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 Replies: 30 / Views: 11,999 |
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Moderator
 Australia
16834 Posts |
Quote:
Bilboleslie said:
I am aware of only two countries where you can still pick silver out of circulation - USA and Canada.
Are there any others that you can think of where you can "regularly" find silver in change? Obviously, a silver coin - say, from Russia - might fit into the slot on a pop machine and appear someplace - but are there any other countries where it is still "routine?"
Bowfin said:
Like the U.S. and Canada. I would imagine any country that changed only the metal in their coinage, might have a chance of some stray silver still floating around.Bowfin has the answer: search for countries that have not changed the designs and dimensions of their coinage since the 1960s. After doing such a search, you will find that, apart from the United States and Canada, there is only one: Switzerland. Switzerland hasn't changed the design of its coins since the mid-1800s. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
958 Posts |
metal prices have people in every country picking silver and copper out of change.
If its " still in circulation " dont expect it to stay in circulation to long.
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Pillar of the Community
Germany
1238 Posts |
Quote:
Bowfin has the answer: search for countries that have not changed the designs and dimensions of their coinage since the 1960s. After doing such a search, you will find that, apart from the United States and Canada, there is only one: Switzerland. Switzerland hasn't changed the design of its coins since the mid-1800s. Right, that applies to most Swiss coins. And yet, only the 10 rp/ct coin has been the very same since 1879. All other Swiss denominations have different compositions or designs today. Here is a brief list of what circulation coins are legal tender in Switzerland: 0.05 since 1980 0.10 since 1879 0.20 since 1939 0.50 (1/2 fr) since 1968 1.00 since 1968 2.00 since 1968 5.00 since 1994 (the 1968-84 issues are legal tender too) So no, there are no silver circulation coins in Switzerland. Now you may come across a silver 20 fr collector coin - those do not actually circulate either, but you can get them at face. So in theory they could be found in circulation. Practically however ... :) The same applies to Austria and Germany too: Both countries regularly issue silver coins at face. But as in other countries, what is not "standard" is not really used in circulation. Christian |
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Valued Member
 United States
137 Posts |
Bowfin didn't have an answer, he had a homework assignment. That would take a long time to study. I was hoping that someone knew of a country where silver still circulates.
I've heard before that "the silver will disappear shortly." Maybe so. On the other hand, I've been picking silver out of Kennedy's at a rate of 2.5% or so for years. Silver is trending down, but it's a shallow curve. Dimes seem to run at around 1%. Silver nickels too low to rate, but they are there.
Due to limited feedback on this topic, I think the answer is "no place except USA and Canada." And interestingly, our countries cross over - you can pick up USA silver dimes in Canada, and vice-versa.
I really prefer to search half dollars. Always interesting stuff in half dollar bags. Lately, Canada two dollar coins have been popping up. I also picked out three large cents, one Canada .50 silver 1964, and of course, miscellaneous junk coins and tokens.
Good luck searching to all!
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Pillar of the Community
Germany
1238 Posts |
There simply is no country that issues plain circulation coins in silver, gold, platinum etc. these days. Those old silver pieces "circulate" in the US because, unlike pretty much every country on this planet, the US does not recall the legal tender status of older coins. But if the only point is "finding silver", I find it easier to pick up a €5, €10 or 20 Fr silver coin at face around here ...
While traveling in the US the other day, I wanted to pay at a post office, and had an old dime in my pocket. The man behind the counter actually told me "Sir, this is a silver dime". I found that very nice but do not really care about whether a piece I use has silver in it or not. So he got it. :)
Christian
Edited by chrisild
01/11/2011 1:32 pm
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Pillar of the Community
Canada
3692 Posts |
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Pillar of the Community
Germany
1238 Posts |
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Valued Member
United States
183 Posts |
most of the silver in circulation doesn't stay there for long. it probably just re-entered circulation when someone died or a kid got into a parent's collection to spend.
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Pillar of the Community
United States
8904 Posts |
Quote:Copy the text you want to quote, paste it into the reply box, and then put Quote:
before it and after it.... Quote me! becomes... Quote:
Quote me! Or you could paste your copied post in the response block, highlight it and then click on the item that looks like a letter with a red arrow next to it in the above Format menu:  and voila! The ["quote"] appears before & after and it's like: Quote:
Quote! Edited by Moe145
01/15/2011 1:29 pm
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Valued Member
United States
137 Posts |
Thanks for all the feedback. It helps.
Searched another bag of dimes on Friday. ($500 face.) Found 5 silver dimes (oldest 1954.) That's .1 % silver. That's much worst than I have been doing with halves. Halves typically run about 2% to 2.5 % silver (counting 90% and 40%)
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Valued Member
United States
137 Posts |
Searched partial bag of dimes from a bank machine.
$328 face resulted in:
five mangled pennies
no silver.
one 10 centavo Mexico.
Second partial bag:
$332 face resulted in:
1 1963d silver dime
one mangled penny.
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Pillar of the Community
United States
593 Posts |
That seems to be a lot of work to find a very small amount of silver.
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Pillar of the Community
United States
3294 Posts |
If I was finding 2% silver in halves, I would be doing it. It takes about 30 mins to search $500 of halves, and if you get 2%, that is about $40-50 in profit (even if they are 40%). That is worth my time. Sadly, I was getting around .1%, which was not.
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Valued Member
Finland
294 Posts |
I guess in Sweden you can still find 1 krona coins with silver. Older types are still in circulation and are with same diameter than new ones. One krona is worth about 10 eurocents nowadays and it will be replaced with smaller coin in coming years.
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Valued Member
United States
138 Posts |
I have not found a silver coin in circulation in years, and that includes searching thousands of Half dollars.
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Replies: 30 / Views: 11,999 |
First Page
Posted 01/10/2011 7:55 pm
