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JP_007
Penny Sorter Member
USA
58 Posts |
 Posted - 03/03/2009 : 08:03:31
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Hey everyone I was just wondering if anyone had any advice on at what point to consider a coin containing silver for its metal value over its numismatic value...I know the obvious answer is that it depends on the condition of the coin but as I am not a proficent grader I was wondering if there was perhaps a more generic way. I thought maybe by looking at the lowest grade description in the red book for the given coin and if the silver coin is below that grade I should consider it "junk" silver. Thanks in advance.
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 03/03/2009 : 14:15:46
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quote:
Originally posted by JP_007
Hey everyone I was just wondering if anyone had any advice on at what point to consider a coin containing silver for its metal value over its numismatic value...I know the obvious answer is that it depends on the condition of the coin but as I am not a proficent grader I was wondering if there was perhaps a more generic way. I thought maybe by looking at the lowest grade description in the red book for the given coin and if the silver coin is below that grade I should consider it "junk" silver. Thanks in advance.
Read any and everything you can find on the net and your local library.
Look for pictures!
Go to coin shows, museums and displays.
You'll get the idea where the line is pretty quick.
Some people make it their life's work and feel they still don't know. |
There's profit if you melt things!!
8{> |
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fb101
Administrator
USA
2856 Posts |
Posted - 03/03/2009 : 17:02:01
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| Yeah, I wouldn't just go by the 'G' grade. Some coins jump significantly between 'G' and 'F' |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
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wagsthadog
Penny Hoarding Member
USA
565 Posts |
Posted - 03/03/2009 : 23:37:35
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Hi there-
I used to only go for numismatic coins, and I still have my pre-33 gold, but as far as silver I'm strictly a pre-65 junk silver man. When silver goes to $20 or higher I'm selling my SAE's.
wags |
Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 03/03/2009 : 23:43:00
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My Canadian coin book lists all the silver coins either with a price or with a * to indicate silver value is more important. Of course when silver jumps, the line moves on some coins but its a guide.
You could also throw the nice looking coins in flips to be safe. |
“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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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 03/04/2009 : 00:43:09
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Well, I am mainly a numismatic person, myself. I consider the following coins to be held for bullion value:
Kennedy halves (90 and 40%)
Merc Dimes (as long as they are not BU or key/semi keys)
Roosevelt Dimes
Washington quarters (as long as they are not BU or key/semi keys)
War Nickels (unless is it is in very good condition. Most are not)
ALL of my Morgans are for numismatic value, unless they are torn apart. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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marklarpants
Penny Sorter Member
USA
58 Posts |
Posted - 03/05/2009 : 11:59:41
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| buy it for the silver...and if you want some old silver dollars buy the cheap ones! |
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Silver Coins, numismatic or silver value?
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