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My neighbors silver coins
Teva
Posts: 830 ✭
My neighbor is a senior nice retired fellow keeps to himself
lives alone with his dog. His kids live out of town and he was widowed a few years ago. He comes knocking on my door today
and says he knows I collect and was wondering if I would be intrested in some silver coinage. He told me he used to work at a local bowling ally back in the 1960's and would always empty the vending machines and for years he bought all the silver change.
He said he needed to repair his car in the worst way so he was trying to raise some money. I looked at his coinage and it was all junk silver so I told him it was not my cup of tea.
When I told him that he was crushed I could tell so I volunteered
to take him to the local B&M. He had three boxes of U.S silver coinage and we grabed one and off we went.
It was everything I could do to carry that box and my nieghbor had no clue as to the value. They put the coins in the counting machine
and it rang up at just a little under $24,000!!
We leave and when we get in the car he breaks down
he was so happy he couldn't help it he had no idea.
He tells me he had only $36 dollars and change in his bank account
and was at the end of his road when he knocked on my door.
He gave me two walkers for the help I knew better than to say no.
lives alone with his dog. His kids live out of town and he was widowed a few years ago. He comes knocking on my door today
and says he knows I collect and was wondering if I would be intrested in some silver coinage. He told me he used to work at a local bowling ally back in the 1960's and would always empty the vending machines and for years he bought all the silver change.
He said he needed to repair his car in the worst way so he was trying to raise some money. I looked at his coinage and it was all junk silver so I told him it was not my cup of tea.
When I told him that he was crushed I could tell so I volunteered
to take him to the local B&M. He had three boxes of U.S silver coinage and we grabed one and off we went.
It was everything I could do to carry that box and my nieghbor had no clue as to the value. They put the coins in the counting machine
and it rang up at just a little under $24,000!!
We leave and when we get in the car he breaks down
he was so happy he couldn't help it he had no idea.
He tells me he had only $36 dollars and change in his bank account
and was at the end of his road when he knocked on my door.
He gave me two walkers for the help I knew better than to say no.
Give the laziest man the toughest job and he will find the easiest way to get it done.
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Looks like he is sitting on 2 pretty nice checks with the other 2 boxes.
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Nicely done!
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Pls. make sure that the B&M gives him the correct value of his silver coins.
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Thanks for sharing.
I used to be famous now I just collect coins.
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Just kidding - Very nicely done on your part.
Nice job, you should have purchase some and waited a year and you could have upgraded your collection with the proceeds. Nice job of helping a neighbor.
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<< <i>Just remind him the tax man is going to want 28 percent of that next year on his taxes. He'll be in the same state next year if he spends it all. He should have only sold a portion IMO, silver is a good way to preserve purchasing power and now he's in dollars that are going to take a hit the next few years until it bottoms.
Nice job, you should have purchase some and waited a year and you could have upgraded your collection with the proceeds. Nice job of helping a neighbor.
He has two boxes left. I hope he at least learned to sell them right when the time comes.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
That is awesome.
I think I might have dug around for a while in those coins! If he had walkers to give, there had to be something there.
Way to go and thanks for sharing!
All I did was take a hour of my time and help a senior neighbor.
I really feel like I was the winner my neighbor went from distress
to total elation in a hours time and I got to share that with him.
Plus I made a friend in the process so you can see why I feel like the winner. I am sure most of you would of done the same if you where in my shoes.
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<< <i>Thanks for the complements but I am not deserving.
All I did was take a hour of my time and help a senior neighbor. >>
You are deserving of the compliments. Not everyone would have taken the time. And some would have ripped him off.
Your story made my day. Thanks!
Apparently he has 2 more boxes full of silver coins...Have him put you in his will
<< <i>Your story made my day. Thanks! >>
Mine too!
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And, you did more than just be there; you pointed him in the right direction. If he had gone to a "cash for gold" service rather than a coin dealer, he might have gotten thousands of dollars less. You helped him realize the true worth of what he had, and he is someone who needed every cent of it.
you earned your wings
Steve
<< <i>Was it 24,000 grand in 90 percent silver? What times face were they paying? >>
This please. We didn't hear if it was face or what he left with.
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<< <i>
<< <i>Was it 24,000 grand in 90 percent silver? What times face were they paying? >>
This please. We didn't hear if it was face or what he left with. >>
I think we can do the math here. 24,000 dollars worth of FV would contain (24,000 x 0.72338/$1 FV) = 17361 oz or (at 12 oz/troy pound) nearly 1447 pounds of silver, and that's without the alloy. No way anyone carried that box to the car. So it must've been the silver melt value, unless I miss my guess.
This was a great story to read. That was such a nice thing of you to do. Good job.
Andrew
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Were the walkers the folding kind?
<< <i> Were the walkers the folding kind? >>
LOL! You should have held out for a Rascal™ scooter!
Seriously, though, kudos for helping out your neighbor.
<< <i>
<< <i>
<< <i>Was it 24,000 grand in 90 percent silver? What times face were they paying? >>
This please. We didn't hear if it was face or what he left with. >>
I think we can do the math here. 24,000 dollars worth of FV would contain (24,000 x 0.72338/$1 FV) = 17361 oz or (at 12 oz/troy pound) nearly 1447 pounds of silver, and that's without the alloy. No way anyone carried that box to the car. So it must've been the silver melt value, unless I miss my guess. >>
The box was about 50lbs give or take?