Have you ever wondered why silver coins are so popular among coin collectors and coin dealers? This is because they hold intrinsic value in and of themselves, and in some cases, collectible or numismatic value. Of course, the value of silver coins is dependent upon several factors including but not limited to their grade or overall condition, age, rarity, and current price of silver in the precious metals market. If you’re interested in attempting to locate silver coins, here are a few tips that will help you with your treasure hunting.
What to Look For
Before traditional banks became a part of society, people used to bury their coins to keep them safe, secure and shielded from public view. Every year, thousands of coins are discovered buried in the ground in many countries around the world. These include Great Britain, Spain, Turkey, Italy, and Greece. The United States is certainly no exception. Hundreds of colonial and early American coins have been discovered on the East Coast. On the other hand, the West Coast is a famous treasure spot for gold coins that have been left behind by gold miners in the past. Shipwrecks in the 17th, 18th and 19th centuries have also washed up on coasts.
Where to Look for Silver Coins
As you seek to uncover lost or forgotten silver coins, you can start in your very own backyard. You can also venture out further and think of places that people frequently visit and have a tendency to drop their loose change. For instance, local parks, public beaches, and historical landmarks or tourist spots are all good places to look for silver coins.
Tools to Use to Detect Silver Coins
Unfortunately, buried coins won’t just turn up on their own. You’ll have to put in the hard work and look for them. Use a metal detector. Choose from a variety of shapes and sizes. The more advanced metal detectors have discrimination controls which helps you to save time during your search. Still others come with audio feedback. Do research prior to making a purchase and read reviews. If you’re on a budget, you can purchase a used or pre-owned metal detector.
If you wish to go on a hunt for silver coins, you need to know what to look for, where to look, and the proper tools required for your search. If all else fails, you can always purchase old or rare silver coins from your local silver coin dealer.