Silver Dimes, A Tale of Discovery
This is an interesting story of luck and chance, with the moral of always checking the dates on your coins.
The first time we took my oldest son to the States, when he was two, his grandparents took him for several walks and taught him to look for pennies people might have accidentally dropped at a fountain along the way. Since that time, he is always scouring the ground for dropped change, both in Japan and the US. He's built up quite a collection in the years since—two large piggy banks full.
The other day I told him he should sort his coins into American and Japanese and into each type if he has enough of them, then we can wrap it up and take it to the bank. He agreed. Actually Japanese banks don't use paper rolls as far as I have ever seen—their new coins always seem to be shrink wrapped. But I have some hard plastic tubes that I picked up at the ¥100 shop long ago, so I figured he could have fun sorting with those.
That was some nice quiet time, let me tell you. Fathers, take note: it can buy you at least an hour of peace.
When he finished, he had more of each coin than I thought. For the US coins, I told him to look at the dimes and quarters for pre-1965 dates. I didn't really think he would find any, but I figured that would buy me some more quiet time.
Much to my surprise, about a half-hour later he comes to me with these:
Would you look at that... he found two silver dimes.
For any of my readers who aren't familiar, before 1965 US dimes, quarters, and half-dollars were 90% silver. Since the design on the coins remained the same when they removed the silver, many silver coins remain in circulation. There is of course a small group that looks for them, but most people don't know or don't care.
Who knows where my son picked these up. Somewhere on the ground on one of the times he was in the US, or maybe they were in some random change his grandparents or someone gave him.
I told him both of these dimes are worth a buck or two each. (Looking it up as I write this post, current melt value would be right at $1.62.) He was amazed by that idea. He immediately asked if we can sell them anywhere. I told him maybe the local coin shop would buy them, but if we save them, the value might go up even more. As I write this he is still trying to decide which is the better option: selling or saving.
He also immediately started asking me what other dates to look for. Unfortunately I told him it'd be very rare to find a silver ¥100 still in circulation, but you never know, so I told him what to look for on that. So now he is being more careful with his coins, making sure to examine them all in detail.
Anyway, the moral of this story is if you are in the US or have some US charge, always check the dates on your coins. Silver coins still in circulation are more common than you might think.
❦
David LaSpina is an American photographer and translator lost in Japan, trying to capture the beauty of this country one photo at a time and searching for the perfect haiku. He blogs here and at laspina.org. Write him on Twitter or Mastodon. |
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That is pretty cool. I have to be honest, I don't pay as much attention as I should. My wife and I have a change just and we just dump everything in there. I'll have to be more diligent when we go to turn it in.
Just a thought: why not two jars, one for "dates checked" and one for "unchecked" just so you can sort gradually and not be confused.
Yeah, that is always a possiblity!
Great find.
Wow, most of the silver dimes were added to hoards decades ago.
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Given how often I see people finding silver coins in their change in the silver subreddit, I don't think nearly all of them have been hoarded yet.
Stack on, @dbooster!
Will do!
Hehehe! Me too!!!
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That’s a great score for just finding them. Here it’s extremely rare to even get them in change.
Is it really so rare there? On the silver subreddit, it seems like I read at least one post everyday about people finding silver coins in their change from the store.
That’s total bullshit. They are putting them in there. I stopped doing coin roll searching years ago because I wasn’t finding any in two full boxes.
If that's true, I wouldn't be surprised. Lying to get upvotes—the Reddit way.
When I was a kid I was going through tons of change everyday. In addition to the route, I was in charge of a few machines, so I'd empty them out every day. Looking back, I really wish I had going through that change looking at the dates. I had no idea.
No doubt upvote grabs. In my 7 years on the platform I think I’ve posted 3 finds in change total. Funny that they were all quarters.
My grandfather had full coffee cans of them. When my grandparents passed my stupid ass uncle brought them to the bank. When my mom told me I lost my mind. It was done way before I asked about it so I told he congratulations your brother just cost you about 25K in silver. And that was with her only getting half. He had at least 50K in silver 90% coins easily. The bottom of the hunt in the dining room was filled 100% with coffee cans of 90% silver. Had to be 70-80 cans full. Easily 50K worth back in 2015.
No one believes me, but I have good reasons to believe that each one of those 90% Silver Dimes will end up with the Spending Power of 2,000 of today's Fiat USD's... Not tomorrow's Fiat USD's, but today's Fiat USD's...
What a cool way to teach the value of things, and the power of decision making! 💜
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Sounds like you got him hooked on silverstacking already !
Or coin collecting, or both. We'll see where it leads.
Awesome find, I have spent an 18 month period checking coin operated vending machines and Coinstar sorting machines finding only ONE silver 10 cents, a fistful of foreign coins, and a little over a $100 in loose change.
I always look at all my change carefully, I've found some expensive coins over the years. I also tend to pick up change on the ground, better in my pocket that someone else's! That is really cool that he found two silver dimes, I've not found any of those in my change for years...
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That's awesome! I hope he has lots of fun! 😁
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Two silver coins found, that's great! During the financial scare of 2008, many people emptied their change collections and cashed them in at the banks, which the bank then distributed to retailers for change. There was a time where most change was pre-1970's and it was much more likely to find silver in change.
My aunt found an entire roll of 1964 quarters in her cash drawer and little by little she gave them all away as change not knowing any better! She found out later that it was treasure.
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