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Any good and silver storage?

B

Bilko

New member
From the UK. Crikey, your dollars are beautiful! How often do you guys find them? I presume they weren't lost very often? These are the dollar coins used during your wild west period? Any of these coins any good? These coins come from a collection I have had in the cellar for 20 years. I managed to get to them yesterday. Note the danger of silver storage in the last photo

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Hi B, just from off the top of my head I would say more like the Elliot Ness/ Al Capon years (FBI/famous gangster). WW Years are from mid 1800's to 1900 or so and our coins were art back then. Actually we had some pretty coins until the Roosevelt dime replaced the Mercury dime, IMO.

What happened to the whatever it was in the last photo?
 
I agree with Terry 100% on all and what is up with the last photo?? Thnx 4 posting and great finds.


Moose
 
Those are beautiful coins, but you should not keep decomposing mummies in your cellar. The fingers will rot and break off as demonstrated in your last photo.
 
Thanks.So these big silver dollars weren't around in the 1800s? The last photo shows some decomposed silver coins. Fortunately, there weren't many. Think that stuff is dangerous?
 
Oh yes, we had big silver dollars starting in the late 1700's, just not that design which is known as the Peace Dollar. All of our dollar coins prior to the Peace Dollar were much nicer IMO. Google our "Flowing hair or Draped Bust or Liberty Seated dollars. Morgan dollars (1878-1921) are still readily available at a coin shop at bullion prices. How about on your side of the pond? Are the older coins more artistic? Terry in San Diego
 
The US mint stores silver dollars in plastic tubes with airtight caps. They hold 20 dollars per tube.

If you have a lot to store, it may not be a bad idea to buy coin tubes for them. If they are collector quality coins then an individual case would be in order. There are companies that sell individual plastic shells that snap together. Airtight is the brand name. See sample below.
 
Thanks for the replies Anyone found any big silver dollars from the late 1700s or 1800s?

Yep, our coins are prettier the earlier you go. The quality is poor nowadays, too. I have found rusty coins in the Thames

Our silver coins were downgraded in 1919 to 50% silver and in 1946 to no silver, to pay for the wars
 
Bilko said:
Thanks for the replies Anyone found any big silver dollars from the late 1700s or 1800s?

Yep, our coins are prettier the earlier you go. The quality is poor nowadays, too. I have found rusty coins in the Thames

Our silver coins were downgraded in 1919 to 50% silver and in 1946 to no silver, to pay for the wars
Click to expand...

Here's the one I found last year Bilko. This is the first year of mintage for this dollar coin called the Morgan. Have to check out my videos to see the dig on it. RayMo found one last fall, and they're have been a number of guys dig them.

[attachment 202134 Morgan.jpg][attachment 202135 MorganII.jpg]

NebTrac
 
Thanks, NebTrac.Lovely coin! Are they worth more than the silver value? These coins were in the wild west. Were they the same size pre 1878?
 
Bilko,

I copied your photos into Photoshop Elements #9 and adjusted the
contrast and sharpness. It only takes a few minutes to do.
Most people want to show their finds at their best so Forum members
can get a better look at them.
I hope you don't mind my doing this?

Regis
 
Bilko said:
Thanks, NebTrac.Lovely coin! Are they worth more than the silver value? These coins were in the wild west. Were they the same size pre 1878?
Click to expand...

I think they are worth a little more than silver value, of course the fewer coins minted the more valuable. Its worth more to me just being able to unearth one. There wasn't anything tricky about it, as it was in a place that I've found many, many coins from 1880's to 1920's...though this was the oldest silver I've found there and the only dollar coin. But nothing special as to the signal, just straight forward 01-42. Not even any iron near that signal. Prior to this dollar I think they made a "Trade Dollar" and I believe it was the same size.

As to being in the wild west. Yes. This was a coin that was the year that the area I live in was starting to be populated. So there were indians (native americans) around this area, primariliy the Lakota Souix and the Pawnee I believe, along with cattle herds, bison herds. The nearest railroad did not come into this area until 1899, though about 20 miles south they had one in mid 1880's.

NebTrac
 
The 1923 piece dollar is one of the more common of the piece dollars in all mints. They are worth retail about $35.00 in the condition you show. Melt value is about $28.00.
Both the piece and Morgan dollars were in circulation in all dates until after 1964. I have about 50 different date and mint marks I got from change during the 50's and 60's. Some date are rarer then others and all CC mint marks were scarce, I only have one of those. The 1921 Morgan was the last and most plentiful. When I needed a dollar I would take one of those out of the collection and replace it later. When they disappeared basically overnight I only had one in the collection.
 
1964 was when the price of silver got to the point that there was more then a dollars worth of silver in them. Everybody that had some in their pocket put them in a drawer. It was unreal, within a week after that fact hit the news there were no silver dollars or half dollars in circulation. Then in 1971 they minted the Eisenhower dollar in 40% silver. 1976 was the last year they minted the Eisenhower dollar with 40% silver; for the next 2 years they were clad dollars and then replaced by the Susan B. Anthony dollar. The Eisenhower 40% dollar has about $11.50 of silver in them now.
 
really interesting! So most of your silver is scrapped?
 
How much of our silver coinage is melted I have no idea. All the coins I have ever found are in my treasure chest along with all the clad I have found. In 2006 the mint made it illegal to melt pennies and nickels, not sure why.
 
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