Coin Collecting

How to Make Customized Silver Coins

There are many reasons why someone would want to make customized silver coins. Custom bullion has long been a fantastic option for gifts. During this holiday season, bullion enthusiasts all over the world will be buying customized precious metal coins, bars, and other items for their friends and loved ones.

Gifting is not the only reason to buy customized silver coins, either. Some business owners choose to market their company or cause using customized silver coins, like these Donald Trump coins minted with 999 fine silver. They can also help to commemorate special events in the lives of people, clubs and companies close to us.

Event coins are particularly popular. These coins are minted specifically to celebrate a given event, such as a graduation, the opening of a business, or an important anniversary.

Regardless of the reason, personalized silver coins are always a welcome way to celebrate or commemorate. Whether these coins are struck with gold, silver, or platinum, a one-of-a-kind bullion coin is unmatched when it comes to uniqueness and appearance. It’s hard to match the feel of a completely unique coin or medallion minted to your own specifications.

But having customized silver coins minted to order is harder than it looks! Personalized coins come in many forms, and different methods used throughout the design and minting process can dramatically impact the final product. No need to fear, though! Hero Bullion is here with a comprehensive guide to everything you need to know about how to make customized silver coins.

Whether you’re buying a simple coin with custom text engraving as a personalized gift or you’re looking to celebrate special occasions with a unique line of limited edition coins, we’ve got you covered.

Custom Silver Coins

Why Make a Customized Silver Coin?

Like we explained in the introduction, there are many different reasons why someone might want to create a completely unique silver, gold, or platinum coin. Generally, these coins are used to commemorate or celebrate some kind of event or milestone. Some races and other competitions offer minted coins to celebrate the event. Many companies give custom coins to their employees following major promotions or career milestones.

During this part of the year, one exceedingly popular use for customized silver coins is as a gift. Although the process is often expensive, few gifts are quite as memorable as a personalized coin. If you’re looking to absolutely wow someone during Secret Santa this year, look no further than the custom silver coin minting process.

Be warned: completely personalized silver coins are often very pricey because there are many steps in the process. Some mints will only do custom design orders on coins with a certain weight, which can get expensive. But even with smaller denominational coins, the process of designing, engraving, and individually minting a silver coin is relatively labor-intensive. This price is passed onto the consumer, making custom coin design a high-end process in the bullion sector.

A solid alternative for people who want a cheaper gift that still has the personalized feel of a customized coin is to look for companies that do custom engraving. This means that the coin itself will be pre-designed, but you can pay a bit extra and have a name, year, or some other message engraved into the bullion. This is often far cheaper than having completely customized silver coins made, as the cost of pressing a new design onto the coin is taken out of the equation.

Old Versus New School: Designing Silver Coins

The way we see it, there are basically two existing schools when it comes to the customized bullion coin design process. This is important; the method you choose for designing and minting your personalized precious metal coin or bar can impact everything from the appearance of the final product to the total price paid for the piece.

Newer methods of custom coin minting rely primarily on newer technologies, such as digital sculpting programs. These programs still require an artistic professional to oversee the design’s transition into a work of art. However, these newer technologies promise to speed up the process of unique coin minting, and they can also cut down on costs.

Some mints and artists prefer to do things the old-school way. Before the advent of new programs for digital sculpting, creating new coins from scratch involved working more closely with a sculptor. After rendering the initial design with the help of an artist, consumers would mail their design off to the sculptor, who would create a plaster mold using it.

Once the design part of the process has finished, both paths become much more similar. There are a few key differences between approaches to striking the design into an actual bullion coin, and we’ll outline those below.

Which is Better?

But when it comes to choosing the older or newer method of designing coins, there are advantages and disadvantages to each approach.

A few of the upsides to working directly with an old school sculptor:

  • Personalized touch.
  • Analog feel for a unique look.
  • Generally higher relief.

A growing number of people in the bullion community are turning away from the old method and toward more digitized processes. Here are a few of the main advantages of going with new models of custom coin creation:

  • Often cheaper total cost.
  • Speedier process.
  • Very few imperfections.

For the most part, this just comes down to personal preference. Some people love the feel and appearance of classically designed silver coins. Working directly with a sculptor allows you to tap into that artist’s skill set and develop a unique and beautiful piece. The analog feel of coins sculpted this way is also fantastic, and these coins can often be struck with more texture than modern digital sculpting processes allow for.

How to Make Customized Silver Coins

The obvious advantages to making customized silver coins using new technologies are its speed and cost-efficiency. Because these methods require less physical labor from a sculptor, consumers on a time crunch might tend to go with the new school of custom coin minting. People who aren’t big fans of small imperfections might prefer the digital, almost automated design process used by many contemporary mints.

Best Places to Buy Customized Silver Coins

There’s no shortage of places on the internet that offer to help people mint their own completely customized silver coins. Just a couple of considerations might make it easier for you to figure out which collectible coin company or mint is right for your special gift or project.

To start, getting a good idea of what a mint’s previous works look like. Generally, a mint or bullion distributor offering customized silver coins will have a gallery or portfolio where potential customers can look through the projects the company has completed in the past.

Try to get a good idea of what you like to see in customized coins. How much relief do you like? Do you prefer a specific kind of design on the edges of your coins? Starting with a comprehensive understanding of your project before searching for a mint capable of executing your ideal vision.

There are many different mints currently taking on customized silver coin projects. A few popular options include:

  • Golden State Mint
  • Intaglio Mint
  • Cut Saw Mint

Custom Coin Artists

If you’re willing to pay a little bit more, working directly with a reputed artist is also a fantastic way to mint personalized silver or gold coins. The big upside to seeking out an individual artist is that you’re sure to know exactly what you’re in for. Some of the best bullion sculptors in the United States have worked directly with the biggest mints, including the U.S. Mint itself. Their reputation precedes them, and you won’t have to look far to find brilliant examples of their work.

A few big names among the custom coin sculpting community:

  • Heidi Wastweet
  • Thomas S. Cleveland
  • Tom Rogers

This certainly isn’t a comprehensive list. The U.S. Mint has worked with a number of brilliant sculptors who have helped to pioneer memorable United States bullion designs over the past century. It also might be possible for you to work with leading artists outside of the United States.

Artists have a way of establishing a reputation for themselves. While mints are respected for their longevity and government backing, artists are known for the quality of their designs and the perfection of their sculptures. An artist’s portfolio provides a kind of guarantee concerning the quality and type of work they’re able to make for you.

As we said, this option comes with its own additional costs. But if you’re looking to create a coin with lasting value as a work of art, rather than just a store of silver bullion, commissioning a seasoned artist in the field is a great choice.

Start searching around to find artists whose work closely matches the vision you have for your custom coins!

Frequently Asked Questions About Customized Silver Coins

The custom silver coin design process is certainly a unique one. We’re here to answer some of the most commonly asked questions bullion collectors have about making customized silver coins.

Q: How much do customized silver coins cost?

A: This depends on several factors. Personalized coins will certainly cost more than the silver content of the pieces is worth. We suggest working directly with a mint or silver bullion company to figure out a quote for your project.

Q: What are personalized silver coins used for?

A: There are many different reasons companies, organizations, or individuals would have a unique silver piece minted. They’re sometimes used to celebrate major career or organizational milestones, such as new membership, promotions, leadership positions, and more. But a growing number of collectors are crafting their own coins to celebrate personal events, such as weddings, graduations, or retirements.

Q: Do custom coins make good wedding gifts?

A: We think so! There’s something extremely special about a one-of-a-kind silver bullion item. No two custom coins are made exactly alike, so using a coin to celebrate a once-in-a-lifetime event like a wedding seems extremely fitting, personal, and exciting.

Q: Are custom coins different from engraved coins?

A: There is a minor difference between these two kinds of coins. Custom engraved coins have already been designed; it’s only the engraving that’s added to an existing mold. Truly custom silver coins, on the other hand, are designed by the user from the ground up.

Q: Where can I buy custom silver coins?

A: Many leading private mints offer to make custom coins for customers. A few examples include Golden State Mint, Intaglio Mint, and Cut Saw Mint. We also recommend working directly with leading bullion sculpting artists, whose proven artistic visions might make your finished product as unique as possible.

The Bottom Line: Personalized Silver Coins

Customized Silver Coins

Custom coins have been considered incredible gifts for several centuries. While the process used to mint unique coins changes with new technology, the usefulness of these brilliant products remains unaltered. Custom silver coins can help to celebrate graduations, birthdays, marriages, promotions, and so much more. There’s clearly a reason why so many companies prefer customized coins as their go-to gift for rewarding faithful employees.

To secure the perfect personal coin for your event, it’s important to approach the process with a clear idea of your vision for the final product. Being able to communicate this vision with your artist throughout the design and minting process is essential to guarantee that the final coin looks as amazing as possible.

It’s easy to get lost in the weeds when looking for the best place to mint a custom silver, gold, or platinum coin. Looking through a mint or artist’s portfolio of previous works is a great way to ensure that their vision aligns with your own. Choosing whether you prefer the old school or the new school method of minting unique coins is another important factor in your approach.

At the end of the day, it’s hard to go wrong when you’re creating a personalized gift in the form of a customized silver coin. There’s a reason these items have always held such a special place in the hearts of gift-givers.

If you’re ready to take the jump and create your own silver coin, it’s time to develop your vision and begin the search for artists and mints!

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5 Best Silver Coins For Survival

Picturing the end of the world and the collapse of global economic stability leads many bullion stackers to think what are the best silver coins for survival. Numerous scenarios could lead to financial collapse. Whether it’s nuclear warfare, unsustainable trade feuding, or a natural disaster, an end-times level event is always possible. No one wants to see the systems of the world come crashing down. But it’s always important to consider that this eventuality is a distinct possibility.

If the economy collapsed and the world as we know it were to end today, would you be prepared? How would you secure necessities, such as food, water, or even weapons, for yourself and your family? There are many ways to prepare for a potential apocalypse. But a growing number of savvy doomsday preppers are buying gold, silver, and other precious metals. Buying silver coins for survival is one great way to make sure that you and your family remain safe and secure, no matter what the future holds.

If the world were to end, then the currencies of governments would certainly lose any claim to objective value. This is why knowing the best silver coins for survival is imperative. Without a country to back them, how would United States Dollars be worth anything at all? The same is true for Canadian Dollars, Great British Pounds, Japanese Yen, and all other major currencies of the world.

Best Silver Coins For Survival

But gold and silver maintain their value, even after the apocalypse. No government needs to assign value to these rare assets in order for them to have purchasing power. Whether you’re trading for food, clothing, water, or even luxury/entertainment goods, the value of precious metal is universally known, making it essential to know the best silver coins for survival. For the modern skeptic, collecting silver for survival is an important task for ensuring long-term survival in nearly any conceivable event.

But best silver coins for survival and what makes silver coins such a good way to amass silver for survival? Is silver better than gold? And what specific silver items are worth collecting? This guide for the “Best Silver Coins for Survival” will teach readers of the Bullion Academy everything they need to know about collecting silver coins for survival.

Remember: being prepared for every possibility requires preparation and diligence. Nobody is truly prepared for the end of the world. But with the help of smart silver investment, consumers can hedge their bets against even the most bleak of futures.

Top 5 Best Silver Coins for Survival

Below you will find our list of the 5 best silver coins for survival based on a few criteria outlined below each one of our picks.  Full disclosure; we did include 1 oz silver rounds even though they aren’t technically “coins” but their versatility and practicality makes them a lock for silver you need to own in a SHTF type situation.

  1. 90% Silver Dimes:

    – Easily Recognized
    – Real US Currency – Has a Face Value
    – Small Denomination
    – Easy to trade for 1 loaf of bread or 1 Gallon of Milk and other Everyday Essentials

  2. Junk 90% Silver Quarters:

    – Recognizability because it is US Currency
    – Real US Currency – Has a Face Value
    – Small Size – Less than 1/4 ozt
    – Trade for 2 loaves of bread or 2 Gallons of Milk and other Everyday Essentials

  3. Junk Silver Half Dollars:

    – Recognized World Wide
    – Real US Currency – Has a Face Value
    – Small Size – Less than 1/4 ozt
    – Trade for 4 loaves of bread or 4 Gallons of Milk and other Everyday Essentials

  4. 1 oz Silver Rounds:

    – Not technically considered a “coin” – No Face Value
    – Not minted by a Sovereign Government Mint
    – Essentially 100% Pure
    – Easy to Calculate Because it is 1 oz of Silver
    – Easy to Trade for Goods and Services

  5. 1 oz American Silver Eagles

    – Most Recognized Silver Bullion Coin in the World
    – Minted at the US Mint
    – Essentially 100% Pure
    – Easy to Calculate Because it is 1 oz of Silver
    – Easy to Trade for Goods and Services

Best Silver Coins for Survival - American Silver Eagles

Why Collect Silver?

Silver coins and rounds are two of the most effective ways to financially prepare for long-term survival. There are a few reasons why silver is such a sound choice for investment. For one thing, silver coins and rounds are relatively cheap, and therefore important to collect the best silver coins for survival. Especially when compared to gold and platinum, collectors can amass a far larger collection if they look for silver coins and rounds.

This is especially important because trading bullion for commodities will become more difficult if the cost per unit of the bullion is high. Take gold as an example. Even relatively small units of gold hold considerable value in the status quo. Trading expensive gold coins for small commodities like food and water would be a tremendous waste of value. But with silver, the low spot price means that survivalists can purchase small commodities without sacrificing a high amount of tradeable value with each purchase.

Due to its availability and its relatively low price it is important to buy and stack the best silver coins for survival. Silver is a precious metal, but it is also highly available, particularly in contrast with gold or platinum. Governments all over the world regularly mint their circulation coins using at least some amount of silver. In the United States, many coins minted before the early 20th century were made using high silver content. This high availability makes it even easier for people to amass a high quantity of silver items.

This isn’t to say that silver is the only thing that the savvy survivalist is likely to collect. In fact, some bullion experts might even advise that consumers diversity their portfolio and collect all the best silver coins for survival. Doing so can make it possible to buy a wider variety of commodities when the need arises.

But for bullion collectors who want to maximize their ability to quickly increase the value of their collection as a tool for survival, silver is a nearly unbeatable option. Consider buying and collecting the best silver coins for survival because there is a wide availability of coins and the low spot price makes accumulating value simple, while silver is nevertheless sure to retain value as an asset in any scenario, even economic collapse.

Silver Versus Gold for Survival

As we explained above, the main advantage of buying silver is that it has a much lower spot price than gold. Both gold and silver will be capable of making purchases of key commodities in a world following a major apocalyptic event. But the startup investment cost for gold is great, and even fractional denominations of gold are relatively expensive. It can be difficult to barter for most common items using gold alone. And in a survival situation, these common necessity items are generally the most important objects to barter for.

This does not mean that gold doesn’t have its uses. Survival experts recommend carrying a variety of different currencies. While there’s little reason why currencies like the United States Dollar would remain valuable after the fall of its backing government, this does not mean that some people won’t still prefer to hold the currency as something to barter with.

999 Junk Silver - Best Silver Coins For Survival

Gold also has a few big advantages. Specifically, gold is great for making large purchases. It would take a whole lot of silver bullion, silver rounds, or silver coins to pay for an expensive medical procedure or a car, for example. Paying in gold for massive purchases in a survival scenario might require a currency with a higher spot price, because these currencies require less denomination to make these purchases.

In our minds, this makes silver the first stop for collectors looking to stock up to be prepared for whatever the future holds. Big expenditures are sometimes necessary, so diversifying your portfolio is never a bad thing. However, most immediate needs in a survival situation will be better acquired by using silver items as currency.

Identifying Valuable Coins

Recognizable silver coins are going to be some of the most valuable trading commodities in any survival situation in the near future. While the design on a coin has little purchasing power on its own, certain coins already have an established value among collectors well-versed in the bullion economy. Both coins and rounds have popular series.

This is particularly helpful when it comes to verifying value. Unrecognizable coins might be composed of high silver content, but distrusting traders might not know this at first glance. In the absence of an infrastructure of verifying the legitimacy of a coin’s silver composition, recognizing coins known to be filled with pure silver is one way that traders can make sure that the silver they’re receiving is legit.

There are multiple easily identifiable coins circulating the American bullion market. The American Silver Eagle Coin is one surefire option. The U.S. government has long guaranteed the high purity of this silver coin, and it has been a favorite of some collectors for decades. Its image of the American bald eagle is instantly recognizable to anyone who remembers the history and majesty of the US republic.

The Morgan Silver Dollar is another popular option for silver collectors. Additionally, the Kennedy Half Dollar, Washington quarter, Roosevelt and mercury dimes as well as a few other denominations that are recognizable American coins minted with a 90 percent of pure silver. Coins minted in the U.S. before 1965 are almost invariably struck with high metal content.

America is not the only place that survivalist silver collectors should look for their rounds and silver investments. The Silver Canadian Maple Leaf Coins have been continually minted for over thirty years, and their silver content is .9999 pure. Similarly popular high purity silver items exist all over the world; the British mint also produces a number of pure silver annual release coins. The Silver Britannia Coin and the Silver Queen’s Beast coins are just two examples.

Collecting Junk Silver Coins

While we recommend first looking for highly recognizable and pure silver coin variations, looking for junk silver is another good way to obtain as much usable silver as possible before a survival scenario takes place. The easiest ways to buy junk silver are to either purchase low purity silver coins in bulk or to buy junk silver packages.

A number of local coin dealers and online retailers sell bulk cull coins. Cull silver coins are coins with a relatively high amount of silver that have been circulated and contain some kind of noticeable impurity. While these coins aren’t quite as pretty as uncirculated variations, they still contain silver and can be purchased at an extremely low premium. American dimes are particularly popular, but most older U.S. coins can be purchased in bulk cull coin packages.

Buying bulk silver bullion directly is another option. While silver bars might not have the same aesthetic appeal as recognizable silver coins, they still contain extremely pure silver and can easily be used as a form of currency in a world post-economic collapse.

Safely Storing Survival Bullion

Some investors neglect the importance of this step in the process of securing bullion coins and other products for survival purposes. Safety when storing gold and silver bullion is essential. In a survival situation, having high amounts of any currency can make someone into a target for robbery, or even worse. To hedge against theft, investing in a quality safe is always a wise idea.

But using safes to store gold or silver can also present its own problems. In a truly dire survival situation, time is always of the essence. It might be necessary to quickly leave your home in a matter of hours– or even minutes. Having to pull a large amount of currency out of a locked safe.

Some doomsday preppers recommend keeping at least some currency in a “bug out bag.” This is a bag filled with all the basic necessities of a survival situation. It generally includes food, water, first aid supplies, and various types of currency. Packing and keeping a bug out bag in your safe can help to save valuable time. A few experts even advise keeping a second bag in the car or in another place outside of a safe to save even more time.

Frequently Asked Questions

This section should give readers a good idea of the answers to some of the most frequently asked questions about buying silver for survival.

Q: Will silver maintain value after economic collapse?

A: While it’s impossible to say for certain, it is extremely likely that silver will retain some semblance of value, even following an economic collapse. Before the creation of fiat currencies, countless ancient civilizations used precious metals like gold and silver to barter.

Q: Is silver better than gold for survivalists?

A: In some ways, silver is the ideal precious metal for survival prep. Because of its low spot price and value per unit, collectors can amass quite a bit of silver without spending very much. This low value also makes it easier for survivalists to purchase essentials following a survival event.

Q: Which silver coins are best for survival?

A: It’s best for collectors to target recognizable coins with high silver content. These include coins like the American Silver Eagle, the Canadian Silver Maple, and more. All American silver coins minted before 1965 contain a high percentage of silver.

The Bottom Line: Silver Coins for Survival

Best Silver Coins For Survival - 90% Junk Silver Dimes

Stacking the best silver coins for survival with a high percentage of silver is a great way for the savvy doomsday protector to hedge their bets against inflation and currency collapse. In the case of a massive world event, it is important to have some way to pay for goods and services. If you believe that the world is heading for some sort of collapse, amassing bullion is always a good choice.

When it comes to survival bullion collecting, our advice is to look for silver coins with a high recognizability and silver content. Doing so maximizes the odds that the items you collect will successfully retain value in the distant (or not-so-distant!) future.

Hundreds of Ancient cultures appreciated the value of gold and silver. Put simply: silver was valuable before our civilization, and silver will remain valuable long after the collapse.

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How To Find Trustworthy Silver Buyers Near Me

There are a number of obvious reasons why someone might want to search for “silver buyers near me” on Google. One clear-cut reason is to find honest and trustworthy bullion dealers that will offer a fair price for their silver.  For many people, the adventure of trying to liquidate and sell silver begins with finding a hidden cache of pure silver that was handed down to them or didn’t even know they had. Old silver jewelry and coins can be excellent sources of silver, and many people don’t even know what they have until they search around. 

Whatever the reason, getting a fair price when you go to sell silver coins and bars requires folks to do business with trustworthy and reputable gold and silver buyers near them. For the most part, choosing to sell silver or gold online or traveling to a coin shop and selling gold coins or bars to local vendors will follow the same general rules outlined in this guide.

Precious metals are often bought together by larger buyers; companies that purchase silver bullion will likely also be interested in gold coins, silver products, and other types of bullion. It can be difficult to find the right silver buyers near me. For most people with a sizable amount of silver to sell, the most important concern is generally how to get the highest price for their silver.

The spot price of silver can vary, and ignorant sellers can stand to lose out on quite a bit of money if they don’t work to learn before hitting the shops to liquidate their stock. Whether working with local dealers, pawn shops, or even bigger online gold and silver buyers near me, knowing the exact value of a given silver product is key to not getting ripped off. 

But there are several additional concerns for the modern silver trader who wants to make as much money from reputable dealers as possible. This guide will outline everything you need to know in order to sell silver to local coin stores or sell silver online to big bullion dealers, from the beginning of the process to the profitable end! 

The Value of Silver

The first step to sell silver or any kind of precious metal is to figure out the worth of the products. This is a pretty big question. Silver items can vary in type, quality or purity, and weight. All of these factors, along with less tangible values like collectability, contribute to the overall value of silver bullion. Getting a good approximation for the value of your silver bars, silver coins, and other products takes a bit of getting used to. 

how to find silver buyers near me

One easy way to begin is to try to estimate the silver purity of a product. Silver can be deceptive; impure silver can often shine and seem more pure than it actually is. Additionally, new silver sellers are sometimes fooled by silver coatings. A product can be made out of useless scrap metal but appear to be silver because it is covered in a thin layer of silver coating on its surface. 

The first place to look for a hint at purity is on the silver coin or silver bar itself. Even some jewelry might include markings that indicate the piece’s approximate silver content. Sterling silver, for instance, might be stamped with the word “Sterling,” “.925,” or “Ster.” Stampings might vary based on a few factors, so cross-referencing any stamps with online resources is always a wise move. Many silver and gold companies are required legally to stamp their products with a reference to their purity. 

But even this initial test can be deceptive as well. Some silver dealers or smaller mints might stamp their products in a way that reflects the silver purity of its coating, rather than the entirety of the product. 

Because of this, the only way to really ensure that you know the exact purity of your silver is to have it tested. Test kits are available online, and the prices of these kits can vary from distributor to distributor. Another option is to take silver to a pawn shop, local jeweler, or another option within your community. These shops might provide a free estimate of the silver or gold content of a particular product, although they might be more inclined to give an estimate if you become a potential seller! 

Additional indicators of value depend largely on the particular type of silver that users plan to sell. Although there are notable exceptions, the value of a silver bar mostly depends on its purity, weight, and condition. 

Pricing Silver Coins

 Silver coin sellers should learn about the coin’s place in larger collections. Popular types of rare silver coins are likely to hold value, especially compared to 90% ‘junk’ silver coins. The value of 90% silver coins based on the silver in the coins. Common US junk silver coins come in denominations of dimes, quarters, halves and silver dollars.  Most junk silver coins are made of 90% silver, however some half dollars and ike dollars are made of 40% silver.

War nickels have 35% silver because they were minted during world war 2 and the government was trying to save copper and nickel for the war effort.  Year of mintage is another important concern. Silver coins come with certain ‘key dates.’ These are dates where an extremely low number of coins were minted, where a major world event happened relating to the coin, or where a unique design was used. 

Aside from key dates, errors on silver coins are a major indicator of value. Collectors love to see coins with minting errors for several reasons. Most simply, these coins are valuable because they are rare. Let’s face it: federal mints don’t make very many errors. Finding a coin with a double-inscription, a dating error, or another imperfection can potentially make the coin extremely valuable. 

For both key dates and coin errors, the best way to begin is to research online. Countless resources are available to help collectors quickly sort through their coins to identify valuable pieces. Key dates are common knowledge among expert collectors in a given niche, and these collectors in the bullion community are almost always willing to share their information with newcomers. 

The price of silver bullion in the form of coins depends largely on these factors, among others. Because coins can vary so much, and because there are so many different kinds, price valuation is a matter of finding appropriate resources and researching extensively. 

Pricing Silver Jewelry 

Pricing jewelry can be even more difficult than pricing silver bars or coins. It can be hard to approximate the value of a set of silver earrings or a necklace, especially because of how many different factors make up the price of a piece of silver jewelry. 

Our recommendation? Consult the experts. Online forums are a great place to start. Not everyone on forums for gold and silver jewelry pricing is an expert. But this does provide an excellent place to start. Like we explained above, experts in the bullion community often love to share their knowledge with newcomers in need of information. The big advantage to looking into the opinions of the bullion community is that these folks are unlikely to have a reason to deceive you on the value of your items. 

Another option is to turn to gold and silver buyers near me. Pawn shops are one option, and some local bullion companies near you might also offer to evaluate the price of your silver or gold jewelry. Unsurprisingly, the downside to this approach is that some pawn shops or local distributors might intentionally provide a low estimate in order to make some extra profit off of your product. 

The way around these pitfalls is to shop around for estimates. A variety of sources can provide a more clear approximate value of a given piece. 

Finding the Right Silver Buyer

One way to ensure you work with the right silver buyer is to research and read reviews for the company or individual you want to do business with. Again, the bullion community is an excellent resource to help people avoid being scammed or losing money on their silver and gold items and investments. Silver bullion forums and groups will quickly develop opinions on the legitimacy and reputability of new bullion buyers. Word travels around quickly, and reading up on potential buyers is always a wise decision.

Sometimes, local coin shops will provide an unmatched level of customer service. Dealing face-to-face with a buyer is a great way for new silver sellers to get a feel for the worth of their item and the strength of an offer. This kind of interaction isn’t available with bigger online purchasers, where business is conducted over the internet and not in-person. 

Trustworthy dealers will be upfront about both their offers and the justifications of these offers. It should not be enough for a buyer to simply say how much they would be willing to pay for a piece. Asking for a more detailed price evaluation is a fantastic way to guarantee you are as informed as possible before making a decision about your silver coin or alternative precious metal product. 

The most important rule in finding a fair price for your silver? Shop around. There is no reason to commit to a single offer until you’ve received a variety of evaluations from different sources. Precious metals are often hefty expenditures, and selling gold and silver bullion coins, bars or jewelry is no less serious of a process. Accepting an insufficient offer could cost consumers thousands of dollars. Patience is the name of the game. 

Types of Silver Buyers Near Me

When searching for silver buyers near me, you’ll get results in all shapes in sizes. To start with, consumers should determine whether they want to sell silver locally or on the internet. Internet options, including eBay, Amazon, online distributors, and countless other sites, may provide the greatest degree of control over the selling process. On listing-based sites like eBay, sellers can post their products with an asking price, as well as a description and relevant photos. 

But self-listing silver items can take quite a bit of time. The research that happens before posting the products should be extensive. There’s really no back-and-forth happening on the value of a silver piece of jewelry, coin, or bar when it’s listed by the seller. It can also take a bit longer, because sellers must wait for buyers to approach them to initiate the deal. 

If you choose to sell silver directly to online dealers and distributors or selling your silver locally provides its own benefits and obstacles. For one thing, these methods are likely to speed things up quite a bit. Selling silver to someone who already wants to buy silver takes some of the waiting out of the equation. Experienced sellers might also immediately come up with an educated and fair offer. 

When it comes to where to sell silver, there are no right answers; it always depends on your situation and needs. The only thing guaranteed is that silver bullion sellers should research and read reviews, complaints, and testimonials for anyone they sell to, online or otherwise. 

Frequently Asked Questions

This section will start to answer some of the most commonly asked questions bullion collectors searching for silver buyers near me. 

Q: How should silver be appraised? 

A: This depends on the type of silver being sold, as well as its purity, among other factors. Silver bullion coins, for example, are valued based on their purity, dates, and potential imperfections. The best way to get an estimate for the value of your silver is to consult as many sources as possible. 

Q: Which silver buyers near me are Honest? 

A: The best way to figure out the trustworthiness or fairness of a silver purchaser is to consult reviews and complaints online. Word gets around when unfair silver buyers near me will give lowball offers or scam new silver collectors. 

Q: What is junk silver? 

A: Junk silver is a term generally used to describe silver coins that derive their value mainly from the silver content. 40% silver and 90% Junk silver Coins are considered “junk silver” if they are common dates, and either in cull or fair condition. Cull coins have been heavily circulated in the economy and include substantial blemishes or marks. 

Q: What is silver spot price? 

A: The spot price for a bullion item is the estimated value that the commodity has. Spot prices apply to silver of various grades. While the spot price of silver can be used to assess the value of the silver itself within a product, some silver products, such as coins, can have increased value unaccounted for by the spot price of the precious metal. 

The Bottom Line: Selling Silver

Finding the right buyer for your silver jewelry coins and bars is essential. Our biggest piece of advice is to research a variety of sources at every stage of the product. When trying to figure out the spot price of silver, the value of your piece, and the reputability of potential silver buyers near me, getting the opinions of other experts in the industry is absolutely essential. 

Silver can be sold in several ways. If you sell your silver jewelry or bullion by listing them yourself on sites like eBay and Amazon may guarantee a fair price, it can take longer to sell and require more research. On the opposite side of things, selling silver locally to established silver buyers near me can speed and simplify things, but could potentially result in a sub-par deal. 

As with many processes in the precious metal sector, selling silver jewelry or coins to trustworthy silver buyers near me can sometimes involve a little research.

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How to Find Unsearched Bags of Coins From Banks

Unsearched bags of coins from banks are one of the most popular draws for new bullion and coin collectors. The appeal is very easy to understand. Who wouldn’t want to buy rolls or bags of coins that haven’t been searched? After all, some American coins are worth quite a bit of money. Picking the right coins out of a large pile of unsearched pieces could quickly turn a profit for the coin collector.

Particularly old coins, as well as rare coins with mint errors, are some of the most common types of coins to look for in an unsearched bunch of coins. There is also an intrinsic value to finding silver coins. Some coins, especially among older series, might contain coins with high purity silver. These can be worth quite a bit of money!

However, many veteran bullion enthusiasts advise caution for new collectors looking to score with some unsearched bags of coins from banks. There are a few different reasons for this long-held skepticism. To start, coin dealers can easily search their bags, extracting the most valuable coins before marketing them falsely as “unsearched.” It is nearly impossible to distinguish a pre-searched bag from a truly unsealed one, especially when dealing with smaller sellers who have no oversight or accountability. 

But don’t despair! There are quite a few tips that coin collectors can use to correctly identify, search, and cash-in on the value of unsearched coin bags from banks. Recognizing the key dates for a given type of coin, purchasing from the right distributors, and keeping an eye out for coveted mint error coins are just a few ways that consumers can make the most out of the exciting niche industry of unsearched bags of coins from banks and rolls

Where to Buy Unsearched Coin Bags

Bullion and coin retailers all over the internet advertise bags of coins from banks they claim to be completely unsearched. The types of coins in these packages will vary. Lincoln cents, buffalo nickels, penny rolls, wheat pennies, and 90% silver coins are just some of the varieties available in these coin bags. United States coin collectors often have their own preferences on which coins to target, and determining these preferences is the first step in searching for sealed bags or rolls of coins. 

find unsearched bags of coins from banks

These bags of coins from banks can be purchased from a number of different types of retailers. Local coin and bullion dealers might offer unsearched rolls. Online distributors are another common way for investors to get a hold of bags of coins from banks that haven’t been picked through. Some mints sell unsearched rolls through their official websites, and other coin distributors sell these same kinds of deals on their eCommerce sites. 

Another popular way to get rolls or bags of coins from banks that haven’t been searched is to use retail sites like eBay, Amazon, or Craigslist. We are generally cautious of these options. Smaller sellers on these sites usually don’t have any kind of accountability, so there isn’t much to prevent them from removing all of the valuable coins from a pack before resealing them and selling the pack at a premium. 

The most surefire way to guarantee completely unsearched coins is to purchase them directly from the United States banking system. Some bigger banks will sell large amounts of circulated coins to collectors. The reason this strategy guarantees that the coins won’t be searched is that banks just simply don’t need to look through their coins.

Unlike smaller retailers and online sellers, who could increase personal profits substantially by just removing valuable coins and leaving the rest for the buyer, U.S. banks deal in so much circulated coinage that it would be unprofitable to spend time searching through their stock. 

How to Buy Coin Rolls from the Bank

Like we’ve already explained, buying coin rolls from the bank virtually guarantees that they will not be searched. But prying these coin rolls from the clutches of the United States banking system is often harder than it looks! The easiest way to get sealed coin rolls from the bank is to simply ask. Some bank tellers might not know exactly what customers mean when they say they want to buy rolls of circulated coins. This is okay; collectors just need to be firm and informed about what they need from the bank. 

Bigger banks are almost always going to be better for this purpose. Smaller banks might be able to get the job done. But collectors looking for unique or rarer varieties of coins might have trouble finding what they need from local banks. Some of the largest banks in America are in direct contact with the Federal Reserve, which makes it easier for them to special-order rolls of coins for repeat coin-collecting customers. 

A lot of people don’t even know that this is an option. But the truth is that almost all banks are capable of selling rolls of coins. There is an additional big advantage to this strategy: the coins just cost face-value. Buying these same untouched rolls of circulated coins from coin dealers often means paying an extra premium on top of the base value of the coins. But when collectors buy directly from the banking system, the cost is just the total face-value price of the coins in the roll. 

Buying Unsearched Coins Online

Companies online often offer coin rolls or bags that haven’t been searched or opened. These are almost always big sellers. But there are different types of online sellers. Bigger bullion distributors are one thing, but smaller coin sellers sometimes operate on platforms like eBay and Amazon, as well as Craigslist. 

how to find unsearched bags of coins from banks

It helps for collectors to first figure out which types of coins interest them. Wheat pennies are some of the most popular coins to be bought and sold in the form of unopened rolls. Wheat pennies are generally not worth very much money; their copper content certainly isn’t worth anything significant. But some key dates are considered exceptionally rare. A few wheat penny editions can carry massive price tags with them. We’ll address some of these dates to look out for later in this guide. 

Silver dollars are rarely found in rolls, where as junk silver quarters, buffalo nickels, 90% silver dimes, and junk silver Kennedy half dollars are some other major coin models sold in this way. Most Eisenhower silver dollars are clad copper nickel, and have no precious metal value, but there is a 40% silver Ike silver dollar so be sure to look at the edge of the coin to see if it is two toned. As a general rule, nearly any kind of coin can be valuable. American quarters are frequently sold in unopened bags, rolls, and boxes. 

The big thing to remember when buying unsearched bags and coin rolls from sellers other than US banks is that the trustworthiness of the seller is everything. Truthfully, there is no guaranteed way to make sure that the seller has not opened the roll/bag, picked out the most expensive or rare coins, and then closed it before selling it to a collector. Learning to seal coins just like the federal banking system does is not very difficult, and any seasoned seller will know how to do it. This makes it even harder to know whether or not a selection of coins has been searched. 

We recommend that consumers try to find a seller with an exceptionally strong reputation for honesty and consistency before choosing to buy this type of coin package. 

How to Identify Valuable Coins

For new collectors, nothing is more exciting than the rush of finding a valuable and rare coin among a selection of common ones. But when collectors are holding onto a large number of coins, time is of the essence. Developing the good sense to quickly identify which coins are rare takes some getting used to. But with a little bit of studying, collectors can learn to pick the right coins out of a roll with ease. 

When working with coin rolls where the most valuable coins are made of silver or gold, one strategy is to unpackage the pieces, but keep them tightly held together in a roll. The edges of coins will change in appearance based on their precious metal composition. Silver coins, for instance, will stick out like a sore thumb when resting against a sea of low-grade metal coins, often called “silver clad coins.”

Identifying coins with rarity derived from minting errors or key dates is a little bit more difficult. Key dates are generally years where a particular coin was minted very rarely in contrast to coins that get their value from their gold and silver precious metal content. This means that the circulation of these coins is lower than in other years, so they’re worth more. The key date isn’t the only thing that matters in the rarity of a coin.

The small letter written next to the date is the mint mark, which represents the city where the coin was struck. Some mints only produced very few of a given coin in a given year, making that year and mintmark combination rarer than others. 

Some collectors and bullion fans also split some coins into the subcategory of ‘semi-key dates.’ These coins are rarer than common coins, but not quite as coveted as key dates. 

As a general rule, all coins are subject to these basic tests of rarity. Rare coins will almost invariably either be struck with a metal seldom used in the series or minted at a year and location which is rare. We suggest that collectors interested in coin hunting look into one of the many key date lists available for the kinds of coins they want to search for. Over time, casting aside the common dates and keeping only key or semi-key dates will become second nature. 

Frequently Asked Questions

New collectors are right to have quite a few questions about finding, buying, and sifting through unsearched bags of coins from banks. Read on to learn the answers to many of the most commonly asked questions on the topic. 

Q: Are unsearched bags impossible to find? 

A: Some collectors claim that every bag or roll of coins has been searched at some point. While it is true that many bags of coins from banks advertised as unopened have actually been sifted through by the seller, finding an honest and reputable seller makes this unlikely to be the case. 

Q: Will banks sell coin rolls to anyone? 

A: The best way to ensure that a bank will sell coin rolls is to get an account with them. Most banks are more than willing to do business with anyone who wants to buy their coin rolls, but they may be more flexible and accommodating with paying account holders of the bank. 

Q: Are coin rolls worth it? 

A: Rolls of coins are sometimes worth the money. The best way to minimize risk buying coin rolls is to purchase them directly from the US banking system. Coins bought in this way cost only their face value. 

Q: How are unopened bags of coins from banks found? 

A: There are a few ways that retailers get ahold of unopened bags. Some unopened bags are found buried; people buried coins frequently during the Great Depression. Others are found in old vaults, attics, and storage units. 

The Bottom Line: Unsearched Coin Bags

Unopened coin bags and rolls of coins are a fantastic and fun way for investors to potentially expand their collection. Some fans of bullion are cautious of the claim that any bag of coins is truly “unsearched.” There is some truth to this fear. Many bullion sales people probably open up their bags of coins from banks and extract the key dates and valuable coins before passing them onto their customers. 

 Still, there are several ways to make the most of what unopened penny rolls and other unsearched coin lots have to offer. Our advice? Either work with banks or with extremely trustworthy dealers. Doing so helps to sure-up the odds that those lots have truly never been searched. 

Get Bags of Coins from Banks - 90% Junk Silver

One of the biggest obstacles for new collectors is figuring out what to keep, and what to throw away. Getting around this barrier takes a lot of research and some hands-on work. Using tips like holding coins in roll form to identify which are made from unique precious metals are helpful. But at some point, collectors need to be able to spread the coins out and start to identify the rarer dates and mint symbols on the faces of their pieces. 

With such a wide variety of valuable coins sold in bags from so many different retailers, it is important for collectors to take the time to orient themselves to the value indicators used for United States coins. 

After you find the right kind of coin and the perfect distributor, it’s time to get searching!

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