It's crazy to think that coins at one point in time in the passed 100 years were actually presious metals. So authentic and it's sort of like a fantasy. Today everything is fake, even the people are.
@alanahenderson60303 жыл бұрын
So true lol.
@why62123 жыл бұрын
Yeah I was surprised how it felt when I got a silver eagle. It was like back when I was a kid and held a $20 bill for the first time. I realized that over time I've grown to accept currency as intrinsically worthless, but silver is different.
@Aus10McNeal3 жыл бұрын
Yeah, but back then it wasn't worth what it's worth now, maybe in 100 years paper will be worth a lot and people will be amazed we traded it to each other for goods/services.
@ken769182 жыл бұрын
@@Aus10McNeal it was valuable back then, the difference was that the currency was not deflated like it is now. One of the reasons for going off the gold standard was so that the fed could manipulate our currency. If we had stayed on the gold standard a dollar would be worth what an ounce of silver is worth now.
@aaronwilliamson40452 жыл бұрын
Lots of fake today, but Jonathan there are lots of good people as well, like yourself.
@captaincoyote17922 жыл бұрын
I liked that “thooonk” sound, when you set that 20 ounce bar down! Thooonk! I don’t want any collectibles…I have too much of that now. I want to touch (with gloves, of course) the coins….to be able to truly stack them. I really enjoy your videos, amigo!
@mygremlin13 жыл бұрын
I stacked U.S. silver dimes. If I have to trade silver for goods I can make change.
@mg-Q173 жыл бұрын
I think you'd be more likely to use your change in a change jar. Copper is commodity money of today. Your silver is now going to be like gold.
@michaelxwhite3 жыл бұрын
@@mg-Q17 agreed
@Stax-ht9md3 жыл бұрын
I've started saving silver this year due to concerns over all the money that is being printed. For that reason I like the constitutional silver. Denominational coins are a great option to fall back on, and will always have value regardless of which way the wind blows.
@snickle19802 жыл бұрын
😁 Grats on your new Silver obsession. Now that it's been roughly ten months since the beginning, I'd like to know how it's going for you. I'm an old silver hoarder from 2005-6' ($12.50 per oz+$2 premium) and I'm always curious to see how others deal with the first ups and downs. 😐Your first year appears to be a down year. That would be a serious "filter" for most people. Did you sell your stash in disgust as the price dropped or did you survive and add to the stack? I've had to start completely over at around the same time (2020-2021), so we're sort of at the same price point, regardless. I just picked up 9.4 oz's for $300 but i still have a long way to go in order to regain my former glory. At the height of my empire, I was sitting on 933 troy ounces.😁
@itscommonsense31283 жыл бұрын
Since I started stacking couple months ago, I have bought all from local coin shop. Super nice guy. Just made it to 💯 oz last week.. plus a few silver dollars and such. He also told me better to buy the silver dimes for fractional instead of the fractional
@reaperundergroundexplorati22323 жыл бұрын
Way cheaper, look at the price of 1 gram silver bars vs a roll of pre 64 dimes. 1gram of silver will run ya around $5 per gram (roughly) . The dime will have 2.25 grams of silverwith a price of $2.10 per coin.
@patriotares2 жыл бұрын
I'm getting pre64 dines for $2 each
@tommykirwan67644 жыл бұрын
Most of the info you give on your videos I've already heard before. But I ALWAYS learn something new, and I like to be reminded of that which I've already heard - but may have forgotten!👍👍👍
@SilverSeeker4 жыл бұрын
Thanks Bud!
@SilverSeeker3 жыл бұрын
@Silver Dynasty Well to each their own my friend... thanks for the comment!
@GEMtrustNET3 жыл бұрын
Today it's not about return ON capital. Today it is about return OF capital.
@Ryan-sl2oe3 жыл бұрын
I wish you'd mention how rounds have a ridged edge so they can't be shaved. This is an ancient security feature because not everyone had access to a scale when making a transaction. This is a feature that makes rounds superior to bars.
@snickle19802 жыл бұрын
Are you trying to tell me that With some knowledge and dedication, I could buy a ten ounce sunshine bar, shave off a small fraction, then sell it to my local dealer, rinse and repeat? I think I'd run into trouble doing that...Perhaps with a poured bar, but at this point, we know he's going to be using a scale. 😐Perhaps this scheme worked better in the olden days of yore. Do you remember the days of yore? Good times... and noodle salad. At the moment, I'm picking up whatever Mr local dealer happens to have. I'm in a tourist town, so there's like...one _REAL coin dealer_ and at least 15 "We buy Gold" shops posing as coin dealers. 😁 This paycheck with spot at $24.15, I managed to snag 8 SD Bullion rounds at $29 ea. I also grabbed two silver dollars at $34 ea. One shiny peace dollar, and one non-cull Morgan 1884. Good price on the Morgan. $300 total. Makes me miss 2006 prices. 😑
@Ryan-sl2oe2 жыл бұрын
@@snickle1980 if the currency collapses, our society will be similar to "the days of yore" when we are using silver as barter. I personally will trust a round over a bar. Not everyone has the means to test silver. It's an added security feature and its easily dismissed by people who lack foresight or who stack silver as an "investment". I think its important to remember why we stack silver to begin with and not be so dismissive of the things that have worked for centuries.
@snickle19802 жыл бұрын
@@Ryan-sl2oe Unintentional dismissiveness. No worries. It's a good feature, no doubt about it. Always good to pass that on. I try and snag a little bit of everything, aside from numismatics and semi-numi. With the latter, you just never know early on what will happen. These days, a currency collapse is no longer out of the realm of possibilities...Officially, the care-free days seem to have ended circa 2020, eh? The number of counterfeit rounds being sold is up significantly since the last time i was stacking...2006-2011. At the same time, I'm buying my rounds from my local, so...Trust isn't really an issue. Still. When i can get a moderately decent price, I've been leaning more heavily into coinage this time around. Just to have some more interesting pieces.
@VaporeonEnjoyer13 жыл бұрын
I want to be a silver stacker, but I'm just so taken in by the beauty of your silver eagle proof, or the history of something like a great condition 1890's Morgan dollar that has passed hands god knows how many times over close to 150 years and I find the collection of history over the profit motive. I need to get into a place where silver stacking subsidizes collecting.
@carlchilds37413 жыл бұрын
Excellent video. Very glad you did a video on the types of silver with advantages and disadvantages. Yes this video helps new stackers.
@hetty434 жыл бұрын
I do like those buffalo coins. Very hard to get in uk. We are under house arrest so can’t go anywhere. In uk silver Britannia’s from Royal mint easier to source. Those buffalos and silver dollars look good though. Greetings from uk.
@raikou254 жыл бұрын
I’m from the U.K. too I really want the silver eagles but they are extremely difficult to find right now compared to other coins
@Userhfdryjjgddf3 жыл бұрын
House arrest over the flu??? Hahahahahhahahahahahaha
@hetty433 жыл бұрын
@@Userhfdryjjgddf yes I agree. However that’s what it’s like to live in a modern day dictatorship.
@qcontinuum5143 жыл бұрын
Silvertowne or Apmex
@qcontinuum5143 жыл бұрын
@@raikou25 Apmex or JMBullion have silver eagles.
@lisabibby62743 жыл бұрын
Great content in this video, very helpful information,.Thank you it's much appreciated especially for a new stacker like myself.
@coinholio68633 жыл бұрын
I bought some circles today at +4.
@BaltimoreColt3 жыл бұрын
Great video. Very informative. After stockpiling constitutional silver for a year or so, I'm currently working on my ASE stack. I coin roll hunt too and have been doing well with that lately. Can't beat getting silver for face value!
@johnhenry32563 жыл бұрын
Brilliant information. Invaluable for new stackers. Thank you 👍
@petra92443 жыл бұрын
Thank you for mentioning who to buy from. Been purchasing from JM Bullion, glad you mentioned them by name.
@papatonyward26153 жыл бұрын
Sometimes their prices are a little high! I prefer APMEX.. you can start a free account with them and it will keep track of what you have bought , list the price you bout if from them for, the the price it’s worth’s it goes up or down and they have a huge selection of everything! And no I don’t work for them just passing info on!
@petra92443 жыл бұрын
@@papatonyward2615 Thank you for the information! I've been buying copper as well but they are almost always out of stock.
@papatonyward26153 жыл бұрын
@@petra9244 that’s funny you say that, I was a coppersmith years ago! Made lanterns and Weather Vanes! I worked for somebody else! I don’t even know how much the sheets of copper cost but they were the size of a sheet of plywood! Not cheap I’m sure!
@petra92443 жыл бұрын
@@papatonyward2615 Holy cow! That's a lot of copper. I've seen the prices of it going up a bit. I can't imagine how much that would cost! Wonder if its going to keep climbing?
@papatonyward26153 жыл бұрын
@@petra9244 who ever really knows! I’m sticking with the silver tho! 😁
@vittoriogomez8179 Жыл бұрын
Great breakdown. Thank you.
@papatonyward26153 жыл бұрын
My personal favorites are Kennedy’s and Franklin’s... at least with the real coins, some are worth much more to collectors! Some more Rare then others! I really like old Canadian coins! I seem to have started by looking at ww1 era Canadian Nickles and dimes! They are beautiful coins. Then I started collecting all the years in silver! Some are .925 and then went to .800 ... but I love them!
@donaldmartin93943 жыл бұрын
Love my Buffalo's and my Constitutional. I'm in it for the weight.
@sovereignlivingsoul Жыл бұрын
really good video, convinced me to buy coin rolls to go hunting, thought roll hunting was for collector, but stacking constutional silver sounds like a good idea.
@jackienewson77112 жыл бұрын
Thank you silver Seeker that helps me out a whole lot to choose what's best to stack for me appreciate your Channel
@kenbabauta58322 жыл бұрын
love this video i like the 10 oz bar
@Saints-t4c3 жыл бұрын
Thanks again for sharing another great video 😊👍🏼 Lots of Love Bobbi 😊🙏🏼
@chucker6252 жыл бұрын
One more thing to consider is sales tax. Different states have different laws regarding taxation on the sale of sovereign vs generic silver. In my state, any "sovereign coin" is subject to sales tax ("coin" defined as "anything that has been or could be used as legal tender"). But, generic silver with .999 purity or better is NOT subject to sales tax. So, at today's prices and premiums - I can buy 200 oz of Sunshine Eagles (generic) for about $5,100 shipped whereas 200 oz of Silver Eagles (sovereign) would cost me about $6,900. So, basically, I'm giving up the first $9.00 of silver spot increase just to make up the gap in purchase price.
@sthieman58603 жыл бұрын
Another good video! Sign me up for some of those $24 silver eagles.
@hdtwal1den4 жыл бұрын
One thing to think about: If and when silver goes parabolic ($100 oz?), there will be more counterfeiting. No one will be able to counterfeit 90% very easily. If they do, it'll be pretty easy to tell.
@billhollywood38094 жыл бұрын
Great video keep buying
@gamenightwithjamiibo3 жыл бұрын
I joined your cool stack subscription box. Can’t wait
@pranksterguy13 жыл бұрын
Sunshine has the SI Security mintmark on reverse.
@jeff.0-34 жыл бұрын
Interesting and informative video. I was unaware about using .715 oz/ dollar when dealing with constitutional silver. BTW, I also keep my constitutional silver in a Crown Royal bag!!
@jvan54153 жыл бұрын
Thank you for your wisdom. Great help!
@thetobaccoguy17512 жыл бұрын
It's amazing how expensive consitutional silver is now. Just 5-6 years ago, it was looked at as inferior and was about the cheapest stuff around.
@thetobaccoguy17512 жыл бұрын
@Not Me I know! Glad I stacked it early on. My first big silver purchase around 2012. Around $150 face in dimes and quarters. I amassed probably around $400 face total in those first years.
@celeriacmarcus3 жыл бұрын
Silver Eagles and quarters. They're the ones that increased in price the most.
@RiceaRoni3543 жыл бұрын
Why - novice asking
@krublee2 жыл бұрын
thank you for video!! I’m new to silver stacking 3 weeks. Kathy in Alaska
@jacquelinecallejas13903 жыл бұрын
When I was a little girl I had a piggy bank completely full of mercury dimes. Acquired as actual dimes so I didn't have to buy them. About 10 year ago a thief broke into my apartment and in addition to a lot of other stuff stole the piggy bank and an 18 karat gold chain over a foot and a half long and ridiculously thick (made Mr. T's gold chains look puny)my dad bought in South America in the 1950s. It really hurt.
@slloyd40313 жыл бұрын
Hang in there
@Userhfdryjjgddf3 жыл бұрын
Gotta keep that stuff hidden at all times. 2 years ago all I had then was 300 oz of silver. I kept it under the bottom drawer in the kitchen. Pull that thing all way out and there's a space there. Anyway. Someone broke into my house. They took the game consol and some stuff but they didn't look there and find my silver :)
@fromontario69543 жыл бұрын
I wonder if the crook knew the dimes were silver?
@pedrowhack-a-mole67863 жыл бұрын
I concentrated on 1964 Kennedy halves when I started stacking. Over 400 million were made for that 1 year, the vast majority were hoarded for their silver content so very few show any signs of wear, and they remain the best value for the condition of all Constitutional silver coins. I also stack Washington quarters and Roosevelt dimes to have smaller fractions. Silver dollars all carry a numismatic premium because they were all minted prior to 1936 so they are a poor choice to stack. American Eagles and Buffalo bullion coins are so popular that they carry a ridiculous premium and that's why I won't stack them. If you really need quantities of gold or silver in your "collection" or hoard, rounds or bars from a reputable source are the way to go.
@SilverGram3 жыл бұрын
I have dimes and half dollars too. Not as many quarters. I've kind of given up on ASEs for the time being. Premiums are insane right now.
@TheWarnickthree3 жыл бұрын
Sorry I am new to stacking, but can anyone help me out what is a numismatic premium? And would you guys suggest stacking a mint silver ounce or what should I go for first?
@pedrowhack-a-mole67863 жыл бұрын
@@TheWarnickthree Numismatic premium has to do with the collectability, rarity, and/or condition of a coin. Kennedy halves don't have much of a numismatic premium because they are so common, even in uncirculated condition. A rare coin in fair condition can demand a high price because there are so few examples.
@TheWarnickthree3 жыл бұрын
Thank you I have been getting some rounds from a guy here that is local to me and I am pretty sure I am paying a high premium, but I am not selling them any time soon. Thanks for the information on stacking and if you come up with any other helpful tips for me feel free to let me know.
@Mr3016able3 жыл бұрын
I've just started stacking, thank you for the info.
@greyshadow94982 жыл бұрын
I tend to do all of the above. Junk silver is great because it can be had cheap, and if you're patient enough to sort through it you can oftentimes come up with a coin or 2 of collectable value. Plus the variety of sizes you'll usually have just what you need. I have the usual stack of ASE's that everyone has, because they are always an easy sell. You'll never have a problem unloading them. Mostly I have generic rounds (mainly Sunshine Mint because of the Mintmark SI security feature, but I also have Apmex and Scottsdale as well) And of course Apmex 10oz stacker bars. Generics and bars are all vaulted for security and mainly used for investment and buy/sell/trade
@CSM-682 жыл бұрын
I was born in 1968,. My dad taught me at an early age, early 70's, to check your pocket change every day. Back then we would find multiple silver coins in every pocketful. By the 80's there were fewer and fewer. To this day I still check all my pocket change and I average 1 (one) silver coin (dimes mostly but sometimes a quarter) a year. But I still check. If I were in banking or a cash business that dealth with coinage I would check that as well.
@greyshadow94982 жыл бұрын
@@CSM-68 1972 here, and yeah we always checked our change for silver's too! Probably what got my start.
@jamesbrey17193 жыл бұрын
I just bought a silver eagle Friday for 37.05 !!!
@BizAndProductReviews2 жыл бұрын
Do you have a video where you talk about the best places to buy silver? Where do you buy most of your silver from?
@RiverRatSurfers3 жыл бұрын
Perfect. Just what i was looking for
@jeffcorbin99673 жыл бұрын
New to your channel and I really appreciate all the good information you have posted. I have decided to focus on certain rounds and coins. Just don't want bars at this time. I also don't see the allure of poured silver, will need to do more research.
@donaldbaker87293 жыл бұрын
Just really good information, Have never purchased a generic Buffalo but will now... Stacker and Collector... Always Purchase Silver Coins backed by a known Government... ASE, Perth, & Love my Canadian Maple leafs...
@narcisovizuet2 жыл бұрын
Great video thank you
@Tronzie3 жыл бұрын
Very informative video. How about Maple Leaf? I have read those are very recognizable worldwide and are .9999 pure silver. I am just curious if that one could be worth more than an Eagle in your opinion? Also how easy is to sell?
@welshscott78334 жыл бұрын
please do a video on 2, 5, and 10 oz silver coins/rounds
@jimmyschannel50943 жыл бұрын
Great and easy to follow video!
@richardmetcalf23463 жыл бұрын
Another way to figure the amount of silver constitutional is one ounce per $1.40 face. I like constitutional and Britannias right now.
@toddmaccallum58243 жыл бұрын
Very informative. Thanks.
@pearllopez4752 жыл бұрын
Appreciated your info!! Love silver!!, 😘
@myrnalittell81552 жыл бұрын
What is the advantage of buying directly from US Mint vs trading companies? Buying bullions vs premium coins?
@ClintonGalton2 жыл бұрын
Great video my friend!
@amyduquette19233 жыл бұрын
Thank you for the info
@Cache734 жыл бұрын
Great video, alotta info, thanks for sharing.
@TheMitchG3 жыл бұрын
Good Video man keep it up
@jairosambula37073 жыл бұрын
I stack gold silver and copper coins and everything else that it has intrinsic value. By the way you had mentioned that the silver eagle is a legal tender you can pay with because is money likewise you with your silver dimes quarters half dollars as well.
@Aus10McNeal3 жыл бұрын
I like to imagine a shtf situation, where constitutional silver is traded for everyday goods, while eagles and bars are traded for services or big ticket items. Guns, ammo equipment, cars, etc.
@anonymousAJ2 жыл бұрын
If SHTF I think 999 silver rounds are the most likely natural currency, probably trading at par for silver weight vs smaller constitutional denominations, with larger transactions in a complete mix of gold, platinum, palladium, etc. I think the modern free market is just about ready for true multimetallism
@davidcanary602 жыл бұрын
The price over spot is driving me crazy it is insane
@jackbartlett54603 жыл бұрын
Back in 1973, during the "oil crisis", the price for gas doubled or tripled in some markets. At that time there were a couple of stations that sold their gasoline at the "old" price; if you paid in silver coin!
@mth4693 жыл бұрын
interesting...
@christisking15762 жыл бұрын
Nowadays the zombie horde would rob those stations. Unchecked crime will undo the SHTF silver trade.
@jackbartlett54602 жыл бұрын
@@christisking1576 Not at first.
@jamesshriver48222 жыл бұрын
@@christisking1576 that’s when we break out the “silver” bullets.
@TheGreatest19742 жыл бұрын
In britain our silver spot is £18 per ounce and the premium is at least £12 so we can’t buy an ounce of 999 for less than £30.
@learjianliang62923 жыл бұрын
good point about the premium. the price = unit silver price * weight + premium. if you believe the price in the future will be sky high, to stack as much weight as you can with you limited money. this is going to help you avoid the premium.
@drew-shourd Жыл бұрын
Cool video, thanx for sharing it. May I ask you your opinion on the 1922 PEACE silver dollar coins? Value now and possible future value, thanx.
@neilspadanuta38713 жыл бұрын
I love my 64 Kennedys Clean and all New looking I have the .9999 buffalo too nice
@tallicafan85 Жыл бұрын
I like to stack kookaburras. Those go way up after a few years. Some go for big prices
@edstewart3673 жыл бұрын
Not sure why you would buy a Silver Eagle over a Canadian Silver Maple Leaf. The Maple Leaf has a smaller premium (Cheaper) and it has a higher purity 99.99 pure compared to 99.9.
@alanahenderson60303 жыл бұрын
Such a great video. Thank you :)
@nick5403 жыл бұрын
In Canada it’s harder to sell 80-90% silver circulation coinage I have found.
@Buzz-Of-Craze3 жыл бұрын
5G, Solar Panels, Electric Vehicle, all need very cheap SILVER! Silver price should be $150/oz or 1/10 gold price. KEEP STACKING !!
@stevewenzel3913 жыл бұрын
Someone is paying attention 👍
@Thestrappedgrunt3 жыл бұрын
The paper trading and lease rates make it very hard to pin down the fundamentals of commodity’s
@noahborgman94313 жыл бұрын
Agreed !!!!
@kissfinancial89923 жыл бұрын
1/10 is picking the tippy top. Better to sell at 1/15, imho. Even at 1/15, silver will be hundreds. Great bet either way, but taking a little less guarantees a huge gain.
@Jester62D2 жыл бұрын
What about capital gains when someone sells their silver ? Is it calculated differently by silver type ?
@joanieduffy18774 жыл бұрын
Very informative educational video. Thank you so much, I have so much to learn. Your videos are the best!!!!!
@trentrevis73922 жыл бұрын
I'll stick to the 1 kilo bars those busted high premiums on silver eagles are crazy to me.
@sournadaneshvar32352 жыл бұрын
Is it better to buy silver from the mint or a dealer or Apmex? why are the silver coin/gold coin prices higher direct from the mint?
@toms36642 жыл бұрын
Crown Royal 😂 i am crying with laughter! Love those velvet sacks! Remeber "Dry Sack"? Never mind. Thumbs up
@glockumollie12302 жыл бұрын
Something you missed altogether is that if you got a sharp eye and some further knowledge you can get your constitutional Silver out and glean some additional value by pulling coins with numismatic value. I love Walking liberty Halves Dollars and Franklin's also. Another very desirable type is Mercury Dimes. I pull all the Walking liberty Halves that are like very good or better and they always have a premium over silver spot and if they are fine, very fine and extra fine they can really get substantial premiums. I have rolls of better stuff I have pulled out and keep separate and would never sell before all my other silver was gone first. I could even sell them for more than silver value now but I love them too much to just sell for the money. You would be surprised how much more the Walking liberty Halves and mercury dimes are worth especially when you pull them out of coins obtained for just the Silver price.
@I_am_not_a_rob0t3 жыл бұрын
1.40 face value = 1 Troy oz Edit: using pre 1964 90% silver
@koreyhayden13682 жыл бұрын
I use crown royal bags too!!!
@paratrooperlane70223 жыл бұрын
I always buy with melt value in Mind.
@StrangeNWeird3 жыл бұрын
Nice collection!
@purethccheck2 жыл бұрын
Is a SilverTowne silver Buffalo round considered generic? Tia
@covercalls882 жыл бұрын
I normally just stack US constitutional silver dimes to Morgan about 20% are collectable. Easily bought and sold. I do have several Eagles. Keep it simple.
@gaiaawakened17733 жыл бұрын
yes this helps thank you
@Uduplr2 жыл бұрын
Wow…You sure talk FAST. I’m glad, as needed, I can rewind and listen to again.😊
@ItsEverythingElse2 жыл бұрын
The premium on Eagles is insane. Just checked and it's basically $19 on APMEX.
@flipnap2112 Жыл бұрын
apmex is always high in general. id hit sd bullion, there always cheaper
@myavabuchanan55563 жыл бұрын
Which is best n trust coins to buy ?
@TheRelektoh3 жыл бұрын
Is it advisable to stake 100oz bars? Im living in singapore, i like ur videoes v much.
@kamavonender70693 жыл бұрын
I would say no because of the likely hood of someone else buying it
@kamavonender70693 жыл бұрын
But you can do what you want
@leifhatlestadiii51523 жыл бұрын
If you're preparing for a long term fiat profit sure if your planning for doomsday no
@user-ey9bt7fs6n4 жыл бұрын
I would like to see a video on purchase price verse sell back price compared to market price. Love the educational videos!
@ramonwhite13792 жыл бұрын
Hello Silver Seeker I'm looking to purchase a few ''10oz. RCM BARS" but can You let Me know if they are a Good and Quality Buy??? Plz advise 🙏
@masyelraf3 жыл бұрын
I think that in the event of an actual apocalyptic type situation, your best item to be hoarding will be bullets. Maybe even copper or lead to make bullets.
@qcontinuum5143 жыл бұрын
Thanks to China for the copper counterfeits. LOL
@timothylongmore73253 жыл бұрын
Or led. In a shtf situation. Silver will be practically worthles at first. But bullets , while valuble , would not be a good barter item if you think about it. Why would you get rid of any in an un-certain situation.
@woodspirit982 жыл бұрын
I stack silver bullets
@johnhartman89892 жыл бұрын
Is there a ratio of a suggest 1 year worth of purchasing silver like(example) 10%constitutional, 30% Generic round, 40% eagle, 20% bar?
@CashAndCoinsYT3 жыл бұрын
Nice information thank you Silver Seeker
@janeharry19523 жыл бұрын
U have any videos on gold?
@lindawade96472 жыл бұрын
I once heard we should ask for a troy ounce, not just an ounce, when the shop owner quotes a price, as a troy ounce is more gold or silver. Could someone explain this?
@swithers002 жыл бұрын
A standard ounce is 28.3495 grams. A Troy ounce is 31.1035 grams.
@stuartmoore63103 жыл бұрын
I went off on a tangent and bought an assortment of foreign coins of various silver content. Maybe not too smart but some of them are quite interesting and unique(?). I tried to buy as close to spot as I could (spot at that time) so I'm just thinking melt value, but some could have numismatic value. They sure are going for a lot more now online than what I paid for them so there is that..
@stevec.13193 жыл бұрын
how does the premiums play out with silver shot? never mind i will look it up.
@lilrockfromga50924 жыл бұрын
That was some very good information. Thanks
@BigRudy533 жыл бұрын
I bought ounce maples at $13, I'm holding.
@rrine424 жыл бұрын
The best silver to stack is Walking Liberty Half Dollars. At least for me. I buy them from my Local Coin Shop usually for just over spot. I cherry pick just nicer coins with better dates. So i buy one for say $8.50 and i can sell as an individual coin in decent shape with lower mintage for $11 to $15 or more all day. So you get the silver value and the numismatic value as well but the numismatic value isnt built in so you gain that value for free.
@Uduplr2 жыл бұрын
How would you spread out Buying 10K in Silver and Gold?
@Uduplr2 жыл бұрын
Are Silver rounds, other than Eagles, bought by dealers, when you want to sell, as silver bar prices?
@davidcanary602 жыл бұрын
Easy to buy and hard to sell at a profit because of the over cost