Is it 100 oz of coins? For the most part, dealers weigh the coins and use whatever percentage they feel is appropriate for silver content. You need to sort out 40%halves as well as the foreign coins as their silver content is different.
Originally Posted by SilverChris
For example. 100 ounces of just us junk coins is worth about $2,319 at 30 an ounce. Based on that, you are looking at about 76 to 77 ounces of .999 generic bars or rounds in trade. Dealers still need to make their small margin, they do not work for free.
My post and comments are for entertainment purposes only, they reflect my opinion and are not recommended for trading purposes. I am not an investment adviser and information obtained here should not be taken for professional investment advice.
Your own due diligence is recommended before buying or selling any investments, securities, or precious metals.
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