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 Replies: 11 / Views: 2,271 |
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New Member
United States
5 Posts |
No one in our family have ever been real collectors, but have been known to keep a few coins we liked in jars. I have grandma's little jar of coins. I pulled out a few of the nicer looking ones to pass down to my grandchildren, however still have 108 dimes (mostly Mercury) a few Barber halves, and about a dozen asst quarters (1908-1964). The coins aren't in great shape, but the dates are readable. In the old days (when I was a kid) these were considered 'junk coins'. What is the current thought about these type of coins? I'm thinking of liquidating them, not sure which route to go. The easy one would be to a gold/sliver place where I'm 99% sure they would be melted. However my gut tells me that isn't the right thing to do. I would keep them, but the price of silver is making tempting not to mention, the money would help my 75 year old mother out. Would love to hear your suggestions. |
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Valued Member
United States
314 Posts |
There are several of these coins that are no longer considered "junk" Your first step may be to list the years for each coin, with mintmarks on this very forum. There are plenty of nice people here who would be willing to identify any valueable coins that may be present. Secondly, you may move onto pictures of said coins. You can also purchase a price guide called the Red Book which will also help in identifying any scarcer issues before assuming that these are all "junk" |
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Pillar of the Community
United States
1510 Posts |
yes I would check these Quote:however still have 108 dimes (mostly Mercury) a few Barber halves, and about a dozen asst quarters (1908-1964). 108 dimes-- one of those could be a 1916 D which is 800-$1000-- let me know about the Barber halves I would be interested in them. good luck Retired USAF 1983-2003
Edited by Coinstar
03/30/2011 09:52 am
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Pillar of the Community
United States
4000 Posts |
I would sort them by denomination, date and mintmark. Go to numismedia.com and you will see a link for collector's price guide. Look up the G4 price for all the years and mintmarks. If the G4 price is out of whack compared to the rest of the series - those are the coins we would need to see. Otherwise, you could put them up on ebay and get at/near the price of melt for the lot. There is a minimum amount of time and number of posts required before you can attempt to sell them here. |
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Pillar of the Community
United States
4000 Posts |
Of course, if any of the coins are in really great condition, they could be worth more than melt value also.
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Valued Member
United States
287 Posts |
I'd suggest keeping more than you think you should in order to remember Grandma by....don't forget about the great grandkids down the road!
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Bedrock of the Community
United States
12437 Posts |
Quote:
The easy one would be to a gold/sliver place where I'm 99% sure they would be melted. Do not fear, most coins are not melted any more like they were in the 1960s-80s. One particular investment vehicle is 90% silver face value bags($100 and $1000 face value). They have low premiums(currently ~27x face value) and the silver content is known so there is no need for refining and assaying. |
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New Member
 United States
5 Posts |
Oh you'all are so nice. Thank you! Will dig out my magnifying glass (the eyes just aren't what they use to be), and note the dates and mint. Then will list, just in case there is something I didn't pick up on. ebay is an option, I've never sold, but been buying since the 90s. Maybe it's time to earn rather than spend. Jimineez - No problem I still have a coffee can full. Lots of pennies, nickles and dollars that date are from the same date range, as well as a bunch of grandma's 1965 - 1979. By the late 70's grandma had slowed down, but my jars take over. Who knows maybe mine will be worth something to my great great great grand kids. ;-) Biokemist6 - Now that is good news! Once something is melted, it's gone forever. So many nice pieces of sterling service ware are being destroyed. |
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Pillar of the Community
United States
1348 Posts |
You can always check out the buying section of these forums. There is always someone buying silver :)
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New Member
United States
5 Posts |
Well the eye are crossed, but here is the run down. I didn't notice any mint marks, however that makes sense. Grandma lived in Ohio during these years, and the Philly mint would have been the closest.
From what I've read non of these are special. However would like to make sure. So if any of these dates need a second look, please let me know.
Thanks again!
Dimes
191?
1916 X6
1917 X7
1918 X9
1919 X4
1920 X6
192?
1923 X9
1924 X4
1925 X6
1926 X9
1927 X5
1928 X11
1929 X3
1930
1934
1935
1937
1938
1940 X2
1941 X2
1942 X2
1943 X2
1944
1945
************
1947
1949
1958
1961
1961
1962
1963
1964 X5
half dollars
1904
1907
1908
quarters
1908
*****
Standing Liberty - 2X unknown dates
*****
1941
1943
1944
1952
1960
1964 X4
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Pillar of the Community
United States
737 Posts |
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New Member
United States
5 Posts |
Got the magnifying glass out, nothing special. Just some cool silver history. ;-)
Good news, the coins have found a new home! One of the forum members is adopting them.
As for the grand kids I kept enough for them as well as their future grand kids. They will just be a bit light on dimes and quarters. However for sentimental purposes pennies, nickles, and along with the dollars, should do the job. Then of course there are my coffee cans of coins.
Thanks again everyone for your tips.
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Replies: 11 / Views: 2,271 |
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Posted 03/30/2011 09:50 am
