some nice coins i got when i was a kid...

Discussion in 'Coin Chat' started by kaosleeroy108, Jul 17, 2010.

  1. fretboard

    fretboard Defender of Old Coinage!

    The guitar coins are really cool and there were definitely some issued that are worth money!!. Somalia used someone else's mint I forget the story. Another thing I heard is the first year or two were actually silver and the others are sterling silver or all they ever issued was sterling silver. I can't remember exactly what I found out. I was gonna buy at one time but I forget why I didn't buy, cost could have been a factor, You don't want to buy sterling silver if it makes a difference to you, it does make a difference to most coin collectors but we're talking guitars here, great idea they had!!. Lastly, since they are little guitars and China is so big on both counterfeiting and guitars, I would buy very cautiously and look at them as best as you possibly can, even if they are slabbed. thumbs up player!!
     
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  3. panda

    panda Junior Member

    i just ordered the les and the blue motorcycle coin. the blue motorcycle looked like one of my grandfathers Harley's.:(

    i should have got the pink star guitar for my girl, maybe it would have helped to get her collecting. i ordered a polymer $1 Antarctica note for her the other day. it has penguins on it and she loves them. i just keep hoping she will get somewhat into this.:rolleyes:
     
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Why would sterling silver, which is .925 fine, make a difference to a coin collector?

    Chris
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER


    You are aware that these are not graded. They are raw. I mentioned that in my previous post. NGC will grade them, though.

    Chris
     
  6. fretboard

    fretboard Defender of Old Coinage!

    Well it only makes a difference if the collector is selling, so it may not apply in your case at all.
     
  7. panda

    panda Junior Member

    yea, i know they are raw. i got a few coins that need graded, i am just not sure if its even worth it to include these when i get them..
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    You're not making any sense at all. So, a person shouldn't buy coins made of sterling silver which is 92.5%. What about the collectors who buy coins made of 90% silver? Is this bad, too? I really can't comprehend the point you are trying to make.

    Chris
     
  9. fretboard

    fretboard Defender of Old Coinage!

    Chris,
    When they melt down silver it doesn't work the way we think it does and to separate that sterling silver and make it worth anything it'a alot of trouble. Therefore when you sell it they pay you alot less. Sorry amigo, I just wasn't following you. Check it out with a dealer, they don't pay much for Sterling at all. Here you go, I think the thread below has some info. I'm sure I could have found a better thread than this one but that's all I got for now. Alot of collectors at my coin club won't go near sterling silver coins at all, their choice and their coins.

    http://www.cointalk.com/t86702/
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    This appears to be one of those instances where a "he said, she said" corollary is not supported by facts, and you've made a broad assumption based on misinformation.

    In the first place, the thread you referenced was originally discussing scrap sterling silver from jewelry & flatware which can be very different from sterling silver that is used for coins, and the extraction process may or may not be more costly. Then someone else mentioned 90% silver for coins in the same thread, which again, is totally different from the sterling silver used for jewlery & flatware. The "fillers" that are commonly used for sterling silver jewelry and flatware are usually cheaper than the fillers used for sterling silver coins.

    Furthermore, there is no "special" extraction process for sterling silver from coins as opposed to the extraction process for 90% silver coins because sterling silver is merely a finer grade of silver. The last time I checked, silver is still silver.

    Please, before you start making blanket statements based on hearsay, make sure you have all the facts.

    Chris
     
  11. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

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