Silver coins more collectable?

Zorman

Dose the price of silver make my coins more collectable?
I like to collect coins that are pre 1965 and silver. It seems like there are a lot out there
But with eBay I would think it would dry up soon. Also with the price of silver growing up. Silver coins would go up also wouldn’t they?

Jody526

If the intrinsic value outweighs the numismatic value of the coin, then I would think the spot price would have a big effect on that particular coin.

fullerfun4

The price of the content of a coin usually onlkt affects bullion coins, such as silver eagles, or junk silver coins, which are circulated, common date coins with high silver content. Collector coins with numismatic , historice value, are not affected much by the rise and fall of the value of the metals. They have a higher value due to their collectability.
Gary

fishcooker

Might make them less collectable - as prices rise collectors like me look elsewhere or do other hobbies.

*How* high is an ordinary roll of Franklins today????

relayer

Understand that the ones around today survived the $80 oz meltdown

Zorman

so what year was this? when silver was $80.00 and i wonder if ebay was around there would be any coins left?

davewang202

I think the peak was $52.50, and it was a narrow peak.

SDSportsFan

I believe silver peaked at just over $50.00 an ounce back in 1980-81. That was when the Hunt brothers unsuccessfully attempted to corner the world's silver supply/market.

My parents bought 36 ounces of silver at just over $40 during that run-up. It passed down to me when my father died in 1999. I just sold all of it a couple of years ago at around $6 an ounce, just to be rid of it

Steve

ddink

Just remember, as the price of silver rises, more and more abandoned mines suddenly become profitable again...

cladking

Spot silver peaked at a little over $50 per oz in mid-Jan, 1980. The futures price
was pushing $80 at the time. There was a significant discount for coin because the
refineries were backed up about six months and no one wanted to pay full spot for
coin that might lose value in storage. The metals were limit up for the last couple weeks
of their move so the price did not last very long. In September '79 silver was still under
$10.

Just as money is determined by peoples perceptions, so too is collectibility. If rising silver
prices make more people believe that silver is more collectible then it will increase rel-
ative to non-silver coins. This may not be likely since silver and gold have been collected
by numismatists almost to the exclusion of other metals for a couple generations. The
last time metals increased much of the profit made by dealers and collectors went right
back into silver coin, but these were hot even before the metals started up.

Skipper53

IMO: rising silver prices will positively effect melt prices.
Since those increases are pennies per ounce, collectable
coins shouldn't increase by much.
Coin prices are more influenced by scarcity and demand.
.
Now, if you had bought a lot of silver bullion two years ago....
.

ARCO

In low grades of G and VG the larger silver coins of the quarters, halves and silver dollars may increase a little because their premium over silver content is quite low as low grade and common collectors items. Higher grade collector coins that trade at hundreds to thousands of times face value probably are not affected in the slightest degree.

Tyler