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 Replies: 16 / Views: 4,214 |
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Pillar of the Community
Canada
2366 Posts |
Couldn't afford to buy rolls back then but was always very excited to get the occasional silver coin on my paper route. Still have them wrapped up and tucked away in an old tin. I mostly collected pennies at the time as putting aside a dime or a quarter was a major investment!
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Pillar of the Community
United Kingdom
837 Posts |
Quote:
I am beginning to think nickel is the new silver, Yeah , its really starting to look that way  , just to add to your point - copper will probably be the new nickel given the way circulating coinage is heading ... |
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Pillar of the Community
 Canada
5404 Posts |
1969 until about 1972 lots around in rolls here in BC. However by 1975 nothing but dribs and drabs. Today ..............why bother just junk out there for the most part. The smart coin roll hunter frequents coin shops (junk boxes) and flea markets.
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Pillar of the Community
United States
593 Posts |
I used to drive to Vancouver in the mid to late 60`s and collect silver at face with all the cash I could muster up. I would sell in Seattle and pay the trip plus extra cash to go back for more and fill my Canadian coin books. Mostly dimes and quarters a few halves and fewer dollars.
Plus have a good time at night clubs they had back then. I had friends living in West End off Thurlow St to stay with. Hit the banks and the clubs. Nice town I met alot of nice folks. I also bought some coins at some coin shops then also at good prices.
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Pillar of the Community
Canada
867 Posts |
my mom would send me down at lunch time to the bank with a $100 and we would search rolls of dimes or quarters..about 1970, we would get about $1-2 in each $10 quarter roll......they petered out pretty fast....later in the 1970's, we would search for US quarters.
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Bedrock of the Community
United Kingdom
18007 Posts |
The situation in the UK was very similar. In the early 1970s a fair number of 50% silver shillings and florins still circulated alongside the later cupro-nickel coins of those denominations and the later 5p and 10p coins, but they decreased dramatically around 1974/5. I started getting £5 bags of 5p coins to sort through around 1976-7, and remember getting 6 silvers in 5,000 coins. I continued sorting through 5p's until the new smaller coins were introduced in 1990 and by then I was getting on average 4 silvers in 5,000. The oldest one I ever got was a 1912. That was quite unusual, as even in the late sixties it was difficult to get pre-1920 silver coins in change.
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Pillar of the Community
Canada
1700 Posts |
Did people even value silver as much? Were silver coins really that much over face value?
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Pillar of the Community
Canada
1747 Posts |
Silver was not worth as much, but everyone knew it was considered a PM (Precious Metal) and that it had the possibility to increase in value. I remember finding a 67 silver commem when I was 12 or 13 back in the mid 80's my dad said I needed to keep it safe because it was silver, I still have it today.
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Pillar of the Community
United States
4212 Posts |
It's a story I love telling. My father got me into bag hunting in '65.
The bags from K.C would yield about 10%. Then you had the cents, when the '65 double-dot was hot for abit. We'd get fewer than 10 per 5000.
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Valued Member
Canada
161 Posts |
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Valued Member
Canada
386 Posts |
Around 1978, I remember finding about 1 silver dime out 10 rolls ($50). One day when I almost did not go to the bank because I thought the reward was not worth the effort, I was handsomely rewarded. That day I received 6 rolls of dimes with 35-45 silver dimes in them each from the bank. I always wondered how this hoard evaded collectors for so long. By 1980 when silver hit 50$ an ounce, finding silver in bank rolls became almost non-existent.
Edited by 1945V
06/18/2014 7:43 pm
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Pillar of the Community
United States
593 Posts |
I sold most of my silver when the Hunt bros drove the price up.
I had rolls of WL and Franklins and silver coins. Even sold a 150+ silver dollars.
Better date coins worth more than collector value. WL in the teens, 20`s and 30`s+ plus stuff I want back now. Only good thing out of it was that it paid off the ex and I got my home in the deal.
I watched old ladies bringing in very old silver sets from the 1800`s a sell for melt and gold coins also. I was a zoo in my favorite LCS, They were very happy to get the silver.
I could have replaced everything I sold for 1/2 price after it tanked.
I saved most of my Canadian 1/2 dollars and silver dollars and minor coins to start over
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Pillar of the Community
Canada
1700 Posts |
What are some thoughts about Nickel being the next silver?
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Pillar of the Community
Canada
5404 Posts |
nope aint gonna happen! 8 tonnes or more and a friendly melter you might get a small profit.
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Valued Member
 Canada
55 Posts |
Well, nickels are becoming harder and harder to find pure. The government is taking them out of circulation quickly, and they are needed to make military supplies and many household electronics, so it makes it very useful. The price has stayed flat after experiencing a brief spike in 2008-2010, and quickly climbed back down to where it was before, the same for the past 50 years. Just like how silver was always around $4/oz and all of a sudden the hunt bros drove it up to $50 and it came crashing down again. Judging by the posts on this topic, the amount of nickels found now is the amount of silver found in 1969 and the early 70's. I say the time to act and hoard pure nickels is next.
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Replies: 16 / Views: 4,214 |
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Posted 06/17/2014 7:36 pm
