Why we always check "junk silver" and i think it's time to assemble a set of Proof ASE's.
keets
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First the ASE's --- I think with prices hovering around $30 for Proof ASE's in boxes/OGP that the time might be right to put together a Set. They have never been lower and the coins offer a nice rendition of a truly beautiful design. Does anyone agree with me on this or am I all alone???
Now, the junk silver. We purchase quite a bit from both dealers and collectors, large lots and small. We always search through it and have found nice coins from time to time. These range from a Proof 1939 Walker to enough BU Mercs and the few key date Roosevelt Dimes to offset the little higher price my boss will pay. Most recently we found a nice XF 1918 Merc and a 1909 Barber Half Dollar that grades high AU/MS.
The nicest find happened just yesterday while searching through the Dimes. We always look for nice early dates in F+ and later dates in AU+ along with anything else that stands out. We also look at every 1942 for the overdates and that's where we got lucky. We actually found a 1942/1-D that grades XF/AU with splotchy tone and a little luster. How is it that these can still be found???
Keep searching!!!
Al H.
Comments
There is probably someone turning their house upside down looking for their 42/1-D.
You know what Archie Bunker said; "position is nine tenths of the law".
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I buy and sell in bulk. My eyes are too tired to search anymore.
Nice find...AU makes it a $500+ coin right?
On the ASE's - Never for me. They are not a collectable coin to me. I would pay half spot and then sell.
On the searching junk silver - that is always worth while as your resent finds prove. It's hard to believe someone would sell a Barber Half in AU/MS for silver......WOW!
Keep checking those silver bags - the most astonishing find I know of:
https://coins.ha.com/itm/early-quarter-eagles/1831-2-1-2-quarter-eagle-struck-on-a-dime-planchet-good-6-ngc/a/1116-3227.s
Pacific Northwest Numismatic Association
I agree with you on the Silver Eagle Proofs.....not much downside I would think.
AS far as junk silver, I have never had any luck finding anything, but a 42/1-D is something I would think any dealer would look for.
Hell, I would just throw every 42 and 42-D in a jar and go through them when time permitted.
Thanks so much for sharing this.
I wasn't aware of this find.
WOW is all I can say..........
How this coin circulated as a dime for so long w/o being pulled is amazing!
the Heritage account makes sense, the sizes were so close that no one paid close enough attention to the reverse denomination. then again, maybe they didn't care and just used it as a Dime. looking at the coin it strikes me that it probably spent some time in the ground. depending on where it was and for how long could explain decades of why no one noticed. to be in a junk silver bag is pretty strange. even as an 1831 Dime in G with problems it should be worth $15-$20.
certainly more than melt. way to go for an observant collector.
Junk silver is always a great place to search.
I have found in Mercs:
1942/1 D in XF-45 #2 1919 S in XF 1921 P # 5 in G or G+ # in VG 1921 D #3 in AG and one in G and one in AG with a reverse scratch 1926 S #3 1931 S, #3, one G, VG, and a Fand one time the better part of a short set [1941-1945] in unc.
Plus in Standing Lib quarters: 1921, now slabbed as a G-04
1927 S = #4 pieces
and others, that I don't remember
BHNC #203
I agree with you on both topics. I bought a lot of loose silver eagles recently and there happened to be a proof eagle in the lot. It was beat up but still.
A year ago silver proofs with box and papers were going for $45+ now of you look hard enough you could get them for 28 or 30. I don't see much down side in them currently
It really pays to look if you have the time @keets
And if you think about it....................we all have some **spare **time
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Great time to put together Proof ase
Numismatics & Photography
rv@ravenumismatics.com
Instagram.com/coin2photo
Will be a fun venture! Are you going to include the 95W?? What about the other reverse varities from a few years ago?
Nice catch on the 42/1. What key date roosies are you looking for? Unless they're FB and 65+ I'm not aware of any keys...
Junk silver? Screw that. Go searching for junk platinum lol
The 95W was free back in 1995.
I go through the "junk" silver at the pawn shop every once in awhile, have found '09-O Barber coins on occasion.
Free with purchase of a 1995 gold eagle proof set, otherwise you could purchase a 1995-W Silver Eagle on the secondary market for a bargain price compared to today. The lowest price I recall seeing in ads was $265.
My Adolph A. Weinman signature
The 42/1-D is an easy coin to miss. A friend found one in a bulk lot a few months ago. Another friend found a Cheerios dollar in a bulk lot more recently and my 1909 VDB MPL last year was from another bulk lot a friend bought a while ago. Bulk lots can and do really pay off.
On Junk Silver searching, a quick story:
Took my young son/budding numismatist to the BRNA show in Dalton, GA a couple weeks back. He's a huge fan of SLQs. We have a complete set in decent shape, minus the 1916(I'm a working stiff).
Anyways, he buys(with my money) 3 rolls of SLQ "junk" from a dealer at barely over spot. We get home and he starts searching. Each roll contained a SLQ with no stars on the back.
While I'd love to report he found a 1916, we weren't that lucky. However, he did end up with 2x 1917-D Type 1s, and a 1917-S Type 1. Made the trip worth it just to see him giddy with joy at his treasure find.
Great story!
**my 1909 VDB MPL last year was from another bulk lot **
when I first started to work for my boss back in 2008 he had me inventory/sort a huge Lincoln Cent collection, coins that were in folders/albums/tubes/rolls and even loose. the best find was a 1912 MPL that probably would have graded PR64BN but it had a faint obverse scratch. PCGS bb'd it.
it was still another nice coin anyway that collectors miss, dealers do too.
I collected proof ASE's up until they skipped a year.... still have them all... plus a '95W..... slabbed. Never had a chance to sort through bulk silver...sounds like fun.... Cheers, RickO