| Author |
 Replies: 11 / Views: 2,416 |
|
|
Pillar of the Community
United States
2637 Posts |
Just bought 10 silver quarters and 5 dimes. Not worth photographing.
Elizabeth and George VI. Several of the 2x2s had prices on them, including a 1960 quarter that was 50 cents. Even presuming that was $.50 US, when was the last time a silver Canadian quarter would have listed for 50 cents in an LCS?
FWIW, I finished another roll of QEII silver quarters, and started a new one.
|
|
|
|
Bedrock of the Community
Canada
21589 Posts |
Possibly the seller did not know that it contained 80% silver
and thought it was just an ordinary quarter.
|
|
Pillar of the Community
 United States
2637 Posts |
2x2 was marked Canadian silver.
|
|
Bedrock of the Community
Canada
21589 Posts |
Well, that shoots that theory down then.
|
|
Pillar of the Community
United States
1484 Posts |
Had to have been in the 1960s, when it was still a face-value coin.
|
|
Bedrock of the Community
Australia
21786 Posts |
In the early 1970's is the short answer.
After that period, the silver price started to be much more volatile, and so a LCS would have to respond by varying the seller price for a silver CDN quarter on a much more frequent basis.
|
|
Pillar of the Community
Canada
5239 Posts |
The last year for silver issued for face value in Canada was 1968. It was in the early 1970s that silver started to be vigourously taken out of circulation.
|
|
Pillar of the Community
 Canada
5393 Posts |
Short answer when silver was around 3.33 an ounce
3.33 x .60 = 2.00 per dollar . In reality it was not uncommon
to find some Canada silver 10 or 25 cent coins in change as
late as1974 early 1975 if you searched rolls hard enough.
Easy to find an historical silver charts on GOOGLE that
Shows 100 years of silver prices .
Edited by Pacificoin
11/08/2022 7:28 pm
|
|
Pillar of the Community
Canada
557 Posts |
I delivered newspapers in 1975 and on collection day I always pulled a few silver dimes and quarters out of the payments and replaced with non silver change. In 1980 during the brief silver rush I was selling those dimes for $2 a piece and the quarters for $10.
|
|
Pillar of the Community
United States
4233 Posts |
My 1974 Charlton lists quarters later than 1959 for 55 cents or less in UNC. That may not have been the "last time" of course, but probably by 1980 prices were higher. I still have a few US quarters in original LCS 2x2s from the late 1950s in UNC that I bought for 60-75 cents, also around 1973-1974, if US examples can be a rough guide.   |
|
Pillar of the Community
Canada
557 Posts |
For a brief period in January 1980 the Hunt brothers attempted to corner the market on silver, prices rose from $6.08 per troy ounce ($0.195/g) on January 1, 1979, to a record high of $49.45 per troy ounce ($1.590/g) on January 18, 1980, an increase of 713%! I was fortunate enough to be selling off my hoarded silver circulation change.
|
|
Pillar of the Community
United States
834 Posts |
|
| |
Replies: 11 / Views: 2,416 |
|
Posted 11/08/2022 6:22 pm
