Silver Coin Collecting

Most of the time when people get really excited they had found it in change or for face value. Any of those found for face value are worth more than face value hence the excitement. There are a percentage of collectors that think that real money has to be silver or gold which is a different dicussion, but the short answer really is just they are excited they found something worth more than they paid

Nothing like finding some hard money in circulation. I can't say it's ever happened to me, but I certainly would be delighted if it did.

I hven't found a silver dime or quarter in circulation for a long time, but I still find a couple of War Nickels a year. One of the places I work has a cash register, so that helps.

today with the relatively low silver price, buying post WW2 silver coins is indeed a good investment
holland (guldens, rijksdaalders) france (5 fr semeuse) and switzerland (2 fr 5fr)

for coin collecting I agree with Spence; history is very interesting

To the Forum.

It's anyone's guess what will happen to silver. Historically, silver value mostly kept pace with face value until the early 60s, when it began to sneak past, culminating in the removal of silver from circulation almost worldwide. It crept up slowly until the Hunt brothers attempted to corner the market in the early 80s. During that time, nearly all circulating silver was removed, and a pretty large percentage of it was probably melted. It held fairly steady at about $5/oz from the mid 80s until the mid 2000s, where it shot up to almost $50/oz again in mid-2011 (still kicking myself for not offloading all of my silver then!) and has been slipping ever since. It has been pinballing between $14 and $17 for the last few years, and hasn't gone below $13 in over a decade. Thanks to inflation, I don't think it's possible for silver to ever go below $10 again. I'm sitting on several ounces that I intend to offload if it ever hits $25 again. If I'm lucky, that will let me buy a new TV or a nice grill; certainly nothing to retire on.

With few exceptions, coins are a poor investment. As far as hobbies go, they are highly liquid and at least shouldn't lose much value, but precious few coins gain value at all, let alone ahead of inflation. A much better bet would be to buy coins to flip for a quick and modest profit, and then invest that money (or even just the profit) into stocks, or if you are brave enough, crypto.

" I'm sitting on several ounces that I intend to offload if it ever hits $25 again. "

Are these old silver coins that you have, and if so, who would you sell the coins to?
If you decide to sell when the price is higher, who would want to buy it?
This is all new to me. I purchased a metal detector, and have found coin collecting
and metal detecting are made for each other.