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-   -   What are my chances? (http://goldismoney.info/forums/showthread.php?t=50954)

Mined Games 08-01-2006 07:47 PM

What are my chances?
 
I just dug out a box of rolled coins that I had stored away for a few years. I rolled all of the coins before I was aware of PM prices in general, and before I knew that pre 1965 coins contained silver.

I have 18 rolls of quarters and 10 rolls of dimes.

Do you think I'll get a silver coin out of this stash? I'd settle for just one because in the four months that I've been checking my change for pre '65 coinage, I have yet to come up with any silver.

As I write this I have checked 2 rolls of dimes and and 3 rolls of quarters without any luck.:confused:

Tn...Andy 08-01-2006 07:54 PM

Re: What are my chances?
 
I'll guess zero if the coins are from anytime in the last 20 years.

I've gotten ONE silver quarter, a 1959, in change in the last 10 years.....and I LOOK.

AgAuGal 08-01-2006 08:28 PM

Re: What are my chances?
 
Not good. I have only seen/heard of 4 90% (1 quarter/3 dimes) that other people got in change in the last 15 years. If you live in AZ or FL your odds increase a little. Since you do not have halves, no 40% can be expected. Good luck, let us know the results. Hope I'm wrong for you. Exciting to keep an eye out for them.

AgAuGal

silverwood 08-01-2006 08:38 PM

Re: What are my chances?
 
With dimes and quarters you have about the same odds as a snowball in hell. Now if you had half dollars... well there was about 1 billion 40% silver ones minted and not many people were aware of that fact. :Sorry:

The Great Ag 08-02-2006 01:36 AM

Re: What are my chances?
 
You might get a pre-65 silver dime. I have never seen a pre-65 silver quarter given in change.

Good luck. Hope you hit the jackpot.

The Great Ag

grizzlyduck 08-02-2006 02:04 AM

Re: What are my chances?
 
my wife was a waitress in a cafe for about 5 years. even with all the old people comming in she only managed to ever get 2 quarters and 1 dime. she probably brought home $1000s of dollars worth of change over the years.

Silverbach 08-02-2006 02:50 AM

Re: What are my chances?
 
The first time I ever see some pre-1965 dimes is when I bought the 90% silver bags from APMEX.

That brings a question. How many of you people out there reading this have silver dimes stashed away out of circulation, by family members during the 60's, or know some one who has done so? Or do all of you have to get silver dimes by purchasing recently?

Just wonder how many billions of such silver dimes are still out there stashed in private homes.

goldminer 08-02-2006 05:38 PM

Re: What are my chances?
 
I believe that the only Ag coins that show up in circulation anymore are ones that kids inappropriately appropreated from mom/'dad/grandma/grandpa, or ones that some crackheads stole from somebody's home and spent because they were ignorant of their Ag content and value.

IMO High silver prices and would-be buyers advertising in the 60's and then in the 80's sucked from circulation what coins remained.

Fiat Mutiny 08-02-2006 05:50 PM

Re: What are my chances?
 
Speaking of crackheads...

My banker told me, after I mentioned gold & silver, that a recent customrer brought in a $50 U.S. coin to exchange for cash. Another young bank clerk wasn't sure if it was money or not. I said, "That was a $50 gold eagle!" She says, "I know, I bought it off him for $50 and sold it for $700 the next day."

What a crackhead. He must have stolen it and never had a class in chemistry or numismatics.

This sounds like a joke, but I assure you it was told to me as a true story. I've considered taking a part time job at a bank.

By the way, my mom found a 1937 quarter in her change about 1 month ago. She at first thought it said "1987". She gave it to me. Only, because I have been educating her on "junk" silver though, was she aware.

graspAU 08-02-2006 06:30 PM

Re: What are my chances?
 
I have some old $1 US gold coins. Maybe I will go buy a couple of double cheese burgers and put them back in circulation..haha.

I have never found any 90% silver and I look at every coin I get. I am storing my nickels and pennies. The pennies are sorted copper vs zinc.

samwheat 08-02-2006 08:59 PM

Re: What are my chances?
 
i have a 1959 nickel ...... is it cash or trash?

gpond 08-02-2006 09:05 PM

Re: What are my chances?
 
Quote:

Originally Posted by goldminer (Post 318681)
I believe that the only Ag coins that show up in circulation anymore are ones that kids inappropriately appropreated from mom/'dad/grandma/grandpa, or ones that some crackheads stole from somebody's home and spent because they were ignorant of their Ag content and value.

IMO High silver prices and would-be buyers advertising in the 60's and then in the 80's sucked from circulation what coins remained.

Ditto, I must say. They start to show up more when times are hard.

gpond 08-02-2006 09:06 PM

Re: What are my chances?
 
Quote:

Originally Posted by samwheat (Post 318921)
i have a 1959 nickel ...... is it cash or trash?

Trash, methinks. :sorry:

Bullionaire 08-02-2006 11:52 PM

Re: What are my chances?
 
I remember finding an occaisional Barber silver coin in change back in late 50's....oops I am showing my age......

It was fun going to the bank in the very early 60's with a twenty dollar bill and buying silver dollars at face.....never found a rare one......it was fun though....



Sigh, those were the days..........

agnut 08-03-2006 12:28 AM

Re: What are my chances?
 
Funny, I can remember getting Indian pennies and buffalo nickels and Walker halves in change in the mid 1950s. I was living in Millington Tennessee, just outside Memphis. After that, change changed.

Aren�t we going through the same transition now with copper pennies disappearing and nickels destined

Ever notice that the government doesn�t mind throwing away billions but is thinking of ending the lowly penny because they are losing money in producing them ? The pennies are to the private citizen�s benefit to possess and that is what they are going after. The nickel will be next since it is already close to its metal content.

The point is that if someone were to have a million or more copper pennies, he could somewhat protect himself in a hyperinflationary scenario as what happened in 1922-3 Germany. In that time, people were using bundles of paper German Marks to heat their homes. But I read of a lady who had a large quantity of coin Marks and she did well in surviving through that Hell. Something to think about.

I recently got $50 of rolled pennies from my local bank. The teller said that there was a lady who regularly bought pennies and went through them. She marked the rolls and the teller told me that she would give me a couple of boxes that were unmarked so that I had an unchecked batch. So far, we have gotten about 20 percent copper pennies.

Don�t worry, I�m not the moron you may think I am (in spite of how and what I write); I just did this as an experiment. I have better things to do than sit for hours, hunched over a magnifier, rerolling thousands upon thousands of pennies. And you can forget dimes; I have only gotten two in change in the last ten years. Kennedy halves from 1965 to I think 1969 are 40% silver and might be worth a try. Might even make minimum wage doing so but I wouldn't count on it.

Best wishes,

agnut

Fiat Mutiny 08-03-2006 01:02 PM

Re: What are my chances?
 
Quote:

Originally Posted by scottp999 (Post 318747)
I have some old $1 US gold coins. Maybe I will go buy a couple of double cheese burgers and put them back in circulation..haha.

Ha, don't kid yourself. Those slick edumacated cashiers at the local burger joint will never let you get away with trying to pass off those relics for their great tasting burgers. I can see one patting himself on the back for stopping a counterfeiter, no less, the manager will also give him employee of the month for his efforts. They will however accept $200 bills with George Bush on the front.

http://money.cnn.com/2004/09/02/news/funny/200_bill/

http://www.freerepublic.com/forum/a3a771c156237.htm

Mined Games 08-07-2006 06:11 PM

Re: What are my chances?
 
Well, here are the results- I know the anticipation was probably killing everyone!

Drum roll please........

Nada. Zip. Shutout. No silver for MG!:cryin2:

One thing I noted as I sorted through the coins, however, was the large volume of 1965 quarters. Has anyone else noticed this? I guess they probably wanted to flood the country with non-silver coins in the 1st year of production, so they cranked up the mint to maximum output.

MT Silver 08-07-2006 06:16 PM

Re: What are my chances?
 
Quote:

Originally Posted by Mined Games (Post 324009)
One thing I noted as I sorted through the coins, however, was the large volume of 1965 quarters. Has anyone else noticed this? I guess they probably wanted to flood the country with non-silver coins in the 1st year of production, so they cranked up the mint to maximum output.

You must be right about that. Check out these mintage numbers: http://www.coinfacts.com/quarter_dol...onQuarters.htm

Over a billion in '65 - WOW!

MT Silver

MT Silver 08-07-2006 06:18 PM

Re: What are my chances?
 
Actually, looking through those mintage numbers, '65 was the biggest output.

<SLV> 08-07-2006 06:19 PM

Re: What are my chances?
 
Quote:

Originally Posted by Mined Games (Post 324009)
Well, here are the results- I know the anticipation was probably killing everyone!

Drum roll please........

Nada. Zip. Shutout. No silver for MG!:cryin2:

One thing I noted as I sorted through the coins, however, was the large volume of 1965 quarters. Has anyone else noticed this? I guess they probably wanted to flood the country with non-silver coins in the 1st year of production, so they cranked up the mint to maximum output.

I hope you realize you didn't have to look at all of the dates. All you need to do is unroll the coins and look at the edges. The silver coins really stand out from the clad.

I have a part time job with a company that sees a lot of change. I usually get at least one silver dime every day. Not many quarters, but I have had some days where I have gotten 10 or more dimes, so they're still out there.

Also, I was talking to a guy that works for a national coin processing company, and he told me that his company sorts out the silver coins automatically and resells them to recoup operating expenses. So your chances of unrolling coin you get from the bank in order to get 90% silver is almost nill.

demosfen 08-07-2006 07:10 PM

Re: What are my chances?
 
I found a wheat penny recently, does it count? I released it back into circulation

Ardent Listener 08-07-2006 07:16 PM

Re: What are my chances?
 
Quote:

Originally Posted by samwheat (Post 318921)
i have a 1959 nickel ...... is it cash or trash?

25% nickel-75% copper. Worth about 30% over its face value for its metal value.

MoonChakka 08-07-2006 07:28 PM

Re: What are my chances?
 
Quote:

Originally Posted by Ardent Listener (Post 324062)
25% nickel-75% copper. Worth about 30% over its face value for its metal value.

I save all my nickels. Sometimes, when I am in the mood, I even ask for my change in nickels in stores.

Nickels and copper pennies are the only honest money circulating in any numbers worth considering right now. I do my part to enforce Gresham's law by holding on to every one I get.

:clap2:

Ardent Listener 08-07-2006 07:55 PM

Re: What are my chances?
 
Quote:

Originally Posted by MoonChakka (Post 324073)
I save all my nickels. Sometimes, when I am in the mood, I even ask for my change in nickels in stores.

Nickels and copper pennies are the only honest money circulating in any numbers worth considering right now. I do my part to enforce Gresham's law by holding on to every one I get.

:clap2:

IMO copper pennies and nickels are honest money and I really don't think that the powers to be likes the idea of any kind of honest money being out there with their FRNs.

BTW, zinc cents is almost honest money too. But you knew that. I sometimes forget who you are. lol

goldurchin 08-30-2006 01:52 PM

Re: What are my chances?
 
I have never seen Ag in my US change although on two occasions I have gotten franks intead of quarters. I appreciate mistakes like that. I always check my change, you never know what you are going to find. Some of the mistake coins are worth more than the silver ones.

Tn...Andy 08-30-2006 02:13 PM

Re: What are my chances?
 
Only to someone that thinks mistakes are valuable. :rofl:

BamaJoe 08-30-2006 02:30 PM

Re: What are my chances?
 
Not much silver in ordinary change floating about. What little there is gets scooped up by tellers when it passes thru the banks. My wife is head teller at a local bank and tells the other tellers to bring all the old money to her (they are too uninformed to think it's worth anything). On the average she brings home about $50 face in 90% a year along with some 40% and every once in a while a old silver certificate that I like to hang on too. Usually it's a case of a kid cleaning out a parent's or grandparent's belongings after they pass and are dumb enough to bring it into the bank and change it for paper.

randymatt 08-30-2006 02:43 PM

Re: What are my chances?
 
I was talking to a lady just the other day who inherited a bunch of her grandma's coins, said she rolled it up and "turned it in":confused: :s: :hmmmm:

Ardent Listener 08-30-2006 09:49 PM

Re: What are my chances?
 
Quote:

Originally Posted by randymatt (Post 345160)
I was talking to a lady just the other day who inherited a bunch of her grandma's coins, said she rolled it up and "turned it in":confused: :s: :hmmmm:

Did you ask her when and where?:D

SirSilverOzzyyzzO 08-31-2006 05:37 AM

Re: What are my chances?
 
Quote:

Originally Posted by <slv> (Post 324019)
I hope you realize you didn't have to look at all of the dates. All you need to do is unroll the coins and look at the edges. The silver coins really stand out from the clad.

I have a part time job with a company that sees a lot of change. I usually get at least one silver dime every day. Not many quarters, but I have had some days where I have gotten 10 or more dimes, so they're still out there.

Also, I was talking to a guy that works for a national coin processing company, and he told me that his company sorts out the silver coins automatically and resells them to recoup operating expenses. So your chances of unrolling coin you get from the bank in order to get 90% silver is almost nill.

I'm not sure that holds entirely true? I have this silly thing I do, whenever I goto my two banks. I always ask if they have any, 1/2 dollar rollls (Sometimes they do and sometimes they don't). Nonetheless, when they do I take whatever they have. I wait till I accumilate $500.00 bucks worth(This way I'm not re-circulating and sifting through coins I just checked). I then check em all-The 74's 4 double dies, the 64's and any 40% ones. I re-deposit them in my 3rd. bank near my job and ask to get most of it back in cash-then check 4 star notes...

Three days ago I reached $500. With this last search I accumilated, 21 64's and 12 40% varied dates-Never did find a Double die 74. Granted the 21, 64's to date is the highest amount ever. Normally I average 7 silver coins total. I've been doin this for 14 years. Truth be told, the star notes are harder to get then the silver coins, with my system...

Lastly, I figured a lot of GIM members did the samething? Slow and steady wins the race-Happy hunting.:coolbeer:
</slv>


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Gold & Silver Forum - What are my chances?
Gold & Silver Forum

Gold & Silver Forum (http://goldismoney.info/forums/index.php)
-   Gold - Silver - Coins - Numismatics (http://goldismoney.info/forums/forumdisplay.php?f=51)
-   -   What are my chances? (http://goldismoney.info/forums/showthread.php?t=50954)

RossL 08-31-2006 12:36 PM

Re: What are my chances?
 
found this a few months back.

<img src="http://goldismoney.info/forums/attachment.php?attachmentid=11761&stc=1&d=11403916 13">

originally posted in this thread:

http://goldismoney.info/forums/showp...8&postcount=13


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