The Smart Silver Stacker's Guide To Junk Silver
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- Опубликовано: 27 дек 2020
- Junk silver is a great way to get your hands on low premium highly divisible fractional silver. It's the perfect hard money for day to day purchases, and served that role for over half a century.
![The BEST & WORST Junk Silver Coins: Tier Ranking [Constitutional Silver Coins]](http://i.ytimg.com/vi/2susTyViNp4/mqdefault.jpg)
It's fun to go back and watch these older videos and compare the prices. Online dealers are still asking about the same price for their junk silver even though silver is less than $21/oz currently. In this video it's over $25/oz. Junk silver should be way cheaper today but the increasing demand has made the premium creep ever higher.
Thank you for your video. Regarding 9:15, Kennedy half dollars from 1965 until 1970 have a composition of 40% silver. These are actually 40% silver-clad coins which are composed of an outer surface layer of 80% silver sandwiched over an inner core of 20.9% silver, the remainder is copper. In other words, their clad composition is a laminate rather than a homogeneous alloy. On the other hand, U.S. Mint 5 cent coins from 1942 until 1945 were composed of a homogeneous alloy of 35% silver + 56% copper + 9% manganese. Colloquially these are called "Silver Nickels" although ironically they contain no nickel at all.
Any combination of 1.40 equals one ounce of silver
The last two years I have only bought silver dimes and quarters they will be needed for bartering they are very recognizable and fractional. Good video
Can't go wrong with US 90%. Makes for a simple stack that's easy to keep track of.
Yeah except some .999 investment quality is a good idea. Ya know in the 99.9% chance the world doesn't end.
I personally think the 1964 Kennedy half dollars gives the best bang for the buck as "junk" Constitutional silver. More than 400 million were minted and most were immediately hoarded so it's actually rare to find them circulated. I also stacked a fair amount of Franklin halves because I just love that coin and SILVER! About %20 of my stack are dimes and quarters just to have smaller fractions.
For junk, I mostly stay to foreign, because I can get it at spot. But also, for the Ike Dollars, from 1971-1976, there were Silver proofs, but also Silver UNCs. .400 fine, and .3162 ASW. Also, in 1976, there were .400 Silver proof and UNC Quarters, both in Bicentennial sets.
Love your simple approach & key ways showing how to buy & sell junk silver👍🏻👍🏻👍🏻❤️
Thanks for watching!
New comment on an older video - thank you so much for this one. I stacked a lot of 90% quarters in 2017 - 2019 but lost interest in them. Now that the ASE premiums are so high, I am looking for something else to add to my stack and coming back to 90%. It seems crazy now, but I was buying 90% for BELOW face in many cases, and some of the coins were in BU condition with no wear at all. Now that silver has heated up so much even the junk silver has increasing premiums. Your video got me thinking about "divisible" / fractional silver and how junk silver really fills that place in my stack. Thanks!
Crazy how much the premiums on junk silver have increased since I made this video! Thanks for watching 👍👍
Great video. Keep um coming.
Thanks for watching!
Thanks appreciate the info.
I love hearing about another bullion dealer I didn’t know about when I find and watch a new video by a stacker I didn’t know about.
I am your new subscriber. Great vlog!
I started buying constitutional silver recently. I kind of did the stacking process backwards. I bought gold eagles, then silver eagles, and now constitutional silver.
nothing wrong with that progression!
Nice video. I liked it.
Glad you enjoyed it, thanks for watching!
Love me some junk and I plan on keeping it coming in...
happy stacking!
There are 40% BU-grade Silver Ikes (San Francisco Mint). These ran from 1971 to 1978. They were just not for regular circulation.
I know, because I have bought and owned them. They are not just proof-grade, although proofs also were struck.
This information can be found starting on page 243 in the 2021 edition Whitman Red Book
interesting! thanks for watching!
@@SmartSilverStacker thank you for the info. nice collection!
Some of the Eisenhower dollar coins were 40% silver
I like foreign junk silver, it's the collector in me.
from what countries? I like Canadian junk and have a bit
@@SmartSilverStacker world wide
That has always seemed really odd to me how $1 face lower denomination didn't have as much silver as a Dollar Coin . Does anyone know the story behind that? The whole system was based on the accurate divisibility , even the gold coins and the silver to gold coins.
Very good question, I'm not sure the answer but I'd love to find out!
I’ve been a doomsday prepper for 24 years & junk silver seems to be the best currency in case it comes to pass ⚒
Agreed!
I LOVE CLAD COPIUM
they did mint a 40% silver ike dollar in mint state. they came in a blue envelope.
yeah those are the proofs
@@SmartSilverStacker sorry but you are wrong. the proof came out in the brown boxes and mint state in blue envelopes. i also have sets of these graded as ms silver by ngc.
@@jimc.4550 interesting, was not aware there were non proof silver ikes struck. I will probably not add many to the stack since they are 40%, but I might have to find one to keep as a specimen!
@@SmartSilverStacker try the auction site called great collections. i have been a coin collector and stacker for 54 years now. i have gone to dozens of coin shows (major shows) and got to know Ian who runs this site and they are good people you can trust. i love stacking and at just under 12,000 ounces of silver now. i sold 1/3 of my silver in 1980 and 2011 but keep buying between the high dollar points too. have fun with your stacking, jim
Good video, but as far as getting the best deals on line, actually I get my best deals at actual coin stores. Premiums are too high on line (almost twice as much per coin). I even went to a coin show and was very disappointed in the prices which I found to be WAY over spot. Thats just my personal experience though.
This
I like war nickels.....1 dollar face value is 1.125oz of silver a war nickel is literally a nickel of silver and theres a benefit to the low purity. less of the silver is worn away.
That's an interesting point, low purity coins like that would maintain the precious metal better over time.
@@SmartSilverStacker yup and the maganese makes it very durable
Smart Silver Stacker I liked your video. Your simple approach to stacking Junk Silver is very clear and practical specifically there maybe a day when refineries need my help. I hope I can help them one day. Btw would it be better to reach out to the refineries than the LCS in selling my 90% silver?
I'd reach out to any potential buyers and then go with whoever gives you the best deal. Thanks for watching =)
constitutional! theres no junk anywhere lol
Whoops, not even sure I mentioned "constitutional silver". That is actually the right name though!
I avoid buying older coins, as they will usually have less silver content - they're counting on the collector in us to buy Mercs instead of Roosevelts, or an even higher premium for Barber Dimes. It's remarkable - stack 20 Merc Dimes next to 20 Roosevelts,. I still want to get a roll of Barber Dimes, but I'm too tight-fisted to pay an extra 30-40 bucks a roll.
yeah if you wanna pay low prices for barbers they're gonna be a little thin 😁
If dealers ever go to weighing junk silver when buying, then they better be selling it by weight too.
All I buy is junk silver.. I did get sucked into buying fancy shiney silver for a sec but snapped out of it...
@@smartsilverstacker4812 I'm sorry brother I don't know what that means....
I'm old 😆
Sorry that wasn't me, it was a spam account sharing whatsapp contact info, probably some kind of scam!