To calculate a coin's base price, or silver value, you need to know how many ounces of the precious metal it contains. Heavily circulated common date IHCs at $8 or $10 each, and Liberty Walking half dollars for $20 each. Gold & Silver coins and medallions from the US and beyond, Free US Shipping! Another Way to Sell Silver at Spot is to Find Silver with a Little Numismatic Appeal. The pawn shops would pay apx half of that. Selling the FS70's pretty much paid for the box/grading and the rest was gravy. Q: How much do you pay for gold and silver? Then you can compare its silver value with a coin dealer's price to know how much of a premium you would pay for the coin. Use this online pawn calculator to find out how much you can get for your jewelry, tools, phone and tablets, sports accessories, TV and audio equipment, computers, cameras, electronics, video games, music, household and other items. Some pawn shops also charge additional fees to pay for things like storage, insurance or renewing the loan for a new term. Don't take them to a pawn shop, don't take them to a "Cash 4 Gold" type of store (unless they are Cull), and for heavens sake..don't spend them at face value. In the end it was to much work for one man so I gave it up but for stores with a couple employees who order 8-10 boxes each year. Your all set if you have silver with high numismatic value (like one of these Top 10 silver coins to buy). We buy and offer collateral loans on gold & silver bullion, rare coins, paper money, diamonds, high-end watches and other precious metals Get A Loan | Sell Your Jewelry | How It Works Best Pawn Shops in Denver, Colorado Once again slabbed 69's or 70's may do better. The more you buy in bulk the lower the premiums come. Silver coins can also be sold to pawn shops, silver exchanges, and online silver buyers, each of which will give you cash in exchange for your coins (based on the weight of the coin) and then proceed to melt them down. I guess I don't see your dilemma here. A: The price of gold and silver fluctuates by the minute. 0 0. Just one example: I had a pair of heavy sterling–silver earrings.. AT A PRICE BASED ON THEIR FUCKING WEIGHT, NOW WOULD I ?? “Greg at Seacoast Coin & Jewelry is honest, fair, and knows coin values like the back of his hand. Sell Silver Coins, Bars or Rounds; Sell Sterling Silver; Sell Broken and Scrap . If someone comes to my company to sell us 20 Krugerrands, 10 Gold Maple Leafs, $500.00 face value of US 90% Silver Coin, and 700 ounces of pure Silver Ingots, we don’t need to submit any paperwork to the IRS. A: No, we do not. Buying silver coins individually you will be paying the most for a single silver coin, as a lot of labor & skill go into the making the coin from mining the metal to striking. A: Yes! Our guide explains everything from how much pawn shops currently pay for gold to the steps you’ll need to follow to get the best possible deal. After you read this article use our site to manage your coin collection. Use our free calculators to get the current scrap or melt value of gold, silver, sterling silverware, platinum or palladium. They have friendly, knowledgeable staff, a beautiful shop and competitive prices. Usually, for actual junk silver they'll pay a few % back of spot, depending of course on quantity, the amount of drama associated with the transaction, availability of buyers, their current cash flow situation, etc. he said all three are silver and the 1 ounce coin is 100% silver. Let me first tell you what not to do. Please click "OK" to Accept Cookies to continue to use the site. If you have quality items, such as sterling jewelry, firearms, or a nice watch, visiting a pawn shop could be the right choice for you. Pawn shops don’t buy large amounts of gold. A dealer knows they can get a much higher price for rarer coins, and thus will not blink at buying such an item off you at spot price. Pawn shops aren't gonna give you 100% value anyway. They represent the "gold standard" in coin shops. Do you want to know how much you can pawn off your stuff for? The result of defining reportable transactions so narrowly is that relatively few 1099-B forms ever need to be submitted. Price the gold and silver at a coin shop, then go to the pawn shop. Q: Do you pay cash for gold? I have had bad experiences at pawn shops with coins. Don't expect to get much money for it though, unless in absolute perfect condition it sells for silver melt, retail about $2, so even the most reputable coin shop will only pay you $1.50-1.75 for … It could pay the mortgage. Other shops will just toss how much you ask for on the counter and you can take it or leave it. Just the same, it’s senseless to accept $10.00 for a $100.00 coin when all you had to do is take 5 seconds to look up some info on the Internet beforehand. To know how much you should pay for silver bullion over spot silver prices, you will need to consider many factors.. We will dig into silver bullion premiums versus spot silver prices here. Pawn shops are great because you get paid on the spot, but you won't get a good price for your silver unless it's super valuable. For most circulated silver, multiply 0.715 x face value to get ounces. Modern commemoratives, I'm assuming US commems, are common and slow moving don't be surprised if you are offered melt value. If you do not have a serious amount of time invested in us silver coins it’s easy to be taken advantage of, it happened to me we I took some low mintage mercury dimes to a local dealer-After about 30 days of intense learning everything possible regarding coins ..my modest $400.0 sale should have been closer to ten grand, Yeh his shop is B.B.B.,NGC …stickers on their … And pawn shops can be a little sketchy. Here's what was in TBL's precious-metals bag: two Eagle gold-bullion coins (.25 ounces and .10 ounces) and a 13.2-ounce sterling silver Tiffany Clover Bowl. Even if it's not 100% silver, and only 999 fine, how much difference would it make - a buck or two?? How Much Do Pawn Shops Pay For Your Stuff? So you might have a good idea. Legal actions against pawn shops aren’t exactly rare — the Consumer Financial Protection Bureau has taken action against a number of pawn brokers, alleging they were dishonest about the annual … They need to flip it, and make a profit. As much as they are willing to pay ... You can sell these online on eBay or at your local coin or pawn shop. Another reason pawn shops pay less is that a pawn shop’s customer base is limited to its neighborhood or the city where it operates, while reDollar.com is able to reach people from New York to Alaska, making it possible to handle thousands of gold transactions. They don't want the coin for themselves. How much do pawn shops pay for gold? Every pawn and gold buying store in your area will offer a different amount for your gold. US coins minted prior to 1965 contain 90% silver except pennies, nickels and of course, gold coins; not to mention an odd few others such as 2 cent pieces and 3 cent nickels. Find out how much pawn shops will lend you for jewelry, tools, electronics, computers, appliances, game consoles, music instruments even … Silver: Some pawn shops will buy silver, whether it’s sterling silver jewelry or silver coins. Slabbed bullion unless they are 70's will probably be treated like raw coins. Please click "OK" to Accept Cookies to continue to use the site. Most cities have pawn shops, making them a popular choice for selling silver. Investors buy them to hedge against inflation, and their investments paid off at the start of the 21st century due to rapid increases in the value of silver. I owned pawn stores for 35 years, now I own a gold buying store. Available on Amazon-Please Click the Picture to Check the Price If You Like it Pawnshop jewelry prices vary widely and depend on certain factors, such as weight, karat, the availability of the market, and the pawn shop’s discretion. The same is true at estate sales or garage sales. First things first you need to find out how much your coins are worth. A local coin shop will almost always pay more – usually MUCH more – for your coins and gold or silver jewelry than the other places. Q: Do you take jewelry on consignment? Silver coins are popular investments among coin collectors and speculators. How much do pawn shops pay for GOLD. etc. The amount you can get for your silver depends on the fineness, weight, and market value of the piece. Half dollars from 1965 – 1970 contain 40% silver. Gold or silver eagles maybe slightly more but not much. Know that the correct answer will depend upon your objectives mostly. Jewelry is a little more problematic since you don't have a test kit with you and you can't completely trust any "marks" on the jewelry. Moreover, Gold and Silver Pawn Shop has become a tourist destination in its own right, with fans of the show flocking there to buy, sell, and occasionally just to see what’s going on inside. How to sell silver coins. We’ve also listed alternatives to selling your gold jewelry to a pawn shop, including selling gold jewelry online. Some pawn shops will also sell junk silver. We watch the market, take into consideration the karat and value of the stones before we can make a valid offer. Pay a visit to Rocky's Pawn Shop and get cash in minutes for silver items you own.. We pay competitive prices; We pay on the spot; We buy or loan on silver in. At the local pawn shop, common date cleaned/damaged/worn Morgans are for sale at $35. I seem to recall that I averaged about 80-90 FSMS70's and about 180-200 FSMS69's per box each year. Most silver coins contain 90% silver. From $1000 Face Value bags to $10 Face Value lots.. Premiums are usually between $3 – $5 for 1 silver eagle. The cookie settings on this website are set to 'allow all cookies' to give you the very best experience. Watches: While pawn shops will not buy cheap, common watches, they will generally pay cash for high-end or designer watches. Central Mega Pawn a local Pawn Shopin the city of Ontario California provindes cash loans on items of value and is also a Jewlery Store, A Buyer and seller of Gold and SilverUpland,Chino,Chino Hills,Rancho Cucamonga Pomona Claremont ,Montclair and San Dimas Ca, We offer quick and easy loans for when you need cash fast we also buy and sell gold, silver, coins… Chumlee & Pinky pressed coins as seen on "Pawn Stars" The cookie settings on this website are set to 'allow all cookies' to give you the very best experience. It will depend both on both the item and the individual business buyer. How Much Do Pawn Shops Pay for Gold in July 2020? My favorite local coin shop is Heartland Coin Gallery in Wichita, KS. If you just walk in and ask a coin dealer how much they’ll give you for your coin, they could end up giving you $5.00 for a coin that’s worth $100.00 — and you wouldn’t know the difference. At a coin shop is Heartland coin Gallery in Wichita, KS you what not to do, knows... 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