Coin collection — what to do with it?

Discussion in 'The Watering Hole' started by ThirstyBarbarian, May 17, 2019 at 11:47 PM.

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  1. May 17, 2019 at 11:47 PM #1

    ThirstyBarbarian

    ThirstyBarbarian

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    I have a coin collection from when I was a kid. Not a valuable or rare coin collection. This is the kind of coin collection that a paper boy makes in the 70’s. I used to sift through all my change and pull out anything interesting, like Eisenhower Dollars, Kennedy Half Dollars, Bicentenial coins, all of which really have no collector value. And I would also keep the things I knew might be valuable, like Wheat Pennies, Buffalo Nickels, and anything old enough to be silver.

    Recently, I was cleaning out my attic and found the collection. Now I’m wondering what to do with it. I’ll probably take the silver coins and anything that might have value to a shop and see if they can offer me anything. But what would you do with the bicentennial quarters, half dollars, and dollars, and all the regular Kennedy Halfs and Eisenhower dollars? I know they don’t have any more than face value, but they are kind of a novelty. Just put them back into circulation? Or is there anything more interesting to do with them? I’m trying to make good on the efforts of the 12-year-old me who sifted through all that change years ago!
     
  2. May 17, 2019 at 11:49 PM #2

    K'Tesh

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    Learn how to cut coins and other ways to use them to make jewelry.

    Found a picture of one of my Oregon Quarters...
    [​IMG]

    Though the Crater Lake Quarter looks a lot better. I'll have to find a pic of one of those.

    Found another one of mine...
    [​IMG]
     
    Last edited: May 18, 2019 at 12:00 AM
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  3. May 17, 2019 at 11:54 PM #3

    Bat-mite

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    My 10-year-old daughter recently started just such a coin collection and would probably find that to be a gold mine. If I paid for shipping, would it be feasible to send it to me?
     
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  4. May 17, 2019 at 11:55 PM #4

    ThirstyBarbarian

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    I think that a lot of Buffalo Nickels and wheat pennies end up in western jewelry. It’s not a hobby I’m planning to take up.
     
  5. May 17, 2019 at 11:59 PM #5

    ThirstyBarbarian

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    Absolutely! I’m not sure you’d want the whole thing, but I’d definitely let you have some or all of it at face value. Want me to inventory it?
     
  6. May 18, 2019 at 1:47 AM #6

    Bat-mite

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    Yeah!

    Sent from my Moto E (4) using Rocketry Forum mobile app
     
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  7. May 18, 2019 at 2:20 AM #7

    solid_fuel

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    The bicentennial coins, regular half dollars and most Ike dollars are worth face value. The dimes, quarters and half dollars were 90% silver up to and including 1964. Wholesale 90% silver should get you around 10-12 times face value including most mercury dimes, standing liberty quarter, franklin and walker halves. Barber coins and earlier are sometimes, not always, worth a small premium. Anything uncirculated or near uncirculated will be more. Half dollars only, continued to be 40% silver upto 1969 and go for about a buck or two each. Common date wheat cents in commonly circulated grades from the 40s and 50s go for about 2-3 cents a piece wholesale. 20s and 30s commons go for about 4-5 cents. Teens a little more 1909 you might get a buck. If they are bright and shiny you’ll get more. Circulated Eisenhower dollars are mostly worth face value. There are some special 40% silver issues that didn’t circulate and would probably stand out. Common date common circulated condition buffalo nickels are worth a buck or two. Any Morgan dollars are 90% silver and will be worth, at minimum, silver value and usually these go for a (very) little more than straight silver value; $15-18 each.
     
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  8. May 18, 2019 at 2:22 AM #8

    solid_fuel

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    Are you going to the sod farm tomorrow? I’ll bring you a couple old coins I have, nothing really worth much but cool none the less.
     
  9. May 18, 2019 at 2:28 AM #9

    Bat-mite

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    Wish I could, but it's my wife's birthday, and for some reason, she doesn't want to spend the day at a rocket launch.

    Thanks, though. Maybe in June?

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  10. May 18, 2019 at 3:06 AM #10

    solid_fuel

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    I’ll prob be there in June too. That will give me a little more time to find some stuff I couldn’t find just now. I did find a few things that would be awesome for a new collector.
     
  11. May 18, 2019 at 5:41 PM #11

    ThirstyBarbarian

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    Thanks for the info!
     
  12. May 18, 2019 at 5:41 PM #12

    ThirstyBarbarian

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  13. May 18, 2019 at 6:49 PM #13

    manixFan

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    Once a quarter there is a coin show in my area. There are coin dealers who will pay you for the silver value of coins, typically at 85-90% of value. They'll quickly tell you if any of the others have any value. Occasionally you'll get lucky, I had a couple of early German coins that came back from WWII that were worth a lot more than the values listed in a coin book I have. A dealer bought them right away.

    On the other hand, I had some 1800's silver dollars that were supposedly worth between $100-$200 but no one would buy them since they are so abundant. Like so many collectables, coins have fallen out of favor with younger folks so the market is really shrinking. Unless the coins are really valuable, they are getting harder to sell.

    Tony

    here's a website with live values of the silver content of us coins:

    http://www.coinflation.com/silver_coin_values.html
     
  14. May 20, 2019 at 1:52 AM #14

    ThirstyBarbarian

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    I sold some of the silver and things I knew had value for collectors, but I’ve sent you a PM listing the wheat pennies, Eisenhower dollars, Kennedy Half dollars, Bicentenial coins, and foreign coins. Let me know! There are some fun things for a kid coin collector in there.
     

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