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 Replies: 37 / Views: 5,999 |
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Valued Member
United States
73 Posts |
so today I was looking at some morgans I bought and my mom said hey I remeber those back in the day. she said theyre grandparents left them alot of silver dollars and halves but didnt know any better and spent them!   scares me she couldve saved them for her kids lol instead of spending them aww  all well I guess we all....make...mistakes? |
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Valued Member
United States
397 Posts |
My mom was texting me not too long ago saying she was setting up some of my old Star Wars figures on a shelf in my old room, and wanted to open one I had left in the package... it was my 1 out of 50,000 Darth Vader Lava Reflection Armor figure. Glad she asked first... LOL
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Pillar of the Community
United States
3184 Posts |
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Bedrock of the Community
Australia
21786 Posts |
I had an uncle who had an ancient Greek Macedonian gold stater of Philip 11 (C/- 327 BC) hard soldered on the reverse to make a cuff link out of it.
That's a $4,000 coin down the drain!
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Moderator
 United States
14463 Posts |
who knows if the $1 note I just put in the vending machine for some potato chips, might be worth 100 times that in a decade if only...  |
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Pillar of the Community
United States
3294 Posts |
Given the inflation that might occur, it is possible.
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Pillar of the Community
614 Posts |
Given that inflation IS occurring, it probably WILL happen. :)
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Bedrock of the Community
United States
20753 Posts |
There is nothing wrong with this type of story. Way, way back when I was a kid, Silver Dollars were as common as pennies are today. They were every where so no one thought anything about them being ever worth more than a dollar. I used to spend them all the time. Way back when I was a kid, there were very, very few coin collectors. Hardly any books on coins except that Red Book thing that just came out in 1946. Only thing you could put coins in was thoes Whitman Folders. Half Dollars were all either Walking or Sitting Liberty. Indian Head cents were still in change all the time. Quote:
so today I was looking at some morgans I bought and my mom said hey I remeber those back in the day. she said theyre grandparents left them alot of silver dollars and halves but didnt know any better and spent them! So try to remember that when you spend any modern day coinage since someday, in the distant future, your grandkids will be saying similar things. Such as "OH, no, I just found out my grandparents used to spend all those Washington quarters as if they were just coins" |
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Valued Member
United States
492 Posts |
I feel that it is forum code that I share my own similar horror story. I used to collect coins when I was a young pre-teen in the late 70s and early 80s. Nothing fancy, just things I found in circulation and mint sets, early eagles, etc. But I got out of it once I discovered driving and girls. So about a year ago my coworker tells me about his collection and sparks the interest back in me. I call my mom to ask about the bucket of LWC that I had. This bucket is the old style wax lined movie popcorn buckets, about 8 inches in diameter and around 7" deep. I had about 5" of cents in it all these years (what did I know at the time, I was a kid!) Well she responded "Those old things? They're not worth anything. I rolled them and took them to the bank years ago." Some roll searcher in Scranton, PA must have had a field day! I know for a fact that there was at least one 1909 in there (I don't remember if it was a VDB) and many, many teens and 20s. I asked about my Buffalo nickels... also gone. What could I say? I just said OK and quietly said I had to go. Next time I went home I found that she had at least saved my eagles and mint and proof sets. My father also gave me about 20 rolls of silver quarters and dimes that he had saved over the years, so at least that was a big surprise. He told me to sell them and buy those granite countertops my wife wants for the kitchen. (Yeah like that's going to happen. Someday I might actually tell her that he gave me those rolls.) Oh yeah, and my comic books and baseball/football/hockey cards also came home with me that trip too, just in case. |
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Pillar of the Community
United States
1796 Posts |
Quote:
Someday I might actually tell her that he gave me those rolls. Make it more sooner than later and you might get her hooked on the hobby too. Numismatics is better as a family hobby. :-) Anyway, back to the OP, I'll post my horror story later. :-) |
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Pillar of the Community
United States
2797 Posts |
Ahh, the good ole days! I was born in the early 50's. Every dime, quarter and half was 90% silver. Morgan and Peace dollars didn't circulate, but you could go to any bank and ask for them. The bank response "How many do you want?" You could buy $1000 bags of uncirculated for face. This was arranged through your local bank who ordered them from the Fed banks. My most vivid recollection was the county fair of 1959. My father was a civic leader and involved in many activities. One such activity was the County Fair Princess coronation and scholarship award. After she got her crown they placed her on a counter-balance scale and started piling Uncirculated silver dollars and the opposite platform ... she was to get her weight in silver dollars! They first placed a $1000 canvas bag on the platform and it didn't move. Two bags tipped the scale so they had to break the second bag and put around 850 dollars to balance the scale. To a young kid that was a lot of dollars. During that same Fair the Lions Club and Kiwanis hosted a Kids Coin Search. They spread about 10 bales of straw over the grass and dumped bags of dimes, quarters, and halves (all 90%) into the straw. They also put about 50 Silver Dollars into the mix. Then they turned us kids loose to find as much as we could. I think I ended up with about $5 in silver.  Back then it was just face value to us. I never thought twice about spending it. If it was a key date, it went into the collection ... all others got spent. Do I regret not tucking away all that I touched? You betcha ... hindsight is always 20/20. |
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Pillar of the Community
United States
1812 Posts |
I'm from the same era as SeatedNut (1953 here) and remember going to a coin shop in the early 60's and purchase Indian Head cents for Three Cents each and Liberty Head Nickels for 7 or 8 cents each... I can still hear my late father complaining to me that it was a waste of money spending that amount of money... Long story short, I spent them all at the local candy shop in 1965... |
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Valued Member
Australia
216 Posts |
My uncle decided to NOT buy the Uncirculated 1930 Australian Penny he was offered in 1966. Price $600. Hey $600 was a lot of money back then. Same coin now...... About a million. |
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Pillar of the Community
United States
802 Posts |
Peter's story takes the cake!
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Valued Member
 United States
73 Posts |
my mom also had a 1915 20 gold necklace a guy stole it after an bad relationship, I guess gold was cheap then?
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Pillar of the Community
United States
4333 Posts |
Just like the muscle car market. When I was a kid we drove nice SS Chevelles, GTO's, GS Skylarks, and the like...they were cheap and as common as copper cents.
Who would have known those gas-guzzlers would command the prices that they do lately?
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
05/25/2012 6:21 pm
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Replies: 37 / Views: 5,999 |
Posted 05/24/2012 02:03 am
