Easy Simple Stacking
In this post I want to share with you simple way of stacking coins. A method that I have been doing, that can at least help protect you against inflation.
Pennies
Regular pennies that are 1982 and older are 95% copper and 5% zinc. And in today’s market they have a melt value of a little over $0.02. These pennies are heavier than the newer pennies, 3.11 grams vs 2.5 grams and so can be separated out by using a scale which can be easier than looking for the year markings thru a magnifying glass.
Nickel
All nickel to date are made of 75% copper and 25% Nickel/ This makes their melt value at $0.0425, almost a Nickel. 1942-1945 nickel are silver nickel these are 35% silver, 56% copper and 9% manganese. These coins have a melt value of $0.95, you don’t want to mix these in with the others as they are hard to come by and may be worth even more to a collector.
Dimes, Quarters and Half dollars
All dimes, quarters and half dollar from 1964 and earlier were made with 90% silver and 10% copper. At $16.49/oz these are worth $1.19, 2.98 and 5.96 melt value respectively or 11.92 per face value. Some people call these junk silver coins. They hold no numismatic value in that they hold no real collector value and are basically interchangeable or fungible.
Depleted Half dollars
Half dollar coins minted between 1965-1970 are 40% silver instead of 90%/ So these coins were likely produced because the mint felt guilty replacing valuable coins to worthless ones and saved face for 5 years before they made them worthless too. These coins are 40% silver and 60% copper and are worth $2.44 melt value.
Dollars coins
These coins tend to have collector value added to them and so need more a more experienced collector and so these are outside of the scope of this post.
The pennies and nickel I segregate from my everyday pocket change. The dimes, quarters and half dollar you can sometime find them in old bank coin rolls. Some people try their luck at the banks, but from what I heart they are becoming rarer to find like this. For these you can go to your local jewelry store or pawn shop and compare their mark-up. They usually will look at what these coins are going for on the AMPEX website where they can sell or buy them for and mark it up a certain amount. They will give you a face value multiplier. So let’s do some math here; Two half dollar coins ($1) $5.96*2 $11.92/face. In this case the dealer would look at his sources and may ask $13-$17 per face due to his mark-up. And if you want to sell it back to him he may offer you $8-$11 per face value. These prices are usually regardless of the quantity of coins that you buy. The amount of coins that these shop will hold will vary as well. So a little shopping around can ensure access when you need to buy some and can save you a little money as well.
So I segregate the pennies with a scale, separate all of my nickels and when I have a little extra cash I go to the local shop and buy my junk silver dimes, quarters and half dollars. I roll them all up in bank issued coin sleeves place them inconspicuously in a plain box hidden in a corner somewhere.The dime, quarter and half dollar roll are well hidden by the larger amount of nickel and penny rolls Looks likes just a heavy box of cheap coins..
Have fun stacking! You could even get the whole family involved..
For more on the latest melt values of these, and many other coins go to https://www.coinflation.com. The site updates values in real time however it only covers coins up to the year 2014.
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