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Replies: 11 / Views: 2,520 |
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New Member
United States
5 Posts |
Subject probably tells it all...I don't know anything about coins but have many new old ...I don't want to waist anyone time.I'm just trying to find out what I may want to hold onto ...I have all coins so far ...is there a way I can learn this before they end up being used ...I'm more interested in learning what to look for when I see a quarter nickel etc......desperatEly interested to learn .....if anyone has some quick tips it would be valued and appreciated. .
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Pillar of the Community
United States
1191 Posts |
Quarters, dimes minted before 1965 are 90% silver Halves minted before 1965 are 90% silver. Minted from 1965-1970 is 40% silver. Nickels from 1942-1945 are 35% silver. Look for any Wheat cent, you can sell them for a very small premium, but it's still a premium nonetheless. Pre 1935 dollar coins are 90% silver.    
Edited by Hello There 12/09/2015 01:05 am
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Pillar of the Community
United States
3843 Posts |
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Pillar of the Community
United States
4963 Posts |
pre-36 dollar coins. I keep any pre-1960 nickels, but some keep pre-64 or pre-57. Cents (not 'pennies', which are an English/British coin) minted 1982 and prior are 95% Cu and may be worth a small premium. Halves dated 1987 or 2002-date are not issued for circulation (NIFC) and worth a small premium. Keep any proofs. They are usually easy to identify, but if not, all S mint coins 1975-date are proofs. For British coins: Keep any pre-decimal coins. Silver-colored coins 1920-46 are 50% Silver, 1920 and earlier are sterling. For Canadian coins: 5c coins 1920-21 are 800 fine, 1920 and earlier are sterling. Other silver-colored coins: 1967-68 are 500 fine. 1920-67 are 800 fine. Pre-1920 are sterling. Keep all Canadian cents, they are no longer minted.
Edited by Numisma 12/09/2015 01:54 am
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Bedrock of the Community
United States
11951 Posts |
It would be much easier to give you suggestion, if we knew what you coins you have and why your thinking you should keep any of them.
Are you going to be a collector ... or maybe as a investment.
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Valued Member
United States
470 Posts |
Go to a barnes & noble or some bookstore in a shopping mall and buy a Red Book. It's usually on the discount table or you might find one used at a used book store in the collectible section. They are published yearly but you can ignore the year. They will have values listed, you can ignore the values (they are wrong). What you are buying it for is the text. It will give you the story behind each coin, mintages, which coins are the key dates and overall good back ground knowledge to start with. http://www.amazon.com/Guide-Book-Un...edbook+coins State Quarters and America the Beautiful Quarters are fun to look at and maybe you can put together 1 set from circulation but they are not and never will be valuable so don't wasn't your time stocking up on those. There are millions in dresser drawers all over the US collecting dust as we speak. Don't make the same mistake.
Edited by Andrew289 12/09/2015 08:32 am
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Pillar of the Community
United States
997 Posts |
Personally I keep: Pennies from 1982 and earlier. In Mid 1982 they switched the penny from mostly copper to mostly zinc. Nickels from 1960 and before, although I have been know to throw back some very poor 40's and 50's coins. Not a ton of value in lesser conditions but sometimes you gotta save the old stuff. Dimes and Quarters from 1964 and earlier (silver content). I also save 1976 Quarters but there is no real value to them, I just like them. Halves from 1970 and earlier (silver content). I also save any real nice examples of other years and the occasional NIFC one that pops up. As far as Dollar coins, I save any Ike or SBA, there are no real value to most of them that pop up but I like them. Anything older than Ike's are unlikely to pop up in circulation unless Junior cashes in Grandpa's collection. As far as the bronze ones I don't usually bother unless one catches my eye. On newer coins I check for things like Proofs, any NIFC coins, error or varieties or a coin that just screams at me to keep. Any foreign coins I see I save. When I lived in Illinois Canadian coins were common but they seem to be less common here in Arizona, surprising due to the fact that half of my neighbors are Canadian snowbirds. As far as names, "Penny" is perfectly fine for US Cents, just as "Nickel" is for the 5 Cent coin. They are not official names but perfectly acceptable.
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Valued Member
United States
374 Posts |
Me: Pennies: Keep all Wheats, but for me, I put pre-1956's in 2x2's and ones after 1956 my jar of copper pennies. Keep some better looking pre-1982's Nickels: Any nickel before 1964 Dimes: Pre-1965 Quarters: Pre-1965 Halves: Pre-1971 (Remember, Pre-65's are 90% silver, 1965-1970 halves are 40% silver) Dollars: 1935 and earlier, but I believe you should keep all Ike dollars you can get your hands on...
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Pillar of the Community
United States
6130 Posts |
I would pick up a 2013 or 2014 RedBook or blackbook... those should have all info up through 2011/2012, and you should be able to find one used for just a couple bucks. The rest of the members have summed things up quite well. Generally speaking, every coin from the mid-50s or earlier is worth at least a small premium over face value. However, aside from the silver half dollars, there are only a few coins in circulating that have enough value to buy you a value meal from McDonalds. The real value is in variety and error coins, but that is a very deep pool for a beginner to dive into. To give a brief peek: 1. WAM cents from 1998-2000 (click the link for a picture). $5-20 for 1998 or 2000, $25-100 for 1999. 2. 1992 and 1992-D CAM. $1,000-5,000 for 1992-D, $5,00-25,000 for 1992. 3. Wisconsin State Quarter with an extra leaf on the ear of corn: $25-50 4. 1970-S cent small date: $20-50 5. 2007 George Washington dollar without edge lettering: $20-100 6. 2000 Sacagawea dollar from Cheerios packaging: $2,000-10,000
Edited by Finn235 12/09/2015 10:38 am
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Pillar of the Community
United States
3077 Posts |
I keep 82/83 nickels that are XF or better. no mint sets were made those years
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Pillar of the Community
United States
4963 Posts |
Huh. I get such huge quantities of 83-D nickels that I don't bother keeping any.
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Rest in Peace
United States
18456 Posts |
The best way to learn about coins is to get books and magazines on the series your interested in. Also try to attend local coin shows. you like coins ; then the key is to educate yourself on the subject of coins. whether it be ancient ,classic or modern.
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Replies: 11 / Views: 2,520 |
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