Greatest find

Discussion in 'US Coins Forum' started by National dealer, May 5, 2004.

  1. National dealer

    National dealer New Member

    Here is a hint.

    When you visit your dealer, be sure to look through the junk silver. We (dealers) all have a coffee can or some other holder used for junk silver. These are the coins that get sold at about melt prices. Most on a really good day would grade good.

    Today, while looking through a few recently bought worn mercs, out pops a 16D grading about good 3.

    This is a coin that was bought at 43 cents.

    Most of us (dealers) do not bother to look at dates and mint marks of junk silver. We drop them in our container and either sell them in handfuls to our customers, or put them in a 1000 dollar bag and wholesaled to other dealers. This little key has passed through countless hands until finally being spotted. If the phone would have rang, this coin would have been in the hopper, or worse yet, on the way to the refiner.

    Just goes to show you, if you take the time to look, you never know what little treasure will be awaiting you.
     
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  3. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Did that make up for the body bag proofs?

    ;)
     
  4. National dealer

    National dealer New Member

    Well my little dime was sold today at a very discounted but good price.

    Was certainly a good day for buying :D
     
  5. QUEENKOIN

    QUEENKOIN New Member

    Often dealers also have a bargian bin box with uncirculated coins cheaply discounted.

    I continue to pull many GEM FBL Franklins from these boxes, I have also been able to score quite a number of Full Step Jeffersons also....

    I love looking through these boxes.....
     
  6. pog

    pog New Member

    awesome find nd. their is definately no telling what you can find by rummaging. i will keep the tid bit in mind next time i go to the local shop.
     
  7. chevy

    chevy New Member

    43 cents! Wow! if I got prices like those, I would buy 50!
     
  8. National dealer

    National dealer New Member

    Well it wasn't done on purpose. The coin was in a small group of junk silver. So 43 cents for slick dimes was a fair and honest price. I guess most people just never expect to see a monster date mixed in with junk.
     
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