Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The futility of searching circulating coins for silver- Washington Quarter edition
>
Reply to Thread
Message:
<p>[QUOTE="davidh, post: 505959, member: 15062"]If we define a coin being "in circulation" as having been in continuous commercial circulation since it's date of minting then I will say that the number of silver dimes and quarters that are still in circulation is ZERO. There is not ONE dime or quarter that has been in continuous circulation since 1964. </p><p><br /></p><p>The ones that are being found now are ones that have recently been placed into circulation from private collections or hoards. That's one reason why the ones being found are generally in fairly nice condition. It's doubtful that any silver coin put into circulation now lasts more than a few weeks at the most before being found and removed from circulation.</p><p><br /></p><p>Half dollars seem to be a slightly different case since it's been 40+ years since they freely circulated and Kennedys never really did circulate. When the Kennedys came out in 1964 they were a popular coin, but only for hoarding. The same for the 40% ones. Almost everyone who came across one simply held onto it. </p><p><br /></p><p>About this same time (1965-1970), half dollars in general ceased being a commercially usable coin and the great majority of them wound up in drawers or they just made their way back to banks where they remained, for the most part.</p><p><br /></p><p>Then in 1980 when the great silver buy by the Hunts occurred, the useless halves were sought out and turned into usable cash, along with any low grade dimes and quarters still circulating.</p><p><br /></p><p>Although silver halves can still be found in rolls, they've probably been those rolls for 20+ years, or they're part of personal hoards recently turned in to banks. They definately haven't been circulating.</p><p><br /></p><p>What this all boils down to is, if you want to find silver dimes or quarters, you have to be lucky enough to find them before they have been back in circulation for more than a few days. If you want silver halves, your only real option is getting old rolls from a bank.[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 505959, member: 15062"]If we define a coin being "in circulation" as having been in continuous commercial circulation since it's date of minting then I will say that the number of silver dimes and quarters that are still in circulation is ZERO. There is not ONE dime or quarter that has been in continuous circulation since 1964. The ones that are being found now are ones that have recently been placed into circulation from private collections or hoards. That's one reason why the ones being found are generally in fairly nice condition. It's doubtful that any silver coin put into circulation now lasts more than a few weeks at the most before being found and removed from circulation. Half dollars seem to be a slightly different case since it's been 40+ years since they freely circulated and Kennedys never really did circulate. When the Kennedys came out in 1964 they were a popular coin, but only for hoarding. The same for the 40% ones. Almost everyone who came across one simply held onto it. About this same time (1965-1970), half dollars in general ceased being a commercially usable coin and the great majority of them wound up in drawers or they just made their way back to banks where they remained, for the most part. Then in 1980 when the great silver buy by the Hunts occurred, the useless halves were sought out and turned into usable cash, along with any low grade dimes and quarters still circulating. Although silver halves can still be found in rolls, they've probably been those rolls for 20+ years, or they're part of personal hoards recently turned in to banks. They definately haven't been circulating. What this all boils down to is, if you want to find silver dimes or quarters, you have to be lucky enough to find them before they have been back in circulation for more than a few days. If you want silver halves, your only real option is getting old rolls from a bank.[/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 Chat
>
The futility of searching circulating coins for silver- Washington Quarter edition
>
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...