Although it may seem easy to sell silver quarters, the prospect may be a little more challenging for someone who is entirely new to the precious metal coins scene. The reason is that silver quarters can be found in absolute vast variety and if you are not familiar with the many silver quarters in this market, you could be taken for a ride. There are benefits however to involving yourself in such a diverse investment bracket as buyers, sellers as well as coin collectors - with a bit of knowledge are able to take advantage of the many options.
We will look at the most suitable and popular silver quarters that are easy to get into even if you are an absolute newbie. Silver quarters start with the Draped Bust which came into circulation around the late 1790s. The demand for them has existed from this time and so they developed right until the modern era with proof versions of the Washington Quarter. Other silver quarters that you should pay attention to are as follows: the Capped Bust series from 1815 to 1838, the Seated Liberty series from 1838 to 1891, the Barber from 1892 to 1916, and the Standing liberty from 1916 until 1930.
There are two popular methods to consider when selling silver quarters. The first is to look at rare silver quarters and sell it per piece. Because coin collectors and buyers are constantly on the lookout for rare silver pieces, it would be extremely beneficial to know which coins command a higher demand in the market. As a rough guide you should try to look for Washington Quarters of the following mints: 1932D, 1932S, 1934 Double Die Obverse (DDO), 1935 and 1936 D, 1937-1939 D, 1940D, 1942D-DDO and 1942D-DDR (Reverse), 1943S-DDO, 1950 D/S and 1950 S/D over marks, and the 1955D among others. These coins are rarer than others and will sell for good prices when sold on a per piece basis.
The second method to cash in when you sell silver quarters is to transact in bulk. As a rule, coins that have 90% silver content or less are more attractive when bought or sold in bags, because the higher silver content per bag translates to bigger gains per transaction.
An important consideration when selling silver bags in quantity is the ever changing values of the silver spot price. It stands to reason that you would be willing to do your buying when the spot price is lower, and sell when it rises again. This will have a greater influence on the sale value of a silver quarters' bag than the printed face value of the bag. Paying close attention to the spot price will enable you to maximize your returns in this business.
Consider also the fact that it is often easier to sell smaller bags of silver quarters even if bigger bags may seem more profitable. Here is an example. A bag labeled as $1000 bag of silver quarters may be able to be sold for about $21,700, but you have to ask how many keen buyers would be willing to pay that sum. Working on the price of $30 per ounce of 90% grade silver in the bag of silver quarters, you would probably benefit more if you put together a $200 bag and sold it for about $4,300.
Lastly always take the time to research before venturing out to sell silver quarters. Your goal is to find the most suitable silver coin buyers based on how the spot pricing of silver performs.
Explore your options when you want to sell silver quarters. No doubt, the wide array of coins, transaction opportunities, and potential buyers will leave you confident of positive returns from your silver quarter investments.
We will look at the most suitable and popular silver quarters that are easy to get into even if you are an absolute newbie. Silver quarters start with the Draped Bust which came into circulation around the late 1790s. The demand for them has existed from this time and so they developed right until the modern era with proof versions of the Washington Quarter. Other silver quarters that you should pay attention to are as follows: the Capped Bust series from 1815 to 1838, the Seated Liberty series from 1838 to 1891, the Barber from 1892 to 1916, and the Standing liberty from 1916 until 1930.
There are two popular methods to consider when selling silver quarters. The first is to look at rare silver quarters and sell it per piece. Because coin collectors and buyers are constantly on the lookout for rare silver pieces, it would be extremely beneficial to know which coins command a higher demand in the market. As a rough guide you should try to look for Washington Quarters of the following mints: 1932D, 1932S, 1934 Double Die Obverse (DDO), 1935 and 1936 D, 1937-1939 D, 1940D, 1942D-DDO and 1942D-DDR (Reverse), 1943S-DDO, 1950 D/S and 1950 S/D over marks, and the 1955D among others. These coins are rarer than others and will sell for good prices when sold on a per piece basis.
The second method to cash in when you sell silver quarters is to transact in bulk. As a rule, coins that have 90% silver content or less are more attractive when bought or sold in bags, because the higher silver content per bag translates to bigger gains per transaction.
An important consideration when selling silver bags in quantity is the ever changing values of the silver spot price. It stands to reason that you would be willing to do your buying when the spot price is lower, and sell when it rises again. This will have a greater influence on the sale value of a silver quarters' bag than the printed face value of the bag. Paying close attention to the spot price will enable you to maximize your returns in this business.
Consider also the fact that it is often easier to sell smaller bags of silver quarters even if bigger bags may seem more profitable. Here is an example. A bag labeled as $1000 bag of silver quarters may be able to be sold for about $21,700, but you have to ask how many keen buyers would be willing to pay that sum. Working on the price of $30 per ounce of 90% grade silver in the bag of silver quarters, you would probably benefit more if you put together a $200 bag and sold it for about $4,300.
Lastly always take the time to research before venturing out to sell silver quarters. Your goal is to find the most suitable silver coin buyers based on how the spot pricing of silver performs.
Explore your options when you want to sell silver quarters. No doubt, the wide array of coins, transaction opportunities, and potential buyers will leave you confident of positive returns from your silver quarter investments.
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Want to find out more about to sell silver quarters, then visit Atlanta Gold and Coin Buyers' site on how to choose the best coin dealers for your needs.
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