Author Topic: "old" American coins. (Read 424 times)

Nilsen · « **on:** November 26, 2004, 07:14:16 AM »

Does anyone have a clue or collect older coins?

Among some other stuff, my grannie left me 17 one dollar coins. I think they are silver and they are all from 1889.

Are they worth anything or is the market full of them?

ra · « **Reply #1 on:** November 26, 2004, 07:25:45 AM »

I just did a google, yes they are worth good money. Especially if they have a "CC" under the eagle's tail. Sell them and get drunk.

Saintaw · « **Reply #2 on:** November 26, 2004, 07:37:33 AM »

Quote

Originally posted by ra
Sell them and get drunk.

... but DON'T crash the boat this time!

Nilsen · « **Reply #3 on:** November 26, 2004, 07:41:09 AM »

no CC so im guessing they may not be silver.

Nilsen · « **Reply #4 on:** November 26, 2004, 07:41:50 AM »

Quote

Originally posted by Saintaw
... but DON'T crash the boat this time!

Heiliger · « **Reply #5 on:** November 26, 2004, 08:06:14 AM »

I have a sackful of those. I believe you need to look them up on a coin by coin basis. Most probably aren't worth as much as you'd probably like, but others may surprise you.

Here is a site that may help give you a general idea:
http://www.ecoinprices.com/

I used to have a better one, but I can't find it now.

Anyway good luck!

*****

From the link I posted:

Quote

Most Morgan and Peace Silver Dollars are very common, and were produced by the millions. Currently, common date Morgan and Peace dollars retail for between $6 and $30+ each, depending on the condition, year, and mint mark. The mintmark is a small letter below the wreath's bow on the reverse of the Morgan dollar and beside the eagle on the Peace dollar. Among the letters mintmarks you will find on Morgan dollars will be a CC for Carson City, O for New Orleans, S for San Francisco, and D for Denver. All Philadelphia issues do not carry a mintmark. Peace dollars were only produced in Philadelphia, Denver, and San Francisco.
Be on the lookout for the 1889-CC, 1893-S, 1894, and 1895. These four dates carry a nice premiums in all grades if you have one.

I wish I could help more, it's been a while since I read about them. I want to say the silver content was pretty high, 90% maybe, with 10% or so being copper,

Nilsen · « **Reply #6 on:** November 26, 2004, 08:40:00 AM »

Thx Heiliger

The one I have infront of me is a Philadelphia mint silver dollar cause it does not have a mint mark

http://www.bestcoin.com/morgan-dollars.htm

Ill have to take a look at the others later. I dont really care about their value but its nice to know because we are deciding on who gets what and we wanna make sure we split it fairly.

-edit- that link was nice... lots of historical facts there

Heiliger · « **Reply #7 on:** November 26, 2004, 08:42:35 AM »

You're welcome sir!

Sorry I couldn't be of more help to you. Maybe someone else will jump in.

Nilsen · « **Reply #8 on:** November 26, 2004, 08:45:56 AM »

Found out that they sell them from 17 to 895 $ depending on......stuff

JB73 · « **Reply #9 on:** November 26, 2004, 08:49:14 AM »

coin collecting can be fun, but dont expect money in it....

the biggest reason is there is never jumps in prices of coins, so the long term return is nothing, buy a coin for $10 and in 10 years it will probably be woth $10-11 dollars.

selling your collection is another problem. dealers that sell coins 99% of the time only buy wholesale, then turn around and sell retail. so you wont get full value from them for your coins.

it has to be one of eht oddest / non-money making collections out there LOL.

Heiliger · « **Reply #10 on:** November 26, 2004, 08:49:59 AM »

Yeah it can vary a lot depending on the condition, where it was minted, the number made, flaws....

LOL@ JB's avatar. Dude, I was going to call my wife to see if she wanted me to bring her something to eat on my way home from work. You just saved me a phone call and cost me my appetite.

zmeg · « **Reply #11 on:** November 26, 2004, 10:43:36 AM »

The mint still has 1889 silver dollors that have never been circulated, there are so many of them their not worth but about $15 to $20. They are silver though.

BlueJ1 · « **Reply #12 on:** November 26, 2004, 11:11:54 AM »

My Step dad is a major coin collector. If he sold all his coins right now he could probally buy a purty car of three. I collect WWII coins. Mostly nazi. I have a 5 mark 1847 to 1934 coin thats worth a good 50 bucks now. Its got Paul von hindenburg on the front. Says Deutrches Reich 1937 on back under a eagles holding a swatztica.