Selling Old Silver Dollar Coins For Money
Posted April 5th, 2010 byCategories: Jewelry
While out jogging this morning, I saw a big sign on the front of the jewelry store. It said that they were buying and selling silver coins and jewelry. I guess that any person would be smart enough to assume that they were selling silver jewelry but I never think about them buying it.
I have a small coin collection that I think has some silver in it. If I were to sell old silver dollar coins from it, then it would not be complete but since it is pretty much just sitting in the back of the closet, it is really serving no purpose. I have tried to sell old silver dollar coins from it before and I was always told that they were really not worth much. But I guess that they are worth more by melting them down and making new jewelry which is why the jewelry store wants them.
The people that I have tried to sell to before were all coin dealers and they would never think about melting the coins down, they would just want to add them to their collections. I can only assume that since they did not want to buy them, they already have enough.