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With silver dropping so fast. how long before we see.......

PerryHallPerryHall Posts: 45,963 ✭✭✭✭✭
in Precious Metals
With silver rapidly falling, how long before we start seeing .400 fine silver coins back in circulation? image

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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire

Comments

  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    The current value of a 1965-1970 Half Dollar (40% silver) is $2.7611, I think it will be a long time until people spend them.

    Not to mention, if you already have them, why not sit on them until Silver jumps again?
  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>With silver rapidly falling, how long before we start seeing .400 fine silver coins back in circulation? image >>



    Never....you need to ask yourself, when was the last time you received a half in change?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • bestmrbestmr Posts: 1,770 ✭✭✭
    I found a silver 1976 quarter yesterday so it's out there
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • jdimmickjdimmick Posts: 9,657 ✭✭✭✭✭
    even when silver was 3-4 oz, I could sell 40% halfs for 75c each
  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>even when silver was 3-4 oz, I could sell 40% halfs for 75c each >>



    Agree, but how many did you get back in change? I used to get mine in Casinos, playing the 50 cent slots. Put a $100 bill in the machine, cashed out & looked for the silver ones, gambled the rest.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • bronco2078bronco2078 Posts: 10,138 ✭✭✭✭✭


    Can you still find slots that take coins? The last time I stopped by a casino it was all electronic. The slots were awful digital things with 15 obscure paylines that you needed a PHD to figure out.


    You could feed paper money in but if you won it just bumped up your balance and then would spit out a slip of paper rhat you had to cash in. They had so called nickel slots but if you played every line it was 75 cents a pull image


  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>Can you still find slots that take coins? The last time I stopped by a casino it was all electronic. The slots were awful digital things with 15 obscure paylines that you needed a PHD to figure out.


    You could feed paper money in but if you won it just bumped up your balance and then would spit out a slip of paper rhat you had to cash in. They had so called nickel slots but if you played every line it was 75 cents a pull image >>



    Nope... slots that take coins are long long gone....all done with dollars & vouchers now.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • morgansforevermorgansforever Posts: 8,446 ✭✭✭✭✭
    Are we approaching or have we hit bottom? I can't sleep thinking about when to strike, I'm consumed with it.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    Dang, bronco2078 beat me to it. I remember several years ago my wife and I hauled a sack of nickels and quarters we had saved to use in the slots in Reno only to find you couldn't use them anymore (they had just converted them). The funny part was there was another couple in front of us at the cage window cashing in their sack of coins they had brought!

    Boy, I sure missed the clanking sound, especially the dollars!!!
  • cupronikcupronik Posts: 773 ✭✭✭
    Last December I needed some money for the holiday season so I cut up a couple of hundred 1968 & 1969 mint sets and sold the 40% silver halves for about 8.8x face. (I kept the nice ones) I figured these coins' value derived from the silver value alone.
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