Quite frankly it depends who you ask.
One eBay seller reckons they are worth at least $36.00 plus $3.95 shipping (cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=170639589378) but there is still time left and at least two bidders so we’re looking at something probably in the low forties.
Purely based on the weight of the silver rather than looking at the specifications of the coin, silver is currently trading at $33.80 per troy ounce according to CNN Money in New York. Silver seems to be on a bit of an upper, but then precious metals always do well in times of economic instability as they rarely lose value and are henceforth seen as a safe and steady way of protecting investments.
But the coin must be taken into consideration as Engelhard Silver Prospectors have not been made since 1988. They only become available when they show up in the secondary market. As such when they do become available, Engelhard Silver Prospectors usually carry premiums above other silver rounds.
This is rather pessimistic but seeing that they have a pureness 0.999 silver and are exactly one ounce in weight, if everything collapses it can be used as a tradable commodity, i.e. It’s survival money, unlike say normal coins which are usually made out of base metals. So if you think the Mayans are right and it’s all going to fall apart in 2012, this coin would be more useful than the forty odd dollars you’d collect for it now.
Remember if it’s not a private sale and goes through a third party, you’ll be liable to pay some sort of commission, denting the money you’ll receive.
One eBay seller reckons they are worth at least $36.00 plus $3.95 shipping (cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=170639589378) but there is still time left and at least two bidders so we’re looking at something probably in the low forties.
Purely based on the weight of the silver rather than looking at the specifications of the coin, silver is currently trading at $33.80 per troy ounce according to CNN Money in New York. Silver seems to be on a bit of an upper, but then precious metals always do well in times of economic instability as they rarely lose value and are henceforth seen as a safe and steady way of protecting investments.
But the coin must be taken into consideration as Engelhard Silver Prospectors have not been made since 1988. They only become available when they show up in the secondary market. As such when they do become available, Engelhard Silver Prospectors usually carry premiums above other silver rounds.
This is rather pessimistic but seeing that they have a pureness 0.999 silver and are exactly one ounce in weight, if everything collapses it can be used as a tradable commodity, i.e. It’s survival money, unlike say normal coins which are usually made out of base metals. So if you think the Mayans are right and it’s all going to fall apart in 2012, this coin would be more useful than the forty odd dollars you’d collect for it now.
Remember if it’s not a private sale and goes through a third party, you’ll be liable to pay some sort of commission, denting the money you’ll receive.
