What is Junk Silver?
HTML-код
- Опубликовано: 20 июл 2024
- What is junk silver? Some call it constitutional silver, other call it junk silver. But what is the difference between junk and silver, and how can we find a definition of junk silver?
For me (and probably other stackers out there), we define silver in how it feels and sounds. .900 silver still feels like silver, but how about .640 or even 0.500?
I will test different coins, all European junk silver and foreign junk silver coins, all the way from 0.9999 silver down to 0.400 silver. At what silver purity does a silver coin stop to feel like a silver coin?
On the video you will see some Swedish Kronor, Austrian Schilling, Swiss Franc, American Silver Quarters, Greek Drachma, Russian Koopek & German Mark coin.
Love European Coins? Don´t forget to Subscribe to join the Member Rewards. Its Fun, Free and we include Free Shipping Worldwide
About me - European Stacker:
We join forces with the American/Canadian Stacking Community to create a channel dedicated to European Silver, Gold and Platina.
European Siver and gold Coins are cheap, low mintage and incredibly beautiful to stack. Every country has their own coins, and I will teach you where do buy them and which european coins are best for stacking.
I will also discuss precious metals and the philosophy of stacking and guide you to make better investment decisions as a stacker.
You can find our more on www.Europeanstacker.com where I also provide fee tools for stackers.
To join more giveaways and to see photos of cool european coins, follow me and 1000 of others on my instagram page / european_stacker
With love// European Stacker
Hello my friend. I'm so glad someone made this video. I was going to make it on my channel which is about all kinds of metals but lately silver coins. I hope you make more videos and I'll certainly be on the look out for more from you. I always subscribe to fellow coins stackers/collectors.
Where I would disagree is that I don't believe ANY metal is junk. I make my living from metals but of course I recognise that there is PRECIOUS metal and that includes silver. Well done on this video pal. Liked, subbed & 🔔
Looking forward to more.
Edit: i will check out Austrian Stacker.
Thanks a lot for your message. It means a lot to me. I will try to post some new videos soon.
In the meanwhile, i agree no metals are junk. Its more of a wordplay. But i can def say anything below 50% silver does not feel like silver, which i find interesting. Have a lovely day and hope to speak soon!
I also don't mind "Junk" silver (sometimes it's still in UNC). For the last couple months I've almost only bought that instead of high premium priced bullion. Subbed.
Totally agree. Same here. Crazy you can still find constitutional silver for under melt value. I mean come on, these coins were melted and created at one point 😂 what did you get?
@@europeanstacker8781 Same experience : on the Dutch online private mark I could find Dutch Silver under / at / close above spot, while the prices of silver bullion was rising. Didn't see the point of buying bullion coins anymore, only bought some bullion coins that I'd like as a collector, and not stacking based. You can buy more silver for the money you would pay for bullion coins. I mostly bought Juliana Rijksdaalders, Juliana Guldens, Juliana Ten Gulden + the Beatrix 10 Guldens. The most common and liquid "Junk Silver", from the 20th century. And sometimes silver Euro coins when they were at spot / close above 😀 Silver = Silver 😇 Welcome to the European Community Trading Club !
@silver.international Thank you so much my friend! 😊 these are some awesome tips and i do agree with you. I will check out some of the coins that you mentioned. Do you have a video where you show these in particular? Would love to have some silver from the Nederlands. Is this where you are based btw? 😊
And thanks for being a sub, following you back already
Very nice vlog! I am your new subscriber. Great insight into constitutional silver.
Thank you so much for that! I hope to be able to post more videos soon. Thanks for your support
Amazing video as always and so informative 💕💕💕
Thank you so much my friend. I hope I will have the chance to show off some scottish coins at one point. Do you have any cheaper "junk" silver over there? 😊
European Stacker I believe we have some junk silver but sadly I don't have any or know much about it. Most coins that were released before 1997 were taken out of circulation in Scotland. However, we do have silver proofed 2 pound coins and 50 pence which look extremely nice. I think you would like them 🙂
New sub, I’m used to just American & Canadian Silver, but I’m slowly learning about European Silver & it’s really interesting.
Thank you so much for your comment John. Its great to have you here. I love American and Canadian Coins, but i found out that European silver can be super affordable and each country has totally different coins and design. I hope my channel will give you courage and motivation to start to stack European coins and understand more about which coins to stack 💗
Do you collect newer american/canadian coins or older junk silver? Thanks again for watching my channel, it really makes me happy! 😊
European Stacker I’m glad to have found your one post on Instagram, & it led me to the channel. I personally don’t like modern silver mint products, & bullion because I feel that dealers charge a big premium on it. I prefer the “junk” that is out there, it can be had for less of a premium usually. But I definitely agree with you, 50% or better I consider good silver to have. Less than that is kind of junky, but I’ll collect anything with silver in it. I know that there is also Mexican silver with 72% silver. I also picked up some very old Swedish Krona, I believe theyre all 90% silver.
@John Yonker Thats great to hear. I totally agree with you. Two weeks ago i bought old Italian silver for 30% under spot 😳 in the same time, premiums for common bullions were 15-20% above spot! Its 50% difference for the same thing, silver. Assuming the silver price stays the same it will take you 25 years if inflation to even get back that investment and break even. Crazy right?
For the silver coins, mexican silver sounds amazing, very happy for you. Regarding the Swedish Krona, you can send me the photo on instagram and i will let you know the silver content. Take care my friend and thanks for being part in my little community here on youtube! 😊
Great video! Watching from Brazil and I have some european coins in my collection.
Thank you so much for swining by, which European coins do you have? Thank you for watching, great to have you here!
@@europeanstacker8781 I have some francs swiss and french franc, italian lire, schilling of Austria and portuguese escudos. Do you have any brazilian coin?
@@FabricioDomingos1 I do have plenty but no silver coins. Which one is cheaper for silver stacking in your opinion? I love brazil!
The USA also made 40% and 35% coins. The 35% were only during WWII in $0.05 denomination.
Thanks a lot! This is super useful information
Great video, as always. Really informative and great to see some european junk!
Thank you so much for watching! I hope you had a good time and learned a lot 😊 Which was your favourite coin this time?
@@europeanstacker8781 hard pick, but the 2 kronor still comes out on top. I also love the Austrian schillings but they just don't cut it to be the favorite.
@Silver hoard Thanks for your opinion! I agree with you. Again thanks for watching! 😊😊
Nothing like the sound of silver! I enjoyed learning about European "junk" silver. Thank you.
Thank you so much for watching my friend, and I appreciate your comment around the sound. I tried to add an other mic for the sound of silver to be more clear. Hope it was not too much? 😊 Did you like any coin in particular? Thanks again
@@europeanstacker8781 Not too much at all. Sound was great. I liked the 20 Drachmer coin the best. I like the image of the horse!
@@CoinHound that one is really nice. Was so surprised to find it in my collection 😊 Thanks for your comments and for watching. Always great to have you around!
I even keep my .100 Mexican Pesos and .300 Mexican 25C. I don't go out my way to get them, but they get kept with all the other foreign silver.
I am a big collector of foreign junk silver. Love South America coins.
Latin American coinage has the weight and purity stamped on it, which is a bonus.
thank you :)
You're welcome!
Sadly the premiums being charged for junk silver have put it at the same level of normal bullion. Checking some popular sites that sell bullion junk silver Is being sold with $6-8 premium over spot price for low quantities. Silver rounds, bought in low quantities, have lower premiums than junk.
Hello Jelly, im not sure if you are based in the US. I know Junk silver is quite popular over there. Go look globally, there is tons of cheap coins near or even under spot that you can get cheap
@@europeanstacker8781 hi, yes I'm in the US (sort of, one of their territories). Due to popularity maybe that's the reason it's so high and even now that silver is at lower prices still it has maintained their premiums. I would love to get some world coins, not just because of the silver value but also for collecting purposes and as a hobby. Sadly there are scammers out there that make it difficult to get real stuff and if something is sold below the spot price of silver it looks suspicious.
I suppose it’s all relative, if you don’t have much silver like me there’s no such thing as junk silver lol, maybe junk is just silver you don’t like and are willing to sell or flip. That 2 kronor with the coat of arms and crown is definitely my favourite, sweet coin.
Haha that's actually a nice definition 😂👌 what kind of coins do you stack today? Or do you collect? Yeah that 2 kronor is probably my favorite too 😊
@@europeanstacker8781 I just sort of collect any world coins I come across, but I’m trying to get back into Australian pre decimal, half pennies, three pence and I’m trying to start a florin collection.
@@nickbond7787 That sounds really cool. I would actually love to see that! :) I only saw Florins on picture but they look nice. Are you based in Australia? And do you plan to upload a video at some point showing off your collection?
@@europeanstacker8781 I love stacking/collection British silver coins, both 50% and sterling(92.5) and have lots of Florins and half crowns which are my favorite to stack.
Har ikke dere ganske høy skatt på sølv i Sverige? Her i Norge er sølv skattefri. Første gang jeg skriver Norsk, det går alltid i Engelsk ettersom nesten alle er fra USA.
Tack för din kommentar! Jag tar det på Svenska om det går bra? Annars kan jag skriva igen på Engelska haha.
Jo det är sant att vi har hög skatt på silver/ sølv i Sverige. 25% 😑 Men du kan köpa via platformar som blocket och tradera (som ebay) från privatpersoner. Det finns också en del bra forum där du kan handla direkt av medlemmar. På så vis kan du komma undan en del skatter. Men på nysilver så köper jag mest från Tyskland eller Estland.
Är det billigt med silver i Norge eller är era premiums högre? 😊 tack för att du kollade!!
Subscribed btw 👍
@@europeanstacker8781 I Norge så går sølv stort sett under sølvpris eller på sølvprisen, det samme gjelder gull. Gull er utsolgt over alt men sølv finnes det mye av og er billig.
@Lev Kris Coins Vad intressant. När jag kollar i Sverige är Norskt sølv mycket dyrt. Har du tips på några bra sidor där man kan handla billigt norskt sølv? (gärna äldre mynt) Ska kolla på några av dina videor nu under eftermiddagen :) tack för alla fina kommentarer 😊
@@europeanstacker8781 De fleste myntforhandlere er dyre. Her en en som selger 100 kr minnemynt. 1 oz rent sølv for 247 kr www.roschberg.no/s%C3%B8lv. Ellers bruker jeg stort sett facebook grupper i Norge, der er det til tider billige mynter.
I don't think "junk" Silver is a feel. I would say it's all in the composition of the coin. If it even only has 1% Silver, it's still Silver. There are 10% Silver coins from Mexico.
Hey Vanessa, so nice to see your comment, thanks for checking in! 😊 I agree silver is always silver. What i tried to prove on this video is that silver coins feels different depending on the purity. Silver has a very specific sound to it, in my opinion silver that is less than 0.400 purity makes the coin sounds slightly different, comparing to a higher purity coin. Some lower purity coins are still awesome and i love them, even if they are 1% or less silver. What coins do you collect my friend? 😊
I collect the sort of stuff you showed in your video. Foreign junk Silver. From all over the world. Some of it is more numismatic, but I'm able to get it at melt, or even below, because people here in the States just don't want it.
@@numismaticmaster8612 Thats great! Its very similar here in Europe as long as you buy coins from an other country than your own haha. Great to hear, you should show off your collection some day :) You are always welcome to the European coin community!
Pre1920 UK silver coins are .925 or 'Sterling Silver' ; you might like the 'feel' of the crown coins. After that date they moved to 0.5 sliver until zero silver after 1947. However many of the coins have an intrinsic value well above the bullion worth... But if you like the feel of the coins that's fine.
I will pay postage, send me your "junk" with less than 50%.