Selling "junk silver" coins on Ebay

[I Shrugged]

OK I changed the subject here.

I see people selling small quantities of 90% silver (pre-65) coins on Ebay.  Has anyone bought or sold silver coins on ebay?  I am a veteran ebay seller but never with coins.  The prices I'm seeing don't appear to be particularly good for the sellers.  I'll need to get the calculator; maybe I'm wrong about that.

[WildAboutHarry]

I have bought and sold junk silver on Ebay, but not for a few years.

My recollection is that US junk goes for a good bit above spot, Canadian a bit lower, and others a bit lower still.

A quick, non-scientific survey of the bay shows a roll (20) of 1964 Kennedy Half Dollars recently sold for $151 (with free shipping), or over $7 each.  The auction started at $9.00.  Another Kennedy half auction for five coins closed for $36.00 (bidding started at $9.99) plus $2.54 shipping.  So about $6.50 each.

A roll of circulated 90% silver quarters went for $145.95 or about $3.65 each. 

Coinflation shows 90% half dollars at about $5.14 each.  Quarters about $2.57 each.

Not bad, I think.  So if you deduct out all the fees, sellers are getting probably closer to spot, and buyers are buying above spot.  Normal bid-ask spread type stuff.

[I Shrugged]

Thanks.  The more I looked, the more I saw I had some homework to do. I discovered some of the lots contained a good share of war nickels, which are 35% (IIRC) silver instead of 90% silver of the other coins.  The ones that are just dimes, quarters, and halves seem to be good strong prices for the sellers.

[drumminj]

Why buy junk silver when you can buy silver bullets?

http://www.apmex.com/category/73323/apm ... er-bullets

(just saw this and had to share!)

[Libertarian666]

Why buy junk silver when you can buy silver bullets?

http://www.apmex.com/category/73323/apm ... er-bullets

(just saw this and had to share!)

But if you can't fire them, how will they work against werewolves?

[drumminj]

But if you can't fire them, how will they work against werewolves?

Pound them in with a hammer/rubber mallet?

I have to admit I was a bit disappointed when I realized I couldn't actually fire it out of my .308 rifle.  Far less attractive 

[Tortoise]

Two words: silver buckshot.

You can shoot just about anything out of a shotgun.

[Mark Leavy]

Why buy junk silver when you can buy silver bullets?

http://www.apmex.com/category/73323/apm ... er-bullets

(just saw this and had to share!)

I walked into the store and saw this in the display case earlier this year.  Did a serious double take.  I almost bought one for my witch girlfriend.