beauanderos wrote:Man... I would love to have a time machine and go back to 1964. But I'll bet that even then you couldn't get full wt rolls of Standing Liberties without
paying a fortune. Now you'd likely pay in excess of $1200 for one (XF 40 examples go for $31).
pennypicker wrote:beauanderos wrote:Man... I would love to have a time machine and go back to 1964. But I'll bet that even then you couldn't get full wt rolls of Standing Liberties without
paying a fortune. Now you'd likely pay in excess of $1200 for one (XF 40 examples go for $31).
What most people aren't aware of is that vintage baseball cards have far exceeded the gains of coins. The value today of an unopened 1964 5 cent pack of of baseball cards is $1000 ($1500 if mint). So in Rays' example that initial $10 purchase in 1964 of standing liberty quarters is now worth $1200 whereas if you used that $10 instead to buy 200 nickel packs of 1964 baseball cards and kept the packs unopened they would now be worth $200,000 ($300,000 if kept in mint condition).
Most people think the baseball card hobby is dead but this is far from the case. High-end "investment grade" psa graded pre-1980 single cards and unopened packs are continuing to rise every year setting new all-time price records at the major auction houses. Just this past July 18th on ebay a PSA 9 Pete Rose rookie card sold for $150,001--and this is a guy that has been banned from Major League Baseball!
silverflake wrote:On the SLQ idea of not getting the full weight, heres a real life example. I have been 'stacking' silver in one way or another since 1991. About 10 years ago i had amassed a big old container of silver quarters. I decided to sort, bought a bunch of plastic rolls, started sorting into decades. Sure enough, the silver Washingtons fron 50's and 60's stacked right up to the rim. The one roll of SLQ's i had (mostly no date) fell almost an inch shy of the top of the rim! Similar for Washingtons of 40's and 30's. Not enough Barbers for a roll but I imagine the same is true. I need to weigh those rolls to see how short they are.
Regardless, keep stacking.
beauanderos wrote:Nice post, Country. Lots of grist for the mill. Good point about the vending machines, although not too many of us remember the 50's
as well as you might.
Man... I would love to have a time machine and go back to 1964. But I'll bet that even then you couldn't get full wt rolls of Standing Liberties without
paying a fortune. Now you'd likely pay in excess of $1200 for one (XF 40 examples go for $31).
But, boy howdy... you coulda backed the truck up on Morgan's... if only we had known And BU Franklin rolls
Recyclersteve wrote:beauanderos wrote:
Man... I would love to have a time machine and go back to 1964. But I'll bet that even then you couldn't get full wt rolls of Standing Liberties without
paying a fortune. Now you'd likely pay in excess of $1200 for one (XF 40 examples go for $31).
:
Even if you could go back to 1964, there would be two problems. First, there was a coin shortage for several years back then, so you wouldn't have found as much as you might think. Secondly, you probably didn't have quite as much money 52 years ago as you do now. So how much could you have spent- even if you bought back then at face value?
beauanderos wrote:pennypicker wrote:beauanderos wrote:Man... I would love to have a time machine and go back to 1964. But I'll bet that even then you couldn't get full wt rolls of Standing Liberties without
paying a fortune. Now you'd likely pay in excess of $1200 for one (XF 40 examples go for $31).
What most people aren't aware of is that vintage baseball cards have far exceeded the gains of coins. The value today of an unopened 1964 5 cent pack of of baseball cards is $1000 ($1500 if mint). So in Rays' example that initial $10 purchase in 1964 of standing liberty quarters is now worth $1200 whereas if you used that $10 instead to buy 200 nickel packs of 1964 baseball cards and kept the packs unopened they would now be worth $200,000 ($300,000 if kept in mint condition).
Most people think the baseball card hobby is dead but this is far from the case. High-end "investment grade" psa graded pre-1980 single cards and unopened packs are continuing to rise every year setting new all-time price records at the major auction houses. Just this past July 18th on ebay a PSA 9 Pete Rose rookie card sold for $150,001--and this is a guy that has been banned from Major League Baseball!
Who buys this stuff? Old guys with lots of money? (the same ones haunting the coin shows?)... when they are gone who is going to buy the goods? Not denigrating anyone's hobby in the least, but it
doesn't always mean it will pan out as an investment. I have a fairly top-notch stamp collection that I couldn't recoup anywhere near what I have in it.
The stamp collection, btw... is what I put any spare cash into when I should have been stacking the silver back in 1964. Stamps were plentiful and inexpensive. When the collection finally did get too large, I switched to coins... but that wasn't until around 1980. Bad timing.
beauanderos wrote:and I guess some of them would brag to their highroller friends (sorry, Adam) about how much they paid for it!
mtldealer wrote:full weight Kennedy halfs... everything else is underweight and I try to get rid of it
silverflake wrote:So yesterday I took my roll 40 of no-date Standing Liberty Quarters which falls about half an inch shy of the top of the coin tube, and a roll of BU 64 Washington Quarters which come right up to the very top of the tube and I weighed both. Keeping in mind my scale is not the greatest (think I bought it 8 years ago for 9.95) the Washingtons weighed 251 grams (supposed to weigh 250g so theres the degree of error). The SLQ's weighed 238.4g. That's a about a 5% difference. As far as silver, by my calcs, the Washingtons have the full 7.2 toz of silver. The SLQ's, 6.84 toz (forgive me if numbers aren't perfect but hopefully you get the drift).
Just observations from my home front. Apply these to whats happening out there in the market.
Regardless, keep stacking.
rainsonme wrote:I am the opposite of all you good people, which figures, I lack any sense (no puns, please).
At junk silver prices, only with strong dates and no damage other than wear:
1. Barber Halfs
2. Barber quarters
3. Barber dimes
4. Commenorative Halfs if they are EF or better
5. Standing Liberty Quarters
6. Old Walking Liberty Halfs prior to 1930
7. Old Merc's prior to 1930
8. In desperation, old washington qtr's prior to 1940 or Canadian halfs prior to 1950.
A long time ago, when I first went into a coin shop to actually BUY silver, I asked the old owner at Beaverton Coin, Bob, what I should buy. He said "buy what you like". And I have been ever since.
When I die, and my kids pack up all those boxes and dump them at the local bank coin machine, I will make a lot of you happy. Unfortunately, I wont be around to read all the "whooping" on the tracking thread.
(bought an 1894 dime at junk price last week --- I think that was an OK deal; and a 1917 half with S on the front week before that)
beauanderos wrote:You want to see something really upsetting. Stack fifty Barber dimes next to fifty Mercs next to fifty Rosies.
Hutch88 wrote:1. Franklins
2. Mercury Dimes
3. Kennedys
4.Everything else
I just started stacking and have quickly fell in love with Franklins. I don't know why I love those coins so much but I just think they are so cool.
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