Coin and Paper Money Collecting/Who buys them

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Question
Joe, I broke into my piggy bank and found a few coins from 1940s thru 1970s; nothing rare yet. When I look online, some sites tell me a penny might be worth .15 in average condition, or a nickel worth .35, but I haven't heard of any collector really interested in those coins. I might sound too frugal, but I don't want to spend a nickel that's worth .25. Is it even worth the effort to collect these? Who buys these "not so rare" coins? I live in Houston and have absolutely no ideas. Thanks for your time.

Answer
Hi Ed,

Most of those types of coins are not collectible.  A book and list a coin for 30 cents but as you said "Who buys them?"  Personally, I spend them.

Look for silver coins dated before 1965 for Halves, Quarters and Dimes.  Also halves dated 65-70 are 40% silver.

Anything that looks unusual, usually is worth more than face value.

Regards
Joe Hylas
www.AllCoins.US

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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