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<p>[QUOTE=&quot;BostonCoins, post: 2632632, member: 34720&quot;]I run into this all the time with some of my relatives. I have one relative that once approached me with a what penny. She said &quot;Look at that thing, huh? Thing&#039;s gotta be worth what, like $50 or so!??!&quot;. I had to tell her that it was a 1948 in a very worn condition. I told her the value was more like $0.02. The look on her face was like I had just punched her in the gut.</p><p><br /></p><p>Anyhow, onto the story based on the title of this thread. I have a relative that has inherited &quot;Grandpa&#039;s coin stash&quot;. For years, she would tell me that he had tons of silver half dollars stored away. I always told her that if they were really silver, and silver prices were up, she might make a pretty penny on them! I kept telling her to bring them home from the safe deposit box one day and I&#039;d go through it, make a nice Excel spreadsheet for her to know what exactly she had.</p><p><br /></p><p>Well, one day, she brought the collection home. I couldn&#039;t WAIT to go through it. Unfortunately, it was as I had feared. Of the 500+ Kennedy half dollars in the bags and boxes, only about 50 of them were actually silver. There were also a few worn Walking Liberty&#039;s (all 1940&#039;s) in there as well. I went to Coinflation to get the current melt value on them, and made a nice spreadsheet for her.</p><p><br /></p><p>After going through it all, rather than her having thousands, it turned out she had only had a couple hundred or so dollars total coin value (that was including the non-silver coins at face value). </p><p><br /></p><p>I felt so bad telling her that what Grandad had been telling her for her entire life was actually not accurate. Needless to say, she was heavily disappointed and I even sensed she was angry at me (don&#039;t shoot the messenger!).</p><p><br /></p><p>I think that we all, as coin people, probably run into this kind of thing all the time. When someone has an older coin, you&#039;d swear they hit the lottery.. that is.. until we look at it and reveal that it&#039;s only worth a couple of bucks!</p><p><br /></p><p>Just thought I&#039;d share and vent. I have felt so bad for months after what happened![/QUOTE]</p><p><br /></p>

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