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WARNING 4 Problems With Stacking Junk Silver 

Silver Dragons
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In this video I talk about 4 problems with stacking junk silver. Junk silver coins such as junk silver dimes, junk silver quarters, and junk silver half dollars are good for stacking. I have been buying junk silver for a few years and things have changed. Is it wise to invest in junk silver? The main problems that I found are availability, authentication, abrasion, and acquisition cost. Junk silver premiums have changed a lot over the years. I recommend watching my junk silver buying guide to understand how much you are paying for your junk silver.
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Topics I cover in this video: junk silver problems, junk silver issues, should I stack junk silver, is junk silver good for stacking, is junk silver good for investing, investing in junk silver, junk silver buying guide, junk silver, junk silver unboxing, junk silver stack, junk silver face value, junk silver vs bullion, junk silver quarters, junk silver bag, junk silver investing, junk silver dimes, junk silver price, best junk silver, best junk silver to buy, buying junk silver, buying junk silver coins, guide to buying junk silver, silver stacking junk silver, buying junk silver, problems with junk silver, junk silver guardhouse box
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1 авг 2024

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Комментарии : 344   
@sno-cone6052
@sno-cone6052 2 года назад
The problem is that it's addictive.
@moefritz9568
@moefritz9568 Год назад
A good addiction though
@rustybritches6747
@rustybritches6747 11 месяцев назад
And expensive and it takes up more room than 999
@frazzledhaloz3184
@frazzledhaloz3184 4 месяца назад
Good barter silver too….lol
@daphne3912
@daphne3912 2 года назад
My 1 big problem with it is the absurd premiums right now. I'm better off buying silver Britannias at these prices
@courtneylirette7331
@courtneylirette7331 2 года назад
It's so funny that you said have to turn into scrooge.. my husband literally called me that yesterday because I had a magnifying glass out and was looking at stacks of old u.s. and foreign coins that I inherited trying to identify/sort each one.. it is such a process especially for the really old ones that aren't in the best condition
@Rocknranchman
@Rocknranchman 2 года назад
You proved your point real good with the weight calculator, I always suspected there was wear loss on old silver! Great video!
@John_SlideRule_Bullay
@John_SlideRule_Bullay 2 года назад
Thanks for this post. It's a good follow up to your previous post about calculating spot price for 90%. Thanks for sharing your experience and knowledge, and please keep the content coming SD!
@TheQuickSilver101
@TheQuickSilver101 2 года назад
Good stuff. Constitutional silver is great for stacking but there are things that everyone needs to understand before they start. This video hit the major points for sure. Thanks!
@slowridefpv9668
@slowridefpv9668 2 года назад
Massive thank you for putting out the content! You’ve helped me Come up to speed on all things silver!
@robinstabile5781
@robinstabile5781 2 года назад
I love going through new junk silver, because you know it's very very low for counterfeiting, so much fun to find a valuable coin
@eodizzle9
@eodizzle9 2 года назад
Appreciate the explanation of the issues presented with stacking junk silver. 👌
@huseinabdul1
@huseinabdul1 2 года назад
I wanted to add that there is newer silver coins like the commemorative quarters that are 90 percent silver. Looking on the edges are the easy giveaway for those too
@johno1544
@johno1544 2 года назад
My LCS had the 90% silver proof state quarters in his junk silver bin just last week. He said someone stored their sets in a non ideal location and many got water in them. Grabbed all the nice ones I could.
@tedbundywastheultimatechad8400
@tedbundywastheultimatechad8400 2 года назад
2019 and up are .999.
@johno1544
@johno1544 2 года назад
@@tedbundywastheultimatechad8400 I think it is 2020 and up I have the Bat samo one and I think its 90% at least that's what my LCS sold it as.
@lawrencejames999
@lawrencejames999 2 года назад
@@johno1544 ]]0
@lawrencejames999
@lawrencejames999 2 года назад
@@johno1544 provides 0000000]0]0]0pp00p00p
@NandiCollector
@NandiCollector Год назад
*Another great/ informative video mate. Thank you. I love collecting (not stacking) silver commemorative coins.*
@practicaloccultist231
@practicaloccultist231 2 года назад
Excellent video. I'm blessed to have a respectable local pawnshop. I regularly buy their constitutional silver and I've never had any problems.
@covercalls88
@covercalls88 2 года назад
Nearly all of the 50 lbs. of junk silve I have was collected by my Dad back in 63 and 64 so I really doubt I have any fakes. When it comes to my 40 Morgans and Peace dollars I bought about 30 years ago the only testing I did was the weight, size, magnetic, and sound.
@JamesComstockCages
@JamesComstockCages 2 года назад
The takeaway after listening to all this, there really is no problem.
@jeremylee8844
@jeremylee8844 2 года назад
Dragon,Thank you for a year of GREAT content VALUABLE Information and AWESOME advice. I can't wait to see what you come up with on your channel in 2022. MERRY CHRISTMAS & HAPPY NEW YEAR. BLESSED BE
@lantzfamilyadventures5845
@lantzfamilyadventures5845 2 года назад
I reference your 90% cost breakdown sheet often. Most of my 90% has been bought from a local dealer at 18 X. I’ve been grabbing everything he has almost every week. Mercury dimes are my favorites, I could care less about a little silver loss.
@mcd5778
@mcd5778 2 года назад
Same except 20x here. Only Mercs,Walkers,Franklins for me
@richardburton-777
@richardburton-777 2 года назад
👍Historical value + awesome Mercury design!
@jcryptogoldsilv2826
@jcryptogoldsilv2826 2 года назад
How do you calculate? When spot was 22.40 i was buying 1FV at 20.78
@lantzfamilyadventures5845
@lantzfamilyadventures5845 2 года назад
@@jcryptogoldsilv2826 that would be around $29 per toz. Silver dragons has a link in this videos drop down. I screenshot the guide for quick reference
@jcryptogoldsilv2826
@jcryptogoldsilv2826 2 года назад
@@lantzfamilyadventures5845 is that ok? Or really bad?
@joshgabelman6787
@joshgabelman6787 Год назад
Extremely helpful and much appreciated
@chrisnaab2121
@chrisnaab2121 2 года назад
Great video, great info. Keep stacking.
@33Donner77
@33Donner77 2 года назад
Years ago, 1979, I sold my silver coins during the Hunt Brothers monopoly for about 21x face value. Today it's about the same. All markets can be manipulated, but I'm buying silver again due to the currency market manipulation.
@utubenewb1265
@utubenewb1265 2 года назад
It's about the same dollars yes, but the value of those dollars is drastically different. If you had $2500 face value of junk silver in '79 you could have bought a decent 3-4bedroom 2 bath house in most of the USA. Today you would need $10-15,000 face of junk silver to buy the same house. Gold and Silver were probably most valuable in 1979-1980 historically.
@stanleykijek6983
@stanleykijek6983 Год назад
@@utubenewb1265 Well said.
@diyapia
@diyapia Год назад
Love your work! Watch you often; I bought a 70s Scrooge McDuck Pepsi glass that I bought shortly after I started stacking….Love drinking out of it as I sort…Looking for that 1916 D….then I’ll have my own #1 lucky dime
@jameycollins725
@jameycollins725 2 года назад
I only stack junk silver and the main problem with it is it gets very very heavy!
@rbolton3865
@rbolton3865 2 года назад
And take up more storage space.
@jamesmorrison1683
@jamesmorrison1683 2 года назад
I like coins that have seen life in the day that they were made, in addition to AU/BU specimens. Some develop a nice tarnish and tone. Collecting coins and antiques is like a door into the day that they were made, pieces of history.
@garyhendrick4391
@garyhendrick4391 2 года назад
90% used to have a premium of under $1/oz and was my goto 'order filler'. Now that its around $10 I will go for better priced options
@mateoocampo3165
@mateoocampo3165 2 года назад
The difference between 8.33 and 8.18 is just over 1.018, less than 2%. From looking at my junk silver, a lot of "wear" is actually flattening. Sure, there is some wear. Considering that $1.40 in junk silver is just a hair OVER one try ounce, there can be quite a bit of wear before the coins go under one troy oz per $1.40.
@stanleykijek6983
@stanleykijek6983 Год назад
I believe the government allowed about a 2% wear maximum on gold and silver coins at the time those coins were minted. Anything beyond that the coins were supposed to be withdrawn from circulation.
@mofatjippyfransisco713
@mofatjippyfransisco713 2 года назад
Luckily, I filled a few thousand dollar face bags of halves...before halves got so hard to find here locally. At the time I got them, around 13x was the average price I paid...which worked out to spot at the time. Quarters and dimes are still plentiful locally, but halves are much harder to find.
@fredfischer9359
@fredfischer9359 Год назад
HAve a lot of barbers, a lot easier to trade.
@GinaR
@GinaR 2 года назад
Great information. I do like buying constitutional silver coins to put into my albums.
@johnringo5855
@johnringo5855 2 года назад
You got me stuck on dragons. I have to add a dragon to my collection now. 🙂
@jeffshaw4039
@jeffshaw4039 2 года назад
Nice collection of Franklin half dollars my favorite half dollar to stack.
@robertreed2300
@robertreed2300 2 года назад
Great video thanks!
@SlumberBear2k
@SlumberBear2k 2 года назад
to me it is the practicality of it. you can easily barter it. so even with the abrasion, people still know they can trust it. often more than with generic silver.
@barunto1
@barunto1 2 года назад
Excellent video thanks!! I subscribed!
@PlumberStacker
@PlumberStacker 2 года назад
Great info. Thanks
@rsd3719
@rsd3719 2 года назад
My dad was big into buying silver. I just can’t justify it, not at any meaningful scale anyways. I’d rather buy something that pays dividends.
@tmow297
@tmow297 2 года назад
Quality dividend paying stocks give a consistent guaranteed income for as long as you own the stock. Buying silver is simply converting paper currency to a tangible asset which has both intrinsic value, precious metal value, and industrial value. It is also looked at as a form of long term savings and hedge against inflation. A balanced portfolio is a good approach.
@scotiastacker5238
@scotiastacker5238 2 года назад
One of my favourite to stack is Canadian junk silver (80%). I live on the border but with them basically closed it’s tough to get US junk silver. I’m also working on a 50-cent monster box.
@tonyprice2256
@tonyprice2256 Год назад
I don't mind the wear and tear on some coins, because i enjoy having the variety of designs. This is probably because i am not just a stacker, but am also a collector.
@mursemetals7202
@mursemetals7202 2 года назад
Love the video! Thank you for saying Constitutional Silver, I appreciate it. All of your info is spot on. When it comes to the wear and tear of the coins of course the older ones will be warn down, this was and is money and was spent. Now I won’t go into Walmart and pay with constitutional silver but back in the day they did. Thank you for organizing the guard house box.
@SovereignSaurus
@SovereignSaurus 2 года назад
I've ended up stacking a lot of junk this year as it's been the most cost effective way to buy by a long way. Those guardhouse boxes are a good shout
@SilverScorpion
@SilverScorpion 2 года назад
Super informative
@fredericknewcomb6611
@fredericknewcomb6611 2 года назад
I love your videos, Silver Dragons. I have an alternative way to calculate 90% Silver Premiums & Cost, just because I look more at Spot Price and Purchase Price, per oz-t and calculate what the Premium Price is. Multiply $10 Face Value, times the multiplier, then divide it by 7.15 Troy Ounces (oz-t), because all 90% Silver US coins have the same amount of Silver in them for $10 Face. That means that 1 roll of 90% Halves, or Quarters or 2 rolls of 90% Dimes, are sold with a calculation of 7.15 oz-t of silver content per $10 Face, regardless of the coin's denomination. Example: $10 Face (for Halves, Quarters, or Dimes) X 20 (example multiplier) = $200 $200 / 7.15 oz-t = $27.972 = $27.97 per oz-t Then, to calculate the Premium, take the calculated $27.97 cost per oz-t & subtract the current Spot price (Example: $22.97), would calculate to a $5 Premium cost: ($22.97 Spot + $5.00 Premium = $27.97 per oz-t). If you want to calculate for $1 Face move the 7.15 divisor's decimal place to the left, 1 place & use 0.715 If you want to calculate for $100 Face move the 7.15 divisor's decimal place to the right, 1 place & use 71.5 Thank you Silver Dragons for putting out such great videos.
@Jake-xy9lt
@Jake-xy9lt Год назад
This is the same formula I've been using, I wish I'd have seen it before I took the time to figure it out myself😅.
@johnwhitneykokalis9990
@johnwhitneykokalis9990 2 года назад
I like to buy my junk silver in brilliant uncirculated condition since it is a small premium over worn junk silver. also, the coins look amazing compared to worn coins and there is numismatic value in your stacking collection.
@inviz1769
@inviz1769 2 года назад
Where do you buy?
@johnwhitneykokalis9990
@johnwhitneykokalis9990 2 года назад
@@inviz1769 Local coin shop in Dallas area called CR Coins. They sell mostly bullion but still get UNC rolls on a pretty regular basis with a about 10 to 15 dollars over junk roll prices.
@PumpkinKingXXIII
@PumpkinKingXXIII 2 года назад
I traded a some 90% cull Washington quarters for rcm 10 oz bars. $20.50 of face plus a $20 bill for two bars. Not my best trade but I’m happy. Love the look and heft of this bars.
@StrongStacker1
@StrongStacker1 Год назад
Great job!
@yankeeprepper.3393
@yankeeprepper.3393 8 месяцев назад
Great video.
@keenanxipher
@keenanxipher 2 года назад
another banger SD for the uninitiated
@jj18057
@jj18057 2 года назад
Found a worn 1992 silver proof quarter in with constitutional silver once.
@jeebusyaweirdo3733
@jeebusyaweirdo3733 2 года назад
I buy a lot of the walking liberty, mainly due to my love for the coin design
@shabushabu1453
@shabushabu1453 2 года назад
The premium on 90% is driving me crazy. Spot price is low, but people still want 20x face value!
@sdfv4zx
@sdfv4zx 8 дней назад
Now face value is at spot but the price of silver is high.
@mackstack4901
@mackstack4901 2 года назад
There is tons of junk silver available, $1000 face value bags everywhere including my LCS. The high premium is all about the greed of the wholesalers.
@TRICK-OR-TREAT236
@TRICK-OR-TREAT236 2 года назад
TIP : YOU SHOULD NEVER STACK SILVER HIGHER THAN 7 FEET. IT COULD FALL OVER AND SOMEONE COULD GET HURT.
@freeman7296
@freeman7296 2 года назад
one way to deal with dates on halves is to buy franklin halves mostly - they are easy to spot, not aware of a fake franklin half dollar issue and they are minimally worn...very easy to spot and to know you're dealing with a silver coin without needing to look at the date. i did start my stacking buying 1964 kennedys - but the dates bothered me and I switched to franklins - the date problem goes away with franklins - plus they are less worn than walkers. I like those guardhouse boxes - very nice way to keep my halves together and stacked nicely...gotta do the same with dimes too. oops - I see he discussed the franklins later in the video - got to that after my post.
@Indyjeeplover
@Indyjeeplover 2 года назад
I verify junk silver but dropping them on a table or preferably kitchen counter. You can go through them really fast and it’s easy to tell by the sound. You can tell from ten feet away
@CaStW
@CaStW 2 года назад
Nice one...Main problem for me is money to buy it even junk silver.😁
@Ralphydc
@Ralphydc 2 года назад
Most RU-vid silver stackers say that fractional silver rounds are the Worst silver to buy. However when you factor in how high the premiums currently are on constitutional silver, fractional silver rounds don’t seem too bad. For example, the Golden State Mint has 1/10 oz, 1/4 oz, and 1/2 oz, rounds for sale on their website. The 1/10 oz rounds are definitely too expensive, they currently come in at 40$ an oz. But the 1/4 oz and the 1/2 oz rounds come in at 29-30$ an oz. About the same as constitutional 20x-23x from the websites I have looked at. What are your thoughts on stacking those instead of junk silver? I see a couple benefits. It’s BU silver. It is easier to explain how much silver you have to someone less experienced, when potentially bargaining. And it’s 999 fine silver. Thanks for your videos I really learn a lot from them!
@pandorasrevelations9873
@pandorasrevelations9873 2 года назад
I'm glad you mentioned looking at the edges. I caught a couple of "newer" dimes in my junk silver when I bought some. The guy I bought them from was super cool about it and hooked me up. I looked up the Roosevelt dimes and they calculate at .0723 TOz vs mercury dimes, which calculate at .07123 Toz. I suppose that's because of the wear and tear over time?
@SilverDragons47
@SilverDragons47 2 года назад
yeah probably the wear and tear… the edges are a good check for sure! 🔥🐉
@pandorasrevelations9873
@pandorasrevelations9873 2 года назад
Thanks for the reply! I appreciate your insight and your channel. I go to your channel first on silver and gold stacking but don't tell the rest of the guys! I don't wanna hurt their feelings. :( ;)
@huemann7637
@huemann7637 2 года назад
I buy Roosevelt dimes by face value and mercury dimes by weight.
@sellsubz
@sellsubz 2 года назад
@@SilverDragons47 Yes, those Mercs are prone to becoming slicks.
@rufferto5429
@rufferto5429 2 года назад
My 400 Mercurys weigh 95.36% of original weight. My 1000+ Roosevelts come in at 99.0%. My disproportionately old Washington quarters are 98.4% original weight, but a more typical batch would come in at least 99%. Franklins and Kennedys have very little, sometimes virtually immeasurable, ware. I don't stack walking or standing libery coins, but I would imagine they are like the Mercurys. I keep track of both face value and weight and currently they all add up to almost exactly the industry standard of 7.15 ozs. per $10 Face, which is 98.84% of original weight.
@pstoneking3418
@pstoneking3418 2 года назад
I'll stick with. 999 or .9999 silver. For bartering, i know I would accept pure silver over junk silver for my services or merchandise any day.
@williampaskewitz5383
@williampaskewitz5383 2 года назад
Accurate
@PhantomSoldier07
@PhantomSoldier07 2 года назад
I haven’t bought very much constitutional silver, I’ve gotten most of mine through bank boxes and a coinstar machine.
@kirbyvacuummadman1814
@kirbyvacuummadman1814 2 года назад
The A word your looking for is Abrasion (the process of scraping or wearing something away) The abrasion level may be high or low.
@jeffreymonahan6826
@jeffreymonahan6826 Год назад
Hey thanks for your videos the only thing I can suggest is Maybe don't mention your guardhouse box? Naruto really care about your guardhouse boxes of where you put your silver it's the video
@Jason2425able
@Jason2425able 2 года назад
Personally I like benjis and walking liberties. I just finished my first tube today. Honestly though I'm mainly stacking to preserve wealth. Although I have one benji I want to get graded because I think I have full bell lines.
@kayakMike1000
@kayakMike1000 2 года назад
Mercuries are nice too, a bit more fungible in case of SHTF situation.
@ocultimastacking6654
@ocultimastacking6654 2 года назад
Wow more amazing video friend
@lisabibby6274
@lisabibby6274 2 года назад
This is a great topic, glad that you covered this because as far as I know you are the only stacker that I have seen do this.
@johnwhitneykokalis9990
@johnwhitneykokalis9990 2 года назад
I thought my LCS would give me 3.5 ounce price for a roll of silver junk dimes, instead he would only pay me 65 dollars for a roll when silver was at 22 dolars an ounce on that day. He said that they pay out on junk silver by the coin times a fixed number, I don't recall the fixed number that was quoted on that day.
@michaelbuckley6710
@michaelbuckley6710 Месяц назад
Where can I get the coin holders ? I just started stacking 90% silver Dimes, Quarters and Walking half dollars so I do t need a lot of them plastic tubes.
@jt9451
@jt9451 2 года назад
I personally like the hobby, history and collecting of coins not so much of stacking when SHTF happens. Other than that good video.
@naterade28
@naterade28 2 года назад
I just troll eBay and will only buy junk silver when I can get it at or below spot. Lots of deals out there, just need to know how to find them
@tallthinkev
@tallthinkev 2 года назад
As I'm in the UK I've never heard of face+ as a way of paying/selling, it's always spot+, normally around 10%
@lonestarsurvivalist447
@lonestarsurvivalist447 2 года назад
I won a bit on ebay for 2 1955 S and P Benji half dollar uncirculated, lustered, and toned for 13.87. I say that was a steal.
@michaelchaffin3345
@michaelchaffin3345 2 года назад
Some people like myself are error hunters and enjoy looking at coins through a magnifying glass. Half dollars are also 40 percent silver up to 1969
@johnheinze5503
@johnheinze5503 2 года назад
Yeah, and try to sell them back to the coin shop. I bet he quotes melt value minus some percentage.
@whywouldicare8618
@whywouldicare8618 2 года назад
Here’s a tip for next time you weigh them in the tube thing Put a empty tube on the scale and hit tare then leave it then when you put the coins in and weigh it the tube weight will be gone so then you’ll know how much the coins weigh without the tube
@empresschiefkhalifajavahbe6620
@empresschiefkhalifajavahbe6620 2 года назад
Who did you buy your junk silver from if you do not mind me asking?
@johngalt2506
@johngalt2506 2 года назад
Why is it called a guard house box?
@golddiggerdave
@golddiggerdave 2 года назад
It will cost more to buy a decent safe than the return from the silver you can store within it. Would it not be better just to stack empty safes as they appreciate in price along with inflation? Silver is nowhere close to keeping up with inflation.
@icmull
@icmull 2 года назад
What premium do you pay on junk? Im Australian but Ive gotten 7.85 recently but seen up to 50%. Bullion coins are 25% premium at my LCS. I figure if I can get 15% or less it would be good enough. Thoughts anyone?
@therealhawkeyeii7888
@therealhawkeyeii7888 2 года назад
Where can I get a box like that, and the containers?
@richrichricherd
@richrichricherd 2 года назад
I want to get into junk but why is it all $8 plus over spot?
@23Keith23
@23Keith23 Месяц назад
I would love to be able to buy a used sigma but have never seen one being sold anywhere
@brentlund2272
@brentlund2272 Год назад
GOOD SHOW TODAY !
@asmrcharlie4605
@asmrcharlie4605 2 года назад
Great video. I think the biggest drawback is that not only are u paying a huge premium when u buy - they dont typically even pay spot when u sell. So you are getting broken off there too.
@jayman1601
@jayman1601 2 года назад
That's why you sell to other stackers or collectors and try to avoid coin dealers.
@asmrcharlie4605
@asmrcharlie4605 2 года назад
@@jayman1601 Easier said than done!
@silverchimp5045
@silverchimp5045 2 года назад
😅 glad I packed it well lol 😂🤣🐒🐒🐒 Thanks again for the trade !
@rick5653
@rick5653 2 года назад
Where do you buy from?
@williamtell2053
@williamtell2053 2 года назад
I love stacking constitution silver because it still maintains the face value
@sstrauss6752
@sstrauss6752 10 месяцев назад
Since I take prescription medication, I use the empty pill vials for coin storage. Some of them will even fit silver dollars. Otherwise, I do count and verify. In a bag of 600 halves I found 3 40% Kennedy's and one 1964 with a hole in it. The dealer I purchased from made good on it. There were also 2 Columbian halves which I traded for $1.75 in lower value junk silver.
@widehotep9257
@widehotep9257 2 года назад
#2 "Authentication" You can do this by sound-testing them: balance the coin on the tip of your finger like a cymbal, and tap it with another coin. Fakes have a much higher pitch that sounds "tinny". Chinese fakes are everywhere, and usually made of "German Silver" (alloy of Copper, Zinc and Nickel). The fakes are also lighter than real silver coins.
@michaelchaffin3345
@michaelchaffin3345 2 года назад
All silver is well above spot. It's hard to find it close to spot! You have to be careful buying like on eBay because of all the fakes. All the big distributors are about the same and us mints are ridiculously expensive.
@ScrappingwithGrandpa
@ScrappingwithGrandpa 2 года назад
I’ve been a subscriber for a while but I haven’t been getting notifications. Now I know why I didn’t hit the bell notification dammit I did now Scraping with grandpa Scrap on
@oregonstacker2878
@oregonstacker2878 2 года назад
Silver Dragons: Whats your thoughts on this new Omicron and how its already starting to shutdown Europe? I feel the gov. wont be able to raise rates like they say next year and we could be headed back to states shutting down which no matter how you feel about the virus it means a positive I would think for gold and Silver in 2022. I like to see a video on your thoughts on this topic :)
@moneybags_b
@moneybags_b 2 года назад
Where to buy
@coctailer
@coctailer 2 года назад
I'm a Mid-century Modern nerd, so I like the Benjis the best LOL
@bobadler3097
@bobadler3097 2 года назад
The premiums are high now...which makes it cost prohibitive. But wait until you see what they are in a few more years. I think they are a great investment. It's been money before, it's better than money now, and will continue to be money in the future. They're not making any more. It's like cars. You'll pay more for a 57 Chevy because it has antique value in addition to it's practical value. And BTW the rule of thumb is 0.715 troy oz silver per face value dollar and that INCLUDES the loss due to wear. They originally had slightly higher silver content per $1 face value (0.725 oz I think?).
@TtheSilverStacker
@TtheSilverStacker 2 года назад
It’s becoming harder and harder to find in the coin shops I visit.
@devildogus2187
@devildogus2187 2 месяца назад
Where are you buying this box of coins?
@Nordy941
@Nordy941 Год назад
Just want to point out the weight quantity control on those plastic tubes may not be as tight as you think.
@tucsonbubba1574
@tucsonbubba1574 2 года назад
Try to weigh some of your older, used rounds. They will weigh less than a troy ounce too. In fact pure silver wears quicker, which is why I tell people to wear gloves and handle carefully if you want to preserve the weight.
@brycethomas6080
@brycethomas6080 2 года назад
I look at the condition of coins before buying. I don't buy much of the mercury dimes and walking liberty due to most of them being slick.
@robertcaldwell7918
@robertcaldwell7918 10 месяцев назад
Nice Video
@EB-nz1qv
@EB-nz1qv 2 года назад
Would the difference between BU Kennedy’s and worn Kennedy’s be the same as the comparisons you made? For a minute that’s what I thought you were going to show us.
@tlbx57
@tlbx57 2 года назад
If one is buying "junk" silver as a financial investment hoping for gain, good luck. The better course is to buy it for insurance against the SHTF scenario, where it will become acceptable barter fodder once the disturbance subsides.
@L3V1T8-84
@L3V1T8-84 2 года назад
I see silver rounds and bars as being junk because they are typically generic and plentiful. I see legal tender coins as being better silver because they have a lower availability, quantity and are only produced by the year.
@rbolton3865
@rbolton3865 2 года назад
Don't forget. Currently, they are costing more in premium per ounce than rounds. Also, because they are not making more, that premium will probably not go down.
@L3V1T8-84
@L3V1T8-84 2 года назад
@@rbolton3865 true.
@dscott3421
@dscott3421 2 года назад
No Metalytics available under the link 8(. In my area, the LCS is selling 90% at 22x. Now I consider this a very bad price, espec. since he is keeping it at 22 only because of his cost on most recent shipment, not connected at all to spot price, unless of course spot price goes up, then so does he. On the flip side, 22 is not terrible here, because I get to paw through them myself to get the best coins, sometimes getting BU coins even back to the 50s. At a show, I get 19.5x, and condition matching price, but I can at least look at bit through a plastic bag to decide if I think it's a good purchase. Recently, I got some BU 64 Kennedys - good purchase - nearly no silver loss!
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