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Silver Washington At The Restaurant Today

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Pillar of the Community
United States
3670 Posts
 Posted 05/13/2011  10:00 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list
Many coin/bullion Internet dealers allow you to save money by sending MO, instead of making electronic credit payment, which costs like most everything else, an I think the higher the cost, the higher the charge. Could be wrong on that....

I am impatient, but if I can make that type of substantial saving, no problem to wait....

Most would charge a bit over spot, and you got for 30 less, which probably translates to a 1 oz. silver round....
Pillar of the Community
United States
931 Posts
 Posted 05/14/2011  09:02 am  Show Profile   Bookmark this reply Add junior e to your friends list
The wait was difficult for me. Also there was a glitch on their website. When I logged in to check my account it always showed that I had not payed (I had spent $18 to overnight them Postal Money Orders). My representative told me that it was a glitch, but when it's my $1500 I prefer not to have any glitches. In the end I received my coin overnight even though I live on a farm near a small town. I will buy my silver from them, but I was getting nervous.
Bedrock of the Community
United States
10047 Posts
 Posted 05/14/2011  10:18 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
I am not surprised people are still spending silver. Let's face it, when you watch shows on TV where so many people on the street, randomly picked, cannot even tell you who the Father of our Country is, do we really expect them to take the time to research when silver coins were made (if they even know that today's coins are not silver)?
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
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Pillar of the Community
United States
4008 Posts
 Posted 05/14/2011  10:30 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
I am not surprised people are still spending silver.

That does not surprise me a bit. What DOES surprise me is that ANY US silver coins have survived the predations of the coin hunters of the world to still BE in circulation! It's been so long since I last saw a circulating US silver coin that I have stopped looking. It's just more effort than it is worth for that 1 in a 100,000 or so chance of finding one.
Valued Member
United States
172 Posts
 Posted 05/14/2011  10:40 pm  Show Profile   Bookmark this reply Add Flook to your friends list
well you have to think now that the past generations that are passing away and leaving their collections to kids and grand kids t hat have no clue what they are take the "known" Washington quarters and halves and use them as currency because grandpa had $50 in quarters in his collection....easy money for a highschool or college kid thats starving for money....little do they know that $50 in quarters is worth over $300.......
I am saying this because my grandfather just recently passed and left me his collection....im 22 and if I was not apart of this site and had interest in coins I woulda had no clue that his dimes and quarters were 90% silver......the fact that you are finding them in circulation could be due to the "original collectors" passing there collections down to the next generation that is not preserving the history!
Pillar of the Community
United States
4008 Posts
 Posted 05/15/2011  11:17 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
the fact that you are finding them in circulation could be due to the "original collectors" passing there collections down to the next generation that is not preserving the history!

You know, that just could be what is happening... so we better jump in there and SCOOP them up!
Pillar of the Community
United States
931 Posts
 Posted 05/16/2011  10:03 am  Show Profile   Bookmark this reply Add junior e to your friends list
When I was a kid in the sixties a quarter was worth five packs of baseball cards, five candy bars, five packs of gum, two comic books, etc. At that time in history I hate to think how many silver coins I spent. A Mantle card was worth way more to me than precious metals. Live and learn.
Pillar of the Community
Canada
834 Posts
 Posted 05/16/2011  10:34 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list
I'd rather have a bunch of Mickey mantle cards then some silver quarters that's for sure
Valued Member
United States
284 Posts
 Posted 05/16/2011  12:10 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list
A quarter had a lot of buying power in the past. Inflation has killed it. What can you buy for a quarter nowadays?

I took my 5 year old to Target to buy him a little treat for some good behavior. We have a little star chart and when he accumulates some stars he can pick something out. I told him he could have anything he wants for $2 or less. As we're wandering up and down the toy aisle there is hardly anything less than $2! Hotwheels and Matchbox cars were $1.09 but after that the next cheapest thing was $2.99. Most toys were between $3 and $15. That was the sweet spot. And this is all just cheap Chinese made stuff! He's not into cars and I didn't want him to feel like I was punishing him for tempting him and having him walk out with something he didn't like. I ended up bumping the limit up to $10 so he could get a set of Squinkies (Google them).

I know I could have kept the limit at $2 since that is what I told him before we entered the store. Tough luck, right? But it was also my own fault for being naive thinking that a dollar could buy something. He's been enjoying the Squinkies and he's been narrating stories to me about who is doing what. His imagination has been running wild with these things. So I suppose it was a worthy toy purchase.

Still, I can't help but cringe from realizing what inflation has done to our money and buying power. Soon we won't have coins in sub-dollar ranges. We'll just have dollars.

-- Boris
Pillar of the Community
United States
931 Posts
 Posted 05/16/2011  12:42 pm  Show Profile   Bookmark this reply Add junior e to your friends list
Back in those days Topp's had a great marketing idea. The cards were released in seven series throughout the year and Mickey Mantle was in the seventh series, so you would buy cards all year looking for a Mantle card. They finally came out around lat August. I got two of them and luckily hung on to them. I think the US Mint pulls some similar marketing tools even today.
Rest in Peace
United States
9104 Posts
 Posted 05/20/2011  08:37 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
Let's face it, when you watch shows on TV where so many people on the street, randomly picked, cannot even tell you who the Father of our Country is,


Heck, if you watch the Mr. Chung show, 90% of the women cannot even tell you who the Father of their own Kid is.

In fairness, most of them can narrow the choice down to the football team or basketball squad, and a few don't have to come back more than a half dozen times to find a match.
Rest in Peace
United States
9104 Posts
 Posted 05/20/2011  6:06 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
I took my 5 year old to Target to buy him a little treat for some good behavior. We have a little star chart and when he accumulates some stars he can pick something out. I told him he could have anything he wants for $2 or less.


The Dollar Tree is your friend. "Pick anything in the store."
Rest in Peace
United States
9104 Posts
 Posted 05/20/2011  6:53 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
What DOES surprise me is that ANY US silver coins have survived the predations of the coin hunters of the world to still BE in circulation!


There's a big difference between "in circulation" and "returned to circulation".

A 1941 dime found in change has not been "in circulation" and no one noticed it for 70 years. A far more likely scenario is it was removed from circulation 40+ years ago, and was "returned to circulation" by someone who either inherited or stole it, and wanted nicotine, alcohol, gas or food more than "a bunch of old coins".
Pillar of the Community
United States
830 Posts
 Posted 05/20/2011  7:29 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list

Quote:
What can you buy for a quarter nowadays?


For a silver quarter you can buy more than a gal of gas.
Pillar of the Community
United States
4008 Posts
 Posted 05/20/2011  8:07 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
There's a big difference between "in circulation" and "returned to circulation".

True enough, Fred, but then, circulation IS circulation. If that dime is not circulating at all, then it will never be found as change.

I do know what you mean about coins that have been in a collection for many years and then are inherited or stolen by someone who knows or cares squat about them, other than as pocket money.
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