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1945V
Penny Pincher Member
Canada
153 Posts |
 Posted - 02/11/2010 : 12:55:25
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Poll Question:
Where do you think most silver coins in circulation come from before we find them ?
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Edited by - 1945V on 02/11/2010 12:58:22 |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 02/11/2010 : 13:01:45
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| I really think that it is a bit of all the above. |
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cecropia_moth
Penny Pincher Member
USA
222 Posts |
Posted - 02/11/2010 : 14:05:03
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I think the vast majority come from someone died and relative cashed in their hoard. Lesser amounts (but still significant) would be your circulation/escaped detection and stolen property angles.
In the case of half dollars since they are not in circulation I can see vast numbers of old bags sitting in Treasury/Federal Reserve vaults.
Jeff |
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garnede
Penny Collector Member
USA
386 Posts |
Posted - 02/11/2010 : 15:36:52
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| All of the above. Primarily dead peoples hoard and theft, but some ignorance. Some people just don't know what it is worth so if they are given one they might just spend it. |
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toomuchcopper
Penny Collector Member
USA
406 Posts |
Posted - 02/11/2010 : 15:46:41
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| the 40% I think are more apt to have been in circulation...most people know the before 1964 rule....the 40%ers are an exeption to the rule |
visit www.crazycoinguy.com
for information on how to sort, what to sort, and sorting equipment. We also sell copper pennies in bulk, and other coins. |
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psi
Penny Collector Member
Canada
399 Posts |
Posted - 02/11/2010 : 17:56:42
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| I think a lot of silver probably goes back and forth between brief circulation and long periods in change jars without getting noticed. All it takes is for someone to dump the day's change in the jar without looking and it could be there for years. When I find a single circulated looking silver dime in a roll of recent coins, I figure it has probably changed hands at least a few times since anyone last noticed what it was. Other ones obviously have spent very little time in circulation since leaving the hands of someone who knew their value and stored them properly. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 02/11/2010 : 18:14:13
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| All of the above - or the Silver Santa. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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bman
Penny Collector Member
USA
425 Posts |
Posted - 02/11/2010 : 18:43:21
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I don't really care where they come from....I just smile from ear-to-ear when I find them |
check out my coins for sale on ecrater : http://bmanscoinsforsale.ecrater.com/ |
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marine70
Penny Pincher Member
USA
150 Posts |
Posted - 02/12/2010 : 16:22:25
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| I think alot of young people either steal them,or borrow them from grampa. Alot of the convience stores get them for cigarettes etc. |
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GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 02/13/2010 : 00:08:47
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| From people selling/spending off their coin collections...... |
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Cody8404
Penny Hoarding Member
USA
602 Posts |
Posted - 02/13/2010 : 21:53:16
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If you have noticed the same. Recently I have seen an increase recently. I think some are also related to people breaking open thier piggy banks to make ends meet. They turn in all they have and don't know they have been hoarding real money.
When I was young my mother she saved half dollars. Every week she would put 1-3 into a bank. The bank is still there and she filled it up by 1970. Any idea what is in there? She has threatened to turn it into the bank. I have told her there is more real money in it than in her 401K. She thinks I am nuts, but there it sits, just taunting me. |
Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ. |
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Pachucko
Penny Sorter Member
USA
43 Posts |
Posted - 02/14/2010 : 20:46:04
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| Voted for the dead relative, but it's probably several sources. |
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fb101
Administrator
USA
2856 Posts |
Posted - 02/14/2010 : 20:56:27
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| A little bit of all. I think a lot of people don't go to the effort to find a dealer if they've only got a few. |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 02/14/2010 : 21:04:52
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| A lot of coin collections are raided by kids and spent. I can't see many logical reasons to see a Franklyn in circulation these days. Of course as fb101 said, a little bit of it all could be the reasons. |
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Think positive. |
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Dumpster Diver
Penny Collector Member
USA
474 Posts |
Posted - 02/14/2010 : 21:05:21
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quote:
Originally posted by jadedragon
All of the above - or the Silver Santa.
He's real jade...I can feel it in my heart  |
"You're not really gonna throw that out...are you"? |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 02/15/2010 : 09:48:47
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| You forgot to include the choice of counterfeit production. But other seems to include any and all of the above. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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johnbrickner
Penny Pincher Member
154 Posts |
Posted - 02/15/2010 : 20:35:39
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| Mostly I would say from stolen, relative dieing, child snaking from parents stash. Bank tellers tell me people coming in at the end of the month cashing in rolls has increased many fold. Guess where I am at the end of the month?? |
"I Killed the Bank" from the tombstone of Andrew Jackson |
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oldBPman
Penny Sorter Member
83 Posts |
Posted - 02/16/2010 : 07:02:01
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| kids, house cleaners,baby sitters grab a dime here and a quarter there,moving company personal who work hard for minimum wage and pick up what they can get away with, a few silver quarters means nothing to a chain smoker when they're out. |
Edited by - oldBPman on 02/16/2010 11:03:50 |
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 02/16/2010 : 19:28:58
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| I think most come from dead or incapacitated elders' coin jars. But when I first started this obcession a few years back, I got some beautiful AU Franklins that still had rubber cement on the backs out of a box --- so at least some come from grandkids raiding the old man's collection for candy money. I don't think silver halfs have been in circulation undetected, because the silver quarters by contrast are almost all gone. Dimes are harder to recognize, but the size of the quarter and the half are big enough to make a noticable difference to the causual eye. Quarters circulate, and are almost devoid of silver. Halfs don't circulate much, and a few silver ones dumped from the elder's coin jar show up. Or so I think. |
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Where do silver coins in circulation come from ?
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