How to find silver 50 cent coins

Author: Virginia Floyd
Date Of Creation: 7 August 2021
Update Date: 1 July 2024
Anonim
These 50 Cent Coins are Worth A LOT more than a Half Dollar!
Video: These 50 Cent Coins are Worth A LOT more than a Half Dollar!

Content

Many coin collectors know that silver coins are best found among 50 cents. Unfortunately, in recent years, due to the rise in silver prices and the increased popularity of numismatics, many coins have already been found by collectors. Let's discuss a few techniques that will increase your chances of success.

Steps

  1. 1 Look for cans that have hand-minted 50 cents rather than factory-minted federal stock coins.
  2. 2 Look in small towns, not metropolitan areas.
  3. 3 Call the bank to find out if there are half-dollar coins, what type (manual or automatic minting) and, maybe, origin (who turned them in, whether they were deposited at the same time). If the bank says that someone recently returned $ 500 in 50-cent coins, you can be sure that they have already been searched.
  4. 4 When you receive the tubes of coins, ask them to give you the ones that are the oldest. For example, coins from the bottom of the stack, and so on.
  5. 5 Make a weekend schedule and itinerary that will cover as many banks as possible. If you are a student, going home for the holidays is just a gold (or silver) vein, as you pass many small towns along the way.
  6. 6 Avoid driving on major highways when driving. This will cover the maximum number of banks.
  7. 7 If your friends are in the trade, ask them to set aside 50 cents for you.
  8. 8 Establish good relationships with local bank tellers.

Warnings

  • Be careful when you receive many tubes of coins as they are quite large. It's no secret that there are a lot of coins in a tube, and this fact can become significant if there are a lot of tubes.
  • There are two types of 50 cents: 90% were issued before 1964, 40% were minted in 1965-1970.
  • Take care of your own safety if you have a large amount of coins or banknotes with you.

What do you need

  • The initial amount of money. Some banks will have over $ 1,000 in 50 cents.
  • Patience, patience and patience again.
  • Car or bike