Baby Boomer Pocket Change » silver http://babyboomerpocketchange.rayhorner.com A Baby Boomers' Coin Journey Thu, 12 Aug 2010 03:25:29 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Some Folks Just Want the Metal From The Coins http://babyboomerpocketchange.rayhorner.com/some-folks-just-want-the-metal-from-the-coins/ http://babyboomerpocketchange.rayhorner.com/some-folks-just-want-the-metal-from-the-coins/#comments Mon, 09 Nov 2009 18:16:37 +0000 admin http://babyboomerpocketchange.rayhorner.com/?p=222 I have discovered that some folks just want to potential or current metal from coins. They do not collect them to pass down to their grandchildren. But they collect them for a short time then flip them for the value of the metal in the coins.

For example, today silver is at 17.56 an ounce and gold is 1108 an ounce. Now, if you had coins with silver or real gold and it does not have an error or is not a rare coin then you can sell if for the value of the metal. Ok, I know that was a really long sentence but you get the point.

So, check your coins for silver content. If you have gold coins check them also for the amount of gold and the price you can get. Now, note that you will NOT get the full  value of the spot price for gold. There are other considerations like the amount of gold, etc. But just know that if you have any coins with metal value and you need the money you can get to a coin dealer YOU TRUST for advice.

Also, if you want  to know what the value of silver and gold you can check out Kitco.

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