Why CRH will be producing silver, for years to come

Gilmore Happy · Aug 8, 2011

Hi Guys...I wanted to get your thoughts on this, especially some of the veterans.

Some say that the silver has been drying up over the years....But don't you think with baby boomers retiring/passing away, many collections are being thrown into the wild by relatives? If true, nice scores should be found for years to come.

Thoughts?

LeoTrench-MAINE · Aug 8, 2011

One of my friends is a teller, she says that once or twice a month people come in because a parent had passed and hand over these coins. (she keeps them -she is the only teller at that bank that does)

She got over $1200 last year (paid her oil bill for the season) Not sure where she sold them but I gave her one of my old Red Books to play with.

She also cherry picked 3 rolls of old pennys wrapped in the origional INDIAN wrappers and found a nice 1863. (The other tellers didn't want them because they were 'messy')

Looks good for the future!!! HH

Trench

K · Aug 8, 2011

I absolutely agree, even though this story isn't about going back into cric. well here you go...... before I knew about silver coinage, or coins for that matter. $:-\$ I got a 1951 Franklin in change one time, my mother took it up to my local pawnshop, about 5 months ago, only if I knew it was 90% silver. I got 6 bucks for it, oh god gosh :wink:

I cringe at that memory. Another story before I knew about coins was a set , I think mint is what you call it sorry I'm a noob. I think the year was between 72 -75 (sorry I don't remember), The one with every denomination of coin, and each coin is in its own little spot? Even though its not silver, my mom took it to the pawn shop (the same time and day) and got $12 for it, I looked it up later that day and it was selling on Ebay for $25 consistently. I think it had a red line on top. But even though it wasn't silver, if it was $25 dollars now (well 5 months ago) what would sell price be in the future. Ugghh oh well the past is the past. ::)