Haha! State coins are important!

[Awoke]

So I hit up a local coffee shop on my break, and I'm in line. A "regular" walks by, and the coffee girl beckoned him over and hands him a coin. He looks at it and says "I'll take it" and gives her a coin in return.

Being socially outgoing, I asked "Pre-64?", assuming he had an arrangement for coins with silver content. He had no idea what I was talking about.

So I asked "What's with the coin?"

He proceeded to explain that the United States minted some collectable coins for each state or something like that, and the doughnut girl was keeping her eye out for them, to give to him.

I said I figured he was after the real silver. He says "But silver isn't worth anything".

I laughed and told him that silver went from $9 to $31 in the last 2 years (Which is not entirely accurate, but close enough).

"Oh" he said, and walked away. I said that it isn't too late to get into silver as he was leaving.

I don't know. Just thought I'd share that conversation with you.

[DMac]

ROFL

State quarters as collectible, hahahahahahaha

They only minted like 400 million of the "rare" versions and over a billion for others.

[mick silver]

some people can never see . they look and look and never see what around them . i stop trying to help people see . silver whats that . are he didnt want the girl to know he just made money off of her

[BabushkaLady]

Thanks for sharing the story.

Please tell me the guy was 20 y/o or so? I bet he buys those "collector" coins for the 911 memorial too. :baa

[TheNocturnalEgyptian]

I was at a fish restaurant, and the guys and gals who work there, all in their mid 20's, were talking about what they would do if they won the lottery. One guy says he would spend it all on cars. Another guy says he would buy a nightclub. A third guy says he would go to vegas and gamble until it ran out, giving him the best party of his life. A girl says she'd blow it all on clothes and gifts for her family.

As I finish my fish soup and get up to leave, I say, "I couldn't help but overhear. May I offer some friendly investment advice?The two best performing commodities in the last 5 years are Gold and Ammunition. Buy those and you'll never be broke."

They gave me the weirdest look, so I said "Be seeing you" and left.

[Silver Rocket Bitches!]

You could have explained to him that his holding onto said coin was allowing the Government to profit off seigniorage.

Ah well, there's just too much to explain to the indifferent, glossy-eyed sheep. Let them collect their state quarters as their nominal value withers. I'm sure he's already eagerly anticipating the AMERICA THE BEAUTIFUL quarters.

[TheNocturnalEgyptian]

Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"

[madfranks]

Reminds me of a conversation I had with an old timer at church on Christmas eve. I happened to strike up a conversation with an older gentleman who was at church alone, so we started talking, found out he was born in the 20's and I mentioned how that must have been a different world, how back then the coins in your pocket were gold and silver. He looked at me and asked if I collected coins, and I said yes, and I began discussing older gold and silver coins with him. He told me he was also a coin collector, and that he had a big box full of gold coins at home. I asked him what kind and he said the new presidential "gold" coins. He began telling me how exciting it is to get rolls of gold coins at the bank. Poor guy thought they were real gold. I couldn't help it, I told him they were not really gold, just gold looking, and went on to educate him on how the government stole all the gold in '33, removed the silver from the coins in '65 leaving us with base metal coinage and "golden" colored dollars. Funny how someone that old who lived through it all could still be confused on real gold coins versus the fake ones.

[Cobalt]

I was at a fish restaurant, and the guys and gals who work there, all in their mid 20's, were talking about what they would do if they won the lottery. One guy says he would spend it all on cars. Another guy says he would buy a nightclub. A third guy says he would go to vegas and gamble until it ran out, giving him the best party of his life. A girl says she'd blow it all on clothes and gifts for her family.

As I finish my fish soup and get up to leave, I say, "I couldn't help but overhear. May I offer some friendly investment advice?The two best performing commodities in the last 5 years are Gold and Ammunition. Buy those and you'll never be broke."

They gave me the weirdest look, so I said "Be seeing you" and left.


You most likely lost them at the word "investment" and if not then you surely lost them with "commodities"

[Libertytree]

When the state quarters first came out I bought rolls of them, 2 of each state, one from each of the mints. I sat on them for quite awhile and watched the market on'em. I never collected them, I bought them purely on speculation that people would. I sold them when the price was right and turned it all into silver. ;D Some of the rolls went for as much as $40 and never less than $20.

[SLV^GLD]

To OP:

I would have pointed out that the state quarters were also minted in silver proofs and that if he were really bent on collecting state quarters that he'd do well to keep his eyes open for those particular ones as they not only were more rare but had the metal content to go along with it.

I know it's the only reason I buy the stupid state quarters... the silver that is.

[DMac]

When the state quarters first came out I bought rolls of them, 2 of each state, one from each of the mints. I sat on them for quite awhile and watched the market on'em. I never collected them, I bought them purely on speculation that people would. I sold them when the price was right and turned it all into silver. ;D Some of the rolls went for as much as $40 and never less than $20.


I've sold rolls of the 2010 Lincoln Cent for up to $4.50. Goes to show a sucker is born every minute.

[Low Pan]

So I hit up a local coffee shop on my break, and I'm in line. A "regular" walks by, and the coffee girl beckoned him over and hands him a coin. He looks at it and says "I'll take it" and gives her a coin in return.

Being socially outgoing, I asked "Pre-64?", assuming he had an arrangement for coins with silver content. He had no idea what I was talking about.

So I asked "What's with the coin?"

He proceeded to explain that the United States minted some collectable coins for each state or something like that, and the doughnut girl was keeping her eye out for them, to give to him.

I said I figured he was after the real silver. He says "But silver isn't worth anything".

I laughed and told him that silver went from $9 to $31 in the last 2 years (Which is not entirely accurate, but close enough).

"Oh" he said, and walked away. I said that it isn't too late to get into silver as he was leaving.

I don't know. Just thought I'd share that conversation with you.


Hahaha, I say good! That's one less person out there looking for "my" 1964 and earlier silver! LOL ;D

[Libertytree]

My very best days at work are when someone comes in and buys a bottle and a pack of smokes with that old shiny money. It absolutely has no significance to them, they would have bought a Mc cheeseburger with it.

[ximmy]

He says "But silver isn't worth anything".


Think about it... this shows that the average commoner remains completely clueless about metals... the way TPTB would have them be... makes me think silver is still in stage I...

When the commoner says "silver is a good investment," as everybody did in the real estate boom, then we will see something astounding in silver prices...
ximy

[mamboni]

So I hit up a local coffee shop on my break, and I'm in line. A "regular" walks by, and the coffee girl beckoned him over and hands him a coin. He looks at it and says "I'll take it" and gives her a coin in return.

Being socially outgoing, I asked "Pre-64?", assuming he had an arrangement for coins with silver content. He had no idea what I was talking about.

So I asked "What's with the coin?"

He proceeded to explain that the United States minted some collectable coins for each state or something like that, and the doughnut girl was keeping her eye out for them, to give to him.

I said I figured he was after the real silver. He says "But silver isn't worth anything".

I laughed and told him that silver went from $9 to $31 in the last 2 years (Which is not entirely accurate, but close enough).

"Oh" he said, and walked away. I said that it isn't too late to get into silver as he was leaving.

I don't know. Just thought I'd share that conversation with you.


Anecdotes such as this, which jibe perfectly with my own experiences, show how the vast majority still do not understand silver and gold as money. And yet, look at the amazing PM bull to date since 2001. Obviously, it is being driven by a combination of big money and smart money. When the population at large catches gold and silver fever, prices are going to explode to unimaginable levels.

[osoab]

I pissed my buddies MIL (slightly) one day. She was talking about saving the state quarters for his son.
I told her that there really is nothing special about them and that she should be buying small amounts of silver for him instead (this was when Ag was around $17). She didn't look to pleased with my comment.
I followed it up that I still have bi-centennial coins from my grandmother and even though there is no silver content in them, I will always keep those just because they came from my grandmother.

Then we proceeded to drink vast quantities of beer. ;D

[madfranks]

He says "But silver isn't worth anything".


Think about it... this shows that the average commoner remains completely clueless about metals... the way TPTB would have them be... makes me think silver is still in stage I...

When the commoner says "silver is a good investment," as everybody did in the real estate boom, then we will see something astounding in silver prices...
ximy


That reminds me of an even funnier story from a few years ago. Showing a silver quarter to a friend's roommate, he asked why did they make coins out of silver, did they not know that silver was valuable back then?

[midnight rambler]

Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"


That's the most amazing thing, how kids get it. You don't even have to explain it to them, just show them a Johnson wafer quarter and a 90% silver quarter and ask which one of the two they want. It will always be the 90% quarter.

[sirgonzo420]

Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"


That's the most amazing thing, how kids get it. You don't even have to explain it to them, just show them a Johnson wafer quarter and a 90% silver quarter and ask which one of the two they want. It will always be the 90% quarter.


Thousands and thousands of years of men and women using gold and silver as money does not immediately fade from our ancestral memory...

Children still have certain instincts from birth. Babies know to hold their breath under water. And they know that shiny gold and silver is preferable to bits of dull paper.

But apparently modern mass media/the state/the bank/et al controlled by you-know-who is remarkably effective at making people forget all about money in favor of worthless sh*t.

[Ponce]

Many have been educated in a certain way and if you don't think as they do you are then a nut job, a terrorist or a anti Semite...............and then you are in trouble.......my way or the highway.

[Libertytree]

Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"


That's the most amazing thing, how kids get it. You don't even have to explain it to them, just show them a Johnson wafer quarter and a 90% silver quarter and ask which one of the two they want. It will always be the 90% quarter.


Thousands and thousands of years of men and women using gold and silver as money does not immediately fade from our ancestral memory...

Children still have certain instincts from birth. Babies know to hold their breath under water. And they know that shiny gold and silver is preferable to bits of dull paper.

But apparently modern mass media/the state/the bank/et al controlled by you-know-who is remarkably effective at making people forget all about money in favor of worthless sh*t.




I understand that people have been controlled by the mass media, state, banks etc etc but WTF? How is it so plainly obvious to folks like us and the vast majority don't have a clue nor any inclination of critical thinking on important matters? It can't be a purely educational bias as I've met folks "like us" from all walks of life, rich, poor and in between and to us it's just plain ol' common sense. The "sheeple" have lost their common sense and will pay for it by being shorn and culled from the flock. I feel bad for them and will continue to try and get through to some but I must admit that I have a dis-connect with their overall plight. They have brains too and I figure if I can see and understand it then surely they should be able to as well and I'm sure as hell no rocket scientist!

[sirgonzo420]

Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"


That's the most amazing thing, how kids get it. You don't even have to explain it to them, just show them a Johnson wafer quarter and a 90% silver quarter and ask which one of the two they want. It will always be the 90% quarter.


Thousands and thousands of years of men and women using gold and silver as money does not immediately fade from our ancestral memory...

Children still have certain instincts from birth. Babies know to hold their breath under water. And they know that shiny gold and silver is preferable to bits of dull paper.

But apparently modern mass media/the state/the bank/et al controlled by you-know-who is remarkably effective at making people forget all about money in favor of worthless sh*t.




I understand that people have been controlled by the mass media, state, banks etc etc but WTF? How is it so plainly obvious to folks like us and the vast majority don't have a clue nor any inclination of critical thinking on important matters? It can't be a purely educational bias as I've met folks "like us" from all walks of life, rich, poor and in between and to us it's just plain ol' common sense. The "sheeple" have lost their common sense and will pay for it by being shorn and culled from the flock. I feel bad for them and will continue to try and get through to some but I must admit that I have a dis-connect with their overall plight. They have brains too and I figure if I can see and understand it then surely they should be able to as well and I'm sure as hell no rocket scientist!



A few generations of fluoride and mass media go a long way apparently (I'm as shocked as you are).

[Awoke]

Thanks for sharing the story.

Please tell me the guy was 20 y/o or so? I bet he buys those "collector" coins for the 911 memorial too. :baa


No, I would say he was about 50 years old.



he didnt want the girl to know he just made money off of her


No, she was a "coin collector" too. She told me after he left as she got my coffee.





Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"


That's the most amazing thing, how kids get it. You don't even have to explain it to them, just show them a Johnson wafer quarter and a 90% silver quarter and ask which one of the two they want. It will always be the 90% quarter.



Actually, I bought my kids silver rounds for each "A" the got on their report card, and they wanted to trade me 1970's silver art bars, so we swapped.

[midnight rambler]

Kids are a little easier to influence, however. My girlfriend has a niece and a nephew - everytime they see me they say, "<TNE>, we want real money! "


Whenever I give them a silver coin they literally jump up and down for hours, holding the coin, singing "Real money, real money, real money, real money!"


That's the most amazing thing, how kids get it. You don't even have to explain it to them, just show them a Johnson wafer quarter and a 90% silver quarter and ask which one of the two they want. It will always be the 90% quarter.


Thousands and thousands of years of men and women using gold and silver as money does not immediately fade from our ancestral memory...

Children still have certain instincts from birth. Babies know to hold their breath under water. And they know that shiny gold and silver is preferable to bits of dull paper.

But apparently modern mass media/the state/the bank/et al controlled by you-know-who is remarkably effective at making people forget all about money in favor of worthless sh*t.




I understand that people have been controlled by the mass media, state, banks etc etc but WTF? How is it so plainly obvious to folks like us and the vast majority don't have a clue nor any inclination of critical thinking on important matters? It can't be a purely educational bias as I've met folks "like us" from all walks of life, rich, poor and in between and to us it's just plain ol' common sense. The "sheeple" have lost their common sense and will pay for it by being shorn and culled from the flock. I feel bad for them and will continue to try and get through to some but I must admit that I have a dis-connect with their overall plight. They have brains too and I figure if I can see and understand it then surely they should be able to as well and I'm sure as hell no rocket scientist!


"It is not a matter of what is true that counts, but a matter of what is perceived to be true."
— Henry Kissinger

There it is, straight from the horse's ass.