Silver Strikes up for sale.

I've decided to let go of my limited Silver Strike collection (all three of them !) Looks like they are going for about $20-$30 on Ebay right now. I contemplated letting Silver prices run a little higher before selling but I'm doing some Spring cleaning and emptying out the junk drawyers. Plus, I'm getting really close to the coveted aqua-marine star on Ebay. Man, I'll be a big shot then !

Auction starts at $9.99 for each coin.

Four Queens

El Cortez

Golden Nugget
I bought all those SS's from a guy at the Silverton that had the Boomtown SS's. Guess I'll send mine too then.
Stalking bids placed. Will you combine shipping if one wins more than one?
As I write this, noon Sunday, west coast time, the value of the silver in a $10 silver strike is $22.39 (60% of the spot price).

Before you sell on eBay, consider the ebay fees, time, etc because you might be better off going to your local pawn shop and selling it there.

but before you sell, be sure you are not selling one of the "rare" strikes that might have collectible value over and above the bullion value.

Quote

Originally posted by: billryan
Stalking bids placed. Will you combine shipping if one wins more than one?


Absolutely !
Which ones are rare?
I have quite a few from years ago.
I think the best way to determine if you have a rare strike is to do a google search for dealers/collector websites. also check the archives on ebay.

basically, the rare ones are the truly "limited" edition. they all say "limited" but some were issued for certain events.

basically if they have a celebrity portrait or an event such as a concert or fight you have a rare one. if you have one limited to casino employees you have a rare one.

most of those that fell out of machine are not rare unless you were at the casino for a special event and they stocked the machines with special strikes.
Thanks for the reply, Money.
Mine are probably not the rare ones.
It is any hassle to just cash them in at the casinos?
You're really best off checking ebay completed auctions for recently sold. Even some of the less rare ones might have some degree of popularity and sell in the $30-40 range.

Something like this:

Common Silver Strike sells at $39

Or sometimes if you have several and sell as a lot, someone bites. Like this:

ebay auction

I think $20 is better than the $10 you get in the casino.

I also agree with the suggestions that you check out a pawn shop. I'd bet they will give you $15-17 a piece.

I'll also note that this may be your best time to sell scuffed up ones as scuffing does not affect the value of the silver.
Local coin dealers are also "bullion" buyers, and often will pay closer to melt value. Perhaps a little more if they perceive some value as a collectible item. As a plus, you can often telephone them, describe your coins or strikes, and find out what they will pay, or a range, for comparison purposes.


I'd check them out before pawn shops, who IMO, won't pay a fair price for "scrap" bullion. They have a different mentality and seem to only buy low and sell high. I know I've stopped at several over the years, but never ended up selling to them. And rarely was able to buy something I could turn a profit on. :::shrug:::


I recently sold some "junk" silver dollars, only had 8 that were in bad shape, and yet I got $21.00 each when the melt value was $22.31 or so. Of course, I also "got generous offers" on some of my more collectible ones, but decided to hold onto those for awhile. Don't have many anyway, about 42 left, so decided to keep them and see whether the coin market goes up even more.



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