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<p>[QUOTE="GoldFinger1969, post: 26586862, member: 73489"]Will it ?</p><p><br /></p><p>Our parents and grandparents hoarded silver coins especially after the government ceased using silver. But that was over 50 years ago. My grandparents and parents/uncles/relatives all had silver coins in some quantities (100-1,000). But today the Family Elders don't have them for the most part. 2 estates I worked on had $35,000 and $5,000 in coins but they're the exception.</p><p><br /></p><p>Folks on coins sites like this buy junk silver, silver bars, silver coins, etc. Not as sure about the public today as much as in the 1970's when alot more people were really shocked by the changes of the 1970's which were wrenching, unprecedented, and somewhat incredible.</p><p><br /></p><p><b><u>If you doubt me....ask anybody under the age of 40 if they ever waited an hour at a gas station to buy gas....or if they lived through inflation years which AVERAGED 8%....or anchovie or meat prices doubling in a few months and then doing it again. They'll look at you like you were from Mars or the 1880's.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></u></b></p><p><b><u><br /></u></b></p><p>I think there are more inheritances with some silver coins to come out, but I don't think it's on the volume of the 1970's. Maybe a few people who wanted to go cheap relative to Blanchard gold coins in the 1980's and 1990's did the silver alternative but most people were learning about the stock and bond markets.</p><p><br /></p><p><b>I would be interested if you Junk Silver Experts might quantify exactly how much silver coinage was used by the United States </b>from 1850 or whenever it started ($1, 50 cent, 25 cent, 10 cent, 5 cent) through 1964....how much they figure was melted/destroyed....and how much might be out there in circulation and/or in collections/hoards. </p><p><br /></p><p>I have no idea of the numbers and what the resulting silver content means relative to the current volume or annual supply.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26586862, member: 73489"]Will it ? Our parents and grandparents hoarded silver coins especially after the government ceased using silver. But that was over 50 years ago. My grandparents and parents/uncles/relatives all had silver coins in some quantities (100-1,000). But today the Family Elders don't have them for the most part. 2 estates I worked on had $35,000 and $5,000 in coins but they're the exception. Folks on coins sites like this buy junk silver, silver bars, silver coins, etc. Not as sure about the public today as much as in the 1970's when alot more people were really shocked by the changes of the 1970's which were wrenching, unprecedented, and somewhat incredible. [B][U]If you doubt me....ask anybody under the age of 40 if they ever waited an hour at a gas station to buy gas....or if they lived through inflation years which AVERAGED 8%....or anchovie or meat prices doubling in a few months and then doing it again. They'll look at you like you were from Mars or the 1880's.:D [/U][/B] I think there are more inheritances with some silver coins to come out, but I don't think it's on the volume of the 1970's. Maybe a few people who wanted to go cheap relative to Blanchard gold coins in the 1980's and 1990's did the silver alternative but most people were learning about the stock and bond markets. [B]I would be interested if you Junk Silver Experts might quantify exactly how much silver coinage was used by the United States [/B]from 1850 or whenever it started ($1, 50 cent, 25 cent, 10 cent, 5 cent) through 1964....how much they figure was melted/destroyed....and how much might be out there in circulation and/or in collections/hoards. I have no idea of the numbers and what the resulting silver content means relative to the current volume or annual supply.[/QUOTE]
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