just looking for a rough estimate on the total value of my silver coins. here is a picture and i will list what they are. 2 peace dollars (very worn) 1965 Kennedy half 1961 franklin half 1855 seated liberty Quarter 1942 mercury dime 1943 mercury dime 1912 barber dime 1973 Illinois BiCentennial Medallion (marked Sterling)
I would use this site to estimate current prices of common us coins. I don't know about the medallion. The 1912 barber also looks a little strange, smaller then the mercury dimes but still has most of its features? http://www.coinflation.com/
i dont have pictures of the back but it is in about the same condition but i thas no scratches at all. (United States of America, Quar. Dol.) is all there and easy to read
Looks like someone was takin' out and lettin' off a little steam with that one Wac. I'll give ya "melt"........
Maybe to be sure they were silver ? Back then a 25c piece was a substantial sum, when a Navy Captain commanding a warship at sea wages were increased to $2100 a YEAR. (Found it on an old edition of the Boston Globe) That had to be a lot more than an ordinary seaman would earn. I think a lot of people earned about $30 or so a month back then.
Use coinflation.com melt value calculator to determine the value of these coins, that's what you basically have from what I can tell. Those Peace dollars are in horrible condition, I wouldn't even pay melt value for them to be honest, I'd just use the money to buy something in better condition or bar that equals the two coins total weight.
$30 a month in 1855? They'd be in the top 1% with that type of wage. From what I recall, most people made on average 33 cents for a days work around this time frame, if we minus the weekends if they had such days off, that's 261 working days a year without vacation which amounts to around $86 a year. $30 a month I'd say you could claim you were really well off.
General laborers made around $.33 a day. However a Captain in the Navy, commanding a warship at sea made considerably more than the average worker did in those times. And uh, $2100 a year equates to $175 a month, $43.75 a week, $6.25 a day.
True, I was just basing my response from his general, "I think a lot of people earned about $30 or so a month back then" where "a lot of people" necessarily isn't targeting just Captains in the Navy but speaking on the median average for all incomes in that era. Yeah, he mentioned $2100 a year for Navy Captain but his $30 a month reference was from what I can tell a general median for all average salaries in that period. To think people made up to $6.25 a day, I make that much at work when I sneeze. 0.33 cents a day is even crazier, to make that, I just have to think about work when I wake up.
$6.25 isn't that much by today's standards. But can you imagine being handed a bunch of old mint state seated dollars, halves, and quarters along with a bunch of older draped stuff for your wage? I could get $1500 a week in presidential gold dollars and not feel good about it.
I'd probably be willing to offer about $70-75 for the lot, personally. The highest value coins are all in really bad condition, is the thing, and it's not too difficult to get high quality silver dollars and half dollar at just about melt. Not to mention, with that much wear melt will be lower on those ones just because of metal lost/worn away. If you do want to sell them, though, let me know, I might be interested. Unless someone completely disagrees with my rough estimate?
But we are also talking of the time era of the 19th century My great great great great grandfather was a town justice for 10 years, 1822-1832, and earned about $2.50 a week in that capacity.
