I was reading a report on Reddit in which a man was saving his change and horded onto it for 30 years. Yep It was Heavy So they decided to roll every coin so they did just that $1,326.50 worth of pocket change. Then it was brought to his attention a majority of the dimes and quarters was pre 1965 95% of em to be exact!! We all know what that means anyone want to come up with the lucky hit value on this?
Reddit always has some fun stuff. I read that story, too. Yep, he didn't even know that nearly all of the coins were 90% silver. I heard numbers in the $7000 range as far as amount of silver.
Well, he has $1025 in quarters and dimes, if 95% of them are silver that means he has $973.75 face value in silver coinage. With the value of silver right now, they quarters and dimes are worth $15,482.63, add in the clad FV stuff and it brings the total value to $15,784.13. And yes, I had nothing better to do.
I am surprised that so much (95%) of the lot was pre-1965 silver coinage. If he started 30 years ago (1983) or even 40 years ago (1973), the vast majority of the silver had already been removed from circulation. Now, if he had started 50 years ago (1963), then maybe lots of silver. TC
There is something wrong with this picture. If the majority of the dime/quarters were pre 65 that should also mean the jug had a whole bunch of pre 59 pennies (wheats). From the pictures though, I cannot pick out a single wheatie.
I had roughly 15 years worth of change stored in a big box. Last year I separated the denominations when I found a coin sorter tray at the local Goodwill store. A few months ago, I bought a digital scale to weigh silver bullion coins and used the scale to get the coins into rolls. It was $540 in Quarters, $175 in Dimes, $34 in Nickels, $36 in pennies. Pretty confident there's not a single silver coin in the bunch.
Well, I've only scanned the first part of the Reddit thread, but I'm kind of thinking "shenanigans" as well. 30 years ago, we were a couple of years past the Hunt bubble, and there was almost no silver left in circulation (except in halves) -- believe me, I was looking. Even in the 1970s, you could go through ten rolls of quarters and not find a single silver one. Looking at the photos, I'm not seeing the telltale color of silver. Most of the roll-end dimes and quarters look about the same color as the nickels, implying that they're clad. I wonder if the guy who posted the photos is trying to build up to a really, really big "unsearched rolls" scam...
He also would have needed to save the vast majority of the coins in the earliest of the years and almost nothing afterwards. Possible but not typical of someone who's use to saving their pocket change.
30 years is not old enough for mostly silver coins. Silver went out in 1964? That is almost 50 years ago.
Twas thinking the same when I read that. When silver hit the big time in the 70s that stuff was outta here.
Hmmmm... true. You never know, maybe the newer coins are just showing on the front. That does seem rather odd, though.
you can see the edge of a couple in the pic and they are not silver. I know it is just 2 out of thousands but those two are a random sample and indicate that there's not much silver
The mainstream media's running with the story now: It's up to $12k in silver change as they crank up the sensationalism meter. This link to that reputable journalistic source; MSN. http://now.msn.com/reddit-coin-collectors-stash-is-worth-12k
Probably little (if any) silver in this hoard. People like to "tell stories"... and this one has baloney written all over it.