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 Replies: 49 / Views: 11,521 |
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Bedrock of the Community
United States
17884 Posts |
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How old do you have to be, to be an old timer? LOL Well for starters you have to be about 60 years old to even remember silver in everyday circulation. If you are much younger that that, why have a fascination for silver and a hated of clad? You've never used anything but clad. |
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Pillar of the Community
United States
7190 Posts |
Well, I'm an "old timer" but I do like many modern coins but dislike clad coins. I like modern silver proof sets, American Silver Eagles and silver and gold modern commemorative coins.
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Pillar of the Community
United States
634 Posts |
According to cladking's description, I am for sure an old timer. My main collections start with the Barbers and Indian heads, but I still have that urge to fill holes with the moderns.
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New Member
United States
44 Posts |
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Don't invest in any coin but if you are interested in any moderns now is the time to acquire them because most prices are still at rock bottom (you can buy 90% silver proofs at melt) and those on the way up are not coming back down for the foreseeable future. I don't know of anyone selling the 90% silver proofs at melt, unless they were run over by a truck. |
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Pillar of the Community
United States
2271 Posts |
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I don't know of anyone selling the 90% silver proofs at melt, unless they were run over by a truck. I probably should have said "based on melt" and it's been some years since I've seen this price. Wholesale prices can be pretty low on some things. With the low mintage of the silver proofs and increasing demand it would hardly be surprising if a market is developing here. Time don't fly, it bounds and leaps.
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New Member
United States
44 Posts |
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With the low mintage of the silver proofs and increasing demand it would hardly be surprising if a market is developing here. I'm with you on that. I haven't been to a good coin show in quite a while, but on ebay at least, I'm amazed at the prices being paid for the raw silver proofs of the last 10 years. Edited by jmgi2020
10/02/2021 8:18 pm
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Pillar of the Community
 United States
5178 Posts |
Don't forget that for sellers to make a profit on ebay, they must price their coins at least 10-15% higher (than melt) in order to recoup the ebay fees. |
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New Member
United States
44 Posts |
Quote:Don't forget that for sellers to make a profit on ebay, they must price their coins at least 10-15% higher (than melt) in order to recoup the ebay fees. That's true. I guess I need to hit a coin show, that would give me a better idea of the true prices being paid for them. |
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Valued Member
United States
104 Posts |
Sounds good to me I have 1,1967 silver Kennedy,price increase would make me happy.
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New Member
United States
44 Posts |
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Well, I'm an "old timer" but I do like many modern coins but dislike clad coins. I like modern silver proof sets, American Silver Eagles and silver and gold modern commemorative coins. I will second you on the modern silver proof sets  If you can get the complete proof set, or even the stand alone quarter sets for a real good price, they make great coins for your silver stack, but they have to be as close to melt as possible. The deals are out there. |
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Pillar of the Community
United States
876 Posts |
Made my weekly 90% purchase 2 days ago. I decided to buy halves as no Britannia's or Maple Leafs available. There were 5 90% Kennedy Proofs among them so how I could I pass them up. 1993x1, 1996x1, 2005x1, 2010x2.
So melt seems to be higher than numismatic value. Into the stack they go.
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New Member
United States
44 Posts |
[quote]Made my weekly 90% purchase 2 days ago. I decided to buy halves as no Britannia's or Maple Leafs available. There were 5 90% Kennedy Proofs among them so how I could I pass them up. 1993x1, 1996x1, 2005x1, 2010x2.
So melt seems to be higher than numismatic value. Into the stack they go./quote]
I assume that the Kennedy proofs were impaired in some way to be selling so cheap?
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Pillar of the Community
United States
876 Posts |
Of course they were, but in various degrees. The fact being, they were in the half bin. Some look as though they have bounced around a little. Some more pristine. Someone broke them out. Just letting you know, 90% Silver Proofs are now showing up in the bin.
Any loose proof is impaired, regardless.
I can send an image if you like. Just know that I am not to good at proof coin images. Each is like Cameo and that is time consuming , especially if I try to do 5 at once.
I would be glad to trade for some battered Franklin's if someone would like them. 4 out of the 5 were over 12.50g.
Real pretty, but to me, silver is silver.
If it ever comes to it, the shiney one will be the same as the battered one. Unless everyone starts weighing it. Until then, no matter to me. I stack and do not collect. Except I am hooked on Lincolns. That's a different story
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Pillar of the Community
United States
876 Posts |
1993-S 12.69g
1996-S 12.72g
2005-S 12.52g
2010-S 12.63g
2010-S 12.70g
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Pillar of the Community
United States
876 Posts |
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Replies: 49 / Views: 11,521 |
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Posted 08/12/2021 11:14 pm
