Interesting conversationSubmitted by DFarrell on Fri, 09/14/2012 - 00:35
So I went to get some of the devil's drink a few days ago.
I got a 1965 quarter back.
I said "this is a very common coin" to strike up a conversation.
Then I said you never find coins older than that in circulation.
Then he told me that's because they are made out of aluminum.
I told him they were made out of silver. He then told me, "no, they were all made out of aluminum."
I explained the copper core and such and how silver coins have no copper core but are a 90% silver alloy. Then he told me a customer explained that aluminum is of similar weight to silver and that's why people think pre 65 quarters and dimes are silver. And that the copper core is wore out from circulation which makes no sense if they were entirely aluminum.
I told him that what he was talking about is counterfeit coins or trying to juke him out of silver and the spG is nowhere near the same (specific gravity.) I actually have an aluminum token similar in size to a nickel and it weighs around a gram.
He kept restating his position that those pre 65 quarters and dimes were aluminum and on top of that said aluminum looks exactly like silver and weighs the same. I told him Johnson said the new quarters looked exactly like silver and that's where the quote came in. He said I was mistaken.
So I told him hold onto any he finds and I will pay 4X face since those aluminum coins aren't even worth scrap.
Anyone who handles money isn't an idiot.
Next time I go there I will bring a roll of silver dimes, a scale, and the aluminum token.
Thanks to QE3 today my coins are now worth way more than what I paid. Too bad I don't own more. I like dollars better though in any case.