Junk Silver Coins: Pre-1964 Silver Quarter, Half, Dime and Dollar

Thursday, December 31st, 2009

In times of economic uncertainty, people often seek to protect their nest egg by investing in precious metals. Precious metals historically rise when the value of a fiat currency falls. In today’s market, pre-1964 US junk silver coins like the  1964 silver quarter the twenty five cent piece , 1964 silver  half fifty cent piece , 1964 silver dime ten cent piece and 1964 silver dollar hundred cent piece U.S.A these coins all contain 90% silver provide an affordable and liquid silver investment opportunity.

These coins like the silver quarter were in general circulation until 1964 and contained 90% silver volume per coin. Because they were circulated coins, they can still be used as currency in a survival situation, saved to reap the benefits of a rise in silver price, or used as a hedge against inflation. Although coin collectors call them “junk” coins, they are far from what the nick name may imply. Junk silver coins are good investment in my mind.

Originally a junk silver bag of coins equalled a $1000 face. Today, bags are typically sold by dealers in junk bags of $1000, $500, $250, and $100 dollar face-value lots. Remember, these are face value, not actual value, bags. Pre-1964 US silver quarter coins can also be bought in rolls, making it quite easy and affordable to invest no matter how much money you have to work with.

Originally, a junk silver bag of $1000 face value would contain 723 oz of silver. Because of wear and tear from circulation, these previously circulated coins generally contain around 715 oz, while weighing a total of around 55 lbs. To find the price per ounce, simply divide the price of your junk silver bag quarters by 715.

Usually a bag of 1964 junk silver dimes will be made up of mostly Roosevelt dimes minted from 1946 to 1964. It is not uncommon to also find Mercury/Winged Head silver dimes (1916-1945) as well. Because of their earlier mint date, Mercury dimes will be more worn than Roosevelt’s. If you want a bag of only Mercury dimes, you will typically be charged extra.

If you order bags of silver dimes, you may sometimes find some Barber dimes (1892-1916). Older dimes, such as the Seated Liberty (1837-1891), Capped Bust (1809-1837), or Draped Bust (1796-1807) will rarely be found in a bag, but keep a sharp eye out for these rare coins.

A junk bag of pre-1964 silver quarters can contain Washington quarters (1932-1964), Standing Liberty’s (1916-1930), or possibly a few Barbers (1892-1916). Barbers and Standing Liberty’s are usually quite worn and very rare, but they can still be found in a bag of quarters. Seated Liberty’s (1838-1891) are much rarer, and you’ll likely never see these in bags of “junk” quarters.

Kennedy (1964) and Franklin (1948-1963) half-dollars appear with equal frequency in bags of silver half-dollars. Occasionally, Walking Liberty’s (1916-1947) and even Barbers (1892-1915) can be found as well. Always pay attention to special promotions from coin dealers to detect price rises early. Seated Liberty’s are much rarer, and you will not likely see these in your silver junk bags of coins.

Because more quarters and dimes were originally minted, half-dollars usually carry a higher sell price because of their relative rarity and popularity. In fact, the Kennedy half is the most popular of pre-1964 US silver coins. And bags with all the same type of half-dollars are priced higher for obvious reasons. Half-dollars tend to have less wear and tear than the other coins as well.

These circulated junk silver coins are easy to liquidate in an emergency. Bags can be separated into smaller quantities, and the coins can also be sold individually. In dire times, you could even use them as currency at your local grocery store. This, combined with their relatively cheap price, makes these so-called” “junk” coins an attractive investment as a safe-haven.

Do to the fast moving silver market I do not give personal investment advice.

Cheese Making

Sell Scrap Silver

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Collecting and Investing in Double Eagle Coins in Today’s Economy

Thursday, November 5th, 2009

In today’s turbulent and volatile economy, you may be apprehensive when someone tells you that it is a good idea to collect or invest in double eagle coins. I mean, money is so hard right now that you barely have any time to do some investing, let alone invest in something for the purpose of collecting instead of making money. However, if you look closely, you’ll see that collecting and investing in double eagle coins is a smart move. Why? Well primarily because it is gold. Gold has a lot of uses including some forms of commodities. Gold is also a liquid investment, which means that it is like cash except in a different form.

Additionally, double eagle coins are rare collectibles that have a long history. Because of the long history behind the coin, its value has risen exponentially. Moreover, the coin itself played an important role in past presidential eras, like Franklin D. Roosevelt’s term. Also, the coin is highly regarded in other cultures. The double eagle coin has a lot of different variations mainly because other countries have put high importance in its craftsmanship and coinage. In fact, due to the rarity and quality of the coin, a lot of manipulative individuals have replicated it in order to take advantage of naïve buyers. So always be careful.

One more reason on why you should invest in double eagle coins is because you get to buy gold in cheap batches. If you were to buy gold in a conventional market, you would have to buy it by the ounce. Sometimes, double eagle coins come in less than an ounce making it easier for you to make a purchase. Every investor knows that buying slowly and steadily is the sure fire way of having a good return for your money.

Collecting double eagle coins is also very advisable. The art of collecting is very profound and scholarly. Not only do you get to understand the background of your collections, but you also develop some kind of passion for your collections. It is not only an admirable task, it is also a sound and intelligent way to spend money. You get to enjoy a hobby while increasing your net worth at the same time. Some people may actually say that this is the best type of investing. Come to think about it, you’re not really buying the coins for investment purposes; you’re buying them because you have a sense of enthusiasm for the history and artistry of the coin. And as a by-product, you are able to invest.

To learn more about Double Eagle Coins, I recommend you checking out Gold Double Eagle Coin. It is a specialized American Double Eagle coin for sale site, offering a great selection of gold Double Eagle coins for sale. This website makes finding your dream American Double Eagle coins a million times easier. Be sure to try this website before you buy.

Wilson Snyder is a freelance writer. Learn more about Double Eagle Coins at Double Eagle Coin Shop.

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Investing in Gold Double Eagle Coins

Saturday, October 24th, 2009

Investing in double eagle coins is a definitely a wise investment decision; as of 2009, coin collectors have illustrated a serious desire for gold double eagle coins because of their impressive resiliency. Now, ultra high relief coins are accessible; these coins have a face value equivalent to twenty dollars, and the United States mint recently minted an additional 2,200+ that coin investors can invest in. This actually ups the total of available gold double eagle coins to more than 82,900+ coins.

As a testament to the appeal of double eagle coins, one will find that the Mint from the United States has sold well over 816 thousand of the gold double eagle coins this year alone. The newest, ultra high relief gold double coins were just offered in January of 2009; these coins are offered with 24 karat gold and thus they prove intensely desirable to the coin collector.

When a coin collector invests in Double Eagle Coins from the United States Mint, he or she gets the coins in a beautifully crafted box. The box one receives is made of the finest mahogany wood material, and the coin collector gets a full color brochure detailing the new piece that they will be adding to their existing coin collection. The coin collector will find that the interior of the box is fully line with a soft velvet to keep the coins protected during shipping and display, and a special platform inside the box makes for super easy coin presentation too. Every coin weighs in at a full troy ounce or just over 31 grams. The gold double eagle coins possess a diameter equivalent to 27 millimeters, and a thickness equivalent to four millimeters. When compared to other US Minted coin options, these coins can prove to be as much as fifty percent thicker.

These coins come crafted with an eagle on the reverse side of the coin, and a liberty design on the obverse side of the coin; the same designs found on the original Saint-Gauden’s double eagle coins crafted in the year 1907. These coins have been digitally replicated and enhanced to offer a finer design, more stars, and a superior edging to the coin as well. These coins are marked with MMIX: the Roman numerals indicating the present year and the minting date of the coins.

To learn more about Gold Double Eagle Coins, I recommend you checking out Double Eagle Coin . It is a specialized American Double Eagle coin for sale site, offering a great selection of gold Double Eagle coins for sale. This website makes finding your dream American Double Eagle coins a million times easier. Be sure to try this website before you buy.

Wilson Snyder is a freelance writer. Learn more about Gold Double Eagle Coins at Saint Gaudens double eagle.

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6 Rare US Coins Reviewed

Monday, October 12th, 2009

While some US coins are rare there are those coins that are among the rarest of all collectible coins. Some may wonder how there can even be rare US coins considering the sheer volume produced over the years. The reason is some coins were not produced in high volume and many coins were recalled and destroyed. Such circumstances eventually created what is today the modern US coin collecting market. Of course, some coins are far scarcer than others with some rare US coins being on the very of extinction. What are some of the rarest of coins? Here is a look at 6 of them:

1849 Coronet Double Eagle. This $20 gold piece remains one the all-time rarest of rare US coins. There is only one left in the entire world. Needless to say, anyone that discovers the second known coin of this minting would also be gaining an acquisition worth millions.

1804 Silver Dollar. There are only 15 known coins remaining out of the many 1804 silver dollars produced. Are here more out there lost somewhere? If so, time will tell and whoever discovers it will certainly be a very lucky collector since the value of these coins is in the millions of dollars.

1913 Liberty Head Nickel. This coin has such a unique tale that it has become somewhat legendary in collector's circles. This coin was ordered discontinued in 1912 but 5 more were made by accident in 1913. One individual collector was able to acquire all 5 of these coins. This became a very treasured acquisition since the person that procured these 5 coins amassed a huge equity over the years. The immense rarity of these coins is what makes them an elusive prize that even those who could afford the millions they are worth still cannot purchase them a treasured prize. Adding to their value is the unique origin that spawned them.

1943 Copper Penny. It is not the copper that makes this particular penny a rarity; it is the inclusion of a bronze alloy. During WWII, bronze was rationed and these pennies were not supposed to include bronze. Of course, accidents do happen and some of these pennies were produced with a bronze alloy. This has allowed them to become a curious and prized collectible item in various collecting circles.

1933 Saint-Gaudens Double Eagle. Due to the enormous financial disaster that was known as The Great Depression, President Roosevelt was moved to take the US off the gold standard. That necessitated the recall of numerous gold coins so they could be melted down. This coin was one recalled and melted down. However, a small number of these coins remained in circulation. In 1992, one of these coins was sold in an auction for $7 million.

1970 Lincoln Penny Doubled Die Obverse. Not all pennies are worth one cent. This rare 1970 penny is worth $3,000. The minting process that created the "double die obverse" error also created a valuable penny that remains one of the most sought after collectible pennies in history.

Tom runs Coin Collecting Values where you can learn more about rare US coins.

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US Silver Coins – Amazing Old Coins for Any Collection

Wednesday, October 7th, 2009

Coin collecting is a very popular hobby among many, and involves collecting legally minted currency from all over the globe. The most sought out coins are those that were only in circulation for a short period of time, and are usually minted with especially beautiful or historical pictures. A US silver coin is a great addition to any coin collection, and is one of the most treasured varieties of coins in the world.

The US silver coin is most widely known for the underlying message issued on many of them, ranging from stern warnings to messages of hope and everlasting peace. The face of our beloved "liberty" is also commonly seen on the us silver coin, usually with an olive branch and a protective shield. The American eagle is also popular among silver pieces, usually holding the olive branch for peace and a set of arrows representing war.

Many coin collectors were amazed by the time and effort put into each US silver coin, which actually lead to them no longer being in circulation and a very hard item to come by. Because the silver coins were only in circulation for a short period of time, the supply has decreased at a very alarming rate and made the US silver coin one of the rarest coins to have in a coin collection.

The Morgan Silver Dollar is one of the most sought out coins in the US silver coin collection, and is considered one of the most beautiful of all United States coins. They were minted back in the late 1800s, and even after 100 years are still considered the King of all United States coins that have ever been in circulation. It is a coin that shows the detailed excellence put into each piece of money, and also shows long term profit potential in the hot coin collecting market.

The silver market offers collectors and investors a wide variety to choose from, since silver was used for several pieces that were put into circulation. Dimes, quarters, and half dollars dated prior to 1965 were minted out of 90% fine silver, and many pieces in circulation condition are readily available. They are typically sold in bags with a face value of $1000, with 2,000 half dollars, 4,000 quarters, or 10,000 dimes in each bag.

Bags containing coins in uncirculated condition, meaning in almost perfect condition, carry a higher value per bag than those in circulation condition. Bags that contain coins with the same date are also valued higher than those with different dates, with the 1964 Kennedy half dollar being the most popular and expensive uncirculated US silver coin.

The most widely collected coins in the world are the US silver dollars, especially those minted between 1878 and 1904 or 1921 to 1935. They are nicknamed cartwheels, and come in two different designs. Like other silver coins of the same time, the silver dollars were minted of 90% pure silver and 10% copper. Each coin has a silver net content of 0.77344 ounce, with a bag weighing at least 50 ounces more than a bag of silver quarters, dimes, or half dollars.

Even those who are not devoted coin collectors like to invest in silver coins, because they are some of the most beautiful pieces of silver ever created. Both circulated and uncirculated pieces contain some of the most intricate and detailed designs, most of which are nothing compared to coin designs currently in circulation. A US silver coin is an amazing piece to add to any coin collection, or even a nice item to cherish by even those who are not into coin collecting.

Find out more about coin collecting at CoinCollecting-Values.com and see US Silver Coins.

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Collecting Silver Coins – A Timeless Art

Monday, October 5th, 2009

Silver coins, one of the oldest forms of currency, are still some of today’s most sought-after collector’s items. Coin enthusiasts all over the world are in search of these precious items for various reasons. Some simply find collecting rare date coins in silver a hobby or passion. Some consider it an activity that offers a rare prize. For more enterprising individuals, the collection of silver bullion coins is their protection against currency inflation, or their option for asset diversification.

Today, spurred by the popularity of the tradition of coin collecting, numismatists can find an explosion of resources to satisfy their enthusiasm in collecting coins of silver in any form. But nothing is ever going to change the fact that, for the truly coin-obsessed, rare date coins still remain the centerpiece of coin collecting.

Silver as a currency dates back to the time of ancient Greece, with silver drachmas as the most popular trade coins in the early days. Coins cast in silver were heavily used in trading by the Persians, travelling to different parts of the world. Even the British used pennies made out of silver before 1797.

Rare silver date coins are still among the most coveted among coin collectors. Popular favorites, and some of the most sought after for the most discriminating collector of silver coins include the Denarius, a Roman currency that was first minted in 211 BC, and the Miliarense, a rare mint that dates back to the late Roman and Byzantine Empire.

Even as generations progress, the insatiable appetite for coin collecting will always have silver coins as one of the highlights of searching for the latest and rarest finds.

Resource Box:

Gainesville Coins is a leading provider of rare, collectible gold and silver coins from the US and other countries. The company prides itself on offering some of the best rare and modern coins at prices never before possible. To learn more, visit http://www.gainesvillecoins.com or call 352-653-3009.

Jeff Paul is a writer and copy editor who likes to share information on many different topics.

Article Source:http://www.articlesbase.com/collecting-articles/the-timeless-art-of-collecting-silver-coins-1302428.html

6 Coin Collecting Tips To Help Preserve Your Collection For Future Generations

Wednesday, September 30th, 2009

If you are new to the coin colleting business – we’d like to welcome you onboard. You’ll soon discover that coin collecting is unlike any other hobby. Coins will tell you stories, take you to special places and ancient times and if you want your coin collection to last generations to come, there are a few things you should know, because coins can be delicate and keeping your collection in good shape is not as easy as it looks.

  1. Although coins are basically made to be used and exchanged, proof coins don’t really like to be out in the open, exposed to different elements and conditions that hasten their deterioration. Coins don’t like damp places, liquids, acids, and even bare human skin. Yep, coins generally don’t like you. Or anybody.
  2. First of all you should get a protective, acid-free, album or book where you can safely store your coin collection. These albums are great when you want to display your collection and they also keep the coins protected. But don’t use any album and don’t be tempted to put your coins in that old baseball cards album. Buy the protective case from a coin dealer because a chemical element found in PVC and some types of plastic can damage your coins overtime. You should also store your coins in a dry and dark place, where the temperature is comfortable and mild.
  3. Now this one is a little tough. We know that you got a collection running and like any collector you want to see and feel your precious exhibit. But you shouldn’t really touch coins with your hands. Our body and finger oil is harmful to proof coins and can cause scratches and discoloration. Even when you use gloves, try to hold the coin by its edges. And don’t sneeze!
  4. No matter what happens, you should never clean your coin collection! No kidding! Cleaning will only damage the coin and its value. If, for some reason, you must clean a coin, do us a favor and let a professional asses its value first. If it turns out that your silver dollar worth less than a nickel - go ahead and clean like there’s no tomorrow. But know that once a coin is cleaned, there is no turning back. It will loose the coating and toning and be more vulnerable. As a rule, you should never clean proof coins or uncirculated coins. If you really must, clean only circulated coins and let a professional do the job for you.
  5. Remember to check your coins regularly. See if anything changed, any discoloration or aging signs. Sometimes you can find a coat of green substance on your coins which probably means that there is a reaction with the protective cover or with the storing conditions and you should consider other storage possibilities.

If you are looking for more information about coins and coin collections, head on to www.ContinentalMint.com were we help Coin Collectors start and expand their collection with a wide selection of coin sets and collectors’ supplies, at the best prices available. At www.ContinentalMint.com we are dedicated to bring you a memorable piece of U.S. history, a professional, knowledgeable Customer Service and discounted prices and shipping rates.

Continental Mint helps Coin Collectors to expand their collection with a wide selection of coin sets and collectors’ supplies, at the best prices available.

Mark Etinger is a business strategist at Ajax Union Marketing Ajax Union specializes in Business Development and Internet Marketing

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How The Hobby Of Collecting Coins Began

Thursday, September 24th, 2009

A Brief History of Coins and Coin Collecting

Very few things tell more about a country in fewer words than the coins it produces. Coins hold a wealth of information on their small faces, from the year of their birth to the language spoken at the time, from the metals a country holds valuable to the cultural influences and historical figures that its people hold valuable. Coins can also be strikingly beautiful in their own right, with the top designers of a nation striving to have their motif chosen for immortality on the face of a coin. With so much information and beauty contained in so small a package, it is no surprise that coin collecting has been a hobby nearly as long as the concept of coins themselves. An understanding of the long history of coin collecting, once known as “the hobby of kings,” will make this pastime even more enjoyable.

The Origin of Coins and Coin Collecting
The hobby of coin collecting began nearly as soon as the first coins were minted in Asia Minor, around 650 B.C. Before that time, gold and silver ingots were the most common form of legal tender. Because there was no standard, however, each trade necessitated a careful weighing and examination of the precious metals being offered, and it was easy for unscrupulous merchants to pass off a lesser quality of gold in trade. Coins, which were printed on standardized weights of precious metals and stamped with a government guarantee of value, was the answer to this unwieldy, easily sabotaged trading process. Within one hundred years, the concept of coins had been adopted by all of the major trading cities in the civilized world.

At the beginning, coin collecting had a very practical reason – there were no banks in which to store money. People hoarded coins as a way of safeguarding their wealth. Those coins that were especially beautiful were hoarded the longest, often being passed down within families.

Coin Collection in Renaissance Times
Modern coin collecting, where the coins are viewed as a work of art as well as a collection of valuable legal tender, is widely thought to have begun with Francesco Petrarca, or Petrarch, who is often called the father of the Renaissance. Although there is reason to believe that Roman emperors and citizens paid prices higher than face value for coins that were no longer in circulation, Petrarch was known to be an avid collector, and often spoke of his collection in his writing. During the Renaissance, popes and nobility began collecting coins for their artistic and historical value, and the name “the hobby of kings” was born. So popular was the pursuit and trade of ancient Greek and Roman coins in this time period, that a brisk business in high-quality counterfeits sprang into being. Today, these counterfeits even have a high value, due to their age, quality, and historical significance.

Coin Collecting in Modern Times
Coin collecting has been a favorite pastime of many people with a reverence for history, including U.S. Presidents Thomas Jefferson and John Adams. The development of two large coin organizations in the mid-to-late 1800s, the American Numismatic Society (ANS) and the American Numismatic Association (ANA), helped spark American interest in building and maintaining a coin collection. Today, there has been an explosion in American interest in coin collecting, in large part due to the ease and availability of obtaining interesting coins. The U.S. Mint has successfully increased interest in starting a coin collection through the minting of specialty coins, such as the bicentennial half dollars released in 1976 and the current release of quarters commemorating each of the fifty states.


(ArticlesBase ID #1264122)

Oli works full time as a Market Analyst.He can help you to grow your computer consulting.

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What You Should Know About Gold Coin Values

Sunday, September 13th, 2009

The four basic features in which gold coins and their values are set, consist on: grade, rarity, popularity, and quality. That's the main reason why you ought to know everything concerning the valuation of gold coin values so coin dealers will not embezzle a sum that far exceeds the coins' relative worth. To be conscious is to attain the correct knowledge so keep your eyes openned wide for a few particular characteristics.

Real rare coins customarily are on the top of the most valuable gold coins around. If you're a collector, an investor or simply a zealous researcher, you should only rely on reliably endorsed population totals issued once in a while by NGC (Numismatic Guarantee Corporation) and by the PCGS (Professional Coin Grading Service). These two organizations are the most dependable services for validation of gold coins in the market.

The state and condition of the coin also plays a significant  role in its price determination, they name it the grade or quality of the piece. The closest it is to its flawless and original condition the higher rated it will be. And the popularity of a determined coin can also make your discovery, more or less luxurious simply for it might be an item everyone in the marketplace will like to put their hands on.

The price range will rely on what time period they come from. The gold coins from the 1800's to the early 1900's can fluctuate from $1280 to $16250. The price of the gold coins from after 1900 to the 1930's can vary from $1600 to $11450 according to the PCGS . And since the popularity of such coins are always changing, the market can be thinly capitalized and tremendously fickle, so be wary.

With a fast search online you'll come across gold coins grading services and the different ways they might be valued. You can also look for listings of U.S. gold and silver coins directories. Most of the genuine grading services (linked to PCGS and NGC) will involve you to have your coin evaluated, however the price they ask for is nothing when compared  to what your coin may be worth. If quality, rarity and popularity join together in complete harmony you'll find yourself with a collector's item in your hands, and it'll be worth every effort.

(ArticlesBase ID #1219360)

Get all the information and resources you need about gold coins at collectiblescoin.com

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Buy Silver Coins From Reputable Sources

Tuesday, September 8th, 2009

Serious and experienced numismatists know where to go and what to look for when they buy silver coins for their collections. These currencies are collected not only for their rarity and monetary value, but also for their aesthetic appeal and historic relevance. From the commemorative series to the rare collections, each has their own price.

As a coin collector and perhaps a budding numismatist, it is important to educate yourself with the different factors involved in pricing a coin so that you know if the seller is genuine or if you are being tricked into spending more than the value of the coin. Rarity, demand, the current price of a bullion and quality are the four factors involved when determining the price of a coin. When you buy silver coins, these factors should be understood and considered.

Though the first three factors are out of the collector’s hands, the quality of a coin is something that can be controlled. With this in mind, a coin then has a higher value when its condition is pristine. The condition is determined by the Sheldon scale, with 70 being the highest and closest to perfect.

If you are just starting out as a coin collector, then you should first do your research on where you should acquire or expand your collection from. Unfortunately, there are people who take advantage of the uninformed status of a novice. If you want to buy silver coins, make sure that you get them from a reputable source. It is not surprising to find bogus sellers, even after doing a quick search online for coin sellers and the like. Research and word of mouth is the key to a long and fulfilling coin-collecting hobby.

Gainesville Coins is one of the leading resources of gold and silver coins and bullions. Browse through their collection and buy silver coins and other currency types with confidence. For more information, visit their website at http://www.gainesvillecoins.com or call them at 1- 352-653-3009.

(ArticlesBase ID #1204728)

Jeff Paul is a writer and copy editor who likes to share information on many different topics.

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