The Most Valuable Silver Coins to Look for at Your Local Pawn Shop
Samuel Reading |
Pawn shops have always been a haven for collectors and investors seeking valuable and rare coins. The allure of silver coins, in particular, lies in their historical significance and inherent value. However, with so many types of silver coins available, it can be challenging to determine which ones are the most valuable and worth seeking out. In this blog, we will discuss in more detail some of the most valuable silver coins to look for at your local pawn shop.
Idaho Pawn & Gold located in Meridian, Boise, and Nampa, Idaho are gold and silver buyers skilled in testing and authenticating your silver coins.
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Morgan Silver Dollar
One of the most valuable silver coins to look for at your local pawn shop is the Morgan Silver Dollar. This coin was minted between 1878 and 1904, and then again in 1921. It features a portrait of Lady Liberty on the obverse side and an eagle on the reverse side. While the value of these coins can vary depending on the year and condition, rare Morgan Silver Dollars can fetch thousands of dollars.
Mint Marks and Condition
One factor that can impact the value of a Morgan Silver Dollar is its mint mark. Mint marks indicate the location where the coin was minted, and can affect the rarity of the coin. For example, Morgan Silver Dollars minted in Carson City, Nevada, are generally more rare and valuable than those minted in other locations. Additionally, the condition of the coin can also impact its value, with well-preserved coins commanding higher prices.
Peace Silver Dollar
Another valuable silver coin to look for is the Peace Silver Dollar. This coin was minted between 1921 and 1935, and features Lady Liberty on the obverse side and an eagle on the reverse side. The Peace Silver Dollar is known for its historical significance, as it was minted to commemorate the end of World War I. The value of these coins can also vary depending on the year and condition, with rare coins fetching thousands of dollars.
Mint Marks and Condition
Similar to the Morgan Silver Dollar, the mint mark and condition of the Peace Silver Dollar can impact its value. Coins minted in San Francisco or Denver are generally more rare and valuable than those minted in Philadelphia. Coins in excellent condition with minimal wear and tear, scratches, or discoloration are also more valuable.
Mercury Dimes
Mercury Dimes, also known as Winged Liberty Head Dimes, are another valuable silver coin to look for. These dimes were minted between 1916 and 1945, and feature a portrait of Lady Liberty wearing a winged cap on the obverse side and a Roman fasces on the reverse side. While the value of these coins can vary depending on the year and condition, rare Mercury Dimes can fetch hundreds or even thousands of dollars.
Mint Marks, Year and Condition
The value of Mercury Dimes can be impacted by various factors, including the mint mark, the year the coin was minted, and the condition of the coin. For example, Mercury Dimes minted in Denver are generally more valuable than those minted in other locations. Dimes minted in the early years of production, such as 1916 and 1917, are also generally more rare and valuable than those minted in later years.
Roosevelt Dimes
Roosevelt Dimes are another silver coin to look for at your local pawn shop. These dimes were first minted in 1946 following the death of President Franklin D. Roosevelt, and feature a portrait of Roosevelt on the obverse side and a torch, oak branch, and olive branch on the reverse side. While not as rare as some other coins on this list, some rare Roosevelt Dimes can still fetch hundreds or even thousands of dollars.
Condition and Errors
The value of Roosevelt Dimes is generally impacted by the condition of the coin, with well-preserved coins commanding higher grades. Additionally, some Roosevelt Dimes may also have errors, such as doubled dies or missing letters or numbers, which can make them more valuable to collectors.
Franklin Half Dollar
The Franklin Half Dollar is a silver coin minted between 1948 and 1963. The coin features a portrait of Benjamin Franklin on the obverse side and the Liberty Bell on the reverse side. While not as rare as some of the other coins on this list, rare Franklin Half Dollars can still fetch hundreds or even thousands of dollars.
Idaho Pawn & Gold
OUR HISTORY
Idaho Pawn & Gold was formed in late 2014 and originally named “Sam’s Locker”. Sam’s desire to pawn didn’t originate from a childhood dream, or a long thought out and formulated business plan. Rather, it came from various goals and desires that came together at the right time, including his persistent dream of becoming a business owner. Sometimes the stars align and things just fall in place. Hard work, and patience to wait for the right moment, made Idaho Pawn & Gold a reality.
Sam has always believed that having good intentions in your endeavors is the foundation of living a good life. We all make mistakes; some are greater than others, but how we learn from those mistakes shapes our future. He built Idaho Pawn & Gold to reflect this core belief in everything the shop does.
Although the shop often deals with people in difficult positions, it is beyond important to do the right thing, keeping both parties’ interests in mind. This belief is the foundation of every transaction and is demonstrated throughout the shop’s entire process. At Idaho Pawn & Gold, our goal is to help people through their hardships, not make things more difficult. To that end, we offer as many options as possible to help people find solutions. Our flexibility is one of our greatest assets. We are flexible because we care. It’s because of these principles that we’ve found a place in our great community, and it’s because of these principles that we believe Idaho Pawn and Gold (Sam’s Locker) is a great place for you to find the solution you are looking for. Welcome to Idaho Pawn and Gold, how may we be of service to you?