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Thread: Is there a market for old quarters, nickels, pennies, and dimes?

  1. #1

    Default Is there a market for old quarters, nickels, pennies, and dimes?

    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.



  • #2

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    Quote Originally Posted by revned View Post
    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'd look around on Ebay to see what you find.

    Incidentally, almost all coins are worth more in their base metals than their face value. It's illegal to melt them down to their constituents, although I'm sure people do it.

  • #3

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    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?

  • #4

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    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.

  • #5

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    Quote Originally Posted by revned View Post
    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.

    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??

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