sorrynopic4me
Saint Peters, MO
52, joined Feb. 2014
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I have a small amount of silver coins and currency (Silver Certificates), MAYBE about $20.00 face value worth, not much. I obviously didn't get too involved in this, so I'm ready to let go of these items. However, I recently read that even though they're worth little more than face value now, they may be worth hanging on to for the next generation. Should I keep them for my kids or not? Can anyone help give me advice? Thanks!!!
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gurrrr529
Purcell, OK
42, joined Feb. 2014
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Depending on what you actually have depends on how much it's worth. I'd research each coin or bill individually on its market value. Silver coins produced from 1964 and older have I think around 90% silver in them. Today's silver prices are about 20 bucks an once. Your not going to get rich, neither are your kids. Unless you have something that is really rare.
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sorrynopic4me
Saint Peters, MO
52, joined Feb. 2014
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I didn't think I'd get rich by any means. I just got the impression that even if the value of a dollar bill, for example, dipped below a dollar, a silver certificate dollar would still be worth a dollar - if that makes sense...
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letmenot2the
Fairfield, IL
69, joined May. 2014
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http://answers.ask.com/business/finance/what_is_a_silver_certificate_worth
The value of a Silver Certificate would depend on several factors, such as the year, denomination, and current condition of the bill. In any case, most circulated Silver Certificates are only worth a small amount over their face value, with uncirculated bills being worth approximately two to four times the face value.
I think silver is just under $20.00 an ounce, haven't checked lately. A few years ago I bought a few coins and paid approximately 10 times the face value. Unfortunately I can't buy it for that now.
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