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Silver Horror Story

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52Raymo's Avatar
United States
8516 Posts
 Posted 05/25/2012  6:41 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Oy, to have my 68 GTO back.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Namachieli's Avatar
United States
2120 Posts
 Posted 05/25/2012  8:39 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
Given the inflation that might occur, it is possible.


10 points to Nod.
Pillar of the Community
United States
511 Posts
 Posted 05/26/2012  10:26 am  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
The same thing happens with other items (check gun prices of the past and present). I also collect game-worn baseball jerseys. I bought a 1969 Washington Senators road jersey for $75 in 1980. I needed cash some years later and couldn't turn down a $400 unsolicited offer. The same jersey recently sold for $1700 in an auction.
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Conder101's Avatar
United States
17884 Posts
 Posted 05/26/2012  11:53 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
To bad you couldn't have kept it. Decent rate of return on the investment, 11% compounded annually.
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The Silver Searcher's Avatar
United States
1388 Posts
 Posted 05/26/2012  1:36 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
This is not exactly a horror story, but i'll tell it anyway. I inhereited a bucket of about $150.00 in change from a realtive that passed away a few years ago. I was just starting collecting, and knew NOTHING about what dates were silver, key etc. When I was counting it all, I picked out the coins that "looked silver" including nickels lol. I got a 1948- s rosie out of it, bu the sad part is still to come. I found out anything pre 1964 was silver, but declined to go through the rest of it again. I am pretty sure there must have been something else in there. Nothing of the caliber of Peter's story, but I decided to share.

Btw the money from cashing this in went into seven new morgans for my collection. Not a total loss=]
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mwr1550's Avatar
United States
193 Posts
 Posted 05/29/2012  6:38 pm  Show Profile   Bookmark this reply Add mwr1550 to your friends list Get a Link to this Reply
I was a kid in the early 60's, I would get an allowance every week of 50 cents. usually in quarters or half dollars. Because we lived out in the country I didn't get a chance to spend it often and I would usually save it up. Even later in the 60's silver coins were still pretty prevalent and I can remember having a large coffee can full of them. Must have had hundreds of 1/4's, Lots of halves and plenty of dimes. I remember having Franklin halves and even some walkers. By the time I was a teenager in the early 70's having a coffee can full of coins wasn't nearly as cool as a lot of other stuff so away went the coins.
Now I spend my time trying to get them back. Man if hindsight were foresight.....
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Newmismatist's Avatar
United States
197 Posts
 Posted 05/30/2012  8:28 pm  Show Profile   Bookmark this reply Add Newmismatist to your friends list Get a Link to this Reply
A great aunt of mine had a smooth-bore musket my great-great-grandfather carried during the Civil War. She had it made into a floor lamp.
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Bas S Warwick's Avatar
New Zealand
526 Posts
 Posted 06/11/2012  06:32 am  Show Profile   Bookmark this reply Add Bas S Warwick to your friends list Get a Link to this Reply
Not a coin but a similar tale of 'collecting' woe. I purchased a UK Personalised Plate in the mid 80's for 1300 pounds sterling. About 6 months later a Ferrari dealer offered me 7500 pounds sterling for it. I deceided to keep it to sell later for more money. Unfortunately when decided to move to New Zealand I was forced to sell it ............for 1800 sterling
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 06/11/2012  07:18 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I hope I find them in circulation :)
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Ben's Avatar
United Kingdom
4208 Posts
 Posted 08/05/2012  11:27 am  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
Silver horror story? Try a gold horror story.

My family once had over 100 gold sovereigns from back when my relatives were stinking rich. Anyway, a while back we found a huge fireproof victorian safe full of family silver and stuff we thought had been sold by the very same man that squandered the riches. Anyway, in there was a box of 75 sovereigns with a 'sorry, I need lung surgery due to all that smoking I did' note explaining where the others had gone.

Anyway, it was 15 Sovereigns for each family member, but my parents insisted they should be sold. Anyway, that was the very bottom of the Gold market. They sold about £100 each, they are now worth £400 each, with the rarer ones worth more. But hey, I did manage to reserve 1...
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jpo's Avatar
United States
54 Posts
 Posted 08/06/2012  4:11 pm  Show Profile   Bookmark this reply Add jpo to your friends list Get a Link to this Reply
My wife's great grandmother took Mercury dimes and saved them whenever she saw a bright shiny new one. She also did this for quarters and halves and some were Barbers but it was mostly Mercury dimes. She started when she first came to the country in the early 1900's. She did this for years. It was a big coffee can full plus a couple smaller cans.

A year or so before I met her, her drug addict brother stole it and took it to a pawnshop. He claims he got $40 for it. I'd bet he got a lot more for them but would never admit it. I never saw the coins myself.

He is not allowed to know where we live.

Edited by jpo
08/06/2012 4:16 pm
Valued Member
United States
339 Posts
 Posted 08/06/2012  5:06 pm  Show Profile   Bookmark this reply Add xAGENTxMULDERx to your friends list Get a Link to this Reply
my aunts first husband took more than half of her silver coin collection worth A LOT of money, knowing mroe about silver coins now than I did earlier in my life I feel really really bad for her
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MrMorgan's Avatar
United States
161 Posts
 Posted 08/06/2012  7:57 pm  Show Profile   Bookmark this reply Add MrMorgan to your friends list Get a Link to this Reply
I suppose it could always be worse. She could have said that all of the morgans were 1889 and had a little cc on the back. I think at that point I would be obligated to jump off a bridge.
Pillar of the Community
United States
619 Posts
 Posted 08/06/2012  8:42 pm  Show Profile   Bookmark this reply Add CPC24 to your friends list Get a Link to this Reply
My parents had several Peace and Morgan dollars up until the mid '70s. My relatives brought them back from Vegas as gifts. Apparently, my older brother thought they were halves and spent them... He also had a '67 GTO back in the '80s, that he sold for $2000!

One Peace dollar was left, when I inherited it all. Thankfully, they held on to their silver halves, dimes, and a couple rolls of quarters. When I was a kid, I polished them! However, they're all common dates, anyway.
Edited by CPC24
08/06/2012 8:44 pm
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Coins1989's Avatar
United States
136 Posts
 Posted 08/07/2012  9:37 pm  Show Profile   Bookmark this reply Add Coins1989 to your friends list Get a Link to this Reply
I remember back in 1963 being on vacation with my parents. We drove across Nevada and nearly every business gave out silver dollars in change. I remember carrying several in my jeans pocket and how they weighted my pants down. Couldn't wait to get rid of the darn things, probabty spent them along the way. I doubt there was anything of premium value but it's nice to remember.
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