[Silver] Coin Collections....going the way of stamp collections

[chapstic2001]

I recently got a few ammo boxes of coins from my father & late grandfather. I am not sure what to do with them and what their actual value is. One is full of silver proofs and commemorative coins from various places. Another has some US Mint Silver proof sets and the last is full of [mostly] circulated Morgan Dollars and Kennedy half dollars.

There does not seem to be the of value in most of them [just like stamps of yesteryear]. Mostly just face value or silver melted value. Outside of that, they do not seem like they are not worth a whole hell of a lot.

Any of you out there have any good sites or sources where I can have this stuff looked at? Curious if my basic online searching is steering me right.

[stevej37]

the Morgan Dollars might bring more than you expect.
The silver proofs and commemoratives will prob only bring the silver market price.

I brought my un-filled Morgan Dollar collection to a buyer and they gave me $680 for it.

[Jims5543]

Originally Posted by chapstic2001

I recently got a few ammo boxes of coins from my father & late grandfather. I am not sure what to do with them and what their actual value is. One is full of silver proofs and commemorative coins from various places. Another has some US Mint Silver proof sets and the last is full of [mostly] circulated Morgan Dollars and Kennedy half dollars.

There does not seem to be the of value in most of them [just like stamps of yesteryear]. Mostly just face value or silver melted value. Outside of that, they do not seem like they are not worth a whole hell of a lot.

Any of you out there have any good sites or sources where I can have this stuff looked at? Curious if my basic online searching is steering me right.

Any reputable coin / metal store will value your coins.

I have not sold any silver, so I have no real world experience. I know online sellers are also buyers, JM Bullion and SD Bullion have a online selling tab where you can see what they will offer.

[schamp]

On the Morgans. You can check eBay for existing prices (look for the buy it now price). If graded that will help a lot. If you are going to have a coin shop give you a price/appraise tell them that they will be paid for their work but will not be allowed to purchase. I collect morgans and can tell you that some are worth a lot more than you think.

[aigel]

At least they have their silver value, which isn't anything to sneeze at. Stamps often are completely worthless.

You can check precious metal sites such as Apmex for some of the more common coins and see what they sell for. They would also be a place to sell to, avoiding the often not so honestly run coin parlor in town.

[Rapewta]

Well, good for you. My children and Grandkids will probably inherit my silver like you did.
Buy the Guide Book of United States Coins for 2022.
I like silver but don't put a lot of my future in it.
Apmex.com is a good company for buying and selling silver. My advice is that if you don't need to sell the silver.... just keep it.

[Jims5543]

Ampex is another good dealer.

Hang on to it, thanks us later.

[chapstic2001]

Thanks for the insight. Sounds like apmex is the site to check out. My father and grandfather were investors on the conservative path, i.e. metals, bonds, CDs etc. Me, I went down the roller coaster route so tracking coins and metals is a new subject for me. No need to sell them so we will hang onto them as a diversification to the portfolio.

[aschen]

even janky common date morgans go for ~35$ each which is still 2 times silver content. Nicer vf/xf circulated morgans should be in the 40$ range.

A local coin shop should be happy to give 8-10% back of what they charge for them. It would be best to figure out for yourself if you have any desirable dates or mints. Cant expect a coin shop to spend hours on your stuff. They will likely price as bulk morgans which is probably accurate unless you get lucky

[GH85Carrera]

Why back in the stone ages when I was in grade school, silver coins were still in circulation. Our school required each student to buy a lunch token for a quarter. So lots of dimes, quarters & 50 cent pieces were brought in each day, even a few nickles. I was allowed to dig through the box of cash and swap out all the silver ones for regular coins at face value. I still have all of them. I missed a lot of lunches by using my lunch money for buying silver coins. I guess someday I might cash them out as part of my retirement. Just a few bucks per month.

[stevej37]

I only own one troy ounce silver bar. (it's quite tarnished)
Hard to see it on a photo...but can you read the words on the wings of the Stealth?
(A good guess will prob be right.)

[stevej37]

This is the only coin (of any value) that I own. A 1877 S US Trade Dollar. Not even sure what it's worth.

[Rapewta]

Looks like anywhere from $165 to $300 judging by it's condition.
That info is from the 2022 guide book of United States Coins.
Perfect condition is $1,450.00

[stevej37]

^^^ Thanks.
The edge has some minor gouges...so it's def not perfect.


Nobody guessed on the stealth wing message....
"If you can read this...you are f***ked.

[Arizona_928]

Originally Posted by stevej37

Nobody guessed on the stealth wing message....
"If you can read this...you are f***ked.

Comical. With the billions in munitions left in Kabul, and in turn shipped directly to Iran. American citizens and visa holders killed as the Taliban went door to door, and we give them more tax payer cash.


I think the only person fuched is the United States....

[stevej37]

^^^ I wasn't intending to send this to parf.

[rockfan4]

Originally Posted by GH85Carrera

Why back in the stone ages when I was in grade school, silver coins were still in circulation. Our school required each student to buy a lunch token for a quarter. So lots of dimes, quarters & 50 cent pieces were brought in each day, even a few nickles. I was allowed to dig through the box of cash and swap out all the silver ones for regular coins at face value. I still have all of them. I missed a lot of lunches by using my lunch money for buying silver coins. I guess someday I might cash them out as part of my retirement. Just a few bucks per month.

I have the opposite story. My parents gave me money for picture day, and I spent it on something I wanted. So I ended up using some silver half dollars my dad had given me for the picture money. I want to say it was $3.50, so 7 half dollars. Still bugs me I was dumb enough to do that.

I also have a silver dollar that my dad carried in his pocket. It's worn completely smooth on both sides. Priceless to me.

I collected the state quarters and later the state park quarters. I'm amazed how quickly they're tarnishing. I should just dump them in the coinstar for what they're probably worth.

My brother has some proof sets from the 80's that have ended up with me. Looking on eBay it seems they're barely worth above face value.

[stevej37]

I worked in a retail store for a while in my 30's
One day a young kid came in and bought a $1 item and paid for it with a $5 bill.

When he left...I looked at the bill and it had blue lettering. (silver cert.)
Taken from his fathers collection.

[aschen]

Born in 76, knew all through the 80s to look for 64 and prior coinage. To this day never seen one in the wild, though I know plenty of people who have.

It amazes me there is a lot of not particularly special junk silver from the late 50s and early 60s that is basically AU. Before my time but I guess everyone knew in that time frame to start pulling out coins. I dont have much junk silver but most the Washington quarters, franklin halves, and roosevelt times look AU

[stevej37]

I like the New York Times.