Opening $20,000.00 Silver Eagles Monster Box! Silver Short Squeeze Hoax or Real? Bullion Demand Up

Opening a sealed monster box of 2016 silver eagles. Is the silver short squeeze a hoax or real? Let's talk.
Contact info:
JDVC
Po Box 3252
Blountville, TN 37617
[e-mail]

[@JDsVarietyChannel]

It's a good time to have been a long time investor in silver. Where do you all think the price will end up over the next month? I think it will trade sideways to higher, with a lot of volatility mixed in. Hopefully this video reaches some new viewers, cause I lost about $500 in premiums when I snipped that strap. Haha. If you want to support the channel by ordering any as discussed in the video, email me at [e-mail]. I forgot to mention, but I will only be accepting paypal payments. No paper checks or money orders. I may make exceptions for viewers I have seen around the community. :) EDITS: These are 1 troy ounce rounds. I did this video on the fly and forgot to mention troy ounces, it's been a while since I've been involved in the bullion market and my terminology is rusty. 2nd, I cannot ship these outside the US. 3rd, for orders shipped to Tennessee I must add 9.25% sales tax.

[@mykittenisagrandmaster4381]

Even though you opened the box you can sell the rolls and probably make a really nice profit as long as you purchased them at a low price I think the one I purchased years ago I paid 17 a coin or slightly less because silver price wasn't high I ended up selling them before this all happened

[@JDsVarietyChannel]

@@mykittenisagrandmaster4381 Yeah. I'll probably just keep this box aside for retail sales to take some profits, and justify opening the box. And hang onto what else I have in case the prices go up more.

[@kitt199546]

@@JDsVarietyChannel Hey JD, Hope your feeling alright from last nights Alfalfa powder & Cinnamon challenge. lol, Question: Can anyone purchase these from the US Mint or do you have to be a dealer or something? Bryan, Vero Beach

[@JDsVarietyChannel]

I bought them from a wholesale bullion dealer. I'm not sure how it works for getting them directly from the mint.

[@silverhustlin1390]

@@kitt199546 You cannot purchase mint direct

[@hightonesdrifterkent6600]

Awesome JD.... l also am a stacker for about 20 years. I bought my first Silver American Eagles around 2002 when silver was around $5,00 spot. Premium was about 50%! Paid about $7.50 per coin! Have learned much since then about PM's.

[@Kenlydford]

It’s killing me that I didn’t buy any 10 years ago when I really wanted to. Oh well. Life was crazy back than.

[@JDsVarietyChannel]

Hindsight is 2020. I have a truckload of should haves. Haha. At least some things work out.

[@Kenlydford]

@@JDsVarietyChannelgood one lol. I hear you. I really can’t complain

[@cheaplaughkennedy2318]

Really good segment JD you were way ahead . Remember when the GM bailout was a bid deal , now it’s practically the world . Enjoyed watching my friend, take care

[@JDsVarietyChannel]

When you look into where some of the bailout money really ended up via the paper trail, is when you realize the entire system is corrupt. With all the bubbles building again, the future is going to be interesting to say the least.

[@cheaplaughkennedy2318]

@@JDsVarietyChannel very true , 08 take two 🎬👌

[@MidwestCoinHunter]

I had no idea you did any stacking JD, this is really cool!

[@JDsVarietyChannel]

Yep. Always been a stacker. Just never did a video on it, cause I didn't want it to come off as bragging. In the future I may show more bits of what I've saved over the years, as far as the older, more interesting stuff goes.

[@MidwestCoinHunter]

@@JDsVarietyChannel I can understand that completely. Most of my stacking videos are of product that aren’t even for me, mostly for the live streams. Any Metals unboxings I do of my personal purchases only show small amounts here and there (I’ll never do a “full stack” video). Well I’d love to see more stacking vids from you as I know many others would too. I’ve always enjoyed what you share on the numismatic side of your adventures too, would love to see more of that as well. I’ve got the itch to get out detecting but we keep getting dumped on here in Eastern Iowa, I’ll get my fill from your vids until I can get out myself. Take care!

[@objectivesovereignty]

Great ending talk.Nice touch with the " Governments with their hands deep into in our pockets on a very personal level. " LOL.

[@SmallWonda]

Over-reaching Government - oh how they love to stretch those bounds. Love those Silver Eagles, absolutely gorgeous... Keep safe...👍🦘🐾⛏😮

[@JDsVarietyChannel]

Yep. They love to stretch their arms out "for our best interest" LOL

[@SmallWonda]

@@JDsVarietyChannel Do you have any thoughts on when They suddenly realized they KNEW better than US? (I do, but guess I can't say!) Keep safe up there, pretty scary times, but glad you're surrounded by fresh air, which really helps (or water, as in being a small island!!) Those silver dollars should def brighten your day :)

[@chrispop6891]

Very cool bro!! Thanks for sharing that with us!

[@ericblankenship7714]

Beautiful coins JD!!! And alot of them!!!! I'm jelly!! LoL

[@925inder2]

Should have sold First Majestic position yesterday. Hopefully there is another short squeeze. Never got a monster box, but got 100 oz. bars. Feel similarly about the silver market. ATB

[@idigdaytona4478]

Way more paper silver contracts in the market than physical silver . If they ever have to cover the paper , its hard to say where the price could go or where they think they will find all that silver .

[@JDsVarietyChannel]

I forgot to mention that in the video. You are absolutely correct.

[@matthewquijano2696]

I’m 17 and I wanna get into the silver business because my dad buys silver, so all these videos are very interesting to me.

[@silverbanky9596]

JD nice box and investment there. Well done.

[@lindawolffkashmir2768]

Those coins are nice! One day I’ll get a chunk of silver like that.

[@JDsVarietyChannel]

The silver eagles are pretty coins. :)

[@clappincheeks5584]

Build your silver up little by little, when you have $50 laying around, spend it on 2, 1 ounce silver rounds. They go for $23-$28 an ounce.

[@adventuresinmichiganwlisa9852]

OMG i cant believe you cut the cord !! They are beautiful.

[@JDsVarietyChannel]

It was painful. LOL

[@adventuresinmichiganwlisa9852]

@@JDsVarietyChannel i cant believe you did that. I kept saying no no no! And snip snip! I wish i had pay pal i do have cash

[@JDsVarietyChannel]

@@adventuresinmichiganwlisa9852 Fyi, you can checkout via paypal as a guest, you don't need an account. They're basically just a processor for people like myself who are not set up to take direct credit and debit card payments.

[@jbolf6]

Absolutely gorgeous Jon!

[@JDsVarietyChannel]

Thanks John! It was exciting to open a box for the first time.

[@jbolf6]

I was excited just watching you open those. They are stunning

[@randyscj429]

Hey J.D., too bad those weren't the 2015's, huh? Sincerely, Randy. 👍🙏🏻😇👊

[@theimpaler2317]

I just got into buying silver this week, probably not the best time. I am just doing research and happen to run across your video. Would you sell any more of those coins?

[@AAPHomestead]

Very nice thank you for sharing bro 👍🇺🇲☮

[@JDsVarietyChannel]

No prob. Glad you enjoyed it!

[@AAPHomestead]

@@JDsVarietyChannel always enjoy you brother you've inspired thousands of people to get out and go treasure hunting

[@plugsfordays648]

Yes I’ve been waiting !!!

[@JDsVarietyChannel]

=P

[@lopegutt123]

I bought a monster box today with 1 oz Maples. Will the coins lose value if i open the seal ?

[@bobcranberries5853]

I think the thumbs down people like paying higher taxes.

[@JDsVarietyChannel]

Or they shorted silver. Haha.

[@anonymousamerican5676]

You are correct JD,, the middle class always covers the loss..

[@josevillanueva8909]

Very awesome video 👍

[@larry8810]

Eagles are a nice choice. I pre-order a mini box of 2021 for 3007. The price lately is $ 4300 +. Ouch what a markup

[@JDsVarietyChannel]

I remember when I was like 13 years old I bought a bunch of peace dollars at a coin show for $7 each!

[@charlessharrardiii7086]

Nice catch!

[@plugsfordays648]

Oh yes ! Here we go

[@JDsVarietyChannel]

=D

[@kevinsturgeon8414]

Right now is only worth around $15k. I just ordered me one from SB

[@plugsfordays648]

31 lbs of silver . Gosh that’s a great way to get buff ! Lol

[@jpol3808]

Just throwing this out for fun. My boss says he's got complete uncirculated coin sets from each mint dating back from 1930 to 1990. He asked me what I thought they would be worth? I don't know if silver pricing or actual collector value would be more. Or how much a set like that is even worth? Any clues. Jpol.

[@bennyduran6960]

How many come in one of those green tubes??

[@kennethgoslyn3524]

Wish i had $, not a bad price for them, there beautiful !!

[@Saunders7]

Nice..

[@robshields9614]

There is a space between the dash and the zero on the number on the box. Perhaps a number was omitted.

[@wilmaburrgooch981]

You can put insurance on package then postal service has to repay for lost.

[@JDsVarietyChannel]

From my experience it's not worth the upcharge except maybe on expensive items.

[@rastazorastra1772]

I think it’s a consolidation stage right now but the future looks bright for silver with all these EV company/cars coming out

[@themetaldetectorrailroadco3790]

hello JD

[@NinfaCarpentergeorgia198]

Amen brother! I couldn’t agree with you more young man!!!! Better be careful though, big tech may come for you!

[@williamleather500]

I recall those boxes went for $ 7500. years ago .

[@frankbehnke6062]

Wow dude!

[@mykittenisagrandmaster4381]

Sup Mister JD and everyone silver eagles are really high wish I kept my monster box I had

[@JDsVarietyChannel]

I'm thankful I held onto mine.

[@mykittenisagrandmaster4381]

@@JDsVarietyChannel shockingly you can get other silver for a reasonable price I seen some silver maple leaves at my local coin shop for 27 something plus tax making them slightly under 30 bucks which is way better than silver eagle prices right now

[@mustangdave434]

Silver and gold isn't taxable in my state

[@JDsVarietyChannel]

Nice. It is here.

[@sheilalart5837]

My favorite coin, I'll buy one from you! I'll send you an email! They are going to change the reverse design so these coins might me valuable someday, so I get them while I can!

[@tomhannigan2954]

You are so right about your comments on the economy and the current administration. It's scary and going to be a rocky road ahead.

[@kingp2720]

Hi jd!

[@JDsVarietyChannel]

Hi!

[@patprop74]

If you are going to invest in silver, invest in a metal detector and find the silver in the form of coins and jewelry HAHAHA Somehow that seems more fun and sure. I think ( i am no expert by any means) Slabbedd host rocks with silver contain are probably a safe investment as it is more of an "Artform", that will apricate rather than fluctuate like were seeing with pure silver. BUT MAN I do love the look of a nice piece of shiny silver.

[@BirdDogg]

😳

[@suzique5827]

You are absolutely right with the new administration and taxes. Middle class is screwed. And Big government.

[@paddy3762]

silver is going to go high ask the bunkers brothers

[@johncassady2854]

If I had that kind of money I'd buy me to metal detector

[@brentholladay3113]

Look like 24 20’s, you are missing the middle 12 on left, 12 on right 1 in middle

[@catscratchfever9815]

How can you afford this

[@DaveL0120]

How much did that run you?

[@JDsVarietyChannel]

I bought this box 5 years ago for just under $9,000

[@DaveL0120]

@@JDsVarietyChannel worth about $15 g now! Good job bud love your style. Question for ya...i was looking at a medal detector and is garret a good brand? I wanna spend a couple hundred but want a decent one. Thanks bud! Be following you forever. Every video bro!

[@JDsVarietyChannel]

Yes, Garrett is a trustworthy brand, you might want to look at the Fisher F-22 and F-44 They are good ones in your price range too. I might start either selling detectors in the near future or working with retailers/manufacturers as an affiliate. I'll keep everyone posted.

[@detectingny.johnson9307]

I would like the top one. Your price.

[@JDsVarietyChannel]

Send me an email. I have no problem sending you the top one. :)

[@Kenlydford]

@@tboman4128 I thought I saw it for 38

[@TheZeppelin14]

@@tboman4128 But you will not get a silver eagle for that price anywhere.

[@JDsVarietyChannel]

Silver eagles sell at a premium, and are going like hotcakes on eBay for $45 today. I said my price was going to be higher, as I'm not looking to complete with the big dealers and ship out hundreds of these.

[@TheZeppelin14]

@@tboman4128 I'm not over paying because I don't buy them. I was just pointing out that you will never get one for spot price.

[@jimgriffiths9071]

The issue here is that short selling is nothing but a perversion of what the stock market was designed to do. It should be outlawed and shunned.

[@JDsVarietyChannel]

The whole thing is rigged. And of course it's intentionally set up that way. I expect regulators to step in and drop the hammer with all this chaos. It's going to be a wild ride.

[@Handlethis.96]

If you sell it now at least you would double your money.

[@OverUnity7734]

LEET !

[@JDsVarietyChannel]

The funny thing is. The video length was completely unintentional. But I certainly didn't make any changes after seeing that. xD

[@onceANexile]

20k? I paid 10k!

[@kevinsturgeon8414]

When did you buy ?

[@heheh6345]

4:38

[@plugsfordays648]

NO PROBLEM lol

[@ericbokor1017]

Hoax a short ploy to recoup loses from gamestop

[@JDsVarietyChannel]

That's what I have read. Who started the whole silver thing then?

[@ericbokor1017]

@@JDsVarietyChannel believe the shorts from gamestop billion's to recoup

[@AC-fv7kt]

1 troy ounce not ounce....fyi

[@JDsVarietyChannel]

Did this video on the fly. My bad.

[@AC-fv7kt]

@@JDsVarietyChannel lol...you are great...I know you knew the difference. I actually make rings out of silver coins and have made many silver Eagle rings. If your ever interested in one let me know. Like your channel man👍

[@AC-fv7kt]

@@JDsVarietyChannel oh and it took some brass to cut those cords...I was nervous just watching you....lol

[@JDsVarietyChannel]

@@AC-fv7kt Yeah. That was painful. Haha.