The savings you earn buying larger quantities of junk silver coins will potentially help you reap a slightly higher return on your investment when you sell your silver coins. Buying and selling junk silver coins is always a gamble, but perhaps you may get lucky and score a slightly better deal at one point in the day than another.īuy coins in bulk quantities – It’s a buy-in-bulk world these days, and you’ll notice that you could save a substantial sum of money if your buy your junk silver coins in bulk. If you’re about to buy or sell junk silver coins, check out the silver activity and see if you can spot any trends. Of course, this is not always how silver prices cycle throughout the trading day. For example, during one recent week, silver had a tendency to trade low during the 6 AM to 9 AM period, then it spiked around noon, and closed on a downward trend. Get a feel for the high-low silver price cycles – Every bullion trading day is different, but during some streaks, you may notice that silver trades lower at certain times of the day and higher at other periods. Other junk silver coins, including Morgan and Peace silver dollars, have much higher premiums since they are somewhat scarcer than the newer silver coins. However, among typical junk silver coins, the “cheapest” are usually 1946-1964 Roosevelt dimes, 1932-1964 Washington quarters, and 1964 Kennedy half dollars. But there are a few other factors to consider when you want to sell junk silver coins:īuy newer junk silver coins – Junk silver coins usually have a slightly higher premium over their intrinsic value than bullion silver coins like American silver eagles or silver art bars. The trick, usually, is in the timing when to sell junk silver coins. Investing in bullion can be very profitable if you buy silver coins when prices are low and sell silver once it reaches a point where you can earn a decent percentage over what you spent to buy your coins. If you want to sell junk silver coins but aren’t sure how to get the biggest return on your investment, then the Coin Values team has some advice that may help you score a better payout.
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