Big demand for pre-1965 90% silver coins

Coin World ^ | April 5, 2011 7:02 AM | by Steve Roach

[mylife]

I’ll give you $16

[warsaw44]

Thought you fellas might appreciate this thread. To whomever posted the ‘ conflation.com ‘ link on the thread about silver at $38.00 - my thanks. A very helpful site.

[mainevet]

The 1950 nickle from Denver is a key date in that series.

[Attention Surplus Disorder]

I started collecting silver coins in 1965, when I got the gals who worked the cash registers in my Jr. HS cafeteria to sort out the silver ones. Day by day, $1.85, $2.25, 85 cents at a time. (That was actual money back then) One day, someone whispered to those gals that they should keep that silver for themselves and I never got another dime! My very own silver window snapped shut!

I still have all that silver; not that it’s necessarily been a good investment on a 45-year ROI. Those coins sell for 28x face value, which is amazing. I’ve bought hundreds of pounds more in the interim. Uhhh, not at face. Incidentally, when I throw a newly-bought quarter against those from 1965? Can’t tell the difference!

I actually got a silver quarter in change the other day, and even though I look at my change, I had to look at it four times before I actually believed it.

I could kick myself for only buying 20 oz last coin show @ 34.50. But I am nervous buying much more up here. I noticed that the “theme” of the coin was MUCH more “bullion” than “numismatics”. I continue to opine that coin shows are THE best place to buy silver.

[mylife]

I got bupkis here! My nickle is a nickle LoL

[mainevet]

Nah. It’s worth somewhere between a dime and fifty cents, roughly. :-)

[mylife]

I’m Rich!

Rich I tells Ya!
WOoooo Hooooo!
Yes, oh Yes! Fist pump!

[ncfool]

If your rich then Obummer is going to take it.

[Jet Jaguar]

Goldbug Ping

[MSF BU]

This is a decent site that will give you a rough idea of the value of coins typically considered junk silver: http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/

[atomic_dog]

Fergus been stackin!

[andyk]

Awesome pic :)

[DeaconBenjamin]

But I GUARANTEE that no one is selling silver proofs or Eagles for less than spot.

Do you trade in post-1965 silver proof quarters?

[DeaconBenjamin]

I bought half a roll of proof Franklins for scrap a few months back.

[Travis McGee]

Exactly.

[Defend Liberty]

Would you say there’s slight trace of wear on the bust shoulder and hair left of forehead, and on eagle’s breast and top edges of wings? If so that would be considered Almost Uncirculated and if it’s 8 tail feathers $42 to $58, 7 tail feathers over 8 $48 to $77, 7 tail feathers 2nd reverse $36 to $41 or 7 tail feathers 3rd reverse $40 to $46. Those are retail. You’d probably not get those selling to a coin dealer

I'm not sure what you mean by bust shoulder since there is no shoulder. The neck is still raised from the coin. In other words it isn't so worn that it is smooth with the rest of the coin. The hair left of the forehead is also raised but maybe a little smooth although that part is hard to tell since I'm not sure how much detail there was originally. The eagle's breast appears to be smooth. The top edges of the wing are fairly smooth but have a little detail. The top edges of the right wing have far more detail. The tail has seven feathers. I'm assuming I would get considerably less than the list retail price since they are looking to make a profit.

[Defend Liberty]

This is a decent site that will give you a rough idea of the value of coins typically considered junk silver: http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/

Thanks!

[CodeToad]

I haven’t bought silver in a few years, but Eagles were about $3 over spot and junk was at spot. I sold a bunch recently and got spot from the previous week’s closing, which was a few pennies difference.

[WhistlingPastTheGraveyard]

$1000 face is over $28K @ spot. Most places will give you a nice deal if you’re dropping that much cash all at once.

And yeah, Eagles are selling at around 10% over spot. 1996 Eagles for quite a bit more than that.

[blam]

Coinflation
(Melt Value Of US Coins)