I'm back and question re pre 1965 silver in light up the bullion price run up
Elcontador
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I'm back after buying my Flowing Hair dollar last year and a once in a lifetime trip to South Georgia Island in November. A handful of us and a half million (you read that right) king penguins, and thousands of various other types of penguins, seals and sea birds.
South Georgia Island has more cold weather marine life than anywhere else on earth. If you're into that sort of thing, I recommend a visit.
With the run up in silver bullion prices, I am thinking of unloading some pre 1965 silver coinage again, like I did in 1980. It felt strange 45 years ago selling worn 20th Century Barber Dimes, because the melt value exceeded their numismatic value.
Question is, what should I keep? Are all circulated Mercs except for the 1916 D, the 1921 P and D, and the Overdate bullion coins? What about, say, the 26 S and 31 D (have six of the latter in G -VG). What about common date 1940s Merc in say, MS 64 and MS 65?
And Washington Quarters. Are all circulated Washington Quarters except for the 32 D and 32 S bullion coins?
_I'm old, and as a kid, I found almost all Mercs except for the four mentioned dates in the second paragraph above in change. Ditto re most Washington Quarters dated in the 1930s and 1940s. _ _And what about circulated Standing Liberty Quarters? I think the 1929 and 1930 coins would be bullion coins, but I have things like a 1918 S in VF.
There's a show in Long Beach next month, so I can probably unload whatever I have there at decent rates (in addition to visiting people I haven't seen there since last February). Any words of wisdom (and others) appreciated on this.
Jeff
"Seu cabra da peste,
"Sou Mangueira......."
Comments
tough call on the better dates. i can imagine keeping better dates is better grades
common circulated coins are bring a discount to melt value. the refiners are swamped. melt is 68x and i'd expect mid 50 to 60 on buy prices
Didn't Captain James Cook call South Georgia "The Most Miserable Place on Earth" because of the cold, the wet, and the stink of Sulphur that comes out of the ground?
Yes, Cook was there. But the stink was more likely from penguin excrement.
"Seu cabra da peste,
"Sou Mangueira......."
Yes, pretty much all common date circ are bullion coins at these prices. You just can't get a premium for them anywhere, even retail pricing. You may get a small premium for tend and 20s in better grade. Maybe AU 1930s. But you'd have to retail them yourself.
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Ha! I've just known a few people who've gone there on radio expeditions and it was just funny to see an expedition to such an obscure place mentioned on this forum