For example, 400 silver quarters have a face value of $100. They contain just over 73 troy ounces of pure silver and at the current spot are worth about $3500. Seven times face value is only $700. Currently, Kitco is paying $30.60/1 for junk silver (90% silver US coins), but there are better deals. Call dealers and tell 'em what you have and ask what they'll pay.
Not sure if I asked before, but is there a good place to sell coins that doesn't rip you off? Last time I looked, the local place was offering seven times face value for silver coins.
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