Where Can I Buy Silver Quarters?
Saturday, July 23rd, 2011So you’re interested in where you can buy silver quarters?! Over the years, the US has issued literally billions of silver quarters.
As an investment option, coins are a safe way to go as the value of silver quarters will always remain the same regardless of the value of its actual silver content.
Before You Buy Silver Quarters
There are several factors you’ll need to consider before purchasing coins, and these are similar to conditions for any commodity. The age and condition of silver quarters can greatly raise or diminish their numismatic worth. Plus, the demand and supply of the rarer coins can be a big factor. It should be noted that it is the year that some of the silver quarters were minted or issued that is of import, not their age.
That said, the condition of the coin is of great importance as wear can and does have the potential to lower it’s value. The coins from 1932-1964 are generally the most prized for people interested solely in acquiring the maximum amount of silver for the best price, due to their silver content and other factors as mentioned above.
When reasonably confident that one can spot a fake or gauge the value of a coin, the next step would be to actually go buy the quarters themselves. There are many places where you may obtain these coins: retail shops, online shops or even estate sales.
Where To Buy Silver Quarters
Online auction sites
- At online sites such as eBay and off2auction, you can find offers for all types of silver coins. Proofs, circulated and un-circulated silver quarters in all types of conditions are sold either singly or in bulk in form of bags of coins. The added advantage of purchasing from such auction sites is that you have the potential of buying at a lower price depending on how competitive the bidding is. The free shipping offered on many options is another potential benefit. However, you have to be careful when making such a purchase to avoid falling prey to scammers.
Dealers
- Dealers such as Amergold, Monex and Northwest Territorial Mint offer pre-1965 U.S. silver coins. They usually offers $1000 face value bags of U.S. silver quarters with the added guarantee that no one would be buying said coins at less than their face value so even if the silver price falls (it would have to fall considerably) you still have the face value worth $1000 in a single bag. This also allows you to buy silver quarters at a price lower than other forms of silver. They have the added option of shipping your purchases in sealed bags for additional security. They offer ways you can buy silver quarters and other coins online too.
Coin shops online
- These sites offer bulk purchasing of silver quarters. The advantage of this is that you may find a truly valuable coin among the collection as they were initially purchased at estate sales. This means that there is a good chance of buying a coin at its face value then selling it for far more.
Flea markets and yard sales
- These are good places for attempting to obtain really rare coins. Many families have stashes of coins, hoarded up over the years and passed down through generations. The chance of picking up a truly valuable coin for a very low price is high since many seller’s may not be informed of what they are selling or there may not be time for buyers to examine the items fully to judge the value. The disadvantage of this is going a long way only to be disappointed.
The Numismatic Guaranty Corporation (NGC) offers a list of authorized dealers where one may buy silver quarters (and obtain other coins of all types too), including silver, dimes and especially rare silver quarters.
It offers a list of coin dealers by state and can go a long way towards identifying a retail shop nearby. Other coin site directories, such as Coin Resource, also offer information on good places to buy silver quarters.