Anybody knowledgeable on appraising Silver Dollar values?

[Chollo Vista]

I have over 28 Silver Dollars I'm trying to determine value for. They range from 1887 S, 1898 O, 1776-1976, 1971 (D), 1923 S, ect, etc.

I looked up the values online and found my most expensive one could be up to 3K and my cheapest could be $20.

All of them collectively are probably valued at roughly 10k or more. I have no idea if I'm short changing myself though.

How do you determine the asking price?

[GGG Gloveking]

It all depends on condition. You want mint or near mint. The finer the visible detail, the higher the value

[Chollo Vista]

It all depends on condition. You want mint or near mint. The finer the visible detail, the higher the value

When I collected sports cards as a kid, we went off beckett (forget the name of the book), is there a similar book for coins when appraising value that everyone respects?

[club fighter]

Pay for a licensed appraisal if you want to get the most for these pieces. Coins from the 70's and up won't be worth much but if the older ones are in decent condition the documented appraisal will be worth every penny.

[GGG Gloveking]

When I collected sports cards as a kid, we went off beckett (forget the name of the book), is there a similar book for coins when appraising value that everyone respects?

I know there used to be a standard guide, like Beckett for cards. Can't remember the name. Here is a link for something I found online.

[billeau2]

I have over 28 Silver Dollars I'm trying to determine value for. They range from 1887 S, 1898 O, 1776-1976, 1971 (D), 1923 S, ect, etc.

I looked up the values online and found my most expensive one could be up to 3K and my cheapest could be $20.

All of them collectively are probably valued at roughly 10k or more. I have no idea if I'm short changing myself though.

How do you determine the asking price?

Well... under most conditions, one would say "if you are near DC, go find a coin dealer." Unfortunately given the circumstances you might not find a dealer who is open. I would look for a local dealer in the area, and contact their web site, IF they had no hours.

Any bona fide dealer will be glad to appraise the value of your coins. Go to a "Numismatic" dealer, and not a pawn place, or a place that values precious metals like gold. DC is posh enough that they should have a few places around.

Condition is the real kicker when it comes to the value of any collectable. Comics, stamps, coins... If any of those coins are in mint, or good condition try to get proper covering to keep them such.

I personally would advice against looking at any guidebook unless you know what to look for regarding condition, etc. Condition is really important. Another very important consideration is the spot price of any precious metal, which changes considerably and might impact your value substantially. I believe for silver "Troy" is the name of the measure for content. The value of coin is twofold: the metal content and historical rarity.

[Chollo Vista]

Well... under most conditions, one would say "if you are near DC, go find a coin dealer." Unfortunately given the circumstances you might not find a dealer who is open. I would look for a local dealer in the area, and contact their web site, IF they had no hours.

Any bona fide dealer will be glad to appraise the value of your coins. Go to a "Numismatic" dealer, and not a pawn place, or a place that values precious metals like gold. DC is posh enough that they should have a few places around.

Condition is the real kicker when it comes to the value of any collectable. Comics, stamps, coins... If any of those coins are in mint, or good condition try to get proper covering to keep them such.

Great advice, Billeau2. I thought about going to a dealer, but wasn't sure who. Originally, I thought about a pawn shop, then I remembered how I've been ripped off by one of them years ago. I'll have to look into a "Numismatic" dealer. I don't know much about them.

When i was a kid, one of my friends had cartons and cartons of old comic books. No doubt they're worth thousands of dollars today, but when he got locked up, they just disappeared.

[Chollo Vista]

I know there used to be a standard guide, like Beckett for cards. Can't remember the name. Here is a link for something I found online.

Thanks GGG, I'm going to check it out

[billeau2]

Silver Prices

Chart of Silver Prices.

[VegasMichael]

You need to have them professionally graded by either PGCS or NGC before you do anything else. They will professionally package them with the year and grading on the case.