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12/22/10, 08:47 AM
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Join Date: Dec 2005
Location: SE wisconsin
Posts: 1,266
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Silver dollars
I have several silver dollars from 1975. What are they worth now, and where would I take them to cash them in??Thanks.
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12/22/10, 09:19 AM
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Join Date: Mar 2007
Location: Illinois
Posts: 9,898
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Not much unless they're mint.
You'd have to find a serious collector, or a goofy enthusiast.
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12/22/10, 09:49 AM
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Join Date: May 2009
Location: Michigan
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I'll give ya a dollar each!
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12/22/10, 10:35 AM
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Join Date: Dec 2005
Location: Korea---but from Missouri
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$1 or in 1975 terms much less thanks to our friends at the FED and the American appetite for cheap credit.
There is no Silver in dollar coins during that period.
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12/22/10, 10:47 AM
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Join Date: May 2010
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Somewhat off topic; but are the silver dollar coins to hang onto for silver content is anything 1964 and older?
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12/22/10, 11:30 AM
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Join Date: Mar 2005
Location: Bartow County, GA
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Here's a good site for coin value & other info.
http://www.numismedia.com/fmv/fmv.shtml
Many OLD coins are worth far more than their silver value. Don't be in too much of a hurry to trade them in for the silver content...
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Last edited by Wolf mom; 12/22/10 at 11:32 AM.
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12/22/10, 11:38 AM
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Microbe farmer
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Join Date: Dec 2008
Location: Texas
Posts: 750
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Quote:
Originally Posted by lenii
I have several silver dollars from 1975. What are they worth now, and where would I take them to cash them in??Thanks.
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Are they actually silver? Or simply $1 coins with no silver? If they're silver, they'll be stamped as such. Spot price is just under $30 today. You can sign up for a daily newsletter from www.the-moneychanger.com giving buy and sell prices on most coins, both gold and silver.
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Somewhat off topic; but are the silver dollar coins to hang onto for silver content is anything 1964 and older?
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That's correct.
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12/22/10, 11:43 AM
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Moderator
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Join Date: May 2002
Posts: 9,511
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I suspect that the $1 coins you have are Eisenhower dollars. Can you see copper on the edges? If so, they don't have silver content.
For eons, up until a month ago, you'd be doing good to get anything over $1 each. But, in the past few weeks, Eisenhower dollars have been selling for $1.50 to 1.75 each on ebay.
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12/22/10, 01:56 PM
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Join Date: Mar 2006
Location: Michigan's Thumb
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Why??
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12/22/10, 02:00 PM
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Banned
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Join Date: May 2002
Location: South Central Wisconsin
Posts: 14,801
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The last US silver dollars for circulation were minted in 1935. The only large dollars for circulation since were the Eisenhower dollars minted 1971-1978. No silver in them, just nickel clad copper. I somehow accumulated 9 of them.
Martin
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12/22/10, 03:05 PM
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Join Date: Dec 2003
Location: White Mountains, Arizona
Posts: 2,478
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Quote:
Originally Posted by lenii
I have several silver dollars from 1975. What are they worth now, and where would I take them to cash them in??Thanks.
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If they are actually dated 1975 they could be valuable. The Ike dollars were from 1971-1974, 1977-1978 with the obverse having a Eagle flying over the moon holding an olive branch; tribute to the Apollo 11 mission. The 1975-1976: Bicentennial design had the Liberty Bell in front of the moon (all were dated 1776-1976).
All were clad and made of copper and nickel. The current melt value of the metals is about 24 cents and the value of them as money is still $1.
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12/22/10, 03:56 PM
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Join Date: Dec 2005
Location: SE wisconsin
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thanks
I have two Liberty heads from 25 and 26. I assume these are silver, altho I don't see where they are marked that. So are they worth $30 each?
I have 9 Eisenhower ones, 4 with the moon, marked 1776-1976. Five are with the eagle...
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12/22/10, 04:52 PM
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Join Date: Sep 2005
Location: EastTN: Former State of Franklin
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Quote:
Originally Posted by Gabriel
Are they actually silver? Or simply $1 coins with no silver? If they're silver, they'll be stamped as such.
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Nope...not correct. The only US coin ever stamped with the word silver is the US silver eagle bullion coin.
Seems to be quite a bit of confusion about Eisenhower dollars....there are SOME with silver ( 40% ) and some without. The 40% silver ones were proof and uncirculated coins.....the common, circulated ones had no silver.
Also, it seems there was no 1975 issue, from what I read on them.
Last edited by TnAndy; 12/22/10 at 04:56 PM.
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12/22/10, 05:08 PM
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Join Date: Oct 2005
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careful on selling coins.....you don't know what you have unless you know what your have.........collector value......quality of finish can mean a magnitude or three in increased value.....or just face value in some cases......
coin collectors/dealers call it "cherry picking" (when they get over on an uninformed coil seller)
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12/22/10, 07:49 PM
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Join Date: Dec 2003
Location: White Mountains, Arizona
Posts: 2,478
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Quote:
Originally Posted by lenii
I have two Liberty heads from 25 and 26. I assume these are silver, altho I don't see where they are marked that. So are they worth $30 each?
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Those are called Peace Dollars and they are 90% silver. The total melt value (silver and copper) for the 1921-1935 silver Peace dollar on December 22, 2010 is $22.63.
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Mess with me? I may let karma take care of it. Mess with my family? I become Karma.
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12/22/10, 09:10 PM
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Moderator
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Join Date: Oct 2009
Location: NE PA Near Lake Wallenpaupack
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www.pcgs.com they list current trending collectable coin values. Free site; it's a book makrk of mine.
Matt
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12/22/10, 09:22 PM
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Join Date: Apr 2003
Location: Southern Maryland
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Hope this isn't too far off topic, but since it is illegal to mutilate US currency how is the melt value relevant? No one actually melts these down do they?
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12/22/10, 09:29 PM
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Join Date: Oct 2003
Location: Carthage, Texas
Posts: 12,261
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Quote:
Originally Posted by mistletoad
Hope this isn't too far off topic, but since it is illegal to mutilate US currency how is the melt value relevant? No one actually melts these down do they?
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Most folks purchasing silver coins buy them because they ARE in coin form. A knowledgeable person knows the value of the silver in them. I'd buy a silver coin (American) before silver bullion, just because the value/content is a known factor. Bullion is iffy on value/content.
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Learning is not compulsory... neither is survival. W. Edwards Deming
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12/23/10, 12:37 AM
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Join Date: Dec 2005
Location: Korea---but from Missouri
Posts: 829
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Quote:
Originally Posted by mistletoad
Hope this isn't too far off topic, but since it is illegal to mutilate US currency how is the melt value relevant? No one actually melts these down do they?
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Millions were melted down during the last PM bull market and ended up in the Hunt Bros coffers.
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12/23/10, 02:43 AM
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Banned
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Join Date: May 2002
Location: South Central Wisconsin
Posts: 14,801
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All of those billions and billions of silver coins didn't go into collections when clad coinage came into use. As soon as the silver content exceeded the face value, it wasn't long before recovering the metals by melting was more profitable than using the coins at face. Once melted down, there is no way of tracing the metals back to their origins.
I recall a time when silver prices reached 10 times face along with gasoline prices reaching $1 per gallon. There was a local Standard station selling gas for 10¢ if it were a silver dime!
Martin
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