Four Dollars, fifty cents face value. $4.50 USD. US Constitutional Silver Money is still floating around, at the Local Coin Shop. At a price of $96 and four Dollars Change, the deal was closed.
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Coin Dealers referred to these, as Junk Silver, because there was not much profit, in it. But that has changed. Premiums are rising, as the availability, is drying up.
The most recent of these 90% Silver Coins, 1963, is going on sixty years old. A few are over a century old.
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This is not intended to be financial advice. This is all about a fun hobby, of collecting & stacking, Silver Coins and such.
Thanks again for checking it out, on #silvergoldstackers, where Stackers show & share their treasures, thoughts, & ideas.
Sweet!
Stach on, @cve3 !!!
Thanks again for checking out the Local Coin Shop finds, SILVER SAVER - @silversaver888.
I enjoy coming, @cve3 !
I find it remarkable that Columbus halves are so widely circulated.
Thanks again, Kerris L Ravenhill - @kerrislravenhill. There was an economic depression, from 1893 to 1897, that may have affected, a lot, at the time. A desperate time forced a hungry society to spend the valuable, half-dollar into circulation. Some are really worn.
Some 5,000,000 half dollars were struck, far beyond the actual demand, and half of them were melted. The appropriation did not cure the fair's financial woes, as fewer than 400,000 were sold at the premium price, and some 2,000,000 were released into circulation, where they remained as late as the 1950s. The pieces can be purchased in circulated condition for less than $20; coins in near-pristine state sell for about $1,000, far less than the $10,000 the makers of the Remington Typewriter paid as a publicity stunt in 1892 for the first specimen struck.@kerrislravenhill
!LOL
Thanks for sharing the history, @stokjockey. Yes, these 19th Century beauties, are turning up, in the junk box, at the Local Coin Shop, lately. An occasional AU, turns up, every once in a while, for the same price, as an average, circulated, Silver JFK, Silver Kennedy Half-Dollar.
Neither of my three local coin stores carried any Columbus halves during my vacation last summer and so i resorted to that silly little stuffbay auction site to get one.
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(1/2)@kerrislravenhill, I sent you an on behalf of @stokjockey
Us Constitutional Silver is great. Stacking up on these coins are worthwhile !
Thanks again for looking & commenting, @olympicdragon. The premiums, on US Constitutional Silver, are higher than ever.
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I was at a local precious metals dealer yesterday inquiring about these types of coins (well the Canadian counter parts) but unfortunately they only had a 100 oz bag they did not want to brake for only 5% over spot but that's not quite in the budget, but I think I will go for these in the near future
Thanks for looking & commenting, Blockman - @bitcoinman. 5% premium sounds like a fair deal, in today's, high premium market. The Local Coin Shop, I go to, beats all online prices, and charges about, 12.5% over spot, on US constitutional, 90%. But sells smaller deals, at same price.
Finding these with the junk silver? Good deal 🪙 😃
I gotta find a local shop!
I do most my shopping online.
Thanks for checking it out, Clips Of The Day - @clipoftheday. Yes, online can be good and convenient. But, at a Local Coin Shop, one can see, touch & buy, an item, and be in & out the door, in a few minutes. A local, Coin & Bullion Show, where Dealers are competing, with each other, is even better. And Coin Shows, with many different Dealers, are usually free admission. Whereas, a Gun Show or Gem Show may charge up to $15 admission. But, still may be worth the price, of admission.
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