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Did People Hoard Silver Coins After 1964?

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n9jig's Avatar
United States
997 Posts
 Posted 01/20/2018  10:08 am  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
My older sister worked as a bank teller in the 70's and she and her co-workers snagged a lot of silver in their teller drawers. They would set it aside and buy it at the end of their shifts. She kept the finds in coffee cans for years before selling much of it after combing through it for specific savers.
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Lucky Cuss's Avatar
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4883 Posts
 Posted 01/20/2018  10:34 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
Back in the early seventies, I had just a handful of silver quarters set aside. My wife found one day that she didn't have any change for the laundry room machines, and appropriated my small stash for the purpose. Needless to say, I wasn't too pleased.

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mfhorn's Avatar
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959 Posts
 Posted 01/20/2018  10:10 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
I actually started in the late '50's, as a way to have something to do during summer recess. If it wasn't for my Mother, I wouldn't have complete collections of the silver coinage. She's the one that pulled it from circulation; I couldn't afford to.
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silberner's Avatar
United States
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 Posted 12/13/2024  6:17 pm  Show Profile   Bookmark this reply Add silberner to your friends list Get a Link to this Reply
Hoarding silver has been a favorite past time of mine for years

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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/13/2024  6:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Nice stash!



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jbuck's Avatar
United States
187950 Posts
 Posted 12/15/2024  4:09 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Hoarding silver has been a favorite past time of mine for years
Excellent!

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MrPink2018's Avatar
United States
2461 Posts
 Posted 12/16/2024  6:04 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
while the bulk of old silver coins have been pulled from circulation, there is still silver in circulation to find. even though most of it is now pulled, I think people often forget or fail to realize that many people do not know the difference and silver is still being put back into circulation through various means. it can still be found, just not in the quantities found in the mid-to-late 1960s and 1970s. it is still out there, you just have to be diligent and watching for it.
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NumisEd's Avatar
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 Posted 12/16/2024  10:07 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Was the price increase of silver in the 60's mainly due to the monetary situation (e.g. rampant money printing) or was there also stronger industrial demand (e.g. photography)?
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Dearborn's Avatar
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BStrauss3's Avatar
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 Posted 12/17/2024  08:28 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I still have my share (136, IIRC) of the "real" quarters we pulled out of Mom's purse and Dad's pocket in the 1965-1967 timeframe. I'm not sure about my sister or M&D.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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