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 Replies: 10 / Views: 1,887 |
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Valued Member
Virgin Islands (U.S.)
68 Posts |
For me, the biggest aaaaauuuuuggggghhhh! moments come when you find yourself with a coin you've come across in pocket change or however whose mintmark (or lack of one) nakes it a barely-missed coin worth little more than melt value.
I ran across this today. In my throwaway bucket that I send off for melt is a 1932 (no mark) Washiington and a 1942 (no 2 over 1) Merc dime.
If only. If only. Aaaaauuughhh!
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Pillar of the Community
2145 Posts |
A 32-p Washington quarter should never be in a melt bucket. Nowhere near the cost of the D or S mint quarters but still very collectable as the first year minted in the series |
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Pillar of the Community
United States
600 Posts |
I can't say that really bothers me much. Let's face it, coins become valuable because they are rare. The vast majority of all coins will be the most common mint mark and not a special variety. If that bothered me, I'd be bothered 99% of the time I look at a coin...and 100% of the time I've ever looked at a 1909 cent. What I personally hate is when you finally find a special coin you've been looking for only to discover that it was cleaned or has some other issue. What really really hate is when I'm looking at one of my old albums and realize that my deteriorating eyes deceived me and one of my coins is in the wrong spot and I have a new hole to fill!
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Pillar of the Community
United States
591 Posts |
Your comment reminds me of the metal detectorists (no offense) that find a 1965 dime or quarter and say "ugh, missed silver by one year". Is that like having a 1916 Mercury dime and thinking you were close to having a 1916-D? "Close" only counts in horseshoes, right? |
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Pillar of the Community
United States
1613 Posts |
I get alot of auughhh moments looking at the "toned" coins on ebay.  ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Valued Member
Canada
235 Posts |
I was fortunate enough to work in and around coin shops for decades; what "gets melted" would curl your socks. When the Melt Value of an AG '32-P Quarter reaches 10, 15 x FV (or more than anyone will give you for it at a show)-they go byebye. I saw lots of semisemi-key dates sold for melt-it just wasn't worth fishing them out and hanging on to them
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Valued Member
 Virgin Islands (U.S.)
68 Posts |
@onefinedime said >> Your comment reminds me of the metal detectorists (no offense) that find a 1965 dime or quarter and say "ugh, missed silver by one year". << I'm one of those metal detecting guys (no offense taken; we really are an odd lot, like privy diggers). I tend to stick to sidewalk pull-ups in old commercial districts when I run across them; Amazing the things you find there. My best find in one of those was an 1877-O Seated dime.:No collector value, worn as heck and plenty of environmental damage, so it's only good for melt but I keep it around for sentimental value. I've found plenty of other oldsters, but unless it's anything gold or silver, they're just environmentslly trashed beyond all reason and not worth the excitement. Nickels are the worst. Coppers are often just marginal. Still, it's something I do from time to time. |
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Bedrock of the Community
United States
20753 Posts |
Never could see melting any coins.
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Bedrock of the Community
Australia
21786 Posts |
For me, it is an otherwise very valuable coin with very serious damage.
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Pillar of the Community
United States
3343 Posts |
The old cans full of silver melters.... I remember one dealer 10-15 years ago who tossed the G-VG 1919-D and 1923-S Walkers in the bucket. 1933-S's up to VF, and plenty of 28's and 29's. Probably from a lot of old blue Whitman folders. He had pretty good Peace dollars too. I sifted through them looking for full strikes, including this one.  Not rare, just sharp hair. From time to time a 1934-S would show up, but in low grades. Lots of visits, always new stuff. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
01/09/2021 11:02 pm
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Valued Member
Canada
235 Posts |
"Melt" is a misnomer of sorts... $1000 FV Bags of Silver, and bags of 40%, Warnix are traded, needed to fill orders, used as hedges, etc. It's a Rare Thing that non-damaged or avecirc coins go and get melted-the demand for Physical is great; besides, the cost of the energy and acids needed would outstrip the profit, in many instances.
Edited by whatdowehavehere
01/11/2021 6:01 pm
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Replies: 10 / Views: 1,887 |
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Posted 01/07/2021 2:40 pm
