Mini-hoard to check: Update 3: Type B'S

shorecoll · June 17, 2011 1:57AM

A friend called and said his aunt gave him a little bag of silver coins she wanted to sell. He brings it to me.

This will sound like an eBay con job, but here goes...

Apparently this aunt went to the bank in 1964 and bought $300 in silver which they put in an old bank bag, she put it in the closet and hasn't looked at it since.

At first glance it's about 70% washies, 10-15% walkers and franklins, 1% worn out SLQs and the rest dimes in old paper wrappers. I looked at 2 end-rollers and they were roosies and didn't look unc.

The washies look about 50% AU/BU 64's and the rest scattered dates.

Question is what should I be looking for in this mix? Obviously key dates, but what else might be in a random over-the-counter batch like this?

=========================
Update down about 10 posts.

AUandAG · June 17, 2011 2:05AM

I think you answered you own question: key dates. Otherwise it's bullion in my opinion.

Fun to search, 'eh?

bob:

USMoneylover · June 17, 2011 2:06AM

If the SLQ's are slicks I would be seperating the type ones from type 2's and make sure you dont have a dateless '16. Cherrypickers guide might come in handy, but the odds are probably slim there. Type 2 rev Washingtons ?

DCW · June 17, 2011 2:43AM

Why not pick up a cherrypicker's guide and have a look for varieties? Washington series is chock full of 'em!

Billet7 · June 17, 2011 2:50AM

I would enjoy it and look through every single coin, carefully. I enjoy doing stuff like that. I don't get the opportunity very often.

ricko · June 17, 2011 6:42AM

That would make a real fun day... checking all the silver for dates and varieties.... Get the CPG and other price reference information..... and have fun. Cheers, RickO

shorecoll · June 17, 2011 7:12AM

I have all the versions of CPG...I'm just afraid I'll go blind.

derryb · June 17, 2011 9:30AM

<< I have all the versions of CPG...I'm just afraid I'll go blind.

>>

Stop when you only need glasses.

Type2 · June 17, 2011 9:50AM

Alot to look for DDO,RPM's, Type "B", "C's" Look at the CP book for dates, Set aside that date then start looking for Errors.

Frankiefanatic · June 17, 2011 9:53AM

sort by date, then by mm, then let the fun begin for searching for varieties.

shorecoll · June 23, 2011 4:43AM

Update:

I started going through this and what I found so far (if anyone cares):

Pulled at random:

$57.50 face in 1960's washies
$20.00 face in 1950's washies
$18.75 face in 1940's washies
$3.00 face in 1930's washies
10 dateless Type II SLQ's
1 CN quarter
1 1957 washie in 63+ (I know it's not worth much) and ...
1 stunning 1964 washington 2-sided toner....how can this be in a bag of junk that came from the bank in 1964? I'm almost wondering if someone popped it out of a mint set and dropped it in. Again, it's likely not worth much, but hmmm!

I thought the mix was interesting especially the 40's vs. 50's mix.

mkman123 · June 23, 2011 5:22AM

Nice mini hoard keep us updated if you find anything neat

keyman64 · June 23, 2011 5:40AM

About $2500 if my math isn't too far off. Very cool for your friend.

shorecoll · June 23, 2011 6:36AM

It's hard to believe that almost no Washingtons are worth more than melt below VF, but there are supposedly still MS bags around back to the early 40's. Most of the early stuff I'm finding are G/VG's and Fines. I could almost put together a set from this bag, but no mm's in the 30's and not many in the 40's.

shorecoll · June 23, 2011 6:57AM

My first "find"...a 1921 half in AG. Yeah!!!

golfer72 · June 23, 2011 10:21AM

<< 

<< I have all the versions of CPG...I'm just afraid I'll go blind.

>>

Stop when you only need glasses. >>

LOL!

shorecoll · June 25, 2011 11:29PM

Checked about 5 rolls of washies, found 4 Type B's 3-1963, 1 AU, 1 AU scratched, 1 AU/BU and 1 1964 BU.

The search continues.

1tommy · June 25, 2011 11:56PM

<< Checked about 5 rolls of washies, found 4 Type B's 3-1963, 1 AU, 1 AU scratched, 1 AU/BU and 1 1964 BU.

The search continues. >>

Love the type b and keep your eyes out for the 64 D type C quarter good luck

NotSure · June 25, 2011 11:57PM

<< Checked about 5 rolls of washies, found 4 Type B's 3-1963, 1 AU, 1 AU scratched, 1 AU/BU and 1 1964 BU.

The search continues. >>

Unfortunately, the '63 is THE most common Type B, and unless they are MS66 (but you, indirectly, have pretty much said they aren't), and the '64 is MS65 or better, they are simply neat finds. Not knocking your finds, not in the least. Find that MS65 '64-D Type C, and you'll have a real winner! Good luck searching further!

shorecoll · July 5, 2011 1:45AM

OK. Checked ~20 rolls and found the following Type B's:

1957: 3
1958: 1
1959: 1
1960: 0
1961: 1
1962: 2
1963: 4
1964: 2

Most are VF/XF with some AUs and maybe some low MS.

ProofArtworkonCircs · July 5, 2011 2:27AM

Thank you for posting your results. I have been trying to get an estimate of how many type B's were made.

So far in my limited experience, Eastern hoards of quarters have run between 1 and 2 % type B. Your final result is an amazing 3.53%.

I assume your hoard was put together in the Eastern part of the country? I would assume California hoards would have very few B's due to the lack of Philadelphia mint specimens there.

Anybody else have any statistics to report?

shorecoll · July 5, 2011 5:19AM

Hoard was from a small bank on the eastern shore of MD and was bought as a lot from a bank in 1964. If I had to bet, I'd guess they bought the batch then threw in a few more over the years. It's my understanding (and I believe) that no one in the family was ever a coin collector.

Mini-hoard to check: Update 3: Type B'S

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