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 Replies: 16 / Views: 6,973 |
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Pillar of the Community
 United States
2843 Posts |
Quote:
I have a $1,000 bag of 1975 Philadelphia silver dollars I don't think that Philly mint made silver dollars. Only the SF mint. The Philly mint made silvery COLOR coins. In theory you may have some good ones in the bag. High grade type 1 coins are very valuable, and they may be type 1 if they are from 1975. By high grade I mean MS66. |
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Pillar of the Community
7234 Posts |
Philadelphia mint made the dual date clad 1776-1976 Bicentennial Ikes in 1995-96. That bag may be worth alot to an Ike collector.
Edited by Mark1959
09/26/2017 12:42 pm
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Rest in Peace
United States
17900 Posts |
The value for all three is a bit like buying a lottery ticket. If you find some tough errors, or super high grade coins, they might be worth more than the double face they'd probably sell for.
If you don't find any great stuff, the sorted coins probably have face value, or metal value, whichever is higher.
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Rest in Peace
10197 Posts |
The Cent and Nickel bags are relatively non-collectable, sorry. Wouldn't expect 2-7% above face for offer on closed bag. No exceptional errors, Doubled Dies or RPM's for those. Like has been said, only possibility would be if there were any higher than MS68 graded coins in there. That would depend on how stored since the 70's, in temperature/humidity controlled environment, not transferred across the country, twice etc. That would mean in a Bank safe for 40 years. Canvas is not a protective means, only a transport device.
Not as said, 1976 Philly produced the Type 2 Clad Ikes, these in MS65 levels and above get very good Premiums. May be well worth the effort of examination and submission of the best in a mass send in deal.
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Bedrock of the Community
Canada
24885 Posts |
 To the Forum. |
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Bedrock of the Community
United States
94367 Posts |
Search the dollars. to the CCF! |
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Moderator
 United States
188440 Posts |
Quote:
Search the dollars. My first choice, naturally. I see "$1,000 bag of 1975 Philadelphia silver dollars" as being a bag of 1976 Variety I Ike dollars. Lowest mintage of the four 1976 business strike issues and highest values in the upper grades.  |
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Bedrock of the Community
United States
94367 Posts |
Think of the possibilities.
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Rest in Peace
United States
18456 Posts |
Those U.S. mint sewn bags don't pop up to the public too often . I would just keep holding them in an environmentally safe location .  |
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Bedrock of the Community
United States
19949 Posts |
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
17884 Posts |
The bag of dollars might also be 1974's. They continued making 1974 quarters, halves and dollars during the first half of 1975.
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Moderator
United States
188440 Posts |
Quote: The highest graded PCGS 1978D Lincoln Cent is MS-67RD. I would search that bag for the elusive MS-68 coin. It would be worth several thousand dollars if you find one and get in in a 68 slab. That sounds like it would certainly be worth the effort.  |
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Moderator
United States
188440 Posts |
Quote:
The bag of dollars might also be 1974's. They continued making 1974 quarters, halves and dollars during the first half of 1975. You are correct. I did forget about that.  |
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Pillar of the Community
United States
927 Posts |
If the dollar bag says 1975 on it, what if the coins inside were dated 1975? Then they would be REALLY valuable (or fake).
I forgot about the mint still making 1974 dated quarters, half dollars, and dollars in the beginning of 1975. And of course they dated them 1976 later in 1975. Isn't it amazing how often the mint breaks its own rules about dating coins in the year they were actually made?
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Moderator
United States
188440 Posts |
Quote:
Isn't it amazing how often the mint breaks its own rules about dating coins in the year they were actually made? In this case, not really breaking their own rules or the law since it was allowed in the legislation for the bicentennial coins. https://en.wikipedia.org/wiki/Bicentennial_coinage
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By the terms of the statute, all coins minted to be issued after July 4, 1975 and before January 1, 1977 would bear the Bicentennial dates and designs.
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The Mint believed that if it was required to strike 1975 quarters, half dollars and dollars, not enough could be struck before it had to begin the Bicentennial issues to prevent the 1975 pieces from becoming collector's items. This risked coin shortages at a time when the Mint was seeking to build a surplus of quarters. Mint officials returned to Congress to seek amending legislation. President Ford signed a bill on December 26, 1974 that made several noncontroversial changes to law, including provisions to allow the Mint to keep striking 1974-dated pieces until it began striking the Bicentennial coins. By terms of the amending legislation, the commemorative coins could not be issued until after July 4, 1975. |
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Posted 09/26/2017 12:41 pm
