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Post by radio on Jul 26, 2017 16:18:32 GMT -5
A guy stopped by shop looking to sell a big bag of mixed silver coins and inside was a plastic case with a small packet of silver granules and a card reading "One dollars worth of Silver" and a price tag of $3.50 and a date of 1965. I was too busy to spend much time with him, but most of the coins I was not interested in as most were 50's to '65. I told him if he would sort out the Mercury dimes and other older coins that I would buy those if his price was agreeable and suggested he stop at one of the places that buys junk silver to see what they would offer.
I had never seen a packet of silver being sold in that manner, so it is a unique collectible I would enjoy having for my displays. An extensive Google search turned up nothing. Any of you seen such an item and have any input on it's value? The card had other writing on it, both print and in ink, but I was too busy to examine it closely, although I did express my interest in buying it if and when he returns
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Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Jul 26, 2017 18:14:05 GMT -5
If the silver is natural/native metal in nodule or wire formations, then you might check mineral sites to determine value. Mineral collectors will want to know the location where the specimen(s) were found, however. I have also seen "$1 worth" of silver shavings used in coin collections to illustrate silver's worth at some point in time. My dad had a collection with such a capsule among the coins and silver certificates: If it is silver shavings and weighs an ounce, then it will likely have its largest value if sold as an ounce of silver. Excepting native silver mineral specimens, I don't think silver shavings will fetch much more than the silver content value.
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Post by radio on Jul 26, 2017 18:33:18 GMT -5
If the silver is natural/native metal in nodule or wire formations, then you might check mineral sites to determine value. Mineral collectors will want to know the location where the specimen(s) were found, however. I have also seen "$1 worth" of silver shavings used in coin collections to illustrate silver's worth at some point in time. My dad had a collection with such a capsule among the coins and silver certificates: If it is silver shavings and weighs an ounce, then it will likely have its largest value if sold as an ounce of silver. Excepting native silver mineral specimens, I don't think silver shavings will fetch much more than the silver content value. I'm not exactly sure how much "One dollas worth of Silver" weighed in 1965, but i'm guessing it was somewhere around 1/4 ounce. I will have to inspect the card to see if it states whether is native silver, or merely scrap ground up into sand sized grains. It's a neat and unusual collectible no matter the source of the silver. Selling one dollars worth for $3.50 was a tidy profit back then
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Post by aDave on Jul 26, 2017 19:54:30 GMT -5
If the price is $3.50, and it's something out of the norm, is it not worth taking a flyer on? If that's the price, I'd jump on it just for shits and grins. Have I missed something here?
Dave
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Post by orrum on Jul 26, 2017 20:11:43 GMT -5
Sounds like casting silver. You buy it and it's bits n pieces. I bought some from a silver place in Q to use in a cssting.
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bushmanbilly
Cave Dweller
Member since October 2008
Posts: 4,719
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Post by bushmanbilly on Jul 27, 2017 1:40:32 GMT -5
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Post by radio on Jul 27, 2017 7:15:58 GMT -5
If the price is $3.50, and it's something out of the norm, is it not worth taking a flyer on? If that's the price, I'd jump on it just for shits and grins. Have I missed something here? Dave That was the marked selling price in 1965, not asking price now. I thought it was a hoot the card read "One dollar's worth of silver" and sticker marked "$3.50" I'll go up to $20 on it just for grins as I would love to keep it in my displays as an oddity. Thanks bushmanbilly. I just guestimated there was 1/4 ounce in the packet, but it could be more. sure didn't look to be nearly an ounce though orrum not like any casting grain I have seen. this is rough surfaced granules from a grain of sand sized and slightly larger. It's not smooth like it was molten. It's odd enough it grabbed my attention and brings out the curiosity about it's history. Hopefully I can purchase the thing and post some pics
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Post by orrum on Jul 27, 2017 10:29:22 GMT -5
Hey maybe it's not silver....alien untraditional powder for the interstellar drive!
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Post by radio on Jul 27, 2017 12:20:59 GMT -5
Hey maybe it's not silver....alien untraditional powder for the interstellar drive! Possibly, but I would rather have Marvin the Martian's Illudium Pu-36 Space modulator!
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Post by aDave on Jul 27, 2017 16:05:00 GMT -5
If the price is $3.50, and it's something out of the norm, is it not worth taking a flyer on? If that's the price, I'd jump on it just for shits and grins. Have I missed something here? Dave That was the marked selling price in 1965, not asking price now. I thought it was a hoot the card read "One dollar's worth of silver" and sticker marked "$3.50" I'll go up to $20 on it just for grins as I would love to keep it in my displays as an oddity. Turns out I did miss something...your post where you kind of explained it all. That's what I get for not reading the entire thread before replying. Thanks for the explanation. Dave
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