Silver Content and Toning

Discussion in 'US Coins Forum' started by Bonedigger, Oct 7, 2005.

  1. Bonedigger

    Bonedigger New Member

    I've noticed a subtle but yet different toning on silver dollar/crown size coins. The silver and copper content of contemporary US Silver Dollars is 90% silver 10% copper. Next there is the English Crown (sterling) which is 925% and the Canadian Silver Dollar is 80% silver and 20% copper respectively.

    The Canadian dollar tones faster and darker, then the US coinage, followed by the virtually white crowns. These are based on circulated coins in XF-AU condition.

    Your thoughts? By the way, Silver is doing nicely isn't it :)

    Bone
     
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  3. silvrluvr

    silvrluvr Senior Member

    I'm not familiar with metallurgy, but I have seen many silver Eagles and .999 fine bullion pieces with toning ranging from lightly colored to black. It seems like the environment that they're exposed to makes most all of the difference. It's nice to see silver prices climbing, but I'd rather they stayed lower while I'm in accumulate mode. It'll be interesting to see how much of the price increase carries over to the eBay lots for sale. If silver is up ~10%, very little of it is carrying over to eBay sales so far....
     
  4. Bonedigger

    Bonedigger New Member

    Your right there. I snagged a few pieces (Peace Dollars) today virtually at melt!!! They were less than $9 each. I was surprised as heck :) The wife may make some jewlery or something cool out of them and the ebay circle continues...

    Bone
     
  5. silvrluvr

    silvrluvr Senior Member

    Good job! I'm trying to find some 90% at good prices myself. I have a lot of time available to search and I know that there are still deals to be had. I try to find a mix of bullion/numismatic value at bullion prices. It's out there, just takes some searching. I have fun doing that.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator


    Just don't forget that melt value for a silver dollar is $5 and change ;)
     
  7. silvrluvr

    silvrluvr Senior Member

    I give silver dollars a wide berth when sold by themselves because they are so pricey. The only silver dollars I have so far were all acquired at melt or below by buying 'lots' and small collections. I like the Canadian silver dollars and they can frequently be found in uncirculated condition at melt. They have .6 oz. per coin, (<=1967). I like the size of them and the heft and I'm starting to buy and collect the higher grade coins. I like the ICCS certification service as they are EXTREMELY conservative, and they don't put the coins in a slab. I totally do not like slabs! I will buy coins in them, but I won't leave them in.
     
  8. Bonedigger

    Bonedigger New Member

    OUCH!, Well, maybe not melt. The Red Book value for them is around $12-$14 so...

    Bone
     
  9. Speedy

    Speedy Researching Coins Supporter

    Something else to remember...never go by the Red Book....its not a good price guide...nither is the PCGS price guide for that matter.

    Speedy
     
  10. Bonedigger

    Bonedigger New Member

    A hard habit to break, not using the Red Book. I've held it as the standard for over 30 years and so did my parents. My little brother has the first five years of them! True not on the mark, but for a small time collector like me it's good enough ;)

    Bone :)
     
  11. Speedy

    Speedy Researching Coins Supporter

    But its a habit that needs to be broken...
    Back years ago the Red Book was more in line and was used lots more than it is today...today the best guide is only auctions.

    Speedy
     
  12. Bonedigger

    Bonedigger New Member


    True, I always check eBay, Teletrqade, Vcoins, etc. if I'm in the market for a specific item and don't want to get taken. I guess the romance of QD Bowers and his imput still make it attractive to me. There is other valuable information in it as well besides the values.

    Bone
     
  13. lakebreeze

    lakebreeze New Member

    I've bought the red and blue book for many,many yrs.. Recently I noticed quite a few differences in the mintages listed on the same coins between the red and the blue books. I contacted them as I puchase coins based on correct mintage numbers, They said they had fixed the errors. I wanted my money back or the repaired version. Ha! thats a laugh! They got my money, to bad for me, buyer beware. I wount'nt buy there products again, they dont have the pride to back up their work. I wonder how many coins I have puchased thru the yrs. based on their incorrect information. I sell my work to the public and always have had the policy that if your not satisfied with my work I will buy it back at full price. That appears not to be the case with Whitman Publishing.
     
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