Any of your kids are interested in coin collecting?

[LittleM]

It's nice to see kids into collecting.  My kids are not but I was and have a nice collection.  My favorites were the Indian Head and Flying Eagle pennies. 

[Jerzguy2]

I have an S-VDB in the csollection I bought, but when I took it for an appraisal, I was informed that it was manufactured by a jeweler. Therefore, that collection wasn't worth near what I paid. One and only good investment, was the 55 double die I bought, but maybe that has gone down now too.

[hunterbob1]

10 minutes ago, Jerzguy2 said:

I have an S-VDB in the csollection I bought, but when I took it for an appraisal, I was informed that it was manufactured by a jeweler. Therefore, that collection wasn't worth near what I paid. One and only good investment, was the 55 double die I bought, but maybe that has gone down now too.

Jewlers were notorious for soldering in the s. Under a high-powered loop the appraiser can see it. It was also common to  copper coat a steel penny.I was offered a few,when I pulled out my little magnet out of my pocket they said nevermind.

Edited June 10, 2020 by hunterbob1

[OldPiney Woods]

Rusty, the really funny part of your story is what those silver dollars could have been worth. When silver prices are high any one of those coins would be worth a lot more than one dollar based on their silver content alone. I don't know when you unloaded those 6000 coins, but in 1980 silver was going for $48+ an ounce. Those coins then would have been worth around $280,000.  Even at todays current price of over $17 an ounce, those coins would be worth around $102,000. Oh well, we all suffer from hindsight.

[Nomad]

1 hour ago, OldPiney Woods said:

Rusty, the really funny part of your story is what those silver dollars could have been worth. When silver prices are high any one of those coins would be worth a lot more than one dollar based on their silver content alone. I don't know when you unloaded those 6000 coins, but in 1980 silver was going for $48+ an ounce. Those coins then would have been worth around $280,000.  Even at todays current price of over $17 an ounce, those coins would be worth around $102,000. Oh well, we all suffer from hindsight.

Maybe he had a bunch of Eisenhower non-silver dollars.

[OldPiney Woods]

Oh so maybe they were just dollar coins, not "silver" dollars. He didn't clarify that point in his response.

[flukebelly]

Jerzguy2

have both of the coins you mentioned

the 1955 double die in ms62 brown and the 09 s in ms 64 brown

bad news... both have gone down by 40% since last year.

i sold a complete Indian head cent collection and lost 4000 off of what i had put in it! All were au or better.

[flukebelly]

Coins are a great connection to our history - more young people really need to be exposed to the hobby.

here is one of my favorites - it was minted the year George Washington left office. I like to imagine who may have held this coin !

 

[flukebelly]

Nomad,

here’s something my daughter used to love doing...

go to the bank and buy a case of pennies or dimes, sort through them at home and take out any dates or types you are interested in

ex- wheat cents, mercury dimes , etc 

put in junk change ,and refill the wrappers

return to the bank and it never cost you a cent( or a dime) in fact you just made money on silver.

[Nomad]

1 minute ago, flukebelly said:

Nomad,

here’s something my daughter used to love doing...

go to the bank and buy a case of pennies or dimes, sort through them at home and take out any dates or types you are interested in

ex- wheat cents, mercury dimes , etc 

put in junk change ,and refill the wrappers

return to the bank and it never cost you a cent( or a dime) in fact you just made money on silver.

Good idea, thanks.

[Greybeard]

Don't say anything about the 1974 aluminum penny in there or the US mint will be coming for you.

[Greybeard]

13 minutes ago, flukebelly said:

Nomad,

here’s something my daughter used to love doing...

go to the bank and buy a case of pennies or dimes, sort through them at home and take out any dates or types you are interested in

ex- wheat cents, mercury dimes , etc 

put in junk change ,and refill the wrappers

return to the bank and it never cost you a cent( or a dime) in fact you just made money on silver.

Lakeland bank charges you 5% to count your change even if it's wrapped.  I spend it now instead of saving it.

Edited June 10, 2020 by Greybeard

[flukebelly]

Wells Fargo-no charge    Yet!

[flukebelly]

Here’s one from my hometown of Rahway n.j.

 

 

[Lunatic]

14 minutes ago, flukebelly said:

Here’s one from my hometown of Rahway n.j.

 

 

WHat do you mean from Rahway?