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03-15-2009, 03:46 PM
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Registered Member
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Join Date: Apr 2007
Location: Wisconsin
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Coins
Given the state of the economy, many are collecting coins. I have read:
Pennies pre-1982 have a melt value twice that of the face value.
Dimes pre-1964 have a mely value of a dollar.
Nickels have a melt value of about 7 cents.
I have read we should collect all quarters and dimes pre-1968. How much melt value do they have?
Anyone have any tips here?
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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03-15-2009, 05:09 PM
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Go Dodgers!
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Join Date: Feb 2007
Posts: 45,794
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Re: Coins
Quote:
Originally Posted by ILG
Given the state of the economy, many are collecting coins. I have read:
Pennies pre-1982 have a melt value twice that of the face value.
Dimes pre-1964 have a mely value of a dollar.
Nickels have a melt value of about 7 cents.
I have read we should collect all quarters and dimes pre-1968. How much melt value do they have?
Anyone have any tips here?
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I think all post 64 coins are not pure. Nickels, pennies, dimes are mostly zing.
You've be better off buying silver coins. Their value is mostly dependent on the quality of the mint that remains over time. Coins that are uncirculated or proof are worth more.
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03-15-2009, 05:27 PM
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Christmas 2009
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Join Date: Feb 2007
Location: Jackson, TN
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Re: Coins
The new silver eagles and maple leafs are like 99.9% pure. The older coins aren't nearly that level.
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03-15-2009, 06:39 PM
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Re: Coins
When buying silver, that may be true, but if you find those dimes and quarters in your pocket, you should certainly keep them. I have read only in one place that pre-1968 dimes and quarters should be saved. Everywhere else it says pre-1964.
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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03-15-2009, 06:42 PM
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Registered Member
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Join Date: Apr 2007
Location: Wisconsin
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Re: Coins
Quote:
Originally Posted by Praxeas
I think all post 64 coins are not pure. Nickels, pennies, dimes are mostly zing.
You've be better off buying silver coins. Their value is mostly dependent on the quality of the mint that remains over time. Coins that are uncirculated or proof are worth more.
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When talking about saving silver in the case of a dollar collapse, melt value is all that is needed. If you are talking about buying and selling for collectable's then, yes, uncirculated are worth more. I'm mostly talking about "junk" coins at present for melt value. But, any tips are interesting. 
As far as pennies, it's pre-1982:
http://financeandinvestments.blogspo...2-pennies.html
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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03-15-2009, 06:45 PM
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Registered Member
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Join Date: Apr 2007
Location: Wisconsin
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Re: Coins
Ah, here's what I was looking for:
http://www.coinflation.com/
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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03-15-2009, 10:46 PM
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Crazy father of 4
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Join Date: Mar 2008
Location: Now? Phoenix, AZ. Before? Newark, OH, Wyandotte, MI, Tampa, FL
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Re: Coins
i have a jar full of old coins. i know of some '23 and '26 silver dollars.
have not looked into any value at this point just have a jar full of them
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Life is .............
I'll get back to you when I figure it out.
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03-16-2009, 09:10 AM
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Registered Member
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Location: Wisconsin
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Re: Coins
Quote:
Originally Posted by jaxfam6
i have a jar full of old coins. i know of some '23 and '26 silver dollars.
have not looked into any value at this point just have a jar full of them
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Well, I work a cash register at work and I thought I should be looking instead of just throwing everything in the drawer!! My husband used to do this when he worked for a convenience store. I'm sure he took in ALOT more change there. (I work in a library and we just do fines.)
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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03-16-2009, 09:13 AM
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Supercalifragilisticexpiali...
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Join Date: Feb 2007
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Re: Coins
I have several hundred dollars in silver dollars hid in an old army box somewhere. I have not seen them in about ten years - can't remember where I hid them!
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"It is inhumane, in my opinion, to force people who have a genuine medical need for coffee to wait in line behind people who apparently view it as some kind of recreational activity." Dave Barry 2005
I am a firm believer in the Old Paths
Articles on such subjects as "The New Birth," will be accepted, whether they teach that the new birth takes place before baptism in water and Spirit, or that the new birth consists of baptism of water and Spirit. - THE PENTECOSTAL HERALD Dec. 1945
"It is doubtful if any Trinitarian Pentecostals have ever professed to believe in three gods, and Oneness Pentecostals should not claim that they do." - Daniel Segraves
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03-16-2009, 09:15 AM
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Registered Member
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Join Date: Apr 2007
Location: Wisconsin
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Re: Coins
Quote:
Originally Posted by Stephen Hoover
I have several hundred dollars in silver dollars hid in an old army box somewhere. I have not seen them in about ten years - can't remember where I hid them!
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I think they are much more scarce than they used to be!! I found a silver dime at work the other day, whcih got me to thinking about this.
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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