History of silver coins minted in the USA

Discussion in 'History & Past Politicians' started by FatBack, Jan 4, 2019.

  1. FatBack

    FatBack Well-Known Member

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    Fascinating subject. Wish I had even one copy of every coin ever minted, buy a new car, maybe a house? They even had the death penalty for forging and/or debasing!!! Continued at link, a pictoral history and facts, including total minted and what years a given coin was struck in. Continued at the link, includes all silver coins ever struck.
    [​IMG]


    Silver as Money: A History of US Silver Coins

    [​IMG]The history of silver as money goes back many thousands and thousands of years. Silver coinage first appeared around 600 BC in current day Turkey, and from there it has been used in every major empire, from the Greeks & Romans to the Spanish and current day United States.

    I’d like to take a look at the history of US silver coins that have been used as money since our nation begun. It’s amazing how few people even realize that for the first ~ 175 years of the US, silver was used in everyday coins and circulated throughout the economy as common money up until the year 1964, when they stopped making silver coins.


    Even though many coins overlap in dates, I organized the events in a timeline to view it in chronological order. I also included the dates of the various Coinage Acts and how they affected silver coinage. Take some time to look at the coins’ designs and appreciate the artwork.



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    Last edited: Jan 4, 2019
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  2. Blaster3

    Blaster3 Well-Known Member

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    coins are intrigueing , but with anything 'collectable', you need to hold onto it for decades before making substantial gain over investment... coinage cost more than precious metal value, which makes them a poor choice for 'preppers', better off buying ingots and bars for preppin reasons...
     
    Last edited: Jan 4, 2019
  3. FatBack

    FatBack Well-Known Member

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    True, but I wish I had a 5 gallon bucket of those flowing hair dollars from shortly after we sent the King and tories, packing. One coin can easily buy a new car.
     
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  4. jay runner

    jay runner Well-Known Member

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    A history of intrinsic value in US coinage that ended in 1965.
     
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  5. FatBack

    FatBack Well-Known Member

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    Sadly enough. I was intrigued by this subject when I got two quarters in change, some months back. They sounded "off" as they hit my hand. One was 1962 and worth over 3 dollars, melt value.

    May try some coin roll hunting, take 50$ or so to the bank and buy rolled quarters or dimes and search for silver.
     
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  6. Blaster3

    Blaster3 Well-Known Member

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    there's plenty out there, especially during the last decade many people started using their saved coins to make ends meet, too bad they didn't have the wearwithall to look at em first...
     
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  7. FatBack

    FatBack Well-Known Member

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    This raises a couple of questions. One, was at the store the other day and a women payed with paper roll pennies. The clerk took them in the back room to weigh them.

    How is that even possible, different years were minted with different %ages of different metallic alloys. I would think weight would be all over the board?

    And two, do you think banks search for silver coin, before rolling? If I buy 50$ and find not one silver quarter, I would assume so?
     
  8. Moi621

    Moi621 Well-Known Member Donor

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    Oh for the days when a dollar was

    backed up with a dollar's worth of Gold or Silver.

    And that coin was to represent so many cents worth in silver.
     
    Last edited: Jan 7, 2019
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  9. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Big fan of Franklin Halves and JFK 1964.
     
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  10. BaghdadBob

    BaghdadBob Well-Known Member

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    Actually, preppers get great value in "circ 90" - that's circulated 90% silver dimes, quarters, & halves minted prior to 1965. Currently, circ 90 sells for about 10x face value for a $1000 face value bag with spot silver today at $14.53. A $1000 face bag of circ 90 has an actual silver weight of about 715 to 720 ounces.
    They also buy a fair amount of American Silver Eagles which are 1 ounce of .999 silver.

    Bar & ingots are NOT suitable for preppers as in times of crisis no market maker wants to worry about assaying. There's enuff chinese fake crap out there as it is.

    Numismatics is interesting for its history, research, and potential investment value.
     

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