PDA

View Full Version : Thanks Mom



chief
05-30-2011, 05:17 PM
I wanted to share this story with you guys. It is a little long so bear with me. Feel free to share your similar stories.

For the holiday weekend, I took my wife and son to visit my parents. They live in a small midwest farm town of about 7000 people. About a month ago when silver was nearing the $50 mark, my Mom calls and says she has a bunch of old coins and silver bars she's had. The silver bars were bought back in '82. The coins she had are the 'junk' silver she's been holding on to since the late '60's, early 70's. My Mom had worked at a local bank when she was in high school and she started keeping all the junk silver that passed through her hands. She wanted me to look at what I have since she knew I've been stacking for the past year. She tells me the bars are 1 oz silver Engelhards and she has 50 of them. Now for the junk silver.

Let's just say I was overwhelmed. She had kept her stash, and her mother's and grandmother's stash for years. So she brings out the 'box' and damn, she was pulling out coin purse after coin purse. Each purse was categorized into what type of coins and what decade. The first one's were dimes, not too many of those. The next were quarters, only a couple bags of those. Then she gets to the half dollars and Morgans/Peace Dollars. There were over 10 purses filled with these! More half dollars than anything. About $200 face of just the half dollars. It was a great site to see because I have never seen that much unless I was in a coin shop.

Then she starts telling me stories of when she worked at the bank and she would buy these for face value. Also, my grandparents and great grandparents taught her what to look for. She also talked about my Grandparents back in the 60's and 70's would start holding on to these and putting them in a tin Maxwell House coffee can and my Mom would always remember that can sitting on top of great-grandpa's dresser.

The best part came when we were going through this and she tells me to take what I want and hold on to it. I couldn't have been happier. I took about $8 face value mixed of quarters, dimes and halves and took 1 of each Peace/Morgan dollar. I know I could have taken more (I wanted it all) but she didn't have to give me anything. I couldn't of thanked her enough because the 'junk' silver is what I like to collect the most because of the history of it. Now, knowing that these coins have been in my family for 40 years, I will never sell it. Also, I had no idea that my Mom had this stuff when I was growing up but I'm glad she does.

Thanks Mom! You have given me more of a reason to keep stacking and I hope to educate my son on what a joy it is to collect coins.

argentos
05-30-2011, 07:55 PM
Wonderful! :yippee:

VTEEZER
05-30-2011, 10:18 PM
Great story. Thanks for sharing!

birddog
05-30-2011, 10:49 PM
How cool!!!

My mother-in-law just divided up some of her late husbands collection and we got some cool stuff. A shoe box with about @20 dollars of wheat and copper pennies, a few rolls of indian head nickels, a ton of proof sets, a stack of silver cert bills, and a CC BU mogan dollar....

Ronnie Mexico
05-31-2011, 04:38 AM
(...) and a CC BU mogan dollar....

Send this coin to NGC or PCGS on the double and see what little treasure you might've found!!

Professur
05-31-2011, 08:21 AM
The older we get, the smarter our parents turn out to be

<===Foolsgold
05-31-2011, 11:32 AM
What a cool mom, I want her to adopt me.

MSUCE99
05-31-2011, 11:52 PM
My parents gave their junk silver to me and my brother about a year ago. Not nearly the collection that your mom has, but it is what really started my collection and I will always treasure it. Congrats!

birddog
06-01-2011, 09:47 PM
Send this coin to NGC or PCGS on the double and see what little treasure you might've found!!

Even if it is sealed in the mint plastic with the box and numbered COA? It is one of those pre - bicentennial releases that Nixon sent out in 72. The coin is a 1878 and has a lot of scratches from being in the mint bag, but is nice and shiny.......

birddog
06-01-2011, 09:58 PM
OK... maybe I will. I jsut saw 2 on ebay over $400....

HoldingAg
06-02-2011, 09:42 PM
Birddog, you have a General Services Administration (GSA Hoard) Morgan. I am pretty sure NGC grades them in their original GSA slab. I think you can ask around on this forum, someone has to have an account here with NGC to send your coin in with. Good luck with the grading!

Also, to the OP: awesome story man. I know when my mom passed recently, I was going through her stuff and found about 20 merc dimes, a 1976 40% Mint Set, and a couple 90% Kennedy's.

HoldingAg

tomexxtra
06-05-2011, 06:21 PM
Here's my Mom's story.
My father passed away & my mother wants to give each Grand Child $1000. So she makes mostly
US savings bonds & CD's for them so when they are older they be able to use it and it would be worth
more. I told her for my son, to buy 3 Gold krugerrand's, at the time they were $325 each. She says he is
losing money because the others received $1000 value & his was worth only $975. I said Mom don't
worry about it, he'll make out better. Sure enough most of the kids cashed out getting between $1400
to $1800. Yesterday I just paid somebody $4620 for 3 Krugerrands, my son still has his but he was
the one that made out the best & he isn't really worried about getting cheated the $25 dollars.

Unsustainable
06-06-2011, 05:48 PM
Thanks...Post of the Year.
Listen to your Mother, she's wise beyond her years.