Coins

[ILG]

Originally Posted by DividedThigh

i collect wheat pennies, any of them, which are copper, mostly, but some are rare, i have a 1911s wheat that is worth a bunch, and also my fave a 1858 dime, primo, dt

I hardly ever see wheat pennies anymore. I remember when they were common. I guess I am going to start saving pre-1982 pennies for copper content.

[DividedThigh]

Originally Posted by ILG

I hardly ever see wheat pennies anymore. I remember when they were common. I guess I am going to start saving pre-1982 pennies for copper content.

well have fun with it, i do, look at them , never know what you will find, keep lookin, dt

[Praxeas]

Originally Posted by DividedThigh

64 and before dimes , quarters, and half dollars are 90 percent silver, with silver at 13 bucks an ounce they are worth roughly 10 times, depends on the dealer, silver and gold are good things to collect, anytime, i have thousands of pennies, love it, dt

You would have to have a lot to matter and nobody is going to find a bonanza of old silver coins. I think if it's a matter of security, buy silver now. If you are just into collecting coins, go for it

[Digging4Truth]

Originally Posted by Praxeas

You would have to have a lot to matter and nobody is going to find a bonanza of old silver coins. I think if it's a matter of security, buy silver now. If you are just into collecting coins, go for it

Silver and gold always have worth. When paper money has no worth people will always barter for something. Bartering for services always works well for the common man. But people will always barter for something.

I someone has a sufficient quantity of a commodity to sell to others they will seek a way to exchange that commodity for something of value.

It has been estimated that, in times of severe depression, one silver dollar could feed a family for a week.

Those estimates might not ever come to exact fruition but I find the problem of how I can sell this coin which holds it's own intrinsic worth preferable to the problem of having nothing of intrinsic worth.

People often ask... well... how are you going to sell those if the economy fails. Having something to sell and finding a way to sell it is a nicer problem than having nothing to sell.

[ILG]

Originally Posted by Digging4Truth

Silver and gold always have worth. When paper money has no worth people will always barter for something. Bartering for services always works well for the common man. But people will always barter for something.

I someone has a sufficient quantity of a commodity to sell to others they will seek a way to exchange that commodity for something of value.

It has been estimated that, in times of severe depression, one silver dollar could feed a family for a week.

Those estimates might not ever come to exact fruition but I find the problem of how I can sell this coin which holds it's own intrinsic worth preferable to the problem of having nothing of intrinsic worth.

People often ask... well... how are you going to sell those if the economy fails. Having something to sell and finding a way to sell it is a nicer problem than having nothing to sell.

I completely agree. Metals and precious metals will always be worth more and more in demand than a piece of paper.

Proverbs 22:3

A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.

[Digging4Truth]

Originally Posted by ILG

I completely agree. Metals and precious metals will always be worth more and more in demand than a piece of paper.

Proverbs 22:3

A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.

Agreed.

[Praxeas]

Originally Posted by Digging4Truth

Silver and gold always have worth. When paper money has no worth people will always barter for something. Bartering for services always works well for the common man. But people will always barter for something.

I someone has a sufficient quantity of a commodity to sell to others they will seek a way to exchange that commodity for something of value.

It has been estimated that, in times of severe depression, one silver dollar could feed a family for a week.

Those estimates might not ever come to exact fruition but I find the problem of how I can sell this coin which holds it's own intrinsic worth preferable to the problem of having nothing of intrinsic worth.

People often ask... well... how are you going to sell those if the economy fails. Having something to sell and finding a way to sell it is a nicer problem than having nothing to sell.

Again, my point was, if you are hoping to get enough coins to "make it" by hoarding what you find...good luck! You would be better investing in silver coins or bars than hoping to find enough in your every day change.

[commonsense]

I sure couldn't retire but I do have 3 sets of State Quarters.

Add a few blue folders of pennies or whatever from my hubbies youth;And a handful of foreign coins that we just keep...

I suppose I should check it all out.....maybe a few coins are worth over face value. (hidden in an old hardside briefcase____but not buried )

[ILG]

Originally Posted by commonsense

I sure couldn't retire but I do have 3 sets of State Quarters.
)

[Digging4Truth]

As has been said... Dimes, Quarters, half dollars & dollar coins 1964 and before are 90% silver.

Silver eagles are 99.9% pure. I just got four in the mail today.

Nickels are not silver except for the years 1942-1945.

The current selling price for 90% silver coins (Pre 1965) is 12-15 times their face value.

A good deal on 99.9% pure US coins (Silver eagles) is 17-20 times face value.