90% Silver Quarters - Why I Buy Them and Why You Should Too!

[@rogerkinard7446]

No dealers that I know of are currently paying “melt value” for .900 fine pre-1965 Constitutional Silver coinage because STACKERS have been selling it in huge quantities for more than a year to pay their bills - especially insurance and property taxes.

[@SilverGarage]

@@rogerkinard7446 yup that sucks but it’s part of the cycle. Buy, Hold, Sell, Buy Again. Silver price has risen from $22 in Feb 2024 to $35 in early Nov 2024, so people are taking profit. Also so many people are broke rn. But that is a reason to buy and hold in case you need an extra few bucks in the future. Imagine if those people didn’t have coins to sell. The sentiment is low. When the sentiment is BUY! the price will rise. If you are buying silver to resell, cost average and stack sell On the next pop. If you are buying to hold til $50, $150 an ozt or higher, buy now! Dimes are the first coins to go. There’s almost no premium rn. If you are buying to potential trade, no time is bad just don’t pay more than 1.25x over melt.

[@silversleuth007]

Super Shop you found. TYVM for sharing. Liked and new sub. Great math about great silver!

[@mandybrown7758]

Oh yeah i stack most constitutional silver people are always looking for junk silver 💪🏽 great info

[@marymastromauro8164]

Oh wow! There's some really neat stuff in that store!

[@SilverGarage]

Yea, I plan to do another walk thru, with their permission. Check them out. The owner is a 94 yo man named Charles and his wife. So much stuff. They’ve been in business since 1988. He’s a collector at heart.

[@marymastromauro8164]

@SilverGarage too bad, I'm in NY

[@SilverGarage]

@@marymastromauro8164 I’m pretty sure there are some amazing shops in NY. 😊

[@andrewkolb6309]

I have found a 1932-d in almost uncirculated condition in a junk box they're out there just need to search for them!

[@SilverGarage]

@@andrewkolb6309 wow! I have found 1934 and 1935 but never a key date in the junk box. Great find. Keep searching.

[@Bigtree5]

Great vid! Where do you like to buy the empty books to fill?

[@SilverGarage]

@@Bigtree5 go to Coins shops that have been around for a long time, they usually have used coin books that they had to empty for about a dollar

[@SilverGarage]

@@Bigtree5 you can also go to hobby lobby, but you will pay a premium for those maybe $5.99.

[@USdebtbytrent]

Nice im doing 1 oz coins rn ima buy my first 10oz pack friday

[@SilverGarage]

That’s great. Keep it up. I bought my first 1 oz Buffalo 2 years ago and I feel I love instantly, I keep buying because I felt 1 oz of silver is worth more than $25-30 cash in the long run. It will add up faster than you think. Good luck.

[@USdebtbytrent]

@SilverGarage thanks man. I also do videos if you wanna collab on ideas or whatever

[@SilverGarage]

@@USdebtbytrentok cool. I’ll subscribe and consider it.

[@USdebtbytrent]

@SilverGarage thanks man

[@flippensweet3]

That is pretty good price with the recent spike in spot price. Only problem I have with them is that mostly they have no numismatic value unless they are high grade.

[@SilverGarage]

Yea, I treat US coins as 90% Bullion, you can get 1.4x spot usually if you list online, but i use them to stack volume, so that when I am ready to sell I have A LOT!!! I won’t sell Bullion or US Coins until $50 an ounce. I am holding. Thanks!

[@SilverGarage]

Also, if you buy only what you can hold for awhile, then when that time comes you’ll be happy. If you buy with money you might need soon, you end up selling for less. Just stack and wait until you are happy to sell at a good price or you can barter with them, depends who you run into and what they are willing to trade for.

[@jaymartell2967]

​@@SilverGarage$50 an oz. GLWTS

[@Sjp1985]

I usually bring in what ever amount of cash I want to spend, buy rounds n top it off 90%. It's an easy way of building them up n knowing exactly what you are spending "per round"

[@SilverGarage]

@@Sjp1985 Do a Google search and find all of the shops in your area that sell silver rounds, Buy at least one at each shop to build a relationship. Tell them what you pay at other shops. Then you’ll find out The one that gives you the lowest price Will most likely also treat you the best. An honest dealer will know for a fact he is giving you the lowest price and treating you the best.

[@hippiehillape]

Lol, I grabbed a stone mountain quarter from that shop in college. Still in my box. Haven't been out there since school.

[@SilverGarage]

@@hippiehillape Half Dollar? I have one too. It was a birthday gift. They are really nice. If you can get them under $50 buy them. I was in Northlake Stamps and Coins in Atlanta looking thru coins and an older man came in, looked at a PCGS graded one, the shop owner told him $189 and the guy paid!

[@rickbruceroche2038]

90% silver quarters are the last item I buy. This is because you can make any silver amount, except 1/4 and 3/4s of an ounce without quarters. Thus I stack dimes first, then halves, and finally, quarters.

[@SilverGarage]

I agree with you. I am about to my a video about dimes. I have around 240 dimes. 60 quarters and 40 half dollars and only a few Dollars (my least favorite). So definitely love dimes the most, but I decided to start with quarters because I just had recently finished my quarter tube. A goal that took awhile because I slacked on buying quarters for years. Thanks!

[@jaymartell2967]

I've never put coins in a tube like that ever.Even old worn down staight up junk silver.I keep my high grade coins in choice Unc. Mint State condition

[@erwinwheeler124]

When you record you need to slow down I mean you going too fast😮😢

[@CharlieJacob-u9x]

Your math is erroneous. It takes $1.40 to equal an ounce of silver. If you pay $5.50, that's $30.80 per ounce.

[@SilverGarage]

@@CharlieJacob-u9x Thanks for commenting but which part did I say that, I always count 90% silver by ASW.

[@SilverGarage]

If it was notes written on a sticky note, those change all the time and might be old. Sometimes I get lazy. As you saw, there are more than 5 Quarters in that book, yet I didn’t update the sticky note. Also, sometimes I scribble over notes so it might look confusing. I appreciate your attention to detail, it’s a really important skill.