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![]() 1994 Mexico Silver Libertad Pure .999 Silver coin low mintage superb condition. US $40.00
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Pure Silver Coin - Kangaroo
Coin Value–How to Figure out the Price of the Silver You've Got
If you think that your coin collection isn't worth much because you don't have a ton of gold bullion coins,think again.There is plenty of money to be made from silver coins.Before you try to sell any of your coins, you have to look at exactly what you've got.Your silver coin value may be a whole lot higher than you think!
As you try to determine the coin value of your collection, there are two types of coins that you need to be on the lookout for:
Morgan Dollars
Mostly minted in the late 1800's and early 1900's, Morgan Dollars are some of the most popular silver dollars out there.These silver dollars were the first created after Congress passed an act that ended the free coining of silver.
Like other silver dollars, Morgan Dollars are fully backed by the U.S. government, so you will never have to worry about them losing their value.Plus, they come with a very high "fineness" rate–which means that they are made up of very pure silver.
But with Morgan Dollars,the true measure of their value comes from their popularity.Since they are so wildly popular with collectors,you probably will not have much trouble finding a buyer for yours, if you ever need one.Because of their purity and their historical significance, Morgan Dollars the perfect addition to any serious coin collection–meaning you can likely fetch a handsome price for one.
A Silver Dollar
Even if you do not have anything as unique as a Morgan Dollar, your silver dollar collection can still be quite valuable.Sure, a silver dollar is recognized in the U.S. as legal currency,but these coins are worth far more than $1.After all, with a silver dollar, there is a certain historical significance.Some of these coins were minted as early as the 1700's! To a history buff, your silver dollars could be very valuable.
A silver dollar collection can also be quite valuable because it attracts all sorts of collectors.When you are dealing with gold bullion, there are few people that can actually afford to buy it.If you ever needed to sell off a gold bullion coin collection,you would probably find that there is not that big of a market for it.But since silver is cheaper than gold, your silver dollar collection is a real possibility for far more buyers.
About the Author
Richard A. Manfredi has written about www.goldeneaglecoin.com.Specializes in buying, selling and appraising all U.S. and world currency and coin values, including silver dollars and proof mint sets.
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Frequently Asked Questions...
how could you determine that a coin is not pure silver?
HLP PLZ
Answer:
Look up the density of silver.
Then fill a measuring cup (graduated cylinder would be better, it's more accurate) look at the water level. Then drop the coin into the cup and look at the new water level. The difference is equal to the volume of the coin.
Then use a balance to find the mass of the coin.
You need to convert your mass and volume into the units of the density you found. Usually the density will be given in kg / m^3. in that case you need your mass in kilograms and your volume in meters cubed.
So, once you've gotten that data and you have it in the correct units, simply divide the mass you measured and the volume you measured and it should be equal to the density of silver that you looked up. If it is different then the coin is not pure silver.





































































