COINS & CURRENCY WE BUY - SELL YOUR COINS IN CT
USA Pre-1964 90% Coins:
$1.00, 50¢, 25¢, 10¢
40% Silver coins:
JFK Half Dollars 1965-1970
Select U.S. Mint sets
AND MORE!
Morgan Dollars
Peace Dollars
Three Cent & Twenty Cent Coins
Half Dimes
Indian Head & Wheat Pennies
U.S. COIN HISTORY
Almost all coins today are made of a base metal, with their value coming from their status as government-issued money. Governments decree the value of these coins, known as “fiat coins”, which is determined by market forces and international trade. This makes these coins essentially tokens, similar to paper currency.
Some may argue that these coins aren’t “true coins.” However, in practice, there’s little economic difference between them and commodity-backed money. Both types of currency are backed by a guarantee of value, whether it’s a government promise or a specific amount of metal.
Sometimes, the market value of the metal in a coin can exceed its face value. This can happen due to inflation or changes in metal prices. For example, older US coins, like pre-1964 silver dollars, half dollars, quarters, and dimes, are now worth more for their metal content than their face value. To prevent people from melting down these coins for profit, the US Mint has implemented measures to limit their export and melting.
LIVE GOLD AND SILVER PRICES
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Note: We do not guarantee pricing data or commentary to be accurate