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Old silver coins, what to do with them?

Posted on 8/5/23 at 12:22 am
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36776 posts
Posted on 8/5/23 at 12:22 am
Just hold on to them?


My grandfather saved a bunch and when he passed everyone in the immediate family got a share.

I've somewhat held them for sentimental value/(I think they are cool)... but more so just cause I haven't researched what to do with them.

I know I need to go through them and check for any rare ones that might be extra valuable. Anyone got a good online source for that by chance?

After that I know they are worth a decent amount just for the silver in them.

Quarters, dimes, nickles, half dollars, dollars, etc... if they made it there are some in there pretty much.

Thanks.



This post was edited on 8/5/23 at 12:23 am
Posted by Classy Doge
Member since Nov 2021
4538 posts
Posted on 8/5/23 at 12:48 am to
quote:

Old silver coins, what to do with them?


DO NOT deposit them at Sofi Bank lol.
Posted by Skervix
Member since Aug 2018
219 posts
Posted on 8/5/23 at 2:35 am to
I'd keep them as they'll hold value (silver) pretty well and be good to pass sown to your heirs. If space is a concern, then I'd look for errors and sell the rest to your local coin shop.
Posted by cadillacattack
the ATL
Member since May 2020
9642 posts
Posted on 8/5/23 at 4:27 am to
Pre-1964 US coinage typically contains 90% silver. (Not the nickels) Dealers refer to this as “junk silver”

The current value is about 19 times face value …. and regularly fluctuates based on the market spot price of silver.

https://comparesilverprices.com/
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 8/5/23 at 7:57 am to
Hold them. I’ve held every silver piece I’ve ever metal detected. Had a boss one time that would line up all his quarters in his hand and look for the one with a shiny edge.
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36776 posts
Posted on 8/5/23 at 8:34 am to
quote:

DO NOT deposit them at Sofi Bank lol.




Can't do cash deposits anyway.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148447 posts
Posted on 8/5/23 at 9:11 am to
Melt down and cast some silver bullets for the inevitable zombie and werewolf apocalypse
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11633 posts
Posted on 8/6/23 at 3:51 pm to
quote:

DO NOT deposit them at Sofi Bank
Can't do cash deposits anyway.


We can add to list that Sofi doesn’t even have safe deposit boxes. So you can’t put them in there either.

Why even bank with them?
This post was edited on 8/6/23 at 3:55 pm
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72947 posts
Posted on 8/6/23 at 8:45 pm to
Well-composed response.

I thought this was an old thread and your response was actually mine.



OP: Don’t sell it, just hang on to it.

Your Gramps probably thought of passing those coins down to you guys for the past 60 years as a tangible reminder of him to you guys.
Posted by 3D
NJ
Member since Sep 2013
1294 posts
Posted on 8/6/23 at 9:16 pm to
Look them up on Cointrackers.com
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