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Looking at Coins: Pre-1964 US Silver Coins – Mark Lawson Antiques

Pre 1964 US Silver Coins When helping clients settle an estate or prepare for an estate sale, the most common type of collectible coins we see are american silver medal dollars, half dollars, quarters. and dimes. The United States has been minting and issuing its own official coinage in gold, silver medal, bull, and nickel ( along with versatile mixtures of nickel and bull ) since 1793. From the eighteenth century until 1964, US silver coins were comprised of 90 % pure ash grey alloyed with 10 % other metals in ordain to make the coins more durable and less prone to wear. Silver and amber coins intended for circulation as currency are typically made this way because these metals in their saturated state are very soft and wear very promptly – this is besides why pure aureate or silver jewelry is rarely made .
There ’ s a wide crop in rate for US pre-1965 coins, but we can help you figure out what it is you have. In the United States, the dimes, quarters, and half dollars coins minted in 1964 and earlier are 90 % eloquent. These coins include :

  • Morgan and Peace dollars
  • Liberty Head (aka Barber), Walking Liberty, Franklin, and Kennedy half dollars 1964 and older
  • Liberty Head (aka Barber), Standing Liberty, and Washington quarters 1964 and older
  • Liberty Head (aka Barber), Winged Liberty Head (commonly called “Mercury”), and Roosevelt dimes 1964 and older
  • Jefferson “Wartime” nickels

These kinds of coins are sometimes called “ trash silver ” by coin collectors and dealers. They are typically common coins, minted in large quantities and well found even today. however, there are some exceptions to these otherwise common coins. Most Morgan and Peace dollars, unless terribly worn or damaged, always have at least a modest collectible or numismatic value above their silver value. There are besides sincerely rare and collectible coins in these categories such as the 1916-D Mercury dime, the 1938-D Walking Liberty half dollar, and coins in high grades of uncirculated condition ( as if they barely came from the mint ) which are identical rare and prized by collectors .
The value of park pre-1964 US eloquent coins changes as the price of ash grey ebb and flows in the ball-shaped commercialize, and is besides affected by the ball-shaped industrial requirement for silver. The value of US silver coins is by and large based on the ash grey content and is typically expressed as a rate of the face value. For exemplar, if the debris silver monetary value is $ 10 for every $ 1 of expression prize, a dollar ’ s worth of 90 % silver coins would be deserving $ 10, a half dollar would be $ 5, a quarter $ 2.50, and a dime bag would be deserving $ 1.

The best discussion of advice is to always double check your coins before making a decision about what to do with them. A while ago, we had a customer who brought in a World War II ammunition case full of silver dimes from their rear ’ mho basement, one of two boxes the parents had filled with dimes throughout their lives. Our client ’ south box ended up revealing $ 5,000-10,000 worth of 90 % silver blind, as calculated at the argent price of the day. The sister who inherited the other ammunition case took it to a exchange machine and received $ 600-700 for the coins ’ face prize. sadly, she had no recourse, and the genuine value of those silver coins was lost to the change car .
Do you have coins you would like to investigate selling ? Contact us by e-mail or call us at ( 518 ) 587-8787.

Are you looking to identify a coin ? here ’ s a immediate reference book for the US 90 % flatware coins we see most much.

Do you have questions about buying and selling gold, platinum, or silver bullion coins ? Call us at ( 518 ) 587-8787 or email us at marklawsonantiques @ gmail.com .

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