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<p>[QUOTE="WingedLiberty, post: 1032374, member: 26030"]I was wondering how much lighter a Good Condition Barber Half weighs say than say a 1960 Franklin that was pulled from circulation.</p><p><br /></p><p>I did some research on how much silver older 90% silver coins lose from circulation.</p><p>This is what I found.</p><p><br /></p><p style="text-align: left"><span style="color: #000000">When newly minted, a bag ($1000 face) of 90% junk U.S. silver coins contains 723 ounces of <i>silver</i>.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">For more recent dates (1950 and later):</span></p> <p style="text-align: left"><span style="color: #000000">A worn smelted bag of dimes or quarters will net about 715 ounces (about a 1% loss) </span></p> <p style="text-align: left"><span style="color: #000000">A worn smelted bag of half-dollars will net a little more, between 718-720 ounces (about a 0.5% to 0.7% loss) because half-dollars did not circulate as much as dimes and quarters. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Although I could not find any hard references, I am guessing that for very old coins, like well worn (G+) Barber coins,</span></p> <p style="text-align: left"><span style="color: #000000">I would estimate that the silver loss is perhaps 2x to 3x more than above</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">If that estimate is correct ... </span></p> <p style="text-align: left"><span style="color: #000000">A worn smelted bag of Barber dimes or quarters will net about 700 ounces about a 3% loss. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p><br /></p><p>A worn smelted bag of Barber half-dollars will net about 708 ounces about a 2% loss.</p><p><br /></p><p>I am getting some old barber junk coins (to be delivered next week) and will do some actual weight tests and post results. </p><p>I wonder how close my estimate above is going to be -- or if i am too high and the loss is actually greater.</p><p><br /></p><p>The other thing I was wondering is where does the lost silver go? On our hands? In tills?</p><p>That's a lot of silver dust floating around.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1032374, member: 26030"]I was wondering how much lighter a Good Condition Barber Half weighs say than say a 1960 Franklin that was pulled from circulation. I did some research on how much silver older 90% silver coins lose from circulation. This is what I found. [LEFT][COLOR=#000000]When newly minted, a bag ($1000 face) of 90% junk U.S. silver coins contains 723 ounces of [I]silver[/I]. For more recent dates (1950 and later): A worn smelted bag of dimes or quarters will net about 715 ounces (about a 1% loss) A worn smelted bag of half-dollars will net a little more, between 718-720 ounces (about a 0.5% to 0.7% loss) because half-dollars did not circulate as much as dimes and quarters. Although I could not find any hard references, I am guessing that for very old coins, like well worn (G+) Barber coins, I would estimate that the silver loss is perhaps 2x to 3x more than above If that estimate is correct ... A worn smelted bag of Barber dimes or quarters will net about 700 ounces about a 3% loss. [/COLOR][/LEFT] A worn smelted bag of Barber half-dollars will net about 708 ounces about a 2% loss. I am getting some old barber junk coins (to be delivered next week) and will do some actual weight tests and post results. I wonder how close my estimate above is going to be -- or if i am too high and the loss is actually greater. The other thing I was wondering is where does the lost silver go? On our hands? In tills? That's a lot of silver dust floating around.[/QUOTE]
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