I've been collecting coins lately and was wondering if there are any places that buy them for more than face-value. I'm also curious to know which years are the years to look-out for for which coins.
Right now, I'm just collecting any pre-70s coins.
I've been collecting coins lately and was wondering if there are any places that buy them for more than face-value. I'm also curious to know which years are the years to look-out for for which coins.
Right now, I'm just collecting any pre-70s coins.
OP - you will find many coin dealers selling 90% silver. See http://www.coinflation.com/silver_coin_values.html for info on melt value.
I can't help you with numismatic/collector valuations for rare coins.
Last edited by Bern; 03-23-2012 at 11:16 AM.
I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:
Tin Foil Hats, Economic Reality and the Total Perspective Vortex
Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's HR 1098: Free Competition in Currencies Act?
Yeah, I've thought about melting them myself -- LOL
I find it ironic as shit that the fed gets special above-the-law benefits when it comes to defacing and devaluing our currency.
I really hope the day comes that we get to round-up all of their I-owe-you pieces of paper and burn them all.
Edit: Thank you for the link, Bern.
I have quite a few quarters dates 65-69, but none 64 or earlier -- i guess it's no wonder why that may be.![]()
Last edited by revned; 03-23-2012 at 11:20 AM.
For dimes, quarters, and half dollars, 1964 and earlier are 90% silver. From 1965 to present, the dimes and quarters are "clad" and generally worth no more than face value, unless there's something odd about the mint strike. If you ever find a coin that has been struck off center or double struck, those are valuable to collectors, but of course they're really rare.
The one exception to the "clad/silver" rule is the Kennedy half dollar. Those with dates of 1965-70 are composed of 40% silver, and are worth more than face value, but less than the 90% coins of 1964 and earlier.
http://coins.silvercoinstoday.com/si...-half-dollars/
One thing to watch for in nickels: During World War II, nickel was more valuable for the war effort than silver, and during the years 1942-1945 the U.S. 5 cent piece (nickel) was actually made of 35% silver in combination with copper and manganese. Again, these are pretty rare to find in general circulation, but I would guess you would have a better chance of finding one of these than of finding a 1964 quarter.
http://coins.silvercoinstoday.com/si...-half-dollars/
One really interesting controversy that has been happening lately is the question of selling pre-1982 one cent pieces (pennies) for their copper content. From 1909-1981, pennies were made with 95% copper. Starting in 1982 pennies were composed of 97% zinc, with only enough copper to plate the coin. A lot of people have been collecting the pre-82 pennies with the hope of eventually selling them for their higher copper value, but at the moment such an act would be illegal.
Here's a link showing today's "melt value" of a pre-82 penny, as well as a list of early "wheat cent" dates that are worth a lot to collectors:
http://www.coinflation.com/coins/190...nny-Value.html
Hey, if you find a 1943 copper cent, let us know, will ya??![]()