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MontanaLarry

Sealed Bank Bag from 70's?, should I open?

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Hello group, I'm new. Thanks in advance for the help!

 

I'm an amateur collector, lots of coins and books but not many with real numismatic value. In 1983 I purchased a sealed bag of 90% silver quarters, $500 face value. The cloth bag has "U.S. Bank" printed on it and what looks like a lead, crimped seal. The seal looks like it has white paint on it with 3 raised letters that are hard to make out. Looks like "NOC" or "NGC". The bank bag looked several years old when I bought it, perhaps from the 1970's.

 

Many times I have been tempted to open it but resisted so far. My questions: Would a sealed bag from that period likely to have had the "good ones" culled out? Did banks just bag up 90% silver? Would this bag be of more value to a collector if I did not open it?

 

To open, or not to open? That is the question.

 

Thanks!

Larry

 

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Since it's not an original bag anyways, I would open it. There would likely be some pieces that then were considered scrap (or close enoungh to include in a "junk/scrap" bag) that would now have a premium.

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I'm split on this. Since it's not official (according to ccg), I also say open it. Satisfy your curiosity. Maybe find some overlooked die varieties.

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