I laugh every time I see a sign outside of an establishment that says “buying junk silver and gold.” Precious metal in any form or condition isn’t junk.
I’m glad you feel this way. I much prefer Constitutional over generic rounds or bars. It’s recognized as money, there’s very little fakery except for a key dates which don’t get into the picture anyway, and they aren’t making anymore of it. I happen to believe that there is much less of it than everyone thinks. I bought a roll of halves Saturday. Mixed Kennedys, Franklins, and Walkers. 23.6 x face, which is high, but if you accumulate it slowly and steadily this averages out over time. It’s getting hard to find as everyone is buying it. My LCS had almost no quarters or halves. Dimes can be had. Very nice coins, AU or Unc are easy to find in the bins.
Great info Daniel, I agree completely I do buy rounds from my local shop at times they sell them 2 dollars over spot but mostly just 90% coins when they get. And nothing grinds me more then people who melt or destroy coins to make things I hate that and will never buy them.
I love 90% but with the premiums like they are now, your paying $30++ per ozt for the 90% which makes it tough sometimes. Like I said I’m still buying 90% but I dollar cost with some cheaper rounds and bars to help add weight to my stack. Great video as always Daniel!
100% agree. I am a silver stacker with a decent amount of bullion coins, but I prefer the 90% coins. Irs cool to realize you found something special. I have been and will continue to trade my bullion coins for 90% stuff. I just traded 21 toz of .999 rounds for 15 Morgan's and Peace dollars, and a stack of mercury dimes and war nickels and a bag of wheat cents. I paid him 1 gram of silver for 1 gram of coins and he threw in the wheat cents. We both walked away feeling like winners.
Hi Dan, how are you my friend ? I really enjoyed this informative video and I thank you because I have always been wanting to know what silver is the best investment 😀. You are just so handsome that it makes your videos easy on the eyes. Earlene
The price of 90% is why I buy 40%. It takes up more room and is heavier, but I'm stacking a lot more that way. Once I hit my 40% goal, I may start on 90% but might go back to rounds. I am on a budget and I would buy hot dogs before steak if I was on a tight budget so that's my rationale. Thanks for the great video.
For me the premium is high on constitutional, here in Florida 10 oz bars .999 only spot + $2…. However a 1920’s or better date Walker , or any Barber in decent condition justifies the high premium….I can’t imagine worn down average circulation coins of the 40’s , 50’s and 60’s being more than mid premium silver.
totally agree. if i collected silver I would stack silver dollars and constitutional coins. it's proven their value holds better than bars or rounds or other silver tokens. bottom line it's real money!
An accounting of the silver that’s been melted in the last 50 years would be scary. I’ve seen a lot of nice coins in those bins. 1980 was nuts. Mintage numbers are just a guide. Far fewer of many coins exist. I’ve been buying a lot of uncirculated rolls. You can find them for just a little more than circulated sometimes.
@@aarsamu Coin dealers can have rolls of uncirculated 90%. I recently bought an original roll of 1958-D dimes for $125, tax and shipping included from a dealer on eBay on bid. Check the feedback and make sure it’s a dealer, IMO. I generally don’t buy if not over 500 positive feedbacks. Also, feedback isn’t everything. That can be faked and there is a person or two on there that doctors coins but they don’t sell rolls. Stay away from “original” Morgan rolls. Those don’t exist. I’ve been able to buy uncirculated and proof from legitimate dealers for about circulated price. Good luck. I usually google the dealer before I bid too.
I also like buying for example the 2009 silver proof sets that includes the four presidential Dollars, plus the four 2009 Lincoln proof pennies and you also get the six 90% US Territorial Quarters. I bought many of the on Ebay for between $35 to $40. So 90% Silver you have one 50 cent piece, six Quarters, and one dime. If you turn around and sell the four Lincoln penny and the four Presidential Dollar sets both in individual cases back on Ebay you will find you have purchased your Silver most of the time well under value. All your Silver is shiny new beautiful proof coins. Hey, it works for me. Good luck all! Blessings all, Louis
It's odd, eBays silver prices (oz., kilos) are cheaper than buying direct from seller typically, one would think cutting out the middle man would get you a better price??
I'm not into coin collecting to stack or investing per say. I'm a history nerd. Although I believe, in my opinion, to stack silver dimes and quarters. They are the best to trade for. How are you going to slab a dollar's worth of commerce off a 10 oz bar. I'm into making full sets of coins. But, that's my opinion. Not good for everyone, but great for me. Great video as always Daniel. Thanks.
You are never guaranteed a return on most investments. This video applies to most currencies that once issued silver. I collect predecimal Australian coins, 5 Deutschmark, 100 Yen etc voins for bullion.
Some people I talk with laugh because I've started my 13th Franklin album. I always recommend that new to numismatics, or those wanting to get their feet wet in numismatics, start with the Franklins or at least the Roosevelt dimes.
I started with Mercury Dimes, yet if a new collector started with those now…well, they are more pricey than pre-64 Roosevelt Dime, which I also have a fair amount of.
90% might be a great buy for someone who is buying wholesale, but for retail, the premiums are super high. For silver, it's better to look at Britannias, Kangaroos, and Maple Leafs - and purchase them from SD Bullion when they have them on 'sale'. Pay with a check to get the lowest price from them. It's not the coin dealer's fault for the premium being so high on retail - it's the demand which has driven the premium up. There are some dealers out there taking advatage of the situation by only offering melt for silver, which is insane. There's another RUclipsr out there who calls stores anonymously and offers to sell silver to them and they only want to pay melt. Crazy!
Yes... Yes it IS the Coin dealer's fault the premiums are so high. Spot isn't melt. "ask" isn't Spot and "sell" isn't melt. But the premiums? I find they are arbitrary at best, and inconsistent form one shop to the next, ; stating the cause of the Premium is the cost involved purchasing the silver. I ask, "how am I to know you didn't just buy these very ounces I am wanting to buy, off the last guy who was in here?" $30.00 an ounce for an ounce, when silver is @ 18.00 spot for an ounce? that's .... melt plus premium = Spot ask., and it sure as shit aint $30% markup! and when you are charged this insane premium, they DO take off 10%, do they not? after all, you are only purchasing 90% coins.... ( people forget that all the time.)
I have a bag full of Rusty pennies that were in a glass jar given to me how do I clean them for authenticity looks like they're damaged that rust from70s / 80 ?
Daniel, what's your opinion on 40% silver, like the Kennedys? I can pick them up for not much more than melt value. It seems like very few people want them because of the heavy weight.
Makes me sad as well. One of the reasons I became a coin collector when I was 12 years old was because I could hold a coin minted in the 1920s and wonder who held it and where it traveled
Wondering if anyone knows. I've been buying from rounds and bars golden state mint for a bit now. Found they're deals were pretty good compared to some others. I've noticed all of a sudden they're charging tax. Where as before they were not. Did something change that I'm not aware of? Live in nevada
If Ebay "Unsearched" silver rolls are a scam (I think you said that in a previous video) where can one purchase truly unsearched rolls? The big dealers (Apmex, SD, ??) are they unsearched?
Do not understand physical metal investing. The SLV etf trades like a stock, can go long or short, trade options etc. Low, low fees. Highly liquid. Easy in and out.
Thanks Daniel, I've been snatching up Morgan and Peace Dollars at my LCSs, Uncirculated and Key dates too, even bought an MS 64 1888 Bass Collection Morgan for under list price.
Premiums are far from good on 90%. That’s just a false statement. No matter how many people call it junk. You seem knowledgeable my friend so don’t take it the wrong way. I’m doing the opposite of what you’re saying right now.
It's smack in the middle of eagles and rounds, but there's more pros with the 90%. It's not always about how much you pay but what benefits there is after you buy it. I outlined all of those and it wasn't just about the premiums.
I laugh every time I see a sign outside of an establishment that says “buying junk silver and gold.” Precious metal in any form or condition isn’t junk.
I agree
I only have a little bit of constitutional silver---but I bought it because it makes me HAPPY, lol! 😊
YOU ARE NUMBER 1 FOR SHARING YOUR KNOWLEDGE!
Good Morning Daniel!🍵🎃 I hold a little 90%, but classic coin collecting is my game!
Hello, I'm from Morocco I love rare coins American, thank you for this valuable information
I’m glad you feel this way. I much prefer Constitutional over generic rounds or bars. It’s recognized as money, there’s very little fakery except for a key dates which don’t get into the picture anyway, and they aren’t making anymore of it. I happen to believe that there is much less of it than everyone thinks. I bought a roll of halves Saturday. Mixed Kennedys, Franklins, and Walkers. 23.6 x face, which is high, but if you accumulate it slowly and steadily this averages out over time. It’s getting hard to find as everyone is buying it. My LCS had almost no quarters or halves. Dimes can be had. Very nice coins, AU or Unc are easy to find in the bins.
Great info Daniel, I agree completely I do buy rounds from my local shop at times they sell them 2 dollars over spot but mostly just 90% coins when they get.
And nothing grinds me more then people who melt or destroy coins to make things I hate that and will never buy them.
HAPPY HALLOWEEN My Friend✌😎
Great synopsis. Thanks!
Daniel, WOW, another great topic, silver bars are the cheapest to me. Thanks buddy.
All silver is beautiful
Constitutional is my favorite
Always did love constitutional silver!
I love 90% but with the premiums like they are now, your paying $30++ per ozt for the 90% which makes it tough sometimes. Like I said I’m still buying 90% but I dollar cost with some cheaper rounds and bars to help add weight to my stack. Great video as always Daniel!
100% agree. I am a silver stacker with a decent amount of bullion coins, but I prefer the 90% coins. Irs cool to realize you found something special. I have been and will continue to trade my bullion coins for 90% stuff. I just traded 21 toz of .999 rounds for 15 Morgan's and Peace dollars, and a stack of mercury dimes and war nickels and a bag of wheat cents. I paid him 1 gram of silver for 1 gram of coins and he threw in the wheat cents. We both walked away feeling like winners.
Hi Dan, how are you my friend ? I really enjoyed this informative video and I thank you because I have always been wanting to know what silver is the best investment 😀. You are just so handsome that it makes your videos easy on the eyes. Earlene
Excellent explanation. 100% agree with you.
I would think Constitutional silver is your best bet-- Now let's see the Video
I did pretty well with the 90% most of investment I bought at $10 to$12 per $1 face value.
I agree with you, Constitutional Silver is the way to go! No tax !
Constitutional silver is my favorite
Thanks Daniel! Great advice again! 👍
I totally agree, I’m a big 90% silver collector !! Always have always will !! Love finding the varieties in 90% silver coins !!
Great video. I agree whole heartedly! I am particularly partial to the half dollars including 64 Kennedys and Franklins. Thanks Daniel.
Thanks Daniel ! A little while back..I actually started migrating that direction. Maybe I read your mind way before the video. lol
Another great video thanks for all you do
At my local coin auction, constitutional silver coins going 70-100% over melt. Circulated common date Morgan/Peace dollars going ~ $28-$30
Wish that RUclips would let me give more than 1 👍
OK, I know what I'm investing in now.
Thanks for sharing. 😀
Thanks for the video on your thoughts on silver. Great work
I need to learn a lot more before I make another purchase.
The price of 90% is why I buy 40%. It takes up more room and is heavier, but I'm stacking a lot more that way. Once I hit my 40% goal, I may start on 90% but might go back to rounds. I am on a budget and I would buy hot dogs before steak if I was on a tight budget so that's my rationale. Thanks for the great video.
Great video. Numismatic value vs Stacking based totally on Spot. Should always diversify.
I'm seeing coins like the 40% halves unc that were 2.50 as junk now 25$ on ebay same w 2$ quarters. 90% unc bought rolls of them when silver was 13$
For me the premium is high on constitutional, here in Florida 10 oz bars .999 only spot + $2…. However a 1920’s or better date Walker , or any Barber in decent condition justifies the high premium….I can’t imagine worn down average circulation coins of the 40’s , 50’s and 60’s being more than mid premium silver.
i like stacking nice peace dollars.
I know IKE silver is 40% and premium is kinda high, but I like to stack them too.
Good video 👍
totally agree. if i collected silver I would stack silver dollars and constitutional coins. it's proven their value holds better than bars or rounds or other silver tokens. bottom line it's real money!
I would agree Daniel. 👍 Thanks for sharing your opinion good sir. 😎
An accounting of the silver that’s been melted in the last 50 years would be scary. I’ve seen a lot of nice coins in those bins. 1980 was nuts. Mintage numbers are just a guide. Far fewer of many coins exist.
I’ve been buying a lot of uncirculated rolls. You can find them for just a little more than circulated sometimes.
I have a curious question where would I go to buy uncirculated coins other than the mint
A dealer
@@aarsamu Coin dealers can have rolls of uncirculated 90%. I recently bought an original roll of 1958-D dimes for $125, tax and shipping included from a dealer on eBay on bid. Check the feedback and make sure it’s a dealer, IMO. I generally don’t buy if not over 500 positive feedbacks. Also, feedback isn’t everything. That can be faked and there is a person or two on there that doctors coins but they don’t sell rolls. Stay away from “original” Morgan rolls. Those don’t exist. I’ve been able to buy uncirculated and proof from legitimate dealers for about circulated price. Good luck. I usually google the dealer before I bid too.
I also like buying for example the 2009 silver proof sets that includes the four presidential Dollars, plus the four 2009 Lincoln proof pennies and you also get the six 90% US Territorial Quarters. I bought many of the on Ebay for between $35 to $40. So 90% Silver you have one 50 cent piece, six Quarters, and one dime. If you turn around and sell the four Lincoln penny and the four Presidential Dollar sets both in individual cases back on Ebay you will find you have purchased your Silver most of the time well under value. All your Silver is shiny new beautiful proof coins. Hey, it works for me. Good luck all!
Blessings all,
Louis
Good idea, that’s how we do it sometimes.
I love 90% constitutional but at 24x face on average it's not a good buy with premiums , 10oz bar's and kilos have that best investment low premiums
Yes they do but there’s pros and cons to all of them.
Thanks
It's odd, eBays silver prices (oz., kilos) are cheaper than buying direct from seller typically, one would think cutting out the middle man would get you a better price??
YepA month or so ago I got 2 kg for 1300
I'm not into coin collecting to stack or investing per say. I'm a history nerd. Although I believe, in my opinion, to stack silver dimes and quarters. They are the best to trade for. How are you going to slab a dollar's worth of commerce off a 10 oz bar. I'm into making full sets of coins. But, that's my opinion. Not good for everyone, but great for me.
Great video as always Daniel. Thanks.
Great information Sir Daniel! Would you recommend S. D. Over Apmex
Yes I would just check the prices
You are never guaranteed a return on most investments. This video applies to most currencies that once issued silver. I collect predecimal Australian coins, 5 Deutschmark, 100 Yen etc voins for bullion.
100% agreed with you.
Hello from the great state of Michigan
Some people I talk with laugh because I've started my 13th Franklin album. I always recommend that new to numismatics, or those wanting to get their feet wet in numismatics, start with the Franklins or at least the Roosevelt dimes.
I started with Mercury Dimes, yet if a new collector started with those now…well, they are more pricey than pre-64 Roosevelt Dime, which I also have a fair amount of.
Good advice. 👍
Best looking 90% coin is the walking liberty in my opinion.
I agree, its a beautiful coin as is the Standing Liberty. Quarter
Do you sell generics silver in your store?
When I can get them
@@CoinHELPu I looked at the website and didn't see any. I didn't know if you had some in store that you don't put online.
Remember it takes 1.40 to make one ounce of silver so buy wisely.
So currently around $33 an ounce for 90%
90% is my choice also
90% might be a great buy for someone who is buying wholesale, but for retail, the premiums are super high. For silver, it's better to look at Britannias, Kangaroos, and Maple Leafs - and purchase them from SD Bullion when they have them on 'sale'. Pay with a check to get the lowest price from them. It's not the coin dealer's fault for the premium being so high on retail - it's the demand which has driven the premium up. There are some dealers out there taking advatage of the situation by only offering melt for silver, which is insane. There's another RUclipsr out there who calls stores anonymously and offers to sell silver to them and they only want to pay melt. Crazy!
Yes... Yes it IS the Coin dealer's fault the premiums are so high. Spot isn't melt. "ask" isn't Spot and "sell" isn't melt. But the premiums? I find they are arbitrary at best, and inconsistent form one shop to the next, ; stating the cause of the Premium is the cost involved purchasing the silver. I ask, "how am I to know you didn't just buy these very ounces I am wanting to buy, off the last guy who was in here?" $30.00 an ounce for an ounce, when silver is @ 18.00 spot for an ounce? that's .... melt plus premium = Spot ask., and it sure as shit aint $30% markup! and when you are charged this insane premium, they DO take off 10%, do they not? after all, you are only purchasing 90% coins.... ( people forget that all the time.)
Dan could you please send me a price on a roll of liberty dimes please thanks
I like US Constitutional silver a lot.
I have a bag full of Rusty pennies that were in a glass jar given to me how do I clean them for authenticity looks like they're damaged that rust from70s / 80 ?
GM l have a 1977D over a quarter that weighs 5.7 g how do I get it graded
Daniel, what's your opinion on 40% silver, like the Kennedys? I can pick them up for not much more than melt value. It seems like very few people want them because of the heavy weight.
Silver is silver and I buy them right at melt from my local coin store. Cheapest option I have found.
Makes me sad to see US 90% coins getting melted down or turned into rings and things. Even the foreign stuff. So much cool history lost.
Makes me sad as well. One of the reasons I became a coin collector when I was 12 years old was because I could hold a coin minted in the 1920s and wonder who held it and where it traveled
Wondering if anyone knows. I've been buying from rounds and bars golden state mint for a bit now. Found they're deals were pretty good compared to some others. I've noticed all of a sudden they're charging tax. Where as before they were not. Did something change that I'm not aware of? Live in nevada
It too expensive to buy! U could get bullion at a cheaper price!
Bullion has its cons too
Do you consider modern (1982 - 2022) Commemerative 90% Dollars and halves Constitutional, even though these are NIFC?
No I do not.
How about the 40% halves . Seen cheap 🎉
Not highly sought after
If Ebay "Unsearched" silver rolls are a scam (I think you said that in a previous video) where can one purchase truly unsearched rolls? The big dealers (Apmex, SD, ??) are they unsearched?
If I knew that I would buy them all.
👍❤👍
News Flash: Wal-Mart is now selling silver for about four bucks over spot.
It’s not Walmart it’s private sellers being featured at Walmart website. I could have my listings there if I chose to.
Do not understand physical metal investing. The SLV etf trades like a stock, can go long or short, trade options etc. Low, low fees. Highly liquid. Easy in and out.
Thanks Daniel, I've been snatching up Morgan and Peace Dollars at my LCSs, Uncirculated and Key dates too, even bought an MS 64 1888 Bass Collection Morgan for under list price.
American Silver Eagles are overpriced. If we don't buy them the price will come down. Rounds are almost always the best deal.
Just the cheapest plain bullion. 1 oz. of. Silver. Is 1. Oz of Slver. ! Fact. ! When. SHTF. ,,!
You better have ammo, guns and water if something crazy happens, people will not care about silver.
Premiums are far from good on 90%. That’s just a false statement. No matter how many people call it junk. You seem knowledgeable my friend so don’t take it the wrong way. I’m doing the opposite of what you’re saying right now.
It's smack in the middle of eagles and rounds, but there's more pros with the 90%. It's not always about how much you pay but what benefits there is after you buy it. I outlined all of those and it wasn't just about the premiums.
you do you, have zero interest in paying 30 dollars to get a dollar back no thanks