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Should I consider my pre-1964 silver coins junk?
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<p>[QUOTE="Spark1951, post: 7753712, member: 90692"]Many older, worn silver, usually below VF20 have approached their melt value, barring key dates and mintage numbers. It is these, and damaged coins that are assigned the term “junk”.</p><p><br /></p><p>This is mostly because when you try to sell them most buyers want a bargain from the get-go and anything still slightly above melt value gets lumped in with the rest, regardless.</p><p><br /></p><p>Remember, going forward, these types are common and will appreciate <i><b>very</b></i> slowly past melt. I have sold off most of these, but I still have some Roosevelts to go through.</p><p><br /></p><p> I have saved for my sons only silver coins at or above VF20. I have already presented ALL of these, in several volumes, to them. They now have total ownership. They now control whatever they want to do with them, and later no squabbling over them. When they appreciate in the future, my sons know what to do, and how to do with them.</p><p><br /></p><p>Passing the torch…Spark[/QUOTE]</p><p><br /></p>
[QUOTE="Spark1951, post: 7753712, member: 90692"]Many older, worn silver, usually below VF20 have approached their melt value, barring key dates and mintage numbers. It is these, and damaged coins that are assigned the term “junk”. This is mostly because when you try to sell them most buyers want a bargain from the get-go and anything still slightly above melt value gets lumped in with the rest, regardless. Remember, going forward, these types are common and will appreciate [I][B]very[/B][/I] slowly past melt. I have sold off most of these, but I still have some Roosevelts to go through. I have saved for my sons only silver coins at or above VF20. I have already presented ALL of these, in several volumes, to them. They now have total ownership. They now control whatever they want to do with them, and later no squabbling over them. When they appreciate in the future, my sons know what to do, and how to do with them. Passing the torch…Spark[/QUOTE]
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Should I consider my pre-1964 silver coins junk?
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