flip through. Thanks for the suggestion.

Re: 90% bags
 

the pcgs website has a free price guide you can use to give you estimates on prices and its pretty easy to use.

Re: 90% bags
 

What types of coins you have? Barber anything should be checked out. Even if they're in "good" condition, a lot of them are valued above the bullion value.