Coins

[Bald1]

Silver could double in price in the next year-that's what my investment advisor William Devane says. He's pretty good at this stuff-been at it for years. What you believe is of no concern to me.

The lady on the horse farm is pretty funny too. She says she can't see how our society won't collapse, so she buys gold……… all I can think is if it collapses someone is knocking you off your trusty stead and taking it along with your gold.

 

[CalifEd]

Funny you should start this topic.

I was cleaning out some corners of the house and found a penny collection my father started in the 1930's and continued with me.

There are a few Indian Head pennies and almost all of the Lincoln's from the 1909 through the 1960's plus a few more. Nothing too special, just a collection of coins found in a pocket or purse.

I have a GreatGrand Daughter and I am trying to pry her phone out of her hands by doing puzzles, books and other things.
Maybe I can interest her in a collection of 100 year old coins too.

 

[Golddollar]

The last gun show I attended a coin dealer said " I pay $3.00 for silver dollars." Of course I walked away.

To help prevent situations like this from succeeding, keep this in mind. A real U.S. silver dollar contains 0.77 troy ounces of silver. So the melt value of a real U. S. silver dollar when the spot price of silver is $32.00 per troy ounce would be $24.64. Smaller coins have proportionately less silver.

And as someone else alluded to, I would never melt down a silver coin. I have heard that coinage provides a premium value over strict melt, perhaps by the trust factor.

To me coins are works of art. I like to spread the Golden Dollars (and hopefully some joy) around.

 

[VM]

Here is a first year Lincoln cent that I just found in a coin book from a pawn shop purchase.
Pretty good condition for 116 years old

 

[mrchick]

Here is a first year Lincoln cent that I just found in a coin book from a pawn shop purchase.
Pretty good condition for 116 years old

Too bad it isn't the San Francisco Mint version. It would be worth a pretty penny [emoji1]

 

[PALADIN85020]

I have never collected coins. However, when my mom was somewhere in her 90s, I took it upon myself to find some U.S coinage that was minted in the year of her birth, 1912. I gave her these coins and she was thrilled - it brought back some early memories for her of the coinage that was common in her early childhood days. On her death in 2008, I found those coins that she had kept in a dresser drawer.

Today, they remind me of my mom, and that she had lived through some very eventful years. May God continue to bless her soul.

John

 

[Ματθιας]

My dad had a bunch of coins he'd collected over the years in a box he thought was hidden in the closet. I mean a bunch! There were a lot of pre-64 coinage.

One day, my mom comes in and asked my dad if he had any more change hidden away as she was heading to the laundromat(!). Turns out, she'd been using those coins for years for whatever. To say my dad was unhappy is an understatement!

My mom couldn't understand why he was so angry, to her it was just change. My dad tried to explain, but it fell on deaf ears. My would say, "it's just a quarter, get over it!"

I'm shaking my head, remembering the exchange. This was 30+ years ago.

 

[chief38]

I have two sets of 2 books each of States Quarters, complete plus extra's. Do these have any value over face value? I'm at the age where I'm cleaning out "stuff" so my kids have less of a mess to deal with when I'm gone.


Appreciate any info.

The short answer is no. If you have grandkids they might get a kick out of them, but they are worth nothing more than 25 cents. BTW, I have a few books filled with them as well.