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What Types Of Coins Does Your LCS Have In Their Junk Silver

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Joe2007's Avatar
United States
3843 Posts
 Posted 11/22/2015  6:19 pm Show Profile   Bookmark this topic Add Joe2007 to your friends list Get a Link to this Message Number of Subscribers
What Types Of Coins Does Your LCS (Local Coin Shop) Have In Their Junk Silver Buckets Or Bins?

The dealers I frequent usually have mostly have:

Halves: Barber halves (Only occasionally, mostly VG or lower) Walking Liberty halves (VF or lower), Franklin halves (VF-AU), and Kennedy halves (XF-MS).

Quarters: Barber quarters (Only occasionally, mostly VG or lower) Washington quarters (F-MS) and Standing Liberty quarters (Usually Dateless).

Dimes: Barber dimes (Only occasionally, mostly VG or lower) Mercury dimes (F-VF) and Roosevelt dimes (VF-MS).


I'm usually tempted to pick out the Barber coinage that isn't heavily cleaned or damaged. However I realize that the later coins are much less worn and have most of the silver content intact.

What do you see at local coin shops? Are you too tempted to purchase the older coins?
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Lunch Money's Avatar
United States
274 Posts
 Posted 11/22/2015  6:41 pm  Show Profile   Bookmark this reply Add Lunch Money to your friends list Get a Link to this Reply
Joe,
We must frequent the same coin shop. At my LCS, the available junk silver coins are just about exactly as you describe.
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 11/22/2015  6:46 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Mine actually mostly has Barber coinage (very worn) and Mercury dimes. They also have a bunch of foreign silver coins they sell at melt which are (mostly) in nicer condition. I need to look closer at some of those I think...
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SpaceMaNy0's Avatar
United States
343 Posts
 Posted 11/22/2015  7:03 pm  Show Profile   Bookmark this reply Add SpaceMaNy0 to your friends list Get a Link to this Reply
Thats probably pretty common. I usually grab any Barbers I see just because I like them. Other than that I try for year sets first of the other stuff.
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Steele's Avatar
United States
1119 Posts
 Posted 11/22/2015  8:14 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
my LCS has pretty much the same as OP
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GR58's Avatar
United States
11951 Posts
 Posted 11/22/2015  9:41 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Our LCS buckets are about the same as described.

With the addition of Four different Morgan/Peace buckets,
and a foreign silver bucket.

For years I would pull the newer, full rim, silver coins.
For the past few months I have been pulling the Barbers.
I purchased all three Barber albums, I am only pulling
different date Barbers, I have filled about half the holes
in all three albums.

I do like pulling some of the foreign silver. Some of them
are very beautiful coins. Canadian silver is my favorite,
of the foreign silver. I really like how easy it is to
figure out the actual silver weight (ASW)

The ASW for Canadian (by roll)
Dollar $20.00 roll = 12oz ASW
Half dollars $10.00 roll = 6oz ASW
Quarters $10.00 roll = 6oz ASW
Dimes $5.00 roll = 3oz ASW
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 11/23/2015  2:29 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Usually they have dimes, quarters and halves. I always pick the Kennedy 90%, Franklins and walkers in nice shape, because there is no premium over the normal like the online shops and others.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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tgauchsin's Avatar
United States
344 Posts
 Posted 11/23/2015  10:43 pm  Show Profile   Bookmark this reply Add tgauchsin to your friends list Get a Link to this Reply
Our LCS has pretty much the same. Every once in a while I come across a very worn Seated dime or quarter which I'll rescue.
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Earendil's Avatar
United States
165 Posts
 Posted 12/08/2015  10:53 pm  Show Profile   Bookmark this reply Add Earendil to your friends list Get a Link to this Reply
Nickels: Hundreds of War Nickels that have been sitting around for literally months on end.

Dimes: There are almost always Roosevelt dimes present. Unlike other posters' experiences, Mercury dimes tend to ebb and flow in waves in my dealer's junk silver bin, and you can never be sure that there will be some in there. Typically they appear in batches, likely from liquidated collections. Over a 6-month span, I've only ever seen 3 or 4 Barber dimes in the junk silver bin, as well as a single 1891 Seated Liberty dime.

Quarters: Almost entirely Washington quarters, although 1 or 2 Standing Liberty quarters appear on occasion (for some reason they are actually quite rare where I am). I have only ever seen 1 Barber quarter; however, it was so worn that it had almost reverted to a round disc of silver. Once my dealer had a heavily corroded 1853 Seated Liberty quarter in the bin; nothing that old has made an appearance since then.

Half-Dollars: Naturally, 1964 Kennedy Half-Dollars are the most common. As with Mercury dimes, Franklin Half-Dollars appear in batches. I usually try to snag as many as I can when that happens, since they tend to go quite quickly. In the entire time I've been combing through the junk silver bin, I have only seen 8 Walking Liberty Half-Dollars (all of which I bought), spread out across a period of many months. There have never been any Barber Half-Dollars in it.
Edited by Earendil
12/08/2015 10:59 pm
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thq's Avatar
United States
3343 Posts
 Posted 12/09/2015  12:03 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Always changing. I focus on getting full weight halves, and almost always find xf+ Franklins and Kennedys. This week, all walkers, from 1919 AG's to 1943 AU's. I haven't seen anything like it in 20 years. Must have been an estate hoard.

Some places I go to have foreign silver. The absolute best are the ones that buy foreign to melt and sell by weight. I've pulled a lot of pre 1919 sterling out of those. Others pull the foreign silver for flips and these dealers tend to overprice it, though some individual coins are bargains due to using old Krause catalog pricing.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
12/09/2015 12:14 am
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JoggingLiberty's Avatar
292 Posts
 Posted 12/10/2015  6:44 pm  Show Profile   Bookmark this reply Add JoggingLiberty to your friends list Get a Link to this Reply
I've found a lot of different type coins in the junk bins. Seated, 3 cent, walking, standing, morgan, peace, mercs
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