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shoebox of - .10, .25, .50, 1.00



 
 
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  #21  
Old December 17th 12, 09:14 PM posted to rec.collecting.coins
Duh_Oz
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Posts: 151
Default shoebox of - .10, .25, .50, 1.00

When my mother passed away earlier this year I went to close out the
safety deposit box and split any silver coins with the siblings. 96
90% halves(a few walking libs were the oldest ones) and 223 40%
halves. Some stray pre-1965 quarters and a few Morgan & peace bucks
also. No idea if any of them sold their share for melt and if so,
what they got for them.

Either my father or mother must have thought 1965 - 1968 quarters were
also 40% as there was a bag of them also.
Ads
  #22  
Old December 17th 12, 10:23 PM posted to rec.collecting.coins
oly
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Posts: 3,111
Default shoebox of - .10, .25, .50, 1.00

On Dec 17, 2:14*pm, Duh_OZ wrote:
When my mother passed away earlier this year I went to close out the
safety deposit box and split any silver coins with the siblings. * 96
90% halves(a few walking libs were the oldest ones) and 223 40%
halves. * Some stray pre-1965 quarters and a few Morgan & peace bucks
also. * *No idea if any of them sold their share for melt and if so,
what they got for them.

Either my father or mother must have thought 1965 - 1968 quarters were
also 40% as there was a bag of them also.


Not especially responding to you, Duh Oz, but I'd still contend that
if you have as few as three or four (or more) 90% silver halves,
nowadays you could justify the cost of the Red Book if you don't
normally buy one.

If the bag of early clad quarters was solid dated and uncirculated, I
think you could find somebody who would give you more than face.

oly
  #23  
Old December 17th 12, 10:33 PM posted to rec.collecting.coins
ps56k
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Posts: 19
Default shoebox of - .10, .25, .50, 1.00


"oly" wrote in message news:c798ba6d-7b93-4809-ad34-Just
FYI, the 40% silver Kennedys run 1965 through 1969.

Kennedys dated 1971 and 1972 are totally copper-nickel and are super
common.
----------

So - looking at Wiki -

Halfs -
walking liberty - 1916 - 1947 = 90%
franklin - 1948 - 1963 = 90%
kennedy - 1964 = 90%
kennedy - 1965 - 1970 = 40%
kennedy - 1971 - present = clad

Quarter -
washington - 1932 - 1964 = 90%
washington - 1965 - present = clad

Dimes -
mercury - 1916 - 1945 = 90%
fdr 1946 - 1964 = 90%
fdr 1965 - present = clad





  #24  
Old December 17th 12, 10:49 PM posted to rec.collecting.coins
oly
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Posts: 3,111
Default shoebox of - .10, .25, .50, 1.00

On Dec 17, 3:33*pm, "ps56k" wrote:
"oly" wrote in message news:c798ba6d-7b93-4809-ad34-Just

FYI, the 40% silver Kennedys run 1965 through 1969.

Kennedys dated 1971 and 1972 are totally copper-nickel and are super
common.
----------

So - looking at Wiki -

Halfs -
* walking liberty - 1916 - 1947 = 90%
* franklin - 1948 - 1963 = 90%
* kennedy - 1964 = 90%
* kennedy - 1965 - 1970 = 40%
* kennedy - 1971 - present = clad

Quarter -
* washington - 1932 - 1964 = 90%
* washington - 1965 - present = clad

Dimes -
* mercury - 1916 - 1945 = 90%
* fdr * * *1946 - 1964 = 90%
* fdr * * * 1965 - present = clad


Your list from wiki is going to hold true over 99% of the time. The
only exceptions are certain coins produced in sets or other special
packaging for collectors.

The 1970 dated Kennedy half dollars were only produced in sets for
collectors too, so effectively your date range for 40% silver Kennedys
is 1965 through 1969.

oly
  #25  
Old December 18th 12, 04:50 AM posted to rec.collecting.coins
Bremick
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Posts: 641
Default shoebox of - .10, .25, .50, 1.00

"oly" wrote in message
...

On Dec 17, 2:14 pm, Duh_OZ wrote:
When my mother passed away earlier this year I went to close out the
safety deposit box and split any silver coins with the siblings. 96
90% halves(a few walking libs were the oldest ones) and 223 40%
halves. Some stray pre-1965 quarters and a few Morgan & peace bucks
also. No idea if any of them sold their share for melt and if so,
what they got for them.

Either my father or mother must have thought 1965 - 1968 quarters were
also 40% as there was a bag of them also.


Not especially responding to you, Duh Oz, but I'd still contend that
if you have as few as three or four (or more) 90% silver halves,
nowadays you could justify the cost of the Red Book if you don't
normally buy one.
-------

I'm not sure I agree how you would benefit by spending your take from
selling a few 90% half dollars on a Red Book if you don't normally buy one,
never collected coins, and are just looking to cash in some inherited coins.
I do agree that the Red Book is probably the biggest buy for the buck for
anyone who does plan to become a collector. I used to buy one every year
until I had memorized all the prices. I still have my original 1953
somewhere. I knew I could never afford that $12.50 SVDB listed in there.



  #26  
Old December 18th 12, 05:53 AM posted to rec.collecting.coins
oly
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Posts: 3,111
Default shoebox of - .10, .25, .50, 1.00

On Dec 17, 9:50*pm, "bremick" wrote:
"oly" *wrote in message

...

On Dec 17, 2:14 pm, Duh_OZ wrote:

When my mother passed away earlier this year I went to close out the
safety deposit box and split any silver coins with the siblings. * 96
90% halves(a few walking libs were the oldest ones) and 223 40%
halves. * Some stray pre-1965 quarters and a few Morgan & peace bucks
also. * *No idea if any of them sold their share for melt and if so,
what they got for them.


Either my father or mother must have thought 1965 - 1968 quarters were
also 40% as there was a bag of them also.


Not especially responding to you, Duh Oz, but I'd still contend that
if you have as few as three or four (or more) 90% silver halves,
nowadays you could justify the cost of the Red Book if you don't
normally buy one.
-------

I'm not sure I agree how you would benefit by spending your take from
selling a few 90% half dollars on a Red Book if you don't normally buy one,
never collected coins, and are just looking to cash in some inherited coins.
I do agree that the Red Book is probably the biggest buy for the buck for
anyone who does plan to become a collector. *I used to buy one every year
until I had memorized all the prices. *I still have my original 1953
somewhere. *I knew I could never afford that $12.50 SVDB listed in there.


My original Red Book was a 1966 - I have a big run of old hardcovers
down in the basement. The 1966 version is laughable compared to
today's book. The Red Book has become an truly exceptional and much
more valuable book in the last ten years or so (I just hope they don't
scrimp on the quality of printing the photos - I've noticed some
recent decline in the quality of the photo printing in some of the
"Red Book" specialty guides).

Mr. Remick, the coin community is full, absolutely full of filthy
sharks. People who won't work, who are lazy, who are congenital
liars, who are sociopaths and above all, who have no money (capital).
People who will pay you $20 (or less) for an 1893-CC Morgan dollar if
you let them. On a good day, out of every ten people floating about
this "hobby", there is one real collector, one trustable coin dealer,
five dealer wanabees and twenty-seven and one-half filthy sharks -
again, for every ten people - floating about this giant cesspool. I
do not exagerate.

Information is absolutely the only way to protect yourself. The Red
Book has the U.S. coin best information in a single source at the
present time. You can get a Red Book for about the price of a single
average 90% silver half dollar. If you have a bag full of such coins,
why would you expose yourself to getting screwed royally up the ass
just because you won't spend a one-off $14??????????

Such an attitude is penny wise and pound foolish. And all the
opportunists out there just love that attitude.

And, the OP shouldn't even trust me without doing some studying on his
own part. Get a Red Book!!!

oly

P.S. My "bargain" coin dream (compared to your 1909 SVDB for $12.50)
is a picture that I found on the internet - three Mex Centenarios -
each in an old paper 2 X 2 from circa 1968 - each is marked $79.00
"firm". OMG, how far the U.S.A. has slipped in 45 years.
  #27  
Old December 18th 12, 06:11 AM posted to rec.collecting.coins
Frank Provasek
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Posts: 859
Default shoebox of - .10, .25, .50, 1.00

SIlver coins withdrawn from circulation in the late 1960s (dated 1935
or so up to 1964)
are generally worth only their value as silver. This link has the
current values. A dealer will pay
about 10% less, and sell for 0% to 10% over these prices.

http://www.coinflation.com/silver_coin_values.html




  #28  
Old December 18th 12, 06:50 AM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default shoebox of - .10, .25, .50, 1.00

On Dec 17, 11:11*pm, Frank Provasek wrote:
SIlver coins withdrawn from circulation in the late 1960s (dated 1935
or so up to 1964)
are generally worth only their value as silver. *This link has the
current values. *A dealer will pay
about 10% less, and sell for 0% to 10% over these prices.

http://www.coinflation.com/silver_coin_values.html


If it's not a coin show or flea market weekend, I tend to look at the
weekly advertisement of "Covina Coin & Jewelry" in the classified
sections of NN (Coin World too, I think).

This week's ad (12/18/2012) on page 55 of NN says 23.00 times face
value for 90%; 9.0 times face value for 40%; both when spot silver is
$33.61 (at this moment it about forty cents lower).

This seems to me to be a small bump in the premium compared to a few
weeks back.

Now, I've bought a little from these folks; but never shipped them
anything. So this is not an endorsement, just pointing out a regular
advertiser who makes lots of easy-to-look-up market quotes in a
regular list of items. But happily, I don't have to ship, Springpatch
has a good market for silver - and I'm not selling any silver
anyhoots. In the foreseeable future, the sky is the limit for PMs -
at least if priced in USD.

I'd generally argue with your % spreads Frank. Very very few dealers
work it that tight, although some might. You are trying to make it
all seem respectable, when of course it is a dirty, cut-throat, in-the-
trenches business.

oly

Gonculate a half dollar...
0.36 times 33.61 = $12.09 melt me
dealer offer $23.00 divided by 2 = $11.50
59 cents behind melt
59 cents divided by $12.09, times 100 = 4.88% behind melt (or 5% if I
round my numbers the other direction), a very tight spread if my math
is right...
Would guess this coin buyer has a strong premium bid from somewhere...

At the flea market last weekend, I got a bunch of decent to nice
Franklins for $12.50 and was happy. Two months ago, the same guy sold
me unc/proof Franklins at $14.00 per.
  #29  
Old December 18th 12, 03:56 PM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default shoebox of - .10, .25, .50, 1.00

On Dec 17, 11:50*pm, oly wrote:
On Dec 17, 11:11*pm, Frank Provasek wrote:

SIlver coins withdrawn from circulation in the late 1960s (dated 1935
or so up to 1964)
are generally worth only their value as silver. *This link has the
current values. *A dealer will pay
about 10% less, and sell for 0% to 10% over these prices.


http://www.coinflation.com/silver_coin_values.html


If it's not a coin show or flea market weekend, I tend to look at the
weekly advertisement of "Covina Coin & Jewelry" in the classified
sections of NN (Coin World too, I think).

This week's ad (12/18/2012) on page 55 of NN says 23.00 times face
value for 90%; 9.0 times face value for 40%; both when spot silver is
$33.61 (at this moment it about forty cents lower).

This seems to me to be a small bump in the premium compared to a few
weeks back.

Now, I've bought a little from these folks; but never shipped them
anything. *So this is not an endorsement, just pointing out a regular
advertiser who makes lots of easy-to-look-up market quotes in a
regular list of items. *But happily, I don't have to ship, Springpatch
has a good market for silver - and I'm not selling any silver
anyhoots. *In the foreseeable future, the sky is the limit for PMs -
at least if priced in USD.

I'd generally argue with your % spreads Frank. *Very very few dealers
work it that tight, although some might. *You are trying to make it
all seem respectable, when of course it is a dirty, cut-throat, in-the-
trenches business.

oly

Gonculate a half dollar...
0.36 times 33.61 = $12.09 melt me
dealer offer $23.00 divided by 2 = $11.50
59 cents behind melt
59 cents divided by $12.09, times 100 = 4.88% behind melt (or 5% if I
round my numbers the other direction), a very tight spread if my math
is right...
Would guess this coin buyer has a strong premium bid from somewhere...

At the flea market last weekend, I got a bunch of decent to nice
Franklins for $12.50 and was happy. *Two months ago, the same guy sold
me unc/proof Franklins at $14.00 per.


The guy at the flea market pays $5.00 or less for his half dollars.
He shows me some of the deals he buys. He buys the coins from Widows
and from people who don't have a Red Book. After the transactions,
the Widows send him "Thank You" cards and small homemade cakes and
other baked goods. None of these snacks have contained any poisons -
yet.

oly
  #30  
Old December 18th 12, 05:29 PM posted to rec.collecting.coins
sgt23
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Posts: 816
Default shoebox of - .10, .25, .50, 1.00

On Dec 18, 9:56*am, oly wrote:
On Dec 17, 11:50*pm, oly wrote:









On Dec 17, 11:11*pm, Frank Provasek wrote:


SIlver coins withdrawn from circulation in the late 1960s (dated 1935
or so up to 1964)
are generally worth only their value as silver. *This link has the
current values. *A dealer will pay
about 10% less, and sell for 0% to 10% over these prices.


http://www.coinflation.com/silver_coin_values.html


If it's not a coin show or flea market weekend, I tend to look at the
weekly advertisement of "Covina Coin & Jewelry" in the classified
sections of NN (Coin World too, I think).


This week's ad (12/18/2012) on page 55 of NN says 23.00 times face
value for 90%; 9.0 times face value for 40%; both when spot silver is
$33.61 (at this moment it about forty cents lower).


This seems to me to be a small bump in the premium compared to a few
weeks back.


Now, I've bought a little from these folks; but never shipped them
anything. *So this is not an endorsement, just pointing out a regular
advertiser who makes lots of easy-to-look-up market quotes in a
regular list of items. *But happily, I don't have to ship, Springpatch
has a good market for silver - and I'm not selling any silver
anyhoots. *In the foreseeable future, the sky is the limit for PMs -
at least if priced in USD.


I'd generally argue with your % spreads Frank. *Very very few dealers
work it that tight, although some might. *You are trying to make it
all seem respectable, when of course it is a dirty, cut-throat, in-the-
trenches business.


oly


Gonculate a half dollar...
0.36 times 33.61 = $12.09 melt me
dealer offer $23.00 divided by 2 = $11.50
59 cents behind melt
59 cents divided by $12.09, times 100 = 4.88% behind melt (or 5% if I
round my numbers the other direction), a very tight spread if my math
is right...
Would guess this coin buyer has a strong premium bid from somewhere...


At the flea market last weekend, I got a bunch of decent to nice
Franklins for $12.50 and was happy. *Two months ago, the same guy sold
me unc/proof Franklins at $14.00 per.


The guy at the flea market pays $5.00 or less for his half dollars.
He shows me some of the deals he buys. *He buys the coins from Widows
and from people who don't have a Red Book. *After the transactions,
the Widows send him "Thank You" cards and small homemade cakes and
other baked goods. *None of these snacks have contained any poisons -
yet.

oly


Good old Capitalism, screwing the next guy so he can drive a hummer,
pay for his wife's yearly tit job and afford him a vacation to some
country where pedophilia is legal. Most dealers care nothing about the
hobby, that is what I've learned from my twelve years as a collector.
Don't get me wrong their are a few who do, but they are far and in
between.
 




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