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Re: What Is The Weight & Value Please???

Fred, there are a number of variables to your question. An older strike, one with the .999 on the brass rim will have approx .59 - .60 of silver content in the insert. Newer strikes having the .999 on the silver insert will vary in weight content from .50 up to .60 depending on when it was made for the casino. Once you know the ammt. of silver content then the math is easy. Silver at say $33.00 per ounce then take that times .60 or .50 and you will get the melt value. Having the melt value is nice to know however getting that from a coin store or other place is not going to happen. Generally you will get anywhere from $1 to $4 back of actual silver value. A coin store I deal with back east pays $13.50 per strike and a coin store I deal with here pays $13.00. Each store has to sell the strikes either to a strike collector or the smelter. Profit for them means you will not get silver value. If you have strikes for sale the best place to start off is here with pictures/scans. Or eBay but as you know there are fees there.

Dennis

Messages In This Thread

What Is The Weight & Value Please???
Re: What Is The Weight & Value Please???
Thanks Dennis-Very Helpful
Re: What Is The Weight & Value Please???
Thanks Archie

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