In to my possession has come a significant number of old round australian 50c pieces. I have paid face value for the coins with the intention of selling them for their silver content. Based on my calculations (assuming 13.28g per coin @ 80% silver @ about USD$7 per ounce) each coin is worth approx USD$2.60.
Many of the coins aren't in collector quality condition so I don't believe it possible to sell them above smelt value.
I've seen many coins in comparable condition sell on ebay for about AUD$3, but they are far too numerous for me to be bothered with that.
Has anyone had experience with this or shall I put it in the too hard basket and take them to the bank?