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 Replies: 7 / Views: 2,739 |
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Valued Member
United States
61 Posts |
I'm new, so perhaps everyone already knows this... I work at a coin shop and it KILLS me to see all of the silver coins that get bagged up for melt. I received permission to go through the bags (the post regarding searched bags was on the money - dealers don't have time to do it). I did Washington quarters, 4 $100 face bags. I found unc coins in the 40's, a coin that booked for $27 and several in the low teens, and literally dozens of coins that I holdered and put out for inventory. My point is NOT that you should search junk silver. Everyone knows that. My revelation (at least it was to me) is that I found a grand total of 0 1958-P quarters in any condition. 1600 quarters searched and 0 1958s. Did everyone know they were this tough? I'm on the lookout for them now.... |
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Valued Member
United States
335 Posts |
I imagine it's just the luck of the draw. When my son was working on his clad quarter set, it took him months (and, I'm sure, way more than 1600 quarters) just to find a 1973-D--and those are certainly not rare. We've found several since then, of course.
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Valued Member
 United States
61 Posts |
Maybe - but we have about 10,000 coins in stock at our store and we have 1 1958 quarter. Seems like more than a coincidence. Just FYI for those looking to put away tough dates on the cheap. This may be one.
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Valued Member
United States
171 Posts |
I just so happened to have received an AWESOME BU 58 P quarter off ebay this week for $5.15 including shipping. It was a smooth transaction and I'm totally pleased.  |
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Valued Member
United States
61 Posts |
I'd say that was a good buy!
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Valued Member
United States
258 Posts |
I concur that this trend of melting silver is causing a very high attrition rate for many silver coins we might consider to be "common". I have been setting aside many of the rarer silver 90% bullion coins (mintages of 15 million or less) and have been glad I did. When building sets it seems like all of these coins truly are hard to find. The law of supply and demand should eventually take effect. A lot of bags of silver were melted in 1980. More have been melted in the last few years. Even more will be melted in the near future. The amazing thing to me is that a lot of dealers simply do not care and WILL NOT take the time to search stuff customers bring in. That is fine if the stuff is going into bullion boxes for sale to those of us who cherry pick. It is not acceptable if the coins are heading for the smelters....  Sincerely, John Leckrone |
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Valued Member
United States
61 Posts |
925dealer: Go through the War Nickels and see how many 43-D's you find. That should be on your list if it isn't already. |
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Valued Member
United States
258 Posts |
Quote:Go through the War Nickels and see how many 43-D's you find. That should be on your list if it isn't already. I know what you mean. Don't forget the 1944 S as that is another hard to get one. Over the last few years I acquired around 600 War Nickels and was very surprised at how few of those two coins were in with the rest. These two coins are the ones most likely to be missing when buying books of nickels in the grouping of War Nickels. Sincerely, John Leckrone |
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Replies: 7 / Views: 2,739 |
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Posted 07/27/2010 09:43 am
