Go Retro With Your Quarters and Dimes!
The Survival Mom
by Lisa Bedford: Instant
Survival Tip: Cash Is King!
A few weeks
ago I read a comment that asked, What if you came across a
bucket of old silver quarters that your grandma or grandpa had collected?
What would that mean to you and your family
right now? (paraphrased)
would mean my family
had several pounds of silver! Silver we could either sell or, at
some point in the future, use as currency. In other words, grandma
or grandpa would have blessed us with a real form of wealth.
to be that grandma. Granted, my kids are only 10 and 12, but someday,
a bucket of real silver coins could make all the difference in the
world to their lifestyle and future plans. Its so easy to
start collecting these 90% silver coins.
- Go to a
coin store and ask to see a pre-1965 quarter. Look at it carefully
and compare it with a newer quarter. Quarters and dimes minted
in 1964 and earlier contain 90% silver. Anything minted in 1965
and later do not.
- Keep track
of the current value of silver at
this website. Its updated frequently throughout the
you see a nice little dip, head to the coin store with a few dollars
- You will
pay the spot price of the silver, which is the value
as tracked by Kitco and other websites plus a premium.
The premium is the profit charged by the coin dealer. Not all
premiums are the same, so shop around to find the dealer who charges
the lowest premium.
- Check jars
(or buckets!) of coins you might have around the house. You might
get lucky and find some of these coins right under your roof!
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© 2012 The
Best of Lisa Bedford