A Local Bullion Shop Owner talks about Junk Silver. Should you invest?

[@TheRosebud1876]

Junk silver is the gateway drug to coin collecting.

[@jeanmader2302]

LOL...true.

[@gerardramirez6320]

I Concur

[@dylansfreakfest]

I’ve been stacking for six months now and I finally got two slabs state quarters silver 90% so I guess you’re right because for six months about nothing but constitutional

[@Tounushi]

Started stacking (Finnish) domestic collectible silver coins ranging from .500 to .925. Hard to find good deals on .350 1 mark 1960s junk silvers and the Grand Duchy marks are antiques. The pages filling up look nice and silver is silver. Plus I get to buy them under the usual [premium + 24% VAT] situation going on with .999+ investment silver. With proper curation of the shopping list, I've even been hitting under melt price purchases!

[@WornArsenic]

I just found out that pre 1965 dimes, quarters, halves & dollar coins are 90% silver about 2 months ago. I started with wanting one of each coin for the historical value but now I’m around $80 face value & 14 troy ounces of buffalos & maple leaves. Now I’m addicted, like picking up $500 twice a week from the bank to coin roll hunt.

[@quarter-py4nr]

My 90 percent doesn’t get offended. It just raises its premiums! Expensive personality complex!! Have a great New Year everyone

[@DS-tt9vz]

Back in the 70's I talked to an LCS owner and he said he would send loads of coins for melt. I asked him about the numismatic value and his answer was he was running a business with overhead and if melt was higher it was sent to melt to have cash available as soon as possible. This was at the time frame the Hunt Brothers had many selling off silver like crazy. Lines out the door with sellers.

[@davidk7324]

Thanks, Speg. I've been watching Brian's videos with Vermillion for well over a year now and have been impressed with his integrity. He consistently advocates for rational approaches to stacking. No doubt because he has seen hundreds if not thousands of folks overextend because of the incessant fear and hype advanced by many PM channels and retailers. Brian is a voice of reason while bringing high levels of transparency to his buying/selling process. I'd never live in Florida but if I did, he'd get all my business.

[@vermillionenterprises]

thank you we appreciate it

[@888strummer]

I'd also be buying from Brian if I lived in Florida. In regard to the video; I've sold 90% U.S. pre-1965 silver coins for about 10 years now; running auctions every week. And without a doubt; the mercury dimes and walking liberties are more popular than the Roosevelt dimes and the Franklins and JFK's half dollars. I'd have to check out his prices if he has mercurys and fdr dimes the same price; I might actually be able to buy mercurys from Brian and sell them and make a little

[@vermillionenterprises]

@@chucknplata2261 we appreciate the biz

[@TheQuickSilver101]

I always appreciate how down to earth Brian is. Thanks for this interview, as always!

[@mrsspegtacular6484]

Thanks for watching 😊

[@vermillionenterprises]

Thank you

[@Cougelly1999]

Immediately after the California fires, I was seeing coins for sale, I swear, they had ash on them. It was tragic. Like the folks who are cashing in to pay for insurance, they sold their coins just to live. I bought a few. That's just another layer of historic.

[@missrhinestone7800]

Don't overextend yourself, that's a lesson I had to learn the hard way when I was much younger. Needless to say, I'm much more calculated with my buying decisions now, which helps me keep my silver for longer after I buy it rather than having to sell it a few weeks later to raise money for food.

[@michaelsizemore1398]

Thank you, I was eating canned beans two weeks ago. Never Again!!! :)

[@dean5229]

Canned chili for 1.97 for as long as I can stack, I will! I'd do Raman for .30 but the lack of nutrition.

[@JohnHuntt]

It was beneficial for you to interview with this fellow. Thank you. You mention the idea when silver gets to be so high that it will go to the smelters. This brings to mind when I was fresh out of high school in 1963 working for REA. My boss come up to me and gave me a 38 special revolver telling me that I am to be a guard for a shipment of bags of silver coins going to the Denver Ment to be melted down for the 1964 Kennedy half dollars. There were heavy canvas bags of silver dimes, quarter and half dollars along with silver dollars. They were piled on skids to be put in reefer cars. If my memory is correct there at least four reefer box cars with floor covered with these skids. I tried to lift one bag. It took great effort for me to do so. My fellow works laughed saying they could see someone trying to steal this stuff running down the street. They couldn't get very far. thanks for taking time to video this. JH

[@turtlejeepjen314]

So excited to see this video here-I have been wondering about junk silver FOREVER!!! I always see lots of interesting things on eBay!!🙂

[@cutlerynovice9305]

My collection of Morgan and peace dollars is on his table, in the cherry wood boxes . Actually was my dads collection . Didn’t want to see it go but property insurance is ridiculous in price. Grateful for your channel speg. Take care

[@vermillionenterprises]

Your father truly put together a great collection, one of the nicest i have seen in awhile, we will make sure the coins go to collectors that are trying to do the same....we appreciate the business.

[@Spegtacular]

You’ll see and hear more about those boxes soon.

[@Cougelly1999]

Geez that is tragic. Wouldn't MS Morgans and Peace dollars values keep way ahead of inflation? Lucky for you you have Mr. V. as your LCS.

[@turtlejeepjen314]

I’m sorry for your dad’s passing. I came to this channel BECAUSE they were looking at a private collection- that’s REALLY cool that it’s you & your dad’s collection- what a great legacy!! My mom recently sold my late father’s massive coin collection all at once…I know my dad would prefer his coins go to people who would appreciate them as much as he did, & get excited about them, rather than my mom hoarding them in my sister’s old bedroom for the next several decades until my SISTER & I to do it!!🙂

[@3B-TM]

I’m frequently in Florida and visit as many coin shops as possible every time. I love talking to knowledgeable shop owners! I enjoy buying and selling 💪😎👍🇺🇸💰🙏

[@Island-v9k]

I'll be coming to see you again soon.

[@neardusk1]

That’s great advice about beginning collections. I just started collecting coins a year ago and I started building albums with common coins in pocket change . As I learned more about the coins I was able to narrow down what I was interested in and now as I advance into costly coins from lcs im more knowledgeable about what they should cost

[@mrsspegtacular6484]

Thanks for sharing!

[@LatimusChadimus]

unstable currency=unstable prices. We didn't sign up for being scammed. 1913 was a bad year for us

[@LatimusChadimus]

@@X9523-z3v not by choice though, it is forced upon us in 1913 was the opening of the Federal Reserve and shortly after was the income tax which again we are forced to pay. It's the same thing with the debt clock that we didn't sign up to pay the debt of our forefathers who wanted to spend currency that didn't exist

[@MetalBum]

@@LatimusChadimus gold silver freedom

[@gerardramirez6320]

Central 🏦 Banks 🏦 came onto the scene. Our Forefathers DID NOT WANT CENTRAL THEIVES in our system also they Did Not want us in other countries business also They DID NOT WANT Bumbles biden as president.

[@bsanchez3563]

@@LatimusChadimus damn.. I figured like.. damn that is evil to think that if that had merely not passed there would be what sounds like no limits of ability to shrewdly imo stack at face value.

[@YoCyrus87]

I was so close to your shop last week I had to go to weeki wachi. I just didn't have enough time. Next time I will for sure.

[@ah5836]

Wow $1950 is a good price these days on a mint state liberty double eagle! I like the discussion you had, it's the debate I have and I want more pre-33 but believe the premium values will likely vanish after this hot period. And FYI, NGC's price on that coin is indeed exactly $2,200, you can definitely quote Brian on that!!!

[@mrsspegtacular6484]

Thanks for watching!

[@andyb8838]

Cash is king right now. I'm a collector at heart so love pre 33. So... Wait for the numismatic value to get removed and then buy at bullion prices. Patience is what's needed. Great dialogue, thank you. Very refreshing!!

[@mrsspegtacular6484]

Thanks for watching!

[@KozmicKarmaKoala]

The beauty of being a collector. We don't behave like lemmings who have no sense of aesthetics for numismatics. Nerdy us ! 🤣

[@Pristineleguano]

Great interviewing skills from both of y’all. Great information and show!

[@mrsspegtacular6484]

Thanks for watching!

[@GhostDiZ]

A long video of stacking and collecting entertainment at a local coin shop, I love it thank you

[@timgunn2538]

Great job and enjoyed the insights of Brian and explanation of pre-33 gold vs. bullion

[@mrsspegtacular6484]

Glad you enjoyed the video!

[@FelixTheCat69]

This video is going to be my go to primer for anyone I try to get into stacking. I wish Brian wasn’t so busy every time I call. I wish you guys had clarified how much value was lost between a cleaned (cull) peace dollar and an uncleaned one. I polished a $20 double eagle gold piece (1896 VF) by mistake and I really want to know how much value I lost by doing that.

[@ghostprepper5859]

Great analogy as the price of constitutional silver is X's 24 unless YOU WANT TO SELL then it's back to spot price minus 10% 🧐🧐🤔😂🤣😉

[@emeraldcoastbullion]

I really have to commend you on your interviewing skills Speg! Very entertaining and insightful!

[@mrsspegtacular6484]

Thanks for your support 😊 he really is a natural

[@Spegtacular]

Hey thanks a lot. I’m just a hobbyist with questions like you all and it’s why it comes naturally.. because it is :)

[@BilgemasterBill]

I'm not really a "stacker" as such--more of a "type collector", but if I were socking away "silver for silver's sake", I might still prefer "Constitutional" just for its numismatic interest, and beyond that I might favor types where no clad variants exist to confuse matters (i.e., Mercuries vs. Roosevelts, Franklins or Walkers vs. Kennedys, and perhaps "visibly dated" Standing Liberties vs. Washingtons). A Mercury will always _look_ like old silver, even to the "unsophisticated", whereas even a pre-'65 Roosevelt too closely resembles any other humdrum clad dime.

[@jedimindtrick8966]

I try to just buy obsolete 90%. Partly for what you said and mostly just because i love the designs.

[@BilgemasterBill]

@@jedimindtrick8966 Still, while I'd drive clear 'cross town to paw through a tray of bulk Walking Liberties, for those similarly-designed or "inspired" Silver Eagles? Not so far. I guess I just like "old" coins...I'm not even super-picky about getting choice MS-whatevers. A nice Extra-Fine will suit me just fine.

[@72cmcinc]

Two of the best on KZbin, thanks!

[@vermillionenterprises]

thank you

[@Quahogstacker]

Thanks Spectacular and Brian . Great video and information. I noticed some Toning in the junk bin . Nice love 90%

[@mateoocampo3165]

Here in the Northern California/S. Oregon area, the dealers buy YOUR 90% for more than generic rounds and 90% halves for more than 90% dimes and quarters. I wish ALL my past stacking was "junk"......

[@jameycollins725]

I started stacking junk silver when it was $10 bucks per $1 dollar face. Those days are long gone!

[@mateoocampo3165]

@@jameycollins725 Yah! About 14$ per troy oz. I kept telling people "silver is on sale! Buy some!". What part of "Buy low" is so hard to understand? But in 2011, it was 50$ per troy oz. That's when people buy. Then it tanked....

[@mipl8s]

If you've never been to the South Brevard coin show in Melbourne, I'd like to invite you. We usually have over 30 dealers and several hundred people attending. Our shows are on the second Sunday of each month (including tomorrow Dec. 11th). I think you'd enjoy it! Mike Smith, President SBCC

[@jedimindtrick8966]

Very neat show. So much packed into the Azan temple.

[@Cougelly1999]

My dad was a member, he loved it.

[@ProjectEric2024]

Always love Brian's videos. Straight shooter. Thanks Speg and thanks Brian!

[@mrsspegtacular6484]

Thanks for watching!

[@mikeoneil5770]

I love Constitutional Silver, and I always buy any Morgan’s I can find for $32 or less, and I buy all Peace Dollars I can find at $25 or less, in addition to keeping several hundred Dimes onhand in the event we ever revert to a barter style economy in difficult times..

[@ksteege120]

I prefer mercury dimes to Roosevelt dimes, and prefer Walking Liberty & Franklin halves to Kennedy halves, simply because you will immediately know they are 90% silver without having to check the date.

[@jedimindtrick8966]

And so pretty

[@Cougelly1999]

Jedi Mindtrick, I think the Walking Liberty half with that beautiful eagle reverse is just a work of art.

[@robnewlee1787]

Mr. Brian said that $40. oz. silver would go to the refiners! Makes me sad. Never thought about that. Can't replace an obsolete coin, so I''ll probably just hang on to it for the grand babies. Thanks for the eye opener video.

[@jackjoshlin8030]

Louisiana is impacted by the home insuarce debacle also. this year more that half of the policy writters dropped people in the middle of hurricane season.

[@vermillionenterprises]

that sucks

[@blancamagada1087]

YES, better to invest constitutional coins..gold and silver..it is precious metals ..

[@augmanok131]

I rent 4 houses and the county assesor and insurace company raiaes there rates every year! It sucks because I have to raise the rent. The government is not your friend.

[@tonyprice2256]

Th 'government' never was our friend, nor will is ever be.

[@MstrHuhhhh]

Thank You for being honest and transparent

[@davidmeek8038]

I take "junk silver" as payment for service rendered right now. Basically dimes are $2.50, quarters are $5.00, halves are $10.00 and dollars are $20.00

[@tonyprice2256]

You should probably get more like $25 for the dollars

[@zittilover]

Outstanding Video, very informative. Thank You!

[@mrsspegtacular6484]

Thanks for watching!

[@jerseybuzz1265]

I love pre 33 gold the most.

[@MrSymbolic7]

My point of view on pre-65 Silver is , if you want to call it junk great , but like the Coin Dealer said if it's junk you should give it to me or throw it in the trash , because that's where junk belongs ! Basically it's a by gone description that people just can't let go of , because the value that's placed on pre-65 Silver today is huge and I firmly believe in the coming decades that " junk silver " will no longer be used as people realize it's actual value .

[@dukenukem001]

love the vermillion vids ... thanks again!!

[@byteme0000]

It’s “junk” silver in that it has no numismatic value. In other words, it’s junk from a collector’s perspective. Its “only” value is its intrinsic value (from the metal content)… and that of course is the only value that matters to those of us who stack.

[@Scoondog]

What’s interesting is that they say about 80% of junk was melted down if that’s true some common dates now can be key dates but very hard to determine that

[@ricardosmythe2548]

That's right in the traditional sense but I think trends are changing personally. There's a lot of collectors/stackers who hold junk silver as a part of their collection/stack these days.

[@sidneybutler3902]

As always it's been a pleasure

[@mrsspegtacular6484]

Thanks for watching!

[@littleredpony6868]

When it comes to dimes I prefer mercury dimes, not only because I like the dimes but it’s also easier to distinguish from the non silver dimes than the Roosevelts. Same reason that I prefer the walking liberty halves and Franklin halves. As for the quarters most of my 90% are washingtons since my LCS gets very few of the liberty quarters

[@jeanmader2302]

I was told my LCS is out too. I love dimes, even non silver ones. They are so delicate, and shine so well. I think I could fall in love with Mercury dimes, but they're prettier tarnished. Isn't cleaning coins a no no?

[@tonyprice2256]

@@jeanmader2302 Yes. Cleaning coins is a no no. But the declawing of cats is even a bigger no no.

[@jeanmader2302]

@@tonyprice2256 AMEN to that...pain on steroids is what it must do to the cat; it makes me shiver to even to think it.

[@maxf7351]

You guys are really helpful to a green hunter. Thank you

[@oldmanjenkins771]

Hey it’s vermillion I like his content.

[@ferebeefamily]

Thank you gentlemen for the video.

[@mrsspegtacular6484]

Thanks for your support!

[@goldcic]

I can only lock in a price over the phone (whether it's up or down) for 45 minutes. 😂♥️🙆🥳

[@agwillie2790]

Mercury Dimes are a bonus because every one made is guaranteed to be 90%. Unlike Roosevelts there’s no guessing about it when the shtf.

[@Spegtacular]

Regardless you must look at the coins. Whether you look to see the image of a Mercury dime or you look at a date, there’s always the need to see.

[@richardlovett4958]

My lcs owner told me last week that a lot of people are selling a bunch of junk silver and some gold. He said this worries him

[@jimeverson9155]

Regarding the premiums why do dealers typically only buy junk coins at spot price and not willing to pay a premium to buy coins ? I feel dealers take advantage of their customers when buying only at spot and reselling at such high premiums……

[@Spegtacular]

They don’t. I’d highly recommend you watch the full video and others like I’ve shown from Brian as buying this way is not happening even from online dealers.

[@michaelm7843]

Speg! Another interesting topic and interview. Thanks.

[@tucsonbubba1574]

Thank you Speg.

[@mrsspegtacular6484]

Thanks for watching!

[@SgtMajorUSMC]

Hello Jesse the old man here had to fall and break his hip very painful so now I can catch up on videos take care buddy

[@mrsspegtacular6484]

So sorry to hear that! Praying for a quick recovery. Thank you for joining us!

[@Spegtacular]

Aww man are you serious James? Be well and take it easy. If I need to make more videos for you to watch while you’re on the mend, let me know.

[@Spartan_AG_999]

Great video! Great information! I wish I still lived in Florida I would would definitely visit this shop! Keep stacking 🤘

[@danavipuzzles7308]

I actually love the toned worn look on 90% silver. What I don't like is when the coins get too worn out where the rim and parts of the design get worn down, especially if they are paper-thin slicks. That is why my favorite coins are in the F, VF, and XF grades. I even prefer them over AU and BU coins.

[@shilver101]

Great interview words of wisdom for sure......years and years ago My LCS owner told me to stick to gold, and not buy silver. He advised you are always going to lose with silver he told me regardless of the silver generic or premium he would never pay over spot price regardless of what type of silver. I have purchased some silver throughout the years but mainly stuck to gold.

[@markl1733]

One thing I don't understand. The supply of gold and silver bullion is not limited. I'm reminded of the old Jay Leno Cheetos commercial where he says "Crunch all you want, we'll make more." Meanwhile the supply of 60-120 year old gold and silver coins is finite. Even in junk grade, there are people like myself who are willing to buy certain coin types or dates when we can afford it even if we get a tiny amount less precious metal than for collectable grades or standard bullion. Also in a crisis, the government may once again decide to ban private ownership of bullion whereas they can't ban actual legal tender coins. Furthermore, for anyone wanting fractional coinage for barter or whatever, the premiums on old dimes or quarters are generally much cheaper than 1/4 or 1/2 oz bullion items. So if the price of either metal was to shoot way up, I get it that the general public would be wanting to buy bullion because they know virtually nothing about junk coinage. But after those sales had been made, wouldn't there still be other stackers who were eager to buy junk coinage at a low premium just above melt? Why wouldn't a dealer choose to send his unsold non-collectable and replaceable bullion to the melt before sending constitutional coinage? And wouldn't a melter prefer to deal with .999 fine metal instead of having to separate out the different metals in 90% configuration? Please explain.

[@adamwhitacre8144]

Personally, while I agreeing there is a "numismatic premium" on Pre-33 I don't believe that premium will ever be completely wiped out. Innately the coins have a historic value and are MS (or high AU) compared to "junk silver" which is always very worn or incredibly common. The premiums definitely did get ridiculous but have come down pretty nicely. $1950 for a $20 Lib is a great price. Only 6% premium for something in that nice a condition over 100 years later. It's not in "MS condition" because it was taken straight from the mint and encapsulated and never touched like all bullion.

[@gerardramirez6320]

Great info 👍 Thank you Guys.

[@fu4616]

"Junk Silver" terminology goes way back. It used to refer to ANY silver product that was less than 92% pure. Sterling is 92.5% silver.

[@theimpaler2317]

36:59 what do you mean 2022 is going to be a very interesting year?

[@powerofgod2232]

The problem is businesses seek this ridiculously high.

[@SelfRescueSurvival]

The problem with junk silver is that it is not marked as silver, so most people will not know or believe it has more value than face value, very risky for barder or shtf scinerios, ask some random person what a silver dime is worth and your answer will be 10cents almost every time

[@SelfRescueSurvival]

Also, I can get new silver eagles for cheaper, wtf would I buy old junk silver for more, its crazy. If it was cheap than I am all over it but dang this junk is just junk in my book at these prices!

[@bossmanboss3087]

But tax will get you on sliver so if you're retiring make sure you don't forget to pay your taxes You know Uncle Sam has to have his

[@OldMajor]

Great Interview and Information... Thanks!

[@brandonkirsch1745]

I have a question. Why doesn't anyone call Barber Halves, quarters, and dimes junk silver? Is it because to high of a premium, too little of them out there or a combination of both?

[@Colorado-Luke]

Great video sir!

[@sunshinestacker5235]

I just bought X30 $10 libertys because you will not be able to find pre-33 in a couple years

[@allthingssilver7635]

Peace dollars are my favorite to collect.

[@mrsspegtacular6484]

What’s your favorite peace dollar in your collection?

[@COINSHOPCHRIS]

Don't over look the 40% just hear me out. Noone wanted 90% two years ago. Now most do. People thumb there noise at 40% . People when silver gets to 85.00 the 40% will melt over 12.00 each. If all stuff hits the fan you he happy you had a few rolls. I not saying stack a bunch I am say stack a few rolls .

[@akgoldbear7669]

Great video👌 Lots and lots of coins 🙂

[@brucemullis479]

I want some culled gold coins. Those don't seem to pop up.

[@vermillionenterprises]

its true, they rarely do

[@carlwomersley4016]

I'm in uk ....it used to cost me £180 per 3 months..now its £860 every 3 months I cannot afford to even turn my gas on...I'm thinking of getting it capped ....iv bourt a few electrical fires to compensate my 1 bed 1 room 1 kitchen bungalow to just electric......I cannot av my belongings or me going moldy or me dyeing ov the cold whether because iv ad newmonier twice in past I cannot stand the cold...hope are governments help us out as they av done 4 this first payment 4 times over my old bill...I'll av it capped the GAS I MEEN N WASH AT MY MAM N DADS HOME JUST SLEEP THERE AT MY HOUSE BE AT MY FAMILYS THROUGH DAY....HOPE WORLD GETTS BETTER 4 US ALL...GODBLESS UK N USA....

[@Scoondog]

So old boy is selling junk for slightly under 20x is that right? Which isn’t bad that’s what I’ve been buying it for with no regrets

[@jjsmith2200]

Great Video and Content learned so much. Thank You

[@nolove332245]

Today's prices what's a good sale price on quarters and dimes?

[@SkywalkerPMs]

Visited Brian today! Got me some gold!!

[@vermillionenterprises]

we appreciate the business....thank you

[@SkywalkerPMs]

@@vermillionenterprises It was my pleasure Brian. You were busy, but quick and professional. I will be back!

[@trp2413]

It’s Brian 🎊 🎉

[@leftyfel7544]

I like the gold coins you bought ,

[@mazdafiero112]

Yes this is why I buy 90 percent every chance I get. I can't have enough.

[@borisbuliak3626]

Speg love this vids on site. The more the merrier

[@judyvondergathen6818]

What if the coin has what looks like black tar covering the whole front of the coin so you can't see the date or anything else? What about the quarters you get stuck with that look like they were run over by a lawnmower? I wouldn't be asking if I hadn't come across them.

[@bsanchez3563]

Of you can be good at quickly knowing and learning how to quickly buy small amounts of silver I think I would imho that is.. be kind of def buying if I had a store nearby that I know sells just pre 65 coins. Especially for timing as a hobby.. kind of like how I like to do with copper hence I well and for just for ig sentiment or sentimental value ig fwiw of one gallon ziploc bag of bare copper wire in my room fwiw just like back when I was doing at random every occasional not often but ueah scrapping of sutff.

[@bobsilver3983]

I bought a good amount of 90% at spot price from a guy that had an ad on Craigslist 4 or 5 years ago...at that time 90% was selling for spot and dealers had it just slightly over spot....why is 90% so expensive right now?

[@6handicap604]

Simple supply and demand. The premiums have fallen by about 50% in the last month. With the holidays and economy, people are selling more than buying. Several months ago, people were buying more than selling. Premiums react and change much more quickly to demand than the spot price does.

[@Scoondog]

It also seems to me that most people that are buying junk are holding on to it and not selling or that’s the way it seems

[@ah5836]

people are buying gold right now and not selling. If you're just interested in bullion gold, brand new stock is always coming on the market from mints and refiners to satisfy demand. Pre-33 gold only comes on the market when individuals decide to sell. Low supply, still good demand, prices go up, and people have a belief that pre-33 gold will retain their premiums, we will see.

[@BpMetalMilitia]

Outstanding Speg 😊

[@melast7937]

Spot price should be your indicator when you should buy

[@dougdrummond9341]

Couple months ago the gas station in Utah posted on the pumps two 90% silver dimes per gallon of gas. I bet he got a lot of silver accumulated by doing that

[@trp2413]

Bet nobody took him up on it. People don’t to sell right now.

[@MetalBum]

Nice one speg. 🎉 love constitutional.

[@bsanchez3563]

Oh damn I never thought of taxes being a thing for buying metal.. but fwiw ig because of the fact it is not fopd letalone unpreppared food. So naturallh ig it makes sense.. lol or cents

[@tedrowland8672]

A city metro lawn mower salesman talks about lawn mowers..should you buy one?

[@dennisjones-ex6xi]

There is approxemently 10 times more silver than gold on earth. Thats all the math I know.

[@tonyprice2256]

Yes.

[@dcjones3937]

i tell people i stack junk,but i don"t say silver.

[@doepender3570]

The premiums are still ridiculous, at the time of this comment this video is 4 months old and even then I don't know how he can say the premiums were coming down they really didn't that much

[@KozmicKarmaKoala]

Wasn't it the banker scammers that called it "junk" ?

[@dennisjones-ex6xi]

The dollar certainly Is rigged in my view. However There has been massive amount of silver used latly. And gold could be at a much lower price than it is temporaly. What do you think? Brian

[@tonyprice2256]

Yes. The USD has been rigged since 1913. It has lost at least 98% of its buying power since then. If you took all the USD cash in the world and put it all in one pile, the pile would be massive, but it would only represent about 3 - 5% of all the USD in circulation. The vast majority of our 'money' is just numbers on computer screens bouncing around electronically. All new 'money' that is created, is created out of nothing by just a few key strokes.

[@lukef5370]

I get all my 90% hunting. I'll never pay extra for something I can get for face value. I do not buy it. I don't blame the shops for sell it at high premiums, but I'll never pay a pre on any 90% or even 40% for that matter.

[@timothychapman269]

Were are you finding silver coins? From my observation it would take forever to grow your stack.

[@lukef5370]

@@timothychapman269 I coin roll hunt and yes it's very time consuming, I don't just stack 90%. I purchase bars, coins and rounds too. Also when I was little my mom would bring me home old Morgan's and peace dollars, half dollars that people brought into her bank... They'd bring cans of coins in to trade for dollar bills and she would just buy the actual silver coins, the bank didn't lose any money and my mom would bring us home the coins. I didn't get too many from her but I have some 1881s from her that I kept in pretty good shape. So not only do I coin roll hunt I have another way to get them way cheaper than shops, but if I told people how I wouldn't be able to do it anymore because everyone else would do it too. I don't have a ton of 90% and the majority of my stack is other silver, but I refuse to pay those stupid crazy premiums on 90% stuff. If I want to acquire more 90% I will work for it.

[@timothychapman269]

@@lukef5370 thanks for the answer

[@jameycollins725]

That is cool but your 90% percent stack will never grow. For me, an ideal 90 percent stack is $1K thousand face in each denomination (dimes, quarters, halves). It would take a century for me to grow it by just coin roll hunting. Of course, you probably stack other stuff and don't mind having a a very small junk silver stack. Peace out!

[@silvercobra0923]

I'm a HUGE fan of " junk silver " ! as a limited resource & the price of silver & copper increase shouldn't that be a double dip of success ?

[@pccoinstar5911]

great video 👍👍👍

[@mrsspegtacular6484]

Thanks for watching!

[@Chois_Collectibles]

I'm curious if junk silver is still worth stacking, given the current silver prices and high premiums on those coins compared to other silver coins or rounds. What are your thoughts? Thanks for sharing your expertise!

[@SilasMarnerAuAg]

when i’m going through the junk bin, i still avoid anything that looks cleaned. i’d rather have it toned even if it’s black. i just hate cleaned coins even junk. i can’t be the only one that would pass over it. so, i think it hurts to some extent

[@Cougelly1999]

Very few of the pre-64 coins I have have been cleaned, which I'm really glad for. I keep them (for instance, the mercury dimes) by year in paper rolls from the bank, and lately I've been wondering if those paper rolls are safe for storage over extended periods. Any opinions on this? And that makes sense that mercury dimes were more valuable, since they are older and excess numbers have been melted? Yay!

[@KozmicKarmaKoala]

@@Cougelly1999 It would be amazing if we could banish the AIDS that corrodes society and we could have Mercury dimes dated 2025. Dreams are free.

[@jameycollins725]

@@Cougelly1999 paper coin wrappers are totally safe for your junk silver! I inherited a bunch of old junk silver coins and they were in very old wrappers! I looked through all of them and all the coins were in good circulated and minimal natural toning. Copper pennies/cents on the other hand should not be kept in paper coin wrappers.

[@jameycollins725]

I also totally avoid cleaned junk silver coins. They look horrible. Most junk silver that I get is normal circulated. It is always when you pick up an order, where there is always the one or two cleaned 90% percent coin. I throw the cleaned coins in with the culls.

[@Cougelly1999]

@@jameycollins725 Thank you, Jamey, for your prompt reply! Happy Holidays!