Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Silver Coin Collecting

To participate in the forum you must log in or register.
Author Previous TopicReplies: 27 / Views: 4,497Next Topic
Page: of 2
Pillar of the Community
1c5d7n5m's Avatar
Belgium
1185 Posts
 Posted 07/13/2019  10:46 am  Show Profile   Bookmark this reply Add 1c5d7n5m to your friends list Get a Link to this Reply

Quote:
It's anyone's guess what will happen to silver.


I appreciated your summary of historical aspects @Finn235 !

one element to add is the gold/silver value on a gram/gram basis of pure metal

for centuries (between 1500, when the first talers appeared) and the 1960-ies, when silver coins where replaced by nickel relatives, this ratio was about 14-16
for instance a silver guilder and a gold 14 guilder from the 18th century Holland had the same weight, 10 g
this ratio more or less reflects the abundance of these rare metals on mother Earth

However, today the gold / silver ratio is slowly moving to an astonishing 100 - about 6 times off the historical value
why this happens is an interesting question; two mutually non-exclusive possibilities:
$ market mechanisms keep silver prices artificially low
$$ gold values are too high

Edited by 1c5d7n5m
07/13/2019 10:48 am
Bedrock of the Community
Dorado's Avatar
Canada
24885 Posts
 Posted 07/29/2019  3:31 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
I found this coin in circulation, last 2 weeks, I couldn't believe my eyes...


Silver-Coin-Collecting

Silver-Coin-Collecting
Moderator
Learn More...
jbuck's Avatar
United States
188974 Posts
 Posted 07/29/2019  4:27 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I found this coin in circulation, last 2 weeks, I couldn't believe my eyes...
Nice find!
Valued Member
United States
54 Posts
 Posted 08/02/2019  5:10 pm  Show Profile   Bookmark this reply Add hullamania to your friends list Get a Link to this Reply
For two reasons, I get excited any time I find an old coin, whether silver, copper, or nickel. First is that it rarely happens. Second is that I feel like I am rescuing the coin, even though I know it was made for circulation. It may worth more than other circulating coins, but that's only true if it is sold. I only buy and find, so, for me, the value is intrinsic.
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 08/04/2019  5:12 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Both times silver prices climbed, (in the last 50 years) was due to manipulation, not by natural market forces. That being said, I consider silver a decent store of value, not so much a money maker. I discovered silver coins back in the 1970's when I was a teen. Since then, I've found thousands of silver coins at face value. I have no reason to sell anything. I also metal detect and have found hundreds of silvers, earliest dated 1758, and several silver dollars, all dug in my home town area. Good luck on the dirt fishing.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
Kopper Ken's Avatar
United States
3402 Posts
 Posted 08/08/2019  10:42 am  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
A coin, is a coin, is a coin...by anonyomus...no really, by me.

KK
Pillar of the Community
jfransch's Avatar
United States
1801 Posts
 Posted 08/12/2019  12:32 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
My advice to all is never stop looking. I was pulling Mercury's out of rolls of dimes as a kid pre 1964 when everything was silver. gradually saw the clad coinage take over so started pulling out all the silver I could find and afford to hold. Fast forward to today, at 64 I still ask at the bank every time I make a deposit "do you have any half dollars someone has turned in?" (I am not interested in the boxes ordered from the armored car companies). And you never know when you will get lucky, last Thursday the teller (I worked at the bank for 25 years, they know mw and save stuff for me) said she had three rolls that were brought in a few days ago. Paid my $30, went back to my office for an appointment with a friend who is a fellow member of our local coin club and we smiled from ear to ear when I opened them. Out of 60 coins I got 2 Franklins, 12 1964 Kennedys and 27 40% Kennedys. Lots of silver coins still out there, never stop looking. Finding silver in circulation is still a rush for me, not because it is worth more but just the thrill of the hunt. My son is 30 and he also constantly looks for silver. About a year ago he saw flashes of "white" in a baggie of quarters a man was putting in the Coinstar machine where he shops and ran over, told the guy he needed quarters and bought all that had not made it into the machine. Sorted through them and found 13 dated 1964 and earlier.
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 08/18/2019  12:58 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I remember when the price crashed in 1980. The years following, especially from 2007-2010, I had never seen so many silver halves (I was hunting banks and boxes). I knew bank managers that were ordering boxes before I had started. Some boxes were half full of 40% coinage, which the managers cashed back in, as us old-timers only kept the 90%.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
CalzoneManiac's Avatar
United States
2233 Posts
 Posted 09/03/2019  8:33 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
From what I've heard, halves are the easiest way to find silver today. Unfortunately, most banks might not have halves available.
Valued Member
bigmarty58's Avatar
United States
64 Posts
 Posted 09/10/2019  6:46 pm  Show Profile   Bookmark this reply Add bigmarty58 to your friends list Get a Link to this Reply
It is fun looking for silver coins in rolls!
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 09/10/2019  7:08 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Up until about the mid 1960's, silver was the basis of the Worlds circulating currencies from ancient times, 2,500 years ago.

Silver was regarded as MONEY. Sadly, it isn't now.
I am somewhat of an obtuse sort of collector.
That is why silver coins form the basis of my collection, that covers the whole 2,500 years of numismatic history.

Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 09/10/2019  8:06 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply

Quote:
From what I've heard, halves are the easiest way to find silver today. Unfortunately, most banks might not have halves available.
No problem. Ask your bank to order a box ot two. Haven't had a bank not order a box. If they can't, find a new bank.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
  Previous TopicReplies: 27 / Views: 4,497Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.37 seconds to rattle this change. Forums