Wednesday, January 25, 2012

1/25/12 Report - Silver Coins and Bars

Written by the TreasureGuide for the exclusive use of

One Typical Treasure Coast Beach This Morning.

I didn't expect much but took a quick look, and this is what I saw. Even worse than I expected.

I looked at a couple other spots, and the same thing. Poor!

Notice the sea weed. That is almost always a sign of accretion. You can see the conves beach front too.

Conditions are currently poor on the Treasure Coast. You'd have to look long and hard to find a decent looking spot.

If you've found some nice old silver US coins over the years and they aren't in good condition, as is often the case for coins found on the beaches or in the water, you might be surprised at how much they are worth for the silver alone.

Here is a web site that gives you the silver melt value of the most common US silver coins in a form that is quick and easy to use.

Prices are adjusted daily for the change in silver spot prices.

Did you notice that there were nickels issued with silver content in the years 1942-1945. Not all nickels minted in those years contained silver though. But if you did find a silver war nickel, the site shows that it is worth $1.81 for the siver alone. That is worth 36 times the face value of a nickel.

It can be both fun and profitable to go through your coin finds when you come home. Look for any rare coins, error coins, or silver coins. I've found some zinc pennies that were error coins. I was glad I inspected them carefully.

On the subject of silver - I just ran across this article. It seems a Utah man remodeling his home dug up $46,000 dollars worth of silver bars in their yard that were buried in a tube. They called the previous owner of the home, who said he buried the silver but the finders could keep it.

Here is the link to the entire story.

The wind is out of the southeast and the seas are running about three feet. If the surf web sites are correct, the seas will increase to about five or six feet Monday. That is a little later than predicted earlier.

I haven't given the ID of the cob I presented a couple of days ago yet. I'll do that soon - probably tomorrow.

Happy hunting,