Silver Proofs

Why do coin shops buy only at weight-level-worth for silver coins?
I’d bought a collectible Lewis & Clark Comemorative silver proof coin from the US Mint a few years ago.
Recently, I took it down to the local coin shop curious to see what it might be worth.
The dealer there weighed it, and offered me the amount silver was selling for at the time.
When I told him I’d bought it for slightly more than what he was offering, he said they buy only at the weight value, but would not explain further.
Any collectors out there who’d be able to help me with this?
If you are talking about the 2004 Lewis & Clark commemorative $1, then consider the following:
I assume you left it in the original plastic capsule. Removing US commemorative silver coins from the capsules is a huge no-no.
It also makes a difference whether you still have the original box and Certificate of Authenticity. (Not much difference in price between proof and uncirculated coins).
If you did all that, then your coin should go for between $25 and $30 on eBay.
Current silver value is .77 ounces * about $14/ounce or $10.78, which is low for that coin unless it has problems.The dealer shouldn’t have had to weigh it – all US silver dollars are precisely the same weight.
Added later: The questioner has informed me that the coin is indeed in the original capsule and he does have the box of issue and COA. Since this is the case, he is simply getting a very low offer from the dealer. I don’t know offhand what Green Sheet buy is for that coin, but I would guess at least $18. If this dealer is offering $12 or less, he is trying to rip you off.
Chinese Silver Panda Proofs
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1990 UNITED STATES MINT PRESTIGE PROOF SET ~ NO RESERVE! $14.99 |
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2006-S Proof Nevada Silver State Quarter – NGC PF70! $65.00 |
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1969,US Proof Set,Silver Kennedy,US Mint,Gift,Rare,Birth Year,Nice,Free Shipping $9.99 |
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1993 S Gem Proof Deep Cameo 90% Silver Roosevelt Dime Free Shipping on All Items $5.73 |
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**Stunning** 1878-S *PROOF-LIKE* Morgan Silver Dollar $85.00 |
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1998-S UNITED STATES PREMIER SILVER PROOF SET $25.00 |
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1963 Franklin Half Dollar Proof 90% Silver NICE!!!! $18.00 |
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1963 Franklin Half Dollar Proof 90% Silver $18.00 |
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1962 Franklin Half Dollar Proof NICE!!!! 90% Silver $18.00 |
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1960 Dime Proof Coin 90% Silver $4.00 |
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1960 Quarter Proof 90% Silver $7.00 |
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1962 Franklin Half Dollar Proof NICE!!!!! 90% Silver $18.00 |
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1993-S UNITED STATES PREMIER SILVER PROOF SET $25.00 |
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1992-S UNITED STATES PREMIER SILVER PROOF SET $25.00 |
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1976-S 40% Silver Bicentennial Cameo Proof $1.99 |
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1963 PCGS PR67CAM CAMEO Washington Quarter 25 Cents SILVER PROOF 8211 $49.99 |
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2009 US MINT 1 oz SILVER Abraham Lincoln Commemorative PROOF Dollar Coin w/ COA $50.00 |
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2006 San Francisco Old Mint Commemorative Coin Program Silver Dollar Proof $45.00 |
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1963 PCGS PR66CAM CAMEO Washington Quarter 25 Cents SILVER PROOF 7823 $32.99 |
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1963 PCGS PR68DCAM DEEP CAMEO Washington Quarter 25 Cents SILVER PROOF 1115 $114.99 |
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1963 Gem Proof Franklin 90% Silver Half Dollar US Coin-Lot #H63 $0.99 |
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1963 SILVER PROOF SET IN ORIGINAL ENVELOPE WITH COA $15.00 |
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1881-S Morgan Silver Dollar DM Proof Like BU Mint State Uncirculated MS US Coin $109.00 |
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1993 Jefferson Silver Coin & Currency US Mint Set $2 Note Matte Proof Nickel $75.00 |
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1987 Constitution Silver & Gold 4 Coins in Mahogany Box $1 & $5 Proof & BU Set $1,025.00 |
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2010 & 2011 & 2012 SILVER PROOF PARK QUARTERS & DISPLAY BOX $149.95 |
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1963 Gem Proof 90% Silver Washington Quarter US Coin-Lot #Q63 $0.99 |
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PL 1890 S MORGAN SILVER DOLLAR SUPER AAA +++ ★ PROOF LK / MS BU / US Coin $125.00 |
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1968-S Kennedy Half Dollars Proof–40% Silver “Low Mintage- Shiny Coin” $4.00 |
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8 Mile $4.82 Rap star Eminem makes a strong movie debut in 8 Mile, an urban drama that makes a fairly standard plot fly through its gritty attention to detail. Jimmy Smith (Eminem), nicknamed B Rabbit, can’t pull himself together to take the next step with his career–or with his life. Angry about his alcoholic mother (Kim Basinger) and worried about his little sister, Rabbit lets out his feelings with tw… |
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8 Mile [VHS] Rap star Eminem makes a strong movie debut in 8 Mile, an urban drama that makes a fairly standard plot fly through its gritty attention to detail. Jimmy Smith (Eminem), nicknamed B Rabbit, can’t pull himself together to take the next step with his career–or with his life. Angry about his alcoholic mother (Kim Basinger) and worried about his little sister, Rabbit lets out his feelings with tw… |
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God, Reason and Theistic Proofs $26 “Attempting to prove the existence of God is an ancient and venerable tradition within the discipline known as the philosophy of religion. But can we truly prove the existence of God using human reason alone? Just how do we prove the existence of God? Why try? Which, if any, of the various theistic proofs are persuasive? God, Reason, and Theistic Proofs tackles these fundamental questions head-on.Stephen T. Davis examines a cross-section of theistic proofs that have been offered by theologians and thinkers from Anselm to Paley, explaining in clear terms what theistic proofs are and what they try to accomplish. He then goes on to explore in depth the relationship between theistic proofs and religious realism, the ontological argument for the existence of God, the cosmological and teleological arguments, the position known as foundationalism, and the argument from religious experience.Wisely structured and clearly written, this volume will make an excellent resource for those looking for a comprehensive introduction to the debate surrounding the existence of God, or for those seeking intellectual validation for their faith.” |
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