Re: Wife inherited coin collection..
[Re: SJA]
#7442411
12/26/21 08:47 PM
12/26/21 08:47 PM
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Joined: Nov 2011
Posts: 23,656 New Hampshire
Nessmuck
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trapper
Joined: Nov 2011
Posts: 23,656
New Hampshire
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Got a 1909S V.D.B…Lincoln cent ? The ones in little packages are probably uncircumcised . . . ya think? Oops…I hate auto correct…LMAO !
It is better to die on your feet than to live on your knees.
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Re: Wife inherited coin collection..
[Re: Turd Furgeson]
#7442427
12/26/21 09:04 PM
12/26/21 09:04 PM
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Joined: Apr 2007
Posts: 5,920 ohio
Ohio Wolverine
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trapper
Joined: Apr 2007
Posts: 5,920
ohio
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Get the blue and red book on coins , it will give you an idea .
Used to buy and sell on E BAY many years ago , but the commission are ridiculous any more . The books will just give you an idea , not exact value as you know very little about grades , per your post . Though the books will also give you an idea of the different grades . You can buy Roman era coins for less than a few coins minted in the last 30 years .
Last edited by Ohio Wolverine; 12/26/21 09:07 PM.
We have met the enemy and the enemy is us!
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Re: Wife inherited coin collection..
[Re: lee steinmeyer]
#7442520
12/26/21 10:32 PM
12/26/21 10:32 PM
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Joined: Oct 2011
Posts: 2,797 Western Shore Delaware
SJA
trapper
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trapper
Joined: Oct 2011
Posts: 2,797
Western Shore Delaware
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Put them in a safe deposit box. Don’t let lay around the house. Wife and i had a bunch of stuff, and believe it was family that ripped us off. Only thing missing was coins, nothing else touched. Lessons learned, the hard way! Just a note. Put them in a safe, or safe place that only you know where it is, and it cannot be readily taken or moved. Remember, the State or Gov can seize anything in a bank safety deposit box at any time.
"Humans are the hardest people to get along with." Dr. Phillip Snow
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Re: Wife inherited coin collection..
[Re: Turd Furgeson]
#7442561
12/26/21 11:35 PM
12/26/21 11:35 PM
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Joined: Dec 2015
Posts: 6,350 se South Dakota
NonPCfed
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trapper
Joined: Dec 2015
Posts: 6,350
se South Dakota
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It all depends on how much time you want to put into the effort. You're not going to retire on most passed on coin collections. Most are worth from a few hundred to a few thousand. Some are more liquid than others. Have fun and good luck...
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: Wife inherited coin collection..
[Re: yousowise]
#7442629
12/27/21 05:03 AM
12/27/21 05:03 AM
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Joined: Dec 2021
Posts: 828 Indiana
CaseXX
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trapper
Joined: Dec 2021
Posts: 828
Indiana
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Buy the way, silver dollars for common circulation are not pure silver. American silver eagles that have the face value of a dollar and have the word dollar on them are pure .999 silver 1 Troy ounce. And half dollars especially Kennedy's are all mixed up as to the amount of silver in them.
Rules: Col. Jeff Cooper #1for a gunfight Gibbs. #9 always carry a knife
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Re: Wife inherited coin collection..
[Re: lee steinmeyer]
#7442653
12/27/21 07:09 AM
12/27/21 07:09 AM
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Joined: Apr 2012
Posts: 2,969 new york
mike mason
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trapper
Joined: Apr 2012
Posts: 2,969
new york
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Put them in a safe deposit box. Don’t let lay around the house. Wife and i had a bunch of stuff, and believe it was family that ripped us off. Only thing missing was coins, nothing else touched. Lessons learned, the hard way! Gun safe works great!
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Re: Wife inherited coin collection..
[Re: Turd Furgeson]
#7442767
12/27/21 10:55 AM
12/27/21 10:55 AM
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Joined: Dec 2015
Posts: 6,350 se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
Posts: 6,350
se South Dakota
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[My local shop was selling silver dollars for $30, and half dollars for $10, these were not collector quality or super rare. I would personally hold until silver goes back up./quote]
Of course the local shop is going to sell them for more than what they bought them from people. Silver goes back up to what, its all time high of pushing $50 an ounce that it did, what 8-10 years ago? Some us were getting excited when it was pushing about $30 an ounce (troy) in the summer of 2020. Now its down around $22 but still a lot higher than its historical of about $4-5. I doubt silver will ever return to that low number but if you're waiting for it to return to $40-50 an ounce, you way be waiting a good while.
[quote]And half dollars especially Kennedy's are all mixed up as to the amount of silver in them. Kennedy halves came out in 1964 and were 90% silver as were the current quarters and dimes. As Steven49er stated, almost all silver was removed from the circularizing coinage in 1965 (the start of the era of the "clads") except for the Kennedy halves that were still 40% silver through 1970. In the 1971, the Kennedys went to being "clads" as well, except proofs. I believe the yearly proof sets still have 90% silver in the quarters, dimes, and if they struck any halves. The San Fran mint makes the proof sets, at least in the last 3 or so decades so if you find a U.S. "silver" coin with a S mint stamp since 1990 or so, it came from a proof set and has silver in it. Very rare to find any in circulation. Very rare to find any 1965-1970 Kennedys in circulation as well. Most any U.S. coins that have silver in them have been picked off during various earlier silver booms. P.S. Look at any nickel that looks old and you might find some "war nickels" (1943-1945). Copper was in sort supply for munitions so nickels for those 3 years were made with 35% silver. As probably least known "modern" U.S. coin with silver content, a few of these are still out there in circulation but still pretty rare...
Last edited by NonPCfed; 12/27/21 10:55 AM.
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: Wife inherited coin collection..
[Re: NonPCfed]
#7442778
12/27/21 11:18 AM
12/27/21 11:18 AM
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Joined: Dec 2021
Posts: 828 Indiana
CaseXX
trapper
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trapper
Joined: Dec 2021
Posts: 828
Indiana
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Non pc yes like I said kennedys are all botched up. We (in small rural towns) ones with large south of the border populations see an inordinate amount of silver coins I believe it is due to that group. I personally know of at least 2 fellows that still engage n silver mineing. They will go to the small town banks and buy 5 to 10 thousand dollars of haves and search the rolls. It's a big deal for them if they find a few 40 percent coins, it's their hobby. They then put them back in rolls and return them to another bank and start all over. Been doing it sense silver got near 40 a few years back. I've been in ag sense the eighties have a fair grasp of it now but still learning.
Yes the silver proof sets are silver, but not the common proof sets.
Last edited by CaseXX Collector; 12/27/21 12:04 PM. Reason: Spelling
Rules: Col. Jeff Cooper #1for a gunfight Gibbs. #9 always carry a knife
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Re: Wife inherited coin collection..
[Re: CaseXX]
#7442781
12/27/21 11:28 AM
12/27/21 11:28 AM
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Joined: Dec 2021
Posts: 828 Indiana
CaseXX
trapper
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trapper
Joined: Dec 2021
Posts: 828
Indiana
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Buy the buy, wife worked for a vending co. for the last 30 years she finds quite a bit of old silver coins, but she is in the right spot for it.
Rules: Col. Jeff Cooper #1for a gunfight Gibbs. #9 always carry a knife
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Re: Wife inherited coin collection..
[Re: CaseXX]
#7442837
12/27/21 01:03 PM
12/27/21 01:03 PM
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Joined: Oct 2011
Posts: 2,797 Western Shore Delaware
SJA
trapper
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trapper
Joined: Oct 2011
Posts: 2,797
Western Shore Delaware
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Non pc yes like I said kennedys are all botched up. We (in small rural towns) ones with large south of the border populations see an inordinate amount of silver coins I believe it is due to that group. I personally know of at least 2 fellows that still engage n silver mineing. They will go to the small town banks and buy 5 to 10 thousand dollars of haves and search the rolls. It's a big deal for them if they find a few 40 percent coins, it's their hobby. They then put them back in rolls and return them to another bank and start all over. Been doing it sense silver got near 40 a few years back. I've been in ag sense the eighties have a fair grasp of it now but still learning.
Yes the silver proof sets are silver, but not the common proof sets. aka "armchair coin shooting" :-)
"Humans are the hardest people to get along with." Dr. Phillip Snow
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Re: Wife inherited coin collection..
[Re: NonPCfed]
#7442852
12/27/21 01:30 PM
12/27/21 01:30 PM
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Joined: May 2010
Posts: 10,491 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,491
MN
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[
Kennedy halves came out in 1964 and were 90% silver as were the current quarters and dimes. As Steven49er stated, almost all silver was removed from the circularizing coinage in 1965 (the start of the era of the "clads") except for the Kennedy halves that were still 40% silver through 1970. In the 1971, the Kennedys went to being "clads" as well, except proofs. I believe the yearly proof sets still have 90% silver in the quarters, dimes, and if they struck any halves. The San Fran mint makes the proof sets, at least in the last 3 or so decades so if you find a U.S. "silver" coin with a S mint stamp since 1990 or so, it came from a proof set and has silver in it. Very rare to find any in circulation. Very rare to find any 1965-1970 Kennedys in circulation as well. Most any U.S. coins that have silver in them have been picked off during various earlier silver booms.
P.S. Look at any nickel that looks old and you might find some "war nickels" (1943-1945). Copper was in sort supply for munitions so nickels for those 3 years were made with 35% silver. As probably least known "modern" U.S. coin with silver content, a few of these are still out there in circulation but still pretty rare... Roger, there are more 40 percent halves floating around than most people realize. I've got several hundred I pulled out of circulation doing exactly what Casecollector spoke about. Several hundred dimes as well. Now how many silver quarters? 3 and one was a Canadian lol. Searching for war nickles is tedious. Searching was lot more productive before everybody started using debit cards. Here is a fun fact for you Roger, Of the approximately 330 million 90 percent 1964 Kennedy half dollars made, 228 million were actually struck in 1965 and 66. They struck 1964 90 percent quarters and dimes into 66 as well.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Wife inherited coin collection..
[Re: Steven 49er]
#7442863
12/27/21 01:49 PM
12/27/21 01:49 PM
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Joined: Dec 2021
Posts: 828 Indiana
CaseXX
trapper
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trapper
Joined: Dec 2021
Posts: 828
Indiana
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49er, wife in her last life ran the north half of our state Ind. all of Ohio and the north of Penn. like I said a vending and dining co. The fellow that ran the coin count machine must have cleaned up. The coin counters kicked out the old coins, I think it was due to weight. When ag went on its big run I called him to ask if he would sell some. He told me he didn't pay attention to that stuff, I thanked him for his time and said good by. You can guess what I was really thinking. I trade the ag/au ratio have done fair over the years. Have a good new year. Case.
Dog gonit apologizes to the OP did not mean to interrupt your post, sincerely I'm sorry.
Last edited by CaseXX Collector; 12/27/21 02:06 PM. Reason: Apologize
Rules: Col. Jeff Cooper #1for a gunfight Gibbs. #9 always carry a knife
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Re: Wife inherited coin collection..
[Re: Turd Furgeson]
#7442899
12/27/21 02:54 PM
12/27/21 02:54 PM
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Joined: May 2018
Posts: 759 new york
henpecked1
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trapper
Joined: May 2018
Posts: 759
new york
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Suggest you get on line and look at JM Bullion https://www.jmbullion.com/spot silver today is $23.75........but that does not reflect the selling value by a dealer, which is 33.03 for worn out silver dollars/coins called a cull you will try to sell at as close to 90% of spot as you can get as your coins are 90% silver (forget about 40% right now), a buyer out in rural America is probably going to low ball you at 75 to 80 % of spot due to his overhead. as you can see they recover their over head by almost 10 dollars an ounce on 90% silver. ($33.03) (you sell to them at less than $23 and they sell to a collector for $33) Your eagles are 99% pure and should trade about 3 to 5 dollars off spot it sounds like you have s collection which a dealer would call an accumulation of low end material, no fancy holder from a grading service like PCGS NGC or ANACS your half cents and and other copper coins will sell at 40% of retail you can. try to get more but probably wont as the dealer has to hold them till a collector comes around. if you had any rare material it would be in a holder. not many people collect half cents anymore except high end material from the 1700s. buy yourself a red book to see high end retail and a blue book to see what a dealer actually trades at. if you do not need the money put it in a safety deposit box as inflation is high right now,. there should be a local coin club in your state, contact them and they will help you. good luck, collecting coins is worse than collecting traps, I have dealt with high end material to bullion, you can make more on bullion, I have even sold colonial coins in a two different Stacks Auction so stack your silver coins into dollars count your dollars that would be the number of ounces you have of 90% silver: take 90% of spot and you have a ballpark on your retail value get informed or lose money. selling fur is no different than selling coins, its in the grade Good luck
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Re: Wife inherited coin collection..
[Re: lee steinmeyer]
#7442905
12/27/21 03:04 PM
12/27/21 03:04 PM
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Joined: Aug 2011
Posts: 1,601 Ohio
newtoga
trapper
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trapper
Joined: Aug 2011
Posts: 1,601
Ohio
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Put them in a safe deposit box. Don’t let lay around the house. Wife and i had a bunch of stuff, and believe it was family that ripped us off. Only thing missing was coins, nothing else touched. Lessons learned, the hard way! Ours wasn’t family, but $3500 in face value mostly silver maybe 1000 wheats and couple hundred Indian heads. All in a safe bolted to the floor. Ripped it off the floor with my spud bar. $14000 total stolen( jewelry, antiques, and the coins, also some power tools) we were both at work kids were 200 miles away at college. The thrives did 3 house on our road in one day. Definitely a safety deposit box.
lifetime member NTA, OSTA, GTA
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