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Replies: 13 / Views: 1,373 |
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Valued Member
United States
467 Posts |
Does anyone know if the PL ten cent 1967 dime contains .800 silver or .500 silver? I've reviewed my reference materials and can find nothing. Thanks.
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Pillar of the Community
1844 Posts |
Hi J. from what I can see its.800 silver
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Pillar of the Community
Canada
2366 Posts |
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Pillar of the Community
Canada
3234 Posts |
When I tested much of my 67 silver,..it showed up at only 50% silver content. That was when the turnover of silver went from 80% to 50%. They were slow to get that info out way back then...
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Pillar of the Community
 Canada
9864 Posts |
Who has tested enough '67 PL silver to be certain that it is all .800 ?
"Dipping" is not considered cleaning... -from PCGS website
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Moderator
 Canada
10458 Posts |
I imagine if it were not .800, assay reports from refineries such as Kitco would pass that information down to the major silver buyers, and in turn, coin dealers, etc... The fact that dealers buy these coins at .800 is probably a good enough measuring stick.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
 Canada
9864 Posts |
Which dealers will buy '67 PL single dimes and quarters as .800? Kitco buys them as .600 J&M and Gatewest buy them as .625 PL or not. I don't believe anyone along the chain is sorting out the PL I believe they are .800,but don't think any definitive testing has been done.
"Dipping" is not considered cleaning... -from PCGS website
Edited by DBM 07/31/2013 12:17 am
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Pillar of the Community
Canada
3234 Posts |
I always thought that it was either .800 or .500 and not in between.
If Kitco pays at .600 and J&M and Gatewest pay at .625 for the PL's,..then someone is taking a little cream off of the top.
Obviously,.. it all must be .800 .. because these company's are not charities.
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Pillar of the Community
 Canada
9864 Posts |
They don't sort out the '67 PL dimes and quarters.They all go into one big melting pot along with all the '67 circulation issues.The price they pay is based on the average assay of all '67s.
"Dipping" is not considered cleaning... -from PCGS website
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Pillar of the Community
Canada
2366 Posts |
Were any PL sets even minted later in the year after the 50% silver planchets started being used? I always thought they would have been done up front but that's pure speculation on my part. Yes, since the mintages of circulation 67s are roughly equal for 80% silver and 50% silver it's common to just accept them as about 65% rather than try to figure out which are which (although that new sound app discussed in other threads looks promising).
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Moderator
 Canada
10458 Posts |
I can think of at least 5 dealers in Ontario that pay .800 for 1967 specimen and PL silver coin. If they are paying less, then they are pocketing more.
I have zapped about a dozen 1967 PL 10-cent and 25-cent with the XRF at work, and they were all >.800 silver. I don't have the patience, or the time, to test hundreds of them, to get some sort of statistical relevance.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
 Canada
9864 Posts |
I'm curious as which dealers.Here in the west,the dealers I have spoken with will pay .800 prices for intact sets only,no premium for 10 cent or 25 cent singles. I have five rolls of '67 PL quarters and would really like to get top dollar for them.
"Dipping" is not considered cleaning... -from PCGS website
Edited by DBM 07/31/2013 11:04 am
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Moderator
 Canada
10458 Posts |
I should add a small caveat. They purchase at .800, but only if they are sealed in the cellophane (as entire sets or cut-outs)... you would be surprised how some dealers here in the east are unable to recognize or differentiate SP, PL or business strike coins (I honestly think that they don't care...). They would treat your rolls as if they were business strikes.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1581 Posts |
We hope the coin dealer is at least an enthusiast. But, for many it is probably just a business.
Case in point: Rolls of 2006 magnetic pennies sitting around for years, and then wanting higher prices than market.
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Replies: 13 / Views: 1,373 |
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