silver coins

Discussion in 'Financial Cents' started by weapons_762, Oct 29, 2007.


  1. weapons_762

    weapons_762 Monkey+++

    hey all , needing a lil help here , what is the value of a 1965 quarter? and dime? and half dollar.

    and is their any value in lets says 66 or 67 dimes and quarters.


    thanks all
     
  2. worrbaron

    worrbaron Monkey+++

  3. Nomad 2nd

    Nomad 2nd Monkey+++

    REALLY rough rule of thumb.

    $1.40 of pre 1965 'Face' = 1oz.
     
  4. melbo

    melbo Hunter Gatherer Administrator Founding Member

    It's actually pre-65 dimes and quarters. They are 90% silver, 10% copper. 1965 -71(?) Halves are 40% silver, 60% copper.

    www.coinflation.com gives you the updated value of each (non rare) coin.

    I love 90% silver. Buy a few dollars worth as often as you can. I bought bags ($1000 Face Value) a few years ago and have almost tripled my money. They are worth over $10K today.

    When figuring the value of this pre-65 silver, take the 'spot' price in the upper right corner of the Monkey. Example: 14.40 and multiply it by .715 = 10.3 The 10.3 is now your factor.

    If you are looking at one 1964 quarter, you'd now multiply the .25(face value) by 10.3(spot factor) which would give you $2.56 as its silver value. That's what you would pay for it or sell it for. (Depending on where you are and who is selling or buying)

    We have a few silver bugs here. and copper and gold bugs to0.
     
  5. weapons_762

    weapons_762 Monkey+++

    thanks guys!!
     
  6. Jonas Parker

    Jonas Parker Hooligan

    US "war" nickel (1942-45) 35% silver - .056261 troy oz
    US silver dime 90% silver - .072337 troy oz.
    US silver quarter 90% silver - .180843 troy oz.
    US half dollar 90% silver - .361693 troy oz
    US silver dollar 90% silver - .773448 troy oz.
    US silver eagle 99.9% silver - 1.000000 troy oz.
    US "clad" quarter (1976) 40% silver - .080374 troy oz.
    US "clad" half dollar 40% silver - .147893 troy oz.
    US "clad" silver dollar 40% silver - .316230 troy oz.

    I have this all on an Excel spread sheet. If anyone wants to PM me their e-mail address, I'll email the template to them.
     
  7. fritz_monroe

    fritz_monroe Guest

    Jonas, that clad quarter, is that just 1976? I had no idea there was any silver in quarters that late.

    And just out of curiosity, could a person seperate the metals in a quarter at home?
     
  8. Jonas Parker

    Jonas Parker Hooligan

    Fritz, those were the "bicentennial quarters" 1776-1976S. In addition according to the "Red Book", Kennedy half dollars from 1965 through 1970 were also silver clad, as were the Eisenhower silver dollars minted in San Francisco from 1971 through 1976.

    The website www.coinflation.com shows not only the silver value, but also the copper value of coins but how to melt these and separate the metals I really don't know.
     
  9. ghrit

    ghrit Bad company Administrator Founding Member

    Separating the metals is easy, IF (and it's a big if) you can control the temperature of the melt. You will need a eutectic diagram to determine the melting temps of the alloy's components. Melt the coins, then cool them to just below the highest melting metal in the alloy, let it settle (or float, if the density is less than the lower metal) and take off the fraction you want. I strongly suggest you don't do this at home, you are looking at temps well above 1000 degF with little margin for error in safety and in temp control. There may be electrochemical ways to do it as well, but I don't know them.
     
  10. AlterEgo

    AlterEgo Monkey+++

    After the paper frn is gone, we should consider opening a bank. Have a few bags buried around here somewhere.




    Honey, where is the map?

    AE
     
  11. Bear

    Bear Monkey+++ Founding Member Iron Monkey

    "but you can't eat it!!!!!" [LMAO][LMAO][LMAO][LMAO]
     
  12. AlterEgo

    AlterEgo Monkey+++

    How true BEAR, but I got that stuff right after the 80's crash so I've had it a while.

    Got the food thing pretty well handeled also. Nothing to do now but sit, wait and get old. [LMAO]

    AE
     
  13. monkeyman

    monkeyman Monkey+++ Moderator Emeritus Founding Member

    I figure the main situation where its a big problem that 'you cant eat it' is when (due to finances or whatever) its a CHOICE between aquireing the tools to be able to take care of your needs and food and such OR PMs. I would say covering the basic needs has to come before trying to build up PMs and such but once the other needs are covered then PMs and such could be an excelent investment and way to hedge some bets.
     
  14. AlterEgo

    AlterEgo Monkey+++

    Ditto what monkeyman said.

    Do your food and other needs first!

    Having PM's is great, no-one has solved the problem as to how are we going to cash them in in the future. We are all in uncharted territory there, but we will still have to eat and have shoes to wear.

    We have been hitting the consignment shops for clothes and such lately. Garage sales are good also, some good stuff popping up there. Thats why you still need frn's, at least for a while. Get what ya can and make some good releationships with your neighbors if you intend on staying put.

    AE
     
  15. monkeyman

    monkeyman Monkey+++ Moderator Emeritus Founding Member

    I figure more than cashing them in it would be either useing them for barter once things settle down just a bit and barter becomes an option again or as a means to hold saveings and such that you might have now, if the FRNs go belly up (the rest of the way) then when the value is needed you could sell the PMs for whatever the new coin of the realm might be.

    Basicly all I was saying is that IMO it is best to have BOTH the goods AND the PMs but that the PMs are more or less a saveings account. Saveings accounts are for AFTER you pay your bills and IMO in preping makeing sure you have tools and a stocked larder and such would be like the bills that you take care of first. Mostly just speaking to it from the idea of the folks who have to realllly do some fancy accounting to do anything beyond keeping the roof, food and utilities and want to try to prep, my personal idea on prioritization. Both are good to have but if it one OR the other situation.
     
  16. melbo

    melbo Hunter Gatherer Administrator Founding Member

    I view PMs as a way to salvage some wealth after the storm passes.
    Might be able to make some $$ here and there playing the dips, might be able to trade/barter with them. Dunno really.

    All I know is that the cash in the bank is losing value right now at an alarming rate. I like having it in my hand and in a form that stays the same in real value- an ounce is an ounce. I've stopped re-valueing my meager stash with every price fluctuation. It's all just Gold and Silver and if they ever get to a point where they have no value? Paper dollars will have been long gone as well.

    insurance policy
     
  17. Jonas Parker

    Jonas Parker Hooligan

    The four big advantages of 90% silver US coins are:
    1. these are recognized by the general population as "money"
    2. the silver content is well known and documented
    3. it's easy to take the current silver price and find the silver value of the coin
    4. the price of silver is not likely to rise so high as to make these coins difficult to use

    If gold reaches $1000/ozt (which should happen fairly soon), a 1/10 ozt gold coin will have a value of $100.00. Now think of going to the convenience store today with nothing but $100 bills in your wallet. US 90% silver coins will have a usable value. A dime as of this posting contains $1.13 in silver - if the silver price triples the dime has a value that is still low enough for conveniently making small purchases.
     
  18. monkeyman

    monkeyman Monkey+++ Moderator Emeritus Founding Member

    One thing I wanted to verify, its my understanding that the face value coresponds to the weight of the coin, or IOW that a silver quarter contains 2.5 times the silver of a dime and 1/2 the silver of silver half dollar and so on. I am correct in this arent I?
     
  19. Jonas Parker

    Jonas Parker Hooligan

    As far as pre-1965 dimes, quarters, and halves are concerned, you are correct. Silver dollars (Peace and Morgan) contain more silver (an additional .050062 ozt. to be exact).
     
  20. melbo

    melbo Hunter Gatherer Administrator Founding Member

    It's actually based on fractions of a "Dollar" which was a set amount of grains of silver. I forget the exact amount. It's a little confusing as some make the mistake of assuming a .25 is a 1/4 oz. It's not. That's why $10 face will contain 7.15 oz of silver , not 9 oz.
     
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