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 Replies: 16 / Views: 5,895 |
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Pillar of the Community
United States
745 Posts |
i was only about 8-10 years old during the silver coin hoarding,  so my 25 silver cent allowance was spent on candy & pop  Edited by Penny4Me
02/25/2012 8:47 pm
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Valued Member
United States
98 Posts |
I was 3-5 years old ... I didn't even have an allowance yet!
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Pillar of the Community
United States
2661 Posts |
Quote:
I was 3-5 years old ... I didn't even have an allowance yet!
Yeah, I had that same problem. |
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Pillar of the Community
United States
2541 Posts |
I wasn't even a twinkle in my parents' eyes..
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Pillar of the Community
United States
1432 Posts |
I voted yes and still have the coins today. The thing is I wasn't hoarding. I liked collecting silver dollars so when I could I picked up a roll or two. I searched halves, quarters & dimes for albums but didn't keep anything other than what I needed.  After 1964 I did keep any silver I got in change but quit roll searching when life & family took priority. During the bubble I sold off enough "junk" silver to cover my initial costs so everything I have now was basically free. Currently that amounts to approx 800 silver dollars plus another 150 oz of misc US & Canadian silver. Not bragging. Wasn't smart enough to hoard but was lucky enough to be a collector. |
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Pillar of the Community
United States
3276 Posts |
My parents were teens when that silver hoarding started. I didn't have a chance :/
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Pillar of the Community
United States
1195 Posts |
My mother was under 5 in the heyday of this craze.
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Valued Member
United States
279 Posts |
I wasn't even a thought in my parent's mind at that time, I'm only 27. I only wish I were alive.
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Bedrock of the Community
Australia
21786 Posts |
I have been an active coin collector all of my life.
I started hoarding junk silver for about a year, and capped it off with a half kilogram silver bar. I sold just after the peak, which I was watching like a hawk.
What triggered an instant bailout was a radio announcement of the first news that the Hunt Brothers were in strife. Tripled my overall investment.
Retrospect says that I was lucky. I used the profit to buy a new set of shock absorbers for my car.
The car has long since found it's way to the crushers.
Cars are the most efficient way I know of, to waste my money.
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Pillar of the Community
United States
759 Posts |
Didn't actively hoard, but I picked out everything I saw. Eventually, I sold most in 1980 to pay for grad school. You could easily find silver in circulation all the way through the early/mid-70s and not just in Nevada. Even seeing a Morgan or Peace dollar as payment in a grocery store in 1975 wouldn't cause too many double takes except from collectors. |
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Bedrock of the Community
United States
20753 Posts |
I was to old in the 60's to care about the price of anything.  |
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Pillar of the Community
United States
2734 Posts |
I started saving silver coins from circulation in 1982, because my grandfather said silver would skyrocket again someday.  When silver was in the $4-$5 oz range, a 40% Half was worth barely above face in melt value. Many roll hunters of that time must have thrown 'em back, judging my how many I ended up with. Ah, the Eighties and early Nineties. Good times!  Not all silver saving was in the Sixties, you know. I had several silver coins in my change last year! Edited by DNA
02/27/2012 12:50 am
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Pillar of the Community
United States
4333 Posts |
In 1980 when silver approached $50, I was a roll hunter in high school, searching dimes, quarters, and halves. Even then, I was aware of the 40% halves, but for some reason they were just not in demand?
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
917 Posts |
My parents were 8 and 10 in 1966 but they each have a little silver collection from when they got the bug.
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Valued Member
United States
50 Posts |
I wish I was around then, being only 28. I love going to the local banks with a couple hundred dollars and buy half dollar rolls to search through. It's crazy at how many you can still find for just .50! I have a local shop that buys silver under melt and sells for melt so whenever there is a nice dip I go in and buy dimes for 1.80-2
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Replies: 16 / Views: 5,895 |
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First Page
Posted 02/25/2012 9:40 pm
