Tuesday, September 11, 2018

9/11/18 Report - Florence and Other Storms. Tools For Identifying Coins. Historic Silver Prices.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Source: nhc.noaa.gov

The predictions haven't changed much.  Florence is still headed towards North/South Carolina, but maybe a little later than previously expected.  Evacuation orders are out for the Carolinas.

Pray for their safety.

Source: nhc.noaa.gov
Isaac is still headed into the Caribbean, and Helene into the North Atlantic.

Source: nhc.noaa.gov
Isaac is still headed into the Caribbean, and Helene into the North Atlantic.  The Isaac path is showing the slightest drift to the north.

Source: magicseaweed.com
The surf predictions have remained about the same too.  Wednesday Florence will be nearing the Carolina coast and sending some northeast/north winds waves our way, creating a bigger surf for a day or two.  After that the wind will turn and the surf will flatten out some.  After that the big question will be Gordon.

At this time is looks like Gordon will weaken and remain well to the south of us.

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Before all the storms popped up, I was inspecting old coin finds and telling how useful a magnet can be for identifying coins.  I told how you can use a magnet to find silver coins or steel pennies, for example.  I showed some Canadian silver coins that I recently found among my finds.  Well, I just found two more silver coins - both Kennedy halves.  That includes a 1967 and 1968 half.  They are both 40% silver and can be identified as silver by looking at the coin edges.

A good scale will show you that unless they've been damaged or something, the 80% silver Kennedy halves (1964) weight a few grams more than the 40% silver halves, which will weigh more than the later Kennedy halves that don't containing any silver.

A good scale can also  help you identify the composition of coins, so if you have a bunch of coin finds to scan, a magnet and a good scale can prove very useful.  Those tools are not only useful for identifying Kennedy halves and other modern coins, they can also help you identify colonial coins and fakes.

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Above is a chart showing historic silver prices in US dollars per ounce.

As you can see there were two big spikes.  One was in 1980.  I remember that one.  The other was in 2011.  If you were smart enough to sell at the top of either of those peaks, in a few months you could buy again at a much lower price.

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Yesterday was the anniversary of hurricane Irma on the Treasure Coast and today is the anniversary of 911.  How the world has changed!

Happy hunting,
TreasureGuide@comcast.net