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Coin Collectors
Posted on 2/12/12 at 7:59 pm
Posted on 2/12/12 at 7:59 pm
Are Susan B. Anthony dollars, Kennedy half-dollars, or those presidential dollars worth hanging on to? Think they will ever be worth more than face value?
4
Posted on 2/12/12 at 8:19 pm to chadg
I have a shite load of old silver dollars. I would be curious as to how much they're worth.
Posted on 2/12/12 at 9:19 pm to chadg
quote:
Are Susan B. Anthony dollars, Kennedy half-dollars, or those presidential dollars worth hanging on to? Think they will ever be worth more than face value?
The Mint has literally over a billion presidential dollars in storage that they can't get rid of. Yes, a billion. The melt value is far below $1 for each.
Posted on 2/12/12 at 9:40 pm to jameison125
quote:
silver dollars
They are worth a decent bit as is all silver coinage.
Silver and gold coins from any country will always have value.
Posted on 2/12/12 at 10:45 pm to jameison125
If your "silver" dollars are made of 90% silver, then they are worth at least the silver content of the coin.
The new dollar coins are not made of silver, so they will not have much value in the future unless they are an error coin.
I'd give $25 per silver dollar for some of them, if it's real silver; that is, pre-1964.
The new dollar coins are not made of silver, so they will not have much value in the future unless they are an error coin.
I'd give $25 per silver dollar for some of them, if it's real silver; that is, pre-1964.
Posted on 2/13/12 at 12:46 am to djmicrobe
Jamieson,
Are you interested in selling any of your old coins?
Are you interested in selling any of your old coins?
Posted on 2/13/12 at 8:49 am to djmicrobe
quote:
The new dollar coins are not made of silver, so they will not have much value in the future unless they are an error coin.
Not talking about melt value, just increasing somewhat in value.. Do you think it is worth keeping Susan B. Anthony dollars or Kennedy Half dollars?
Posted on 2/13/12 at 9:00 am to chadg
quote:
Do you think it is worth keeping Susan B. Anthony dollars or Kennedy Half dollars?
No, there were too many of those coins minted for them to have any collectible value in our lifetime.
Posted on 2/13/12 at 3:00 pm to THEphenom
quote:
Jamieson,
Are you interested in selling any of your old coins?
It would honestly depend on the value of them. If I remember correctly, they're from sometime in the '50s. I'll have to see when I get home.
Posted on 2/13/12 at 5:11 pm to chadg
When I was in elementary school my dad gave me a bunch of Confederate money. I stuck it in a box of collectable stuff. When I was 22 I discovered the box and found the money. Took it to a coin dealer and asked him if it's worth anything. He said "No, look at the fine print down here."
In tiny letters it said "This is not real."
I felt like such a dumb arse.
In tiny letters it said "This is not real."
I felt like such a dumb arse.
Posted on 2/13/12 at 6:01 pm to Zach
Good one.
Posted on 2/13/12 at 8:09 pm to LSURussian
quote:
No, there were too many of those coins minted for them to have any collectible value in our lifetime.
LINK
It depends on what you have, Kennedy 1964Ds bring 10-20 bucks, others like in the link much more.
Posted on 2/13/12 at 9:44 pm to JWS3
Sure,
Let me know when you get home.
Are they half dollars or quarters?
Let me know when you get home.
Are they half dollars or quarters?
Posted on 2/14/12 at 8:02 am to THEphenom
Phenom, you sound like a collector.
Just curious, have prices risen much on collectible coins in the past 30 years ?
Besides the obvious silver/gold factor.
I inherited a very sizable collection many many years ago. Been paying for safe deposit boxes for that long as well. Just curious are the serious collectors still out there and have prices risen at least to keep with inflation ?
Just curious, have prices risen much on collectible coins in the past 30 years ?
Besides the obvious silver/gold factor.
I inherited a very sizable collection many many years ago. Been paying for safe deposit boxes for that long as well. Just curious are the serious collectors still out there and have prices risen at least to keep with inflation ?
Posted on 2/14/12 at 2:10 pm to Kajungee
I am a collector. The only coins that are going to be worth any value are high quality coins that have never been scrubbed. MS67 and above for coins older than 50 and rare dates/mints can fetch quite a bit of money. But that is almost near perfect condition.
It is hard to have a coin of circulated quality be worth anything unless it is a double die, or is the first strike, or one of a few left.
That being said. Ask yourself this question. Why do you think you have never seen a pre 1964 quarter, dime, nickel, or half dollar when you get change back at a supermarket, gas station, or any other retail store for that matter.
Answer, b/c Gresham's law is at work.
I would be mightily impressed if you found 1 coin while breaking change for an entire year that was pre 1964.
It is hard to have a coin of circulated quality be worth anything unless it is a double die, or is the first strike, or one of a few left.
That being said. Ask yourself this question. Why do you think you have never seen a pre 1964 quarter, dime, nickel, or half dollar when you get change back at a supermarket, gas station, or any other retail store for that matter.
Answer, b/c Gresham's law is at work.
I would be mightily impressed if you found 1 coin while breaking change for an entire year that was pre 1964.
Posted on 2/14/12 at 2:17 pm to ich1baN
quote:
Answer, b/c Gresham's law is at work.
I own a business that takes in literally hundreds of coins daily, I check a few times a week and have yet to find anything with silver content. Where the hell are they!??
Posted on 2/14/12 at 2:58 pm to chadg
if they're proof sets, they'll be worth a little bit. Otherwise, no.
Posted on 2/14/12 at 3:06 pm to ich1baN
well most of what I have is older than 50 years easily.
But some of it well circulated. Others uncirculated. Some proof sets and mint sets.
Plenty of wartime silver which I imagine is silver value.
Rolls and rolls of uncirculated 1943 steel pennies. Tons of Indian head pennies, 1909 VDBs ect. Oldest thing I remember having was 1835 half dimes.
I know what the gold double eagles are worth today and silver doller values as well.
What I am asking is are the values as just collectables holding up.
Or is everything now based on just the silver/gold content ?
And where is the best place to verify values ?
I know when I got these in the 70's we used a red book.
But some of it well circulated. Others uncirculated. Some proof sets and mint sets.
Plenty of wartime silver which I imagine is silver value.
Rolls and rolls of uncirculated 1943 steel pennies. Tons of Indian head pennies, 1909 VDBs ect. Oldest thing I remember having was 1835 half dimes.
I know what the gold double eagles are worth today and silver doller values as well.
What I am asking is are the values as just collectables holding up.
Or is everything now based on just the silver/gold content ?
And where is the best place to verify values ?
I know when I got these in the 70's we used a red book.
Posted on 2/14/12 at 3:15 pm to Kajungee
You should join your local PCGS chapter or you can visit this link here.
https://www.coinflation.com/
As for the numismatic value of coins... In the long run, if things hit the fan, that goes totally out the window and they become worthless.. Imho be sure to sell all of your numismatic coins within 5-7 years.
https://www.coinflation.com/
As for the numismatic value of coins... In the long run, if things hit the fan, that goes totally out the window and they become worthless.. Imho be sure to sell all of your numismatic coins within 5-7 years.
Posted on 2/14/12 at 3:19 pm to I Love Bama
I feel your angst. As soon as coin currency was debased people starting pocketing the silver quarters, dimes, nickels, and half dollars as soon as they received one at a grocery market and within 1 or 2 years, they were completely out of circulation.
The only way you will find them is if you go on ebay or a local dealer selling 90% junk silver or some other online merchant like Gainesville coins.
And then the person that buys it keeps it in a safe in his house, buries it in his backyard, or puts it in his bank (the most risky of the 3 imo).
You can also have them stored in offshore depositories like the Perth Mint or Goldmoney. The First State Depository in Delaware has a storage program and are pretty reliable, but there are storage fees. Point is, there is no 100% safe play when it comes to storing your percious metals. The best option is to diversify your holdings in out of country accounts and maybe more local banks or credit unions that you can possibly get to before real panic sets in.
The only way you will find them is if you go on ebay or a local dealer selling 90% junk silver or some other online merchant like Gainesville coins.
And then the person that buys it keeps it in a safe in his house, buries it in his backyard, or puts it in his bank (the most risky of the 3 imo).
You can also have them stored in offshore depositories like the Perth Mint or Goldmoney. The First State Depository in Delaware has a storage program and are pretty reliable, but there are storage fees. Point is, there is no 100% safe play when it comes to storing your percious metals. The best option is to diversify your holdings in out of country accounts and maybe more local banks or credit unions that you can possibly get to before real panic sets in.
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