Quoted: I recently recieved 176 90% silver quarters(forgot dates). They were last valued at $.75 each. They are G to VG conditions. All are washingtons exept for 3 which are the standing liberty but they are very warn. Any help would be much appreciated.......
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They are not worth that much in BU (Brilliant Uncirculated) condition, to be honest with you. Its been a couple years since I was active in the hobby but at that time, everything was performing poorly with not much demand for modern stuff. Most silver was very cheap.
Theres history there, but value... it's always worth silver weight. definitely hang onto it.
Most quarters I've purchased have been under $5 for mint or uncirculated. Theres exceptions like rarer mint marks for certain years, but coins in good circulated condition are no longer very valuable in a numismatic sense, meaning not valuable as a minted coin because they're worn down, but still a precious metal and it'll never lose that value. Price of silver fluctuates but spot price is usually $5-ish per ounce. Maybe a bit more these days with the sunken dollar.
Why does condition matter so much? Simply because these are relatively new coins, and theres tons of them minted, thus many available in good conditions still. You can get exact mint numbers on every single quarter in your collection too, but... here's the kicker... the treasury numbers only account for what was made, not what was melted. Silver was once over $100 an ounce in the 60s, so back then and ever since, people have been melting massive amounts of Washingtons for their "melt value". You may find at some point you're holding $50 quarters, but I don't expect that to happen soon, beyond 20yrs perhaps.
For a 90% silver quarter to be worth $0.25 - the price for an ounce of silver would have to be $1.40 or so. It's not been nearly that low since 1967.
Going by year 2000 prices, I'd approximate that if you went to a coin shop, he'd offer you about $2.50-$3.50 per ounce. A generous offer would be $4.50 per ounce or so. Weigh em and see what you've got based upon the current silver price.
According to
this Silver is at a high right now. I don't think I'd sell, no I definitely would'nt sell... but it would be quite interesting to see what kind of offers you could get.
If you want to go through your quarters one by one, here's a general price guide that'll help you -
Washingtons You can get much better price guides, the blue book or the red book of coin prices available at most any large bookstore. Both books are good, but dealers use blue.
Avoid handling them, put them in protectors, and into an album sorted by year. Don't let them get worse than what they already are, since value of what you have there is not going to decrease, but very possibly will increase greatly over 10-20 years.
Hope I helped some?