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 Replies: 16 / Views: 2,689 |
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Pillar of the Community
United States
5832 Posts |
I am looking to off load these junk silver? So at what condition is consider junk, no date, barely seeing 2 digits, bottom of year unclear, scratched, wipe clean, erasered? When you look at these coins, you think what I am thinking?     |
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Pillar of the Community
United States
1801 Posts |
I personally would never consider any "classic" design coins as junk silver even in that grade. If you want to off load them at or right above melt, send me an I'm and I will buy them to donate to some of the kids I am trying to get interested in coin collecting. To me junk silver is 1960's silver coins that are around in buckets full.
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Valued Member
United States
397 Posts |
IMO any pre-1900 silver coin will never be 'junk' outside of severely worn , common date morgans.
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Pillar of the Community
United States
3345 Posts |
Yes I feel the same way about junk silver.
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Pillar of the Community
United States
3402 Posts |
Yeah!! If you want to say Peace dollars, Morgans, Washingtons etc., any 20th century well worn would be junk, OK. Silver will come back down when there's better places to put your money. Numismatic value will reign once again. Hold onto your 19th century silver. There will be holes to fill!! KK |
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Pillar of the Community
 United States
1888 Posts |
If I found those well worn classic coins in the local junk silver tubs I visit regularly, I would snatch them out in a heartbeat.
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Pillar of the Community
United States
609 Posts |
If you want to sell em to me as junk...  |
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Bedrock of the Community
Australia
21788 Posts |
To me, the fact that a silver coin is consdered 'junk silver' depends on value, not condition.
A junk silver coin is one that is worth no more than it's silver content.
Those very worn coins illustrated are not junk; they are too valuable for that for my opinion. I challenge anyone here in the CCF to have these melted for their silver!
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Valued Member
United States
294 Posts |
I agree, the term "junk" is used in a different context when referring to coins as opposed to say, cars. Junk silver denotes coins with no numismatic value, but are worth more than face due to the precious metal content. Rarity should not be a factor when determining whether a coin is "junk" silver.
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Pillar of the Community
 United States
5832 Posts |
In light of it all, I am looking at it at a different perspective now. As some of you say that time is the factor, so maybe in another 20 to 30 years from now, we will say the 1940's, 1950's coins has become a classic piece. That say, with silver going up like the 80's we may see another melt down of those coins I just mentioned. Of course, there's been talk of a cashless and credit society in our future, as I read from the past that some states prefer using the CC system, and would penalize using cash.  |
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Valued Member
United States
397 Posts |
For me, junk silver is anything from the current series or one back in less than AU - keys and semi-keys excepted. So, Roosevelts and Mercurys, Washingtons and Standing Libertys, Kennedys and Franklins. I also won't buy junk in the condition shown above - there's too much in the XF range for anything in less than Fine to interest me.
But - any series before those (Barbers, etc.) I snatch out of the junk bin every time I see them regardless of condition. So, like the others, if you want to sell those to me at melt or slightly above, I'll take them.
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Pillar of the Community
United States
1510 Posts |
Ham you beat me to it that "Bust half" I dont have one of those.....
Retired USAF 1983-2003
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Pillar of the Community
United States
5832 Posts |
I was thinking about putting it in the CCF online 7 days auction. I will put it up shortly tonight.
Bid will start at melt.
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Pillar of the Community
United States
5832 Posts |
OK gentlemen and ladies.
Its up now, silver prices when down in Asia, so it the starting price. Good luck all.
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Bedrock of the Community
United States
14454 Posts |
I agree with the comment above saying junk silver is one that has no added value over its metal content. In my opinion those you show would be considered "junk silver"
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Pillar of the Community
United States
5854 Posts |
I would agree that junk silver are coins have no premium above their melt value. IMO, the two Seated coins would be junk silver but I would not consider the bust half as junk silver. I am wondering if that is a 1834 bust half as there seem to be the faint traces of a 4 and the design suggest only a limited number of possible dates.  |
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Replies: 16 / Views: 2,689 |
Posted 07/30/2011 9:44 pm
