Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Roll Hunting
>
Silver Rolls?
>
Reply to Thread
Message:
<p>[QUOTE="John Burgess, post: 7561321, member: 105098"]People will break apart silver proof sets for various reasons, submitting for grading is one of them, they aren't going to submit the cent or the nickel, just the silver for the kennedy the dime and the quarters. </p><p><br /></p><p>now a company like HSN or any of the other home shopping coin shows might submit in bulk and have a cut off of PF69 and all the rejects below that (and the majority should grade PF69 or 70) would get returned raw, and they would sell it as a roll of silver S mint proof quarters since they are out of the mint packaging. </p><p><br /></p><p>the clad proof set comes out each year first, they submit those whole, but they really don't need the non silver coins in the silver proof set by the time that comes out. their markups are high enough to toss out the non silver coins or put them in circulation or dump them at a bank. </p><p><br /></p><p>Hope this makes sense. you aren't going to find silver state quarters with P or D mintmarks, at least not real ones, you may find plated ones, they exist out there also and pop up from time to time. </p><p><br /></p><p>a collector of kennedy halfs or roosevelt dimes might break the silver proof sets for that one coin for their album, and then pile up the remaining coins into a roll to sell them to recover some of the cost of the silver proof sets. figure if they only want the kennedy, and buy the set each year, they put 5 silver quarters and a dime in tubes. 5 quarters a year, so in 8 years they are sitting a on a full roll of S silver quarters they don't want or need really. </p><p><br /></p><p>lots of reasons for this to happen. At my LCS a guy came in with rolls of 40% silver bicentennial halfs and quarters, he inherited a bunch of sets he said, and said broke them down so he could sell them as the silver for melt. he sold the shop two rolls of each.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 7561321, member: 105098"]People will break apart silver proof sets for various reasons, submitting for grading is one of them, they aren't going to submit the cent or the nickel, just the silver for the kennedy the dime and the quarters. now a company like HSN or any of the other home shopping coin shows might submit in bulk and have a cut off of PF69 and all the rejects below that (and the majority should grade PF69 or 70) would get returned raw, and they would sell it as a roll of silver S mint proof quarters since they are out of the mint packaging. the clad proof set comes out each year first, they submit those whole, but they really don't need the non silver coins in the silver proof set by the time that comes out. their markups are high enough to toss out the non silver coins or put them in circulation or dump them at a bank. Hope this makes sense. you aren't going to find silver state quarters with P or D mintmarks, at least not real ones, you may find plated ones, they exist out there also and pop up from time to time. a collector of kennedy halfs or roosevelt dimes might break the silver proof sets for that one coin for their album, and then pile up the remaining coins into a roll to sell them to recover some of the cost of the silver proof sets. figure if they only want the kennedy, and buy the set each year, they put 5 silver quarters and a dime in tubes. 5 quarters a year, so in 8 years they are sitting a on a full roll of S silver quarters they don't want or need really. lots of reasons for this to happen. At my LCS a guy came in with rolls of 40% silver bicentennial halfs and quarters, he inherited a bunch of sets he said, and said broke them down so he could sell them as the silver for melt. he sold the shop two rolls of each.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Roll Hunting
>
Silver Rolls?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...