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- - Numismatic values of older 90% US coins? Worth it? (http://goldismoney.info/forums/showthread.php?t=15513)

Pizza Man | 12-06-2004 04:00 AM
Numismatic values of older 90% US coins? Worth it? What are peoples thoughts on the older 90% US coins such as; walking liberty halves, franklin halves, standing liberty quarters, etc... Personally I just think they look cooler then then the run of the mill 1964 junk silver. I know I shouldent do it but I just want to dump all them in a big chest and pretend I'm a pirate, ARGGG MATEY. Lol anyway. I dont mind paying 50 cents over spot for franklins, walking/standing libertys, etc..I havent really gotten into the grading and mint marks and what not yet so there value is purely silver content to me right now. Any one else collect the older 90% Do you think its worth the premium over 1964ish coins?

Bullionaire | 12-06-2004 05:03 AM
Re: Numismatic values of older 90% US coins? Worth it? Don't waste your money..there are bazillions of franklins and walkers and mercs out there...when it comes to cash in time they all melt the same...if you want to collect, how about a type set of one of each coin style struck say from 1800-1900..that would be fun and appreciate in value...get a redbook coin guide and let your imagination run wild....gltu

AuNuggets | 12-06-2004 12:20 PM
Re: Numismatic values of older 90% US coins? Worth it? 1 Attachment(s) Ditto Bullionaire's comments...... there is no "numismatic" value to the coins you describe. If you are really interested in historic coins of collector value, consider collecting type coins or other historical coins that are not so commonplace. I personally collect and study Spanish Colonial cob coinage (the REAL pirate stuff :rolleyes: ) and enjoy such items for their historical significance, but not their "bullion value" which is just a small percentage of their actual monetary value as collectibles. These are more a sideline of my bullion investments, more on the hobby side than something I expect to make money on, though I am always on the lookout for nice pieces as opposed to the usual sea-salvaged treasure coin garbage you normally see for sale and carefully compiled collections do tend to hold or increase in value over the years. Truly nice cob coins are very scarce, and the kids get a kick out of seeing "real pirate treasure coins" such as those depicted in the movies (Goonies and Pirates of the Carribean are two favorites).

ajrocks | 12-06-2004 01:53 PM
Re: Numismatic values of older 90% US coins? Worth it? I disagree, I think that if you buy the certified coins thn they will appreciate. Some of the walkers I bought a year ago have almost doubled. Also AuNuggets, I justot ino the reals, escudos/Doubloons, is there anywhere I can get more info on them or are there any good books :rock:

MtnValley | 12-06-2004 02:20 PM
Re: Numismatic values of older 90% US coins? Worth it? Another consideration: the older the 90% coin, the longer it likely was in circulation...and therefore the more worn it's likely to be. If you go to sell to a dealer and they pay by weight instead of count, it could make a difference. To my understanding, '64 Kennedys generally have lots less wear as many were hoarded soon after issue (given the timing of the govt decision to phase out silver content in coins, plus that being the first year of the Kennedys' issue).

lhslancers | 12-06-2004 02:26 PM
Re: Numismatic values of older 90% US coins? Worth it? Pay on 715 oz per bag.

AuNuggets | 12-06-2004 02:26 PM
Re: Numismatic values of older 90% US coins? Worth it? 1 Attachment(s) We are talking strictly the circulated (non-certified) "junk silver" coins, not the certified mint state coins. But even with those, there are ALOT of them available..... they are not rare at all, sans the key dates and certain varieties such as overdates or high-end "grade rarities" in MS-67/68/69/70 levels. A good starting book on the cobs is The Practical Book Of Cobs by Daniel Frank Sedwick. Very good primer information if you can find a copy. Another one for general type collecting of the Spanish escudos/reales is SPAIN, PORTUGAL AND THE NEW WORLD by Krause-Mishler. Also, here is a link to some good overall information on these types of coins that you might find interesting: http://www.coinsite.com/content/articles/Spanish.asp

ajrocks | 12-06-2004 02:45 PM
Re: Numismatic values of older 90% US coins? Worth it? Thank-you, finally a reply with info!!!!!!!!!!!!!! glad I found this site:getdown:

lhslancers | 12-06-2004 02:49 PM
Re: Numismatic values of older 90% US coins? Worth it? Try Google next time. It's a lot quicker.

SilverStreak | 12-07-2004 12:22 AM
Re: Numismatic values of older 90% US coins? Worth it? Being a PM dealer in Mpls Mn from 77 to 85 we did pay a small premium for BU bags of 90% or even AU bags of 90% and we received a few hundred dollars per bag more for those coins and they were the easiest to get rid of to our list of 37 potential bag buyers----and other dealers liked to get them also so if you have a choice over regular circulated bags and some BU bags and the price differential is not over a few hundred dollars per bag then buy them as they will always carry the premium with them and will be the easiest to sell in a silver spike and those bags will have approximately 5 oz. more silver in them as they will be very very close to 720 oz per bag so how much more is a bag when silver is at a hundred per oz.??????????????????????????????????????????????? ????????

Libertarian_Guard | 12-07-2004 09:05 AM
Re: Numismatic values of older 90% US coins? Worth it? Junk silver is just silver by weight. However I can agree that a SMALL premium is in order for BU 90% as well as mercury dimes and Franklin halves. As a matter of personal preference I would not cough up any extra fiat for walker halves�..they are commonly worn out to the point of making the date unreadable. It�s not that anyone needs to read the date, but think of how much silver has been worn away. The Franklins were not issued in proportion to dimes and quarters from 58 to 63. Their mintage numbers were low. 1955 was an unusually low mintage for the Franklins�..less than 1 million. Franklins were only issued in 90% silver coinage. Unlike quarters, dimes and Kennedy�s, which from reading this site, seem to have confused a few as to the correct percentage of silver. Although to me the entire issue as to what percentage of silver is in a given coin should be no more difficult than being able to differentiate from the different types of milk. Whole, 2%, 1% and skim.

l_wo0 | 12-08-2004 07:05 PM
Re: Numismatic values of older 90% US coins? Worth it? 90% bags are the best way to go for many reasons. They usually sell for under spot -- per oz. They are not a rare find and have no numismatic value, in a time of economic trouble they will probably pick up a permium but as of now they have none. The people who claim that they won't be accepted for money in a depression are absolutely wrong. We (America) cannot go back to a PM based currency, there isn't enough silver or gold in the world to sustain or economy, and we have hardly any silver in the world left at all. Your average citizen cannot even afford gold. If silver explodes as it should then silver will be for an investment, we'd sell it and use the new fiat money to buy food, maybe we could even barter, but we will probably never be able to use silver/gold as a currency again. If we need pure silver for some reason, instead of 90%, then we will always be able to melt it down; not like the foundries are going out of business, with all the melting that will be going on, lol. We are going to watch a movie about the central bankers/economy. See ya'll Louis

l_wo0 | 12-08-2004 07:07 PM
Re: Numismatic values of older 90% US coins? Worth it? Oh, and if you buy from a bigger dealer you will probably end up with close to $1000 face I think. Alright it started by all, Louis

Pizza Man | 12-12-2004 02:45 PM
Re: Numismatic values of older 90% US coins? Worth it? Well I just found out a little while ago that I was paying way to much for older halves on Ebay. I feel kinda bad but I think I screwed a few people out of ebay auction payments after the price correction, owell. Ebay account #5042576786454645646546543453658689785547646854754 564564563 banned. www.apmex.com has rolls of walkers for like $52 now.

negative1 | 01-20-2005 12:36 AM
Re: Numismatic values of older 90% US coins? Worth it? Quote:
Originally Posted by AuNuggets I personally collect and study Spanish Colonial cob coinage (the REAL pirate stuff :rolleyes: ) and enjoy such items for their historical significance, but not their "bullion value" which is just a small percentage of their actual monetary value as collectibles.
I think that there are a bunch of us here that have a collection of coins on the side. I like ancient Greek coins... http://www.moobak.com/users/images/Lysimachus%201.JPG http://www.moobak.com/users/images/Lysimachus%202.JPG -1

onepence | 01-20-2005 01:43 AM
Re: Numismatic values of older 90% US coins? Worth it? I am going with the newest of the new .... don't think I would ever cash her in ... oneness dh >>>>>>>> saw this image on ebay http://i5.ebayimg.com/02/i/03/2e/9a/22_2.JPG and it was like wow .... who is she so I did some d&d .... SCARCE NAGORNO-KARABAKH COINS http://www.joelscoins.com/russia2.htm#nagorno-karabakh Nagorno-Karabakh is an ethnically Armenian enclave of Azerbaijan. Upon the breakup of the Soviet Union in 1991, both Armenia and Azerbaijan became independent, with Nagorno-Karabakh becoming part of Azerbaijan. Soon fighting broke out .... >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> further details of my search for a single world currency http://www.investorsiraq.com/showthr...7217#post37217

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