Written by the Treasureguide for the exclusive use of the Treasure Beaches Report.
A trove of gold and silver coins that experts believe were swindled out of an ailing population by an 18th-century conman has been discovered in central Poland, officials said. Volunteer metal detectorists found the treasure hidden undergro8und in multiple locations while exploring the Jeleniowskie mountain range with permission from the local government and the fact that it exists seems to validate the centuries-old legend...
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Here are a variety US silver coin melt values as determined on May 15, 2024.
Back in 2013, I posted a very similar list of coin values. Below is that table.
And hte link for that post. The Treasure Beaches Report Direct From Florida's Treasure Coast.: 3/15/13 Report - Bullion and Silver Coins
Check it out. In 2024 silver war nickels had a melt value of $1.6355. In 2013, they had a melt value of $1.69. Almost the same!
Check out the others. For example 1965 - 1970 half dollars were worth $4.2992 in 2024 and 4.44 in 2013.
The values were so very similar that I thought I must have done something wrong. I thought maybe my 2013 values were 2024 values. I didn't pick out those dates. I just noticed the 2013 post and then went to check current prices. It was just coincidence that I picked dates when the prices were almost the same even though they were from eleven years apart.
But to verify, I checked the silver spot price charts. Below are the charts for thirty years, and you can see that although prices changed dramatically over the years, they were very similar in 2013 and 2014.
There were times when the price change was much bigger and there were periods when the net price change would have been either large and positive or large and negative. For example, buying in 2016 and selling in 2024 could have produced nice gains but buying in early 2011 and selling in 2024 would result in a loss.
If 2013 and 2014 dollars are taken as equal, there is very little change, but $1 in 2013 is equivalent in purchasing power to about $1.34 today, so even though the same amount of silver might be worth about the same number of dollars, the dollar is worth a lot less today, so you would have a significant decrease in the value of your investment if that is taken into account. Our dollars are worth less today - nearly 25%.
If you bought and sold at the right times you could have done very well, but that isn't easy. People tend to buy high, when the commodity seems like a great investment and sell low, when it seems like a poor investment. Of course, that is the opposite of buying low and selling high.
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| Surf Chart From the SurfGuru.com. |
As you can see, it looks like we could get some higher surf mid next week.
Good hunting,
Treasureguide@comcast.net