<< <i>Why do these types of sites (like the one in question and coinflation.com) always fail to include the 40% silver quarters (1976-S) ? >>
Probably for the same reason they do not include the 1992-20xx silver proof coins - they were issued for collectors and not released into general circulation. The 1976-S 40% silver quarters bring a substantial premium to melt on eBay, and are not likely to be traded as junk silver. >>
At least with the 1992-present S-mint proof silver, you can easily find the melt value by simply looking at the numbers for the pre-1964 coins.
But with 40% silver quarters, there is nothing else similar listed - so you can't just look at the number for a different coin type and know the anwer. However, yes, you can divide the 40% half dollar value by 2.
<<But with 40% silver quarters, there is nothing else similar listed - so you can't just look at the number for a different coin type and know the anwer. However, yes, you can divide the 40% half dollar value by 2.>>
Hey Chuck....don't feel alone and welcome to the human race! We all (or most of us) have done stuff like this before....at least I have. You maned up as stated. Day by day I learn and day by day I forget. You did all the right things...with yourself, the sandwich guy and on these boards. Best.
Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
That all 1965 to 1970 clads are 40% silver is a very common misconception that I've run into many times.
I believe it is merely confusion caused primarily by the existence of the silver clad half dollar. Some people call the silver clad by the term "clad" which is confusing and then this gets caught up in the understanding of the copper nickel clad.
People don't use good terminology in anything then there is confusion.
The best descriptive term is probably silver clad billon but it's too busy so "silver clad" or "clad silver" are preferable. "Silver clad" is more accurate since most of the silver is in the cladding. "Copper nickel clad" can then just be shortened to "clad" since it is far more widely used.
I've seen more than one stash of pre-71 "silver" dimes and quarters. Another common misconception is that 1965 clads are silver clad. This one might be a hold-over from 1965 when people heard that some coins would continue to contain silver.
I would have bet 20:1 that we'd have never heard from the OP again.
Color me surprised.
Oh, and Delorean, don't worry about it. I got a funny look from Mark Feld at the ANA when I was telling him about a 1779 bust dollar I had seen. Don't mention this to my wife. She thinks the dyslexia is coming from her side of the family.....
"A rare variety of the 1965 Quarter has just been found and sold by a sandwich shop patron for a sheeedlohd of money. A sheet of material for the half dollars somehow got into the area pressing quarter blanks. Mint officials have verified that several planchets were reportedly made, but all were thought were destroyed. However a single planchet from the event survived and somehow made it to the striking process. PCGS has graded this coin MS-66. Several members of the Collectors Universe US Coin Forum are reportedly eating large helpings of crow over this"
<< <i>This has to be made into a movie. It's brilliant. >>
They already did "Dumb and Dumber!"
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>Wow! Who is the one that's nuts? Me... Who is the one that should check his facts before acting like a big shot know-it-all? Me again! I took a beating for posting my story and deserved the pounding I received, hopefully lesson learned. I would like to apologize for posting without having the facts staight ( I also stopped at Jimmy-Johns to tell my sandwich guy about this and to give him the website so he can see for himself :-) I have always looked to this forum for guidance when purchasing coins and to find answers to questions I may have and I will continue to do so but believe me I will make sure I know what the hell I'm talking about before I go shooting my mouth off and then having to take a big bite of humble pie...
Yours, walking the halls of shame alone, Chuck.
PS Anybody want a 1965 Washington Quarter that has absolutley NO silver in it? LOL >>
That took stones. Good on ya!
“When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>I stopped to get a sandwich yesterday and when the guy behind the counter gave me my change I noticed he had given my one 1965 Washington quarter! I told the guy "looky here you just gave me about $3.00 back too much" Of course he looked at me all weird like so I explained to him that a 1965 quarter has 40% silver in it and at the current silver price is worth over $3.00 (Was actually $3.42) The guy still looked at me wierd and said I was wrong, that the mint stopped putting silver in coins in 1960...
Well I knew this was a dude that you could never win an argument with so I told him to do me a favor and if he were to find any dimes, quarters or halves dated 1964-1970 I would gladly take them off his hands for a nominal fee LOL I also told him that when he was finished yakking with his girlfriend that he may want to look up coinmelt.com. on his fancy I-Phone select Washington Quarter 1965-1970 select 1 for quanity and prepare to cry!! LOL!!
Now don't get me wrong, I take every opportunity I get to educate people to the best of my ability about coins but some people just have to find out the hard way, right in the ole wallet! :-)
Anybody else run in to these "knowitall" types? >>
Comments
<< <i>
<< <i>Why do these types of sites (like the one in question and coinflation.com) always fail to include the 40% silver quarters (1976-S) ? >>
Probably for the same reason they do not include the 1992-20xx silver proof coins - they were issued for collectors and not released into general circulation. The 1976-S 40% silver quarters bring a substantial premium to melt on eBay, and are not likely to be traded as junk silver. >>
At least with the 1992-present S-mint proof silver, you can easily find the melt value by simply looking at the numbers for the pre-1964 coins.
But with 40% silver quarters, there is nothing else similar listed - so you can't just look at the number for a different coin type and know the anwer.
However, yes, you can divide the 40% half dollar value by 2.
You should 2x2 that quarter and put it on your coin desk in plain sight as a reminder of what you've learned...both numismatically and "socially".
No thanks ... mine is already silver and grades PCGS-MS64 (silver 1965 Washington Quarter)
Wondercoin
However, yes, you can divide the 40% half dollar value by 2.>>
But do NOT divide the 40% dollar figure by 4.
We all (or most of us) have done stuff like this before....at least I have.
You maned up as stated.
Day by day I learn and day by day I forget.
You did all the right things...with yourself, the sandwich guy and on these boards.
Best.
I believe it is merely confusion caused primarily by the existence of the silver clad half dollar. Some people
call the silver clad by the term "clad" which is confusing and then this gets caught up in the understanding
of the copper nickel clad.
People don't use good terminology in anything then there is confusion.
The best descriptive term is probably silver clad billon but it's too busy so "silver clad" or "clad silver" are
preferable. "Silver clad" is more accurate since most of the silver is in the cladding. "Copper nickel clad"
can then just be shortened to "clad" since it is far more widely used.
I've seen more than one stash of pre-71 "silver" dimes and quarters. Another common misconception is
that 1965 clads are silver clad. This one might be a hold-over from 1965 when people heard that some coins
would continue to contain silver.
The name is LEE!
Color me surprised.
Oh, and Delorean, don't worry about it. I got a funny look from Mark Feld at the ANA when I was telling him about a 1779 bust dollar I had seen. Don't mention this to my wife. She thinks the dyslexia is coming from her side of the family.....
<< <i>"PS Anybody want a 1965 Washington Quarter that has absolutley NO silver in it? LOL"
No thanks ... mine is already silver and grades PCGS-MS64 (silver 1965 Washington Quarter)
Wondercoin >>
My 1965 silver quarter is NGC AU-55. Very cool transitional error planchet coin.
An authorized PCGS dealer, and a contributor to the Red Book.
"A rare variety of the 1965 Quarter has just been found and sold by a sandwich shop patron for a sheeedlohd of money. A sheet of material for the half dollars somehow got into the area pressing quarter blanks. Mint officials have verified that several planchets were reportedly made, but all were thought were destroyed. However a single planchet from the event survived and somehow made it to the striking process. PCGS has graded this coin MS-66. Several members of the Collectors Universe US Coin Forum are reportedly eating large helpings of crow over this"
;-)
This is amazing! Thank you for providing my new desktop wallpaper.
``https://ebay.us/m/KxolR5
<< <i>Somewhere on a sandwich forum there's probably a guy posting:
"this coin collector stopped to get a sandwich yesterday and when I gave him change he tells me yada yada yada"
+1
<< <i>This has to be made into a movie. It's brilliant. >>
They already did "Dumb and Dumber!"
Hey, the other night I mistakenly saw a Seated Liberty reverse on a actual Barber head coin...doh!
"Keep your malarkey filter in good operating order" -Walter Breen
<< <i>Wow!
Who is the one that's nuts? Me... Who is the one that should check his facts before acting like a big shot know-it-all? Me again!
I took a beating for posting my story and deserved the pounding I received, hopefully lesson learned. I would like to apologize for posting without having the facts staight ( I also stopped at Jimmy-Johns to tell my sandwich guy about this and to give him the website so he can see for himself :-)
I have always looked to this forum for guidance when purchasing coins and to find answers to questions I may have and I will continue to do so but believe me I will make sure I know what the hell I'm talking about before I go shooting my mouth off and then having to take a big bite of humble pie...
Yours, walking the halls of shame alone,
Chuck.
PS Anybody want a 1965 Washington Quarter that has absolutley NO silver in it? LOL
That took stones. Good on ya!
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>I stopped to get a sandwich yesterday and when the guy behind the counter gave me my change I noticed he had given my one 1965 Washington quarter! I told the guy "looky here you just gave me about $3.00 back too much" Of course he looked at me all weird like so I explained to him that a 1965 quarter has 40% silver in it and at the current silver price is worth over $3.00 (Was actually $3.42) The guy still looked at me wierd and said I was wrong, that the mint stopped putting silver in coins in 1960...
Well I knew this was a dude that you could never win an argument with so I told him to do me a favor and if he were to find any dimes, quarters or halves dated 1964-1970 I would gladly take them off his hands for a nominal fee LOL I also told him that when he was finished yakking with his girlfriend that he may want to look up coinmelt.com. on his fancy I-Phone select Washington Quarter 1965-1970 select 1 for quanity and prepare to cry!! LOL!!
Now don't get me wrong, I take every opportunity I get to educate people to the best of my ability about coins but some people just have to find out the hard way, right in the ole wallet! :-)
Anybody else run in to these "knowitall" types? >>
no one home