The price of US silver coins depends upon several factors, including its rarity and condition.
The coin pictured above is the Hawaiian Silver Half Dollar coin, which was sold for over 65,000 US dollars at the Bowers and Merena auction. If you search the web, you will find that many coins have fetched a price higher than their true value.
Although the silver content in the majority of such coins is not very high, their price seems to increase at every auction, probably because with every passing year, they seem to gain another year of history attached to them.
The 'rarity factor' of the coins increases, thus also increasing their price over time.
In addition to the rarity factor, the condition is of importance as well. Nobody wants to buy a coin that looks old or washed up. This is why we suggest that you get the coin appraised so that you do not get robbed.
Scams are common in this field, do not make the mistake of buying coins from an unreliable seller. Always do your research and ask for documents and proof to verify the authenticity of the coins you?re purchasing.
You will need these documents when you decide to sell your coins, so never compromise on it. Also, give some time to the coins to offer good returns.
While gold increases in value, it can take the shiny metal a few years to gather enough value to offer a profit on your coins. Also, as time passes, coins begin to get rarer, especially after they stop being made. So, keep your fingers crossed.