Silver Dragons Dude‼️ Seriously, honest best guess... Where do you see spot for silver going in the next year... I just can’t decide if buying some junk now is worth the money I’ve saved... Help...‼️
Honestly this was an amazingly helpful guide, I'm a new investor (in pretty much all things!) First 2 ounces of silver I bought was in bars and cost me $31 per ounce. Now I know how to lower my dollar cost average and make lemonade out these lemons!
truth is within there’s been a slow and steady decline of silver that’s been brought up to the surface. COVID exasperated that shortage and that’s what’s caused the price hike.
Dude- i noticed that guitar pick amongst ur stack. THAT’S EXACTLY WHAT IS HAPPENING ON MY DRESSER RIGHT NOW!!! Every week i buy silver at my LCS and stack it on my dresser for a few til i get out the vault and sort it into the prospective place. But the pick always stays…rock on, bro…
Thanks - I made a google sheet I can access on my phone with 2 inputs (Total Price-TP and face value-FV) and an output (TP / FV / 0.715). This eliminates the slight rounding issue of using the rule of thumb at 1.40. It really opened my eyes to how big the premiums on junk is today (Oct 2022).
Easy. Just buy at face values in base 10. Then you'd just need to remember to divide total cost by the number 715 . Just move deci around for the base 10 you bought. $1 face divide .715 $10 face divide 7.15 $100 face divide 71.5
Definitely helpful advice that I needed. I’ve often questioned my purchases after leaving a store if I overpaid or got a fair deal. Appreciate the GUIDE!!!😃
Gotta say thank you so much for this video! I just picked up some junk silver from a private seller that worked out to $19.04/oz after using your calculations. Spot as I type this is $22.64. Thanks, dude!
Been binging on these old videos the past couple of days. I learned a lot. This was particularly informative, even though the spot price of silver throws your buy point off. I also liked your Gold / Silver ratio explanation. I knew what it was, but you explained how to put it into practice, same with this video.
Thanks sooo much for posting this! Finally an in-depth video on RUclips about buying junk silver. This is really going to help me with my junk silver purchases!
This has helped me realize that most of the "junk silver" being sold by most vendors is priced at least double it's true value. Thank you for explaining this to us Silver Dragons
Usually, my dealer will have the same price on both BU and circulated junk Silver, so I always go with the BU. But to get junk prices for BU coins, they have to be no older than Benjis, Roosevelts, or Washingtons. He'll also some times throw in the common commemorative coins.
this explains a lot for me. A thousand ounce bag of constitutional silver equals 715 ounces. It's not 1000 ounces and that's the trick. It's deceiving. The face value of a dollar is very different than the one ounce. As of today 5/14/23 the price per ounce on SD is 36.27 an ounce. Ouch. Now that I understand I just went online to see what the junk silver is going for. I can get 1 oz. rounds for less than that. Even the maple leaf is cheaper. This just saved me a pile of money and I appreciate it. I have junk silver from years ago. I'll keep that since it seems to be worth more than new minted silver.
Yeah i recently paid the most i ever had for a roll of dimes, but i solely consider it a S hit the fan barter item so im not looking at it in the terms of resale.
Problem with dimes is 1) they take a long time to count, 2) if FDR, they take time to authenticate by date or by looking at edge to make sure they are before 1965. 3) they are very easy to spill on the floor. The advantage of dimes is that if currency collapses & you have to use they to buy with (barter), they are small enough in value that the issue of "How does the seller give me change?" may not come up.
Thank you for your video. Im a disabled veteran and don't have much income to buy silver (witch I love alot) with and your advice on the junk silver from SD is useful. Im gonna start buying $5 face dimes a month now. Thank you
@@thecoinguy007 not anymore, even with the shipping and handling its still cheaper from SD than here local. The shops here in my area are changing a premium on it to make extra money because they know the demand is high right now. I went to all the local shops last month to check out their prices on the same coins I get from SD and they cost more because they say it's the convenient cost witch is bs
I know this is a pretty old video but it's still true to this day. Except silver us more and people are paying high premiums. I love the Mercury dimes. But like I said people are paying thr high premiums. Anyway good video and great advice. I enjoy your videos because you talk slow and you make it so interesting fir beginners. So keep it up and keep on searching for what you 👍 like
I'm still new... but if I want to have silver vs having the money in the bank, does buying 90% Silver Coins - $50 Face Value Bag good? I got it for $930. I'm still so lost, it's like there's a ton of information but I haven't found a video of what I need it. I thought I was stacking but my fear is the dollar losing its value so I want to start collecting silver and even if nothing bad happens I have that security there for me or my kids.
The face value multiplier is extremely useful, I wish I knew this when I was more newbie, still a newbie here in youtube though. You have a new subscriber, Venezuelan stacker will show more love to you from now. Thanks for sharing.
Thanks for the guide Dragons! Just a heads up for newer stackers, as Dragons stated the junk is only the halves, quarters and dimes. The chart doesn’t apply for Morgans or Peace dollars as they contain more silver than the “junk” silver coins. Of course, if someone is selling Morgans or Peace dollars at 12x - 14x face then jump on that!
I got screwed on my first sale of junk silver. I was basically forced to toss it in for free with the private, public and foreign silver coins I had that were pure silver. Where is the best place to unload junk silver if I have to sell it short of the apocalypse? Have you done a video, Silver Dragons, on that subject? Or could you possibly do one when you have time? Selling pure silver to a store is quick and I at least get market back with a little small talk, but if I am collecting and investing in junk silver at all I want to be able to get at least market on a sale, if not get my premium for the private middle. Thanks in advance! I love your videos. You are a lot more honest and a lot less hype about the business and your opinions of it, than a lot of the guys who are pushing their sales here.
This is an EXCELLENT video and well detailed for junk silver. The only thing I would add if you ever do an update to this video is what the current spot price is of silver while making the video because youtube only shows "4 years ago". Spot for silver in 2020 was anywhere from $11.68/ounce to $29.91 per pounce. My assumption is spot was around $18/once while making the video, as you mentioned the most you would pay is around $20/ounce or 14.3X, but no way to know as it is not mentioned.
Hi just hit scribe to your channel because you showed us how to pay correctly for junk coin and I to love silver dimes to know I will feel confident to pay a fair price by using your chart you provided I’m new to silver stacking so I appreciate all the help I can get Thank You 👍
I’ve seen plenty of videos about junk silver and this is the best I’ve seen. Print out of pricing was a nice touch. Keep up the great informative videos!👍👍
This video has been extremely helpful in understanding junk silver. However, I'm wondering if you might have a more updated or current numbers/guide being this was a couple years ago....I guess what i'm asking is would this apply to today's prices? Sorry, still new at this. Either way, thanks for the great videos! ✌️
Thanks for the advice!! I bought my first 10 $ in silver dimes and quarters today , and I’m a keep stacking.hope my wife or daughter’s take it to coin star at the grocery store ,I better hide it thank you
I enjoyed your video Silver Dragons! Even though buying junk silver is the cheapest way to go, I'd be afraid of someone selling a bunch of slick coins that I call slugs and reducing the weight of the coins!
Silver Dragons Thats a good chart to figure silver price . I take .715 X Spot price = Melt Value for $1.00 of silver . Spot price $15.33 X .715 =$10.96 . Just saying this is the way I do it .
No no no .767 I believe is what the book says. And even if you are buying in bulk, 90% is going to go up because there is only so much of it. Suprising why some people call it "junk silver" when there is big premiums on it. No one wants to play by the rules and make up their own. You cant pay melt for this stuff much less .715 the real figure is .767 you guys are making up your own figures
Junk silver is coins with more silver value than numismatic value. So the older the date the worse the condition. Uncirculated coins are not considered junk silver. The coun dealer I did business with for 3 decades always said $1.50 face value equals one troy ounce.
I'm watching this in March 2023. The going rate now for circulated junk silver from SD is a ridiculous $12/ozt over spot and $15 over spot from Money Metals. 🤦♂ Panic, I guess.
It is ultimately better to look at your junk silver value in terms of what it will be worth on the day after the collapse of the dollar. On that day junk silver will be worth approximately $800 per ounce in trade value. With that in mind one single dime will be worth $58 in trade value that puts a whole different perspective on what you should be willing to pay for junk silver now. The reason being the dollar may collapse at any time now. it could collapse today. So is $20 an ounce too much or $30 or $40 an ounce too much to pay? when rolls of dimes and quarters are not available how much will they be worth then? And here is the real kicker, after 30 days silver will be worth three times the value of gold, which at that time should be worth around $10,000 per ounce for gold. That will make silver around $30,000 per ounce in trade value. Just to put things in perspective that means a good double handful of junk silver rolls will be enough to buy a 4 and 1/2 million dollar Honda jet elite with wing tanks. Or a three or four hundred acre ranch with several houses and out buildings on it, totally fenced with electric produced on site. I guess it all depends on whether you look beyond your own nose or can see down the road for a ways. The Bible says thy word is a lamp unto my feet, and a light unto my path.
Great reference, any new stacker should check your videos they are jam packed with info newbies need to know before they start. Keep up the great work.
not the best price but i did bite the bullet and buy 3 BU halves at 15.5x and like an idiot it was 11.5x and didnt realize how good that was and only bought like $4 FV lol so dumb
I think of constitutional silver as fractional you can’t break off a chunk of a gold bar to get a loaf of bread but silver dimes are workable for small purchases
i bought a roll of 1958-64 proof gem dimes for 90$ Dimes are BEAUTIFL and flawless... only one on ebay i saw at this price 1.8$ a dime aint bad for damn near mint dimes
When visiting my LCS, I go in already knowing what spot is for junk silver. I do this by multiplying current silver spot price x .715 and anything asked over that is the premium. So if silver spot is currently 15.50 I multiply 15.50 x .715=11.08, so if they ask 14.50 per face value then I know I am paying 3.42 (3.42/.715= 4.78) over spot for junk value. In reverse if I want to know how many Troy ounces of fine silver I am getting from junk, I multiply the total amount of junk face value by .715, so say $10 face of junk I multiply $10 x .715=7.15 Troy ounces of fine silver, so if I paid $14.50 x $10= $145, then I can divide $145 by 7.15 = $20.28 is what I’d be paying per ounce.
Great video as always, however please frame printed guides like that so the entire thing is flatish, equidistant and in frame at the same time, especially when you tell us to take a screenshot. Keep up the good work.
I found the problem here. Finally after watching this like 15 times. SD never mentioned that you have to reduce the FV to $1 so if you divide the selling price by 10 or 100 you have to also divide the FV down to $1. That's what I was missing. Instead of multiplying the $5 FV roll by 2 you could just divide by 5 (to reduce the FV to $1) and you'd get the same result.
Yes please explain, I agree with audrey silver has gone out the roof since you made this video. I notice you are not very quick to answer, maybe time to re calculate. I hope you will address this.
Buy signal for me is gold/silver ratio. Ratio below 70, I buy gold, ratio above I buy silver. Ratio below 50, all in to gold, ratio above 100, get your last money to buy silver.
I can get a $10 face mix of merc’s and roosevelt’s for $138 right now from my local coin shop. I feel like that’s pretty good considering how everyone is talking about how they can’t get any for a fair price right now.
Year 2020 spot is 15.52, basically you don't pay five dollars over spot. It's 2022 spot is over $25 dollars and that same $100 bag $31.61 a oz. Would you still buy it. Posted March 3, 2022
Thanks for the multiplier chart. Very useful! I notice that 1X = $1.40 per OZ If a LCS is charging 14X while another LCS is charging 14.5x then the second shop s charging 70 cents more per OZ. Easy to compare cost per OZ.
$1.40 Face Value = about 1 TROY Ounce I realize there is a typo but I was just “toying” with you 😏🔥🐉
Silver Dragons
Dude‼️
Seriously, honest best guess...
Where do you see spot for silver going in the next year...
I just can’t decide if buying some junk now is worth the money I’ve saved...
Help...‼️
Now do 40%
Sell me your barber coins and junk Morgans lol
Please do a short video on troy ounce vs ounce!
Russian Bot ruclips.net/video/312s-dKaHSk/видео.html
Honestly this was an amazingly helpful guide, I'm a new investor (in pretty much all things!) First 2 ounces of silver I bought was in bars and cost me $31 per ounce. Now I know how to lower my dollar cost average and make lemonade out these lemons!
On eBay these days we see 31-45$/ounce easy plus shipping its crazy everything is jacked up!
truth is within there’s been a slow and steady decline of silver that’s been brought up to the surface. COVID exasperated that shortage and that’s what’s caused the price hike.
Dude- i noticed that guitar pick amongst ur stack. THAT’S EXACTLY WHAT IS HAPPENING ON MY DRESSER RIGHT NOW!!!
Every week i buy silver at my LCS and stack it on my dresser for a few til i get out the vault and sort it into the prospective place. But the pick always stays…rock on, bro…
This is the ultimate guide. I work at a coin store and frequent this video often to explain 90% silver to my customers.
Thanks - I made a google sheet I can access on my phone with 2 inputs (Total Price-TP and face value-FV) and an output (TP / FV / 0.715). This eliminates the slight rounding issue of using the rule of thumb at 1.40. It really opened my eyes to how big the premiums on junk is today (Oct 2022).
Easy. Just buy at face values in base 10. Then you'd just need to remember to divide total cost by the number 715 . Just move deci around for the base 10 you bought.
$1 face divide .715
$10 face divide 7.15
$100 face divide 71.5
Definitely helpful advice that I needed. I’ve often questioned my purchases after leaving a store if I overpaid or got a fair deal. Appreciate the GUIDE!!!😃
exactly my thoughts ! glad im not alone
I’m just getting into collecting, thank you so much for explaining this!
Gotta say thank you so much for this video! I just picked up some junk silver from a private seller that worked out to $19.04/oz after using your calculations. Spot as I type this is $22.64. Thanks, dude!
I just found your channel. Your video's are fantastic for learning about silver.
Thank you, thank you, thank you! Your time spent in making these videos is very much appreciated! God bless!
Been binging on these old videos the past couple of days. I learned a lot. This was particularly informative, even though the spot price of silver throws your buy point off. I also liked your Gold / Silver ratio explanation. I knew what it was, but you explained how to put it into practice, same with this video.
Thanks sooo much for posting this! Finally an in-depth video on RUclips about buying junk silver. This is really going to help me with my junk silver purchases!
Jamey Collins you are welcome and good luck! 🔥🐉
This has helped me realize that most of the "junk silver" being sold by most vendors is priced at least double it's true value. Thank you for explaining this to us Silver Dragons
One of the best videos I've watched about stacking, thanks for breaking this down.
Usually, my dealer will have the same price on both BU and circulated junk Silver, so I always go with the BU. But to get junk prices for BU coins, they have to be no older than Benjis, Roosevelts, or Washingtons. He'll also some times throw in the common commemorative coins.
this explains a lot for me. A thousand ounce bag of constitutional silver equals 715 ounces. It's not 1000 ounces and that's the trick. It's deceiving. The face value of a dollar is very different than the one ounce. As of today 5/14/23 the price per ounce on SD is 36.27 an ounce. Ouch. Now that I understand I just went online to see what the junk silver is going for.
I can get 1 oz. rounds for less than that. Even the maple leaf is cheaper.
This just saved me a pile of money and I appreciate it.
I have junk silver from years ago. I'll keep that since it seems to be worth more than new minted silver.
Just been stacking recently, can’t wait for your videos to come out. Thank you so much for the content you put out.
I've been getting junk around the 13x and I'm not mad about it. Premiums are crazy right now but I love adding junk to my stack!
Yeah i recently paid the most i ever had for a roll of dimes, but i solely consider it a S hit the fan barter item so im not looking at it in the terms of resale.
Jonny Stacks 13x is not all that bad stack on! 🔥🐉
@@freedomfighter1861
Wait, aren't you that "Hillary Supporter" ..who I see shilling ALL OVER Fox News??
Considering it’s now 21x or more it’s epic at those levels. Man to have a time machine. Lol
Comments like these make me feel ok here in 2022. It's all in the mind. Stack on.
Problem with dimes is 1) they take a long time to count, 2) if FDR, they take time to authenticate by date or by looking at edge to make sure they are before 1965. 3) they are very easy to spill on the floor. The advantage of dimes is that if currency collapses & you have to use they to buy with (barter), they are small enough in value that the issue of "How does the seller give me change?" may not come up.
Thank you for your video. Im a disabled veteran and don't have much income to buy silver (witch I love alot) with and your advice on the junk silver from SD is useful. Im gonna start buying $5 face dimes a month now. Thank you
Right On!
*TRUMP 2Q2Q!!*
buy coin shops it is much cheaper normally
@@thecoinguy007 not anymore, even with the shipping and handling its still cheaper from SD than here local. The shops here in my area are changing a premium on it to make extra money because they know the demand is high right now. I went to all the local shops last month to check out their prices on the same coins I get from SD and they cost more because they say it's the convenient cost witch is bs
Very helpful. Thank you from a brand new stacker!
Just watched again for the second time. Thank You!!!
I know this is a pretty old video but it's still true to this day. Except silver us more and people are paying high premiums. I love the Mercury dimes. But like I said people are paying thr high premiums. Anyway good video and great advice. I enjoy your videos because you talk slow and you make it so interesting fir beginners. So keep it up and keep on searching for what you 👍 like
I'm still new... but if I want to have silver vs having the money in the bank, does buying 90% Silver Coins - $50 Face Value Bag good? I got it for $930. I'm still so lost, it's like there's a ton of information but I haven't found a video of what I need it. I thought I was stacking but my fear is the dollar losing its value so I want to start collecting silver and even if nothing bad happens I have that security there for me or my kids.
The face value multiplier is extremely useful, I wish I knew this when I was more newbie, still a newbie here in youtube though. You have a new subscriber, Venezuelan stacker will show more love to you from now. Thanks for sharing.
Thank you SD‼️ As a paramedic, you have improved my gray matter and my heart health.
Kalola Wahine lol i’m glad to hear it! 😁🔥🐉
Thanks for the guide Dragons! Just a heads up for newer stackers, as Dragons stated the junk is only the halves, quarters and dimes. The chart doesn’t apply for Morgans or Peace dollars as they contain more silver than the “junk” silver coins. Of course, if someone is selling Morgans or Peace dollars at 12x - 14x face then jump on that!
Vertical Stacker yes for sure! also doesn’t apply to 40% halves or war nickels 😂🔥🐉
Yes most of my coins are Morgan and peace dollars and does the video apply to this at all and what would be a good price to buy and sell
I find your study & guidance worth it’s weight in gold!!!
Thank you for such incredible information. Not into buying or trading, just trying to learn new things.
I got screwed on my first sale of junk silver. I was basically forced to toss it in for free with the private, public and foreign silver coins I had that were pure silver. Where is the best place to unload junk silver if I have to sell it short of the apocalypse? Have you done a video, Silver Dragons, on that subject? Or could you possibly do one when you have time? Selling pure silver to a store is quick and I at least get market back with a little small talk, but if I am collecting and investing in junk silver at all I want to be able to get at least market on a sale, if not get my premium for the private middle.
Thanks in advance! I love your videos. You are a lot more honest and a lot less hype about the business and your opinions of it, than a lot of the guys who are pushing their sales here.
I've been collecting for 14 years, never really understood the "lingo". Thanks so much
My sentiments exactly, except it's literally been 14 days.
This is an EXCELLENT video and well detailed for junk silver.
The only thing I would add if you ever do an update to this video is what the current spot price is of silver while making the video because youtube only shows "4 years ago".
Spot for silver in 2020 was anywhere from $11.68/ounce to $29.91 per pounce.
My assumption is spot was around $18/once while making the video, as you mentioned the most you would pay is around $20/ounce or 14.3X, but no way to know as it is not mentioned.
I am new to stacking, and I have learned a lot from your videos. Thank you for sharing your knowledge.
Coin shop in Harlingen TX was trying to sell me dimes at $2 ea. That multiplier is off the chart, lol. Ty sir, good info 😁
That's a bargain.
I always buy atleast 3 "Toy" ounces of junk silver whenever I visit my LCS.😉
do you mean Troy?
@@cyanide5287 6:51 he's jesting about the typo on the paper
One roll of junk silver dimes is 3.6 Oz Troy, for all practical purposes
@@cyanide5287 someone slept through ethics
@@Joker-yw9hl ah
Hi just hit scribe to your channel because you showed us how to pay correctly for junk coin and I to love silver dimes to know I will feel confident to pay a fair price by using your chart you provided I’m new to silver stacking so I appreciate all the help I can get Thank You 👍
I’ve seen plenty of videos about junk silver and this is the best I’ve seen.
Print out of pricing was a nice touch. Keep up the great informative videos!👍👍
Coin & Silver Journey thanks so much! 🔥🐉
I got me a little junk as well! The last junk I got was quarters. Awesome video!
I love old coins so for me this is all I will buy for my stack.
I want history, not some modern rounds with no story behind them...
Hello from a fellow guitar player and gold/silver hoarder
Finall constitutional silver explained simply sand thoroughly! Thank you!
Very useful information. Thanks so much for breaking this down.
great info alot of people doesn't know this. you have to do the math always. if you're rich don't worry about this. good day.
This is worth the time to watch and learn. This is an awesome video as are all the others produced by Silver Dragon productions.
This video has been extremely helpful in understanding junk silver. However, I'm wondering if you might have a more updated or current numbers/guide being this was a couple years ago....I guess what i'm asking is would this apply to today's prices? Sorry, still new at this. Either way, thanks for the great videos! ✌️
Did you figure it out? I've got a formula I use if you still need something.
TREMENDOUSLY HELPFUL! Thanks!
This is a super good explanation!
Thanks for the advice!! I bought my first 10 $ in silver dimes and quarters today , and I’m a keep stacking.hope my wife or daughter’s take it to coin star at the grocery store ,I better hide it thank you
I enjoyed your video Silver Dragons! Even though buying junk silver is the cheapest way to go, I'd be afraid of someone selling a bunch of slick coins that I call slugs and reducing the weight of the coins!
Ron Schneider yeah obviously the older the more worn typically 🔥🐉
Silver guitar pick? Wow so cool, thank you sd for more content.
Thanks, this helps to understand value, to buy or sell.
Thank you very much for the vid! Great information and explained simply. Love your channel!
Great video, We need to stay on top of what we are actually paying for what we get. Thank you for reminding us!
Bricktown Silver you are welcome my friend! 🔥🐉
Great guide, junk silver is awesome! Thanks for the video👌🏻🔥
Silver Dragons Thats a good chart to figure silver price . I take
.715 X Spot price = Melt Value for $1.00 of silver . Spot price
$15.33 X .715 =$10.96 . Just saying this is the way I do it .
Rocky superstar that is a good way to do it as well! 👍🏽🔥🐉
No no no .767 I believe is what the book says. And even if you are buying in bulk, 90% is going to go up because there is only so much of it. Suprising why some people call it "junk silver" when there is big premiums on it. No one wants to play by the rules and make up their own. You cant pay melt for this stuff much less .715 the real figure is .767 you guys are making up your own figures
Supply and demand...
Set my OCD on fire when you mixed the Mercury and Roosevelt's. Lol
Ready Or not 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🔥🐉
Misused apostrophe!
I would sell my Roosevelt's if some will to give me a dollar for that idiot president. I love Mercury hard to confuse them.
@@DriftinDoug
Well, keep on drifting, Doug...
"my ocd" *uses apostrophe wrong*
that silver guitar pick is awesome
Incredibly informative.
Thank you.
Amazing video man! Thanks so much! Very Informative!
Love those Walking Liberties!
Where in Canada you at?
Thank you very much for this! Been stacking mostly junk silver since prices went up over 20 an once. I can still get this for less.
Very cool presentation! I subscribed and liked! Thanks!
Wow... Thank you so much for the info on buying junk silver. 😎👍
Thank you for the excellent video SD 🥈🐉
Junk silver is coins with more silver value than numismatic value.
So the older the date the worse the condition.
Uncirculated coins are not considered junk silver.
The coun dealer I did business with for 3 decades always said $1.50 face value equals one troy ounce.
I just picked up two tubes of Silver dimes. $5 FV each tube. Got them bought for 67.50 per tube. Not too bad for a quick pickup
I'm watching this in March 2023. The going rate now for circulated junk silver from SD is a ridiculous $12/ozt over spot and $15 over spot from Money Metals. 🤦♂ Panic, I guess.
This is extremely helpful info for a noob like me. Thanks!!!
Some great information for me to decide what I want! I am going to have to explore
It is ultimately better to look at your junk silver value in terms of what it will be worth on the day after the collapse of the dollar.
On that day junk silver will be worth approximately $800 per ounce in trade value. With that in mind one single dime will be worth $58 in trade value that puts a whole different perspective on what you should be willing to pay for junk silver now. The reason being the dollar may collapse at any time now. it could collapse today. So is $20 an ounce too much or $30 or $40 an ounce too much to pay? when rolls of dimes and quarters are not available how much will they be worth then?
And here is the real kicker, after 30 days silver will be worth three times the value of gold, which at that time should be worth around $10,000 per ounce for gold. That will make silver around $30,000 per ounce in trade value.
Just to put things in perspective that means a good double handful of junk silver rolls will be enough to buy a 4 and 1/2 million dollar Honda jet elite with wing tanks. Or a three or four hundred acre ranch with several houses and out buildings on it, totally fenced with electric produced on site.
I guess it all depends on whether you look beyond your own nose or can see down the road for a ways.
The Bible says thy word is a lamp unto my feet, and a light unto my path.
0.6 oz Canadian pre 1968 silver dollars are the bomb here. Easy to evaluate the price/weight beautiful coin and always under/on spot at my lcs.
Kind and honest presentation...TY!
Thanks for the up's, Appreciate it!
I love my US and Canadian minted junk. Particularly 90% dimes and quarters, and 35% War Nickels.
TDK2K the war nickels usually are cheap for sure! 🔥🐉
Love the break down! I know it’s 4 years old video, is it still the same?
Thank you for the video, I am a beginner of silver stacking. It was very helpful.
Awesome video man! I love that 14.3 threshold. I’m going to stick to that!
Great reference, any new stacker should check your videos they are jam packed with info newbies need to know before they start. Keep up the great work.
carlos danger awesome thanks for watching! 🔥🐉
I felt pretty good getting mine for between 15 and 16x face a week ago.
mobilerocker at least you got em! 🔥🐉
not the best price but i did bite the bullet and buy 3 BU halves at 15.5x and like an idiot it was 11.5x and didnt realize how good that was and only bought like $4 FV lol so dumb
This is a fantastic video! Thanks for the reference
This is a VERY INFORMATIVE Vid... Thanks for taking the time to break everything down!!! I "LIKED & SUBED."
I'm new to stacking and this was extremely helpful! Keep up the great work!
I think of constitutional silver as fractional you can’t break off a chunk of a gold bar to get a loaf of bread but silver dimes are workable for small purchases
i bought a roll of 1958-64 proof gem dimes for 90$
Dimes are BEAUTIFL and flawless... only one on ebay i saw at this price
1.8$ a dime aint bad for damn near mint dimes
You should do a video explaining how to calculate the value of the junk silver you already own
Wow, these prices from April 2021(?) seem very good compared to November 2021.
According to the math as of today, that 100$ bag of dimes would be 30.842 /oz junk silver 2,203.99 for the bag as of today.
Junk was my start so I sure do know what is up with it. Great stuff for sure. Have a great weekend son.
Tomoko's Enterprize oh yeah so much fun for sure! 🔥🐉
Thanks for the video! It was a great help!
When visiting my LCS, I go in already knowing what spot is for junk silver. I do this by multiplying current silver spot price x .715 and anything asked over that is the premium. So if silver spot is currently 15.50 I multiply 15.50 x .715=11.08, so if they ask 14.50 per face value then I know I am paying 3.42 (3.42/.715= 4.78) over spot for junk value. In reverse if I want to know how many Troy ounces of fine silver I am getting from junk, I multiply the total amount of junk face value by .715, so say $10 face of junk I multiply $10 x .715=7.15 Troy ounces of fine silver, so if I paid $14.50 x $10= $145, then I can divide $145 by 7.15 = $20.28 is what I’d be paying per ounce.
Silver Barr nice way to do it! 🔥🐉
@Emerald Lx where is this AG calc app? I can’t find it
Great video man, I'm sure it helped alot of people.
Silver BeachBum thanks that is my hope! 🔥🐉
Great video as always, however please frame printed guides like that so the entire thing is flatish, equidistant and in frame at the same time, especially when you tell us to
take a screenshot. Keep up the good work.
Rory Ross I also have it listed in the description 👍🏽🔥🐉
@@SilverDragons47 you did great. I subscribed. Thank u!
Great way to calculate the cost. With being video being old maybe you could say how much over spot you would go rather than the 14.3 $ 20.00
I found the problem here. Finally after watching this like 15 times. SD never mentioned that you have to reduce the FV to $1 so if you divide the selling price by 10 or 100 you have to also divide the FV down to $1. That's what I was missing. Instead of multiplying the $5 FV roll by 2 you could just divide by 5 (to reduce the FV to $1) and you'd get the same result.
11:20 you say you’d never pay more than $20/oz. does that still hold true for you with where Silver has been the past week or so?
Yes please explain, I agree with audrey silver has gone out the roof since you made this video. I notice you are not very quick to answer, maybe time to re calculate. I hope you will address this.
Im curious as well.
Most local silver dealers in Maine are selling $1.00 face value for $24.00. This is when the spot price is at $29.50/ounce.
Buy signal for me is gold/silver ratio. Ratio below 70, I buy gold, ratio above I buy silver. Ratio below 50, all in to gold, ratio above 100, get your last money to buy silver.
Thank you for explaining this.
I can get a $10 face mix of merc’s and roosevelt’s for $138 right now from my local coin shop. I feel like that’s pretty good considering how everyone is talking about how they can’t get any for a fair price right now.
Year 2020 spot is 15.52, basically you don't pay five dollars over spot. It's 2022 spot is over $25 dollars and that same $100 bag $31.61 a oz. Would you still buy it.
Posted March 3, 2022
Thanks for the multiplier chart. Very useful!
I notice that 1X = $1.40 per OZ
If a LCS is charging 14X while another LCS is charging 14.5x then the second shop s charging 70 cents more per OZ. Easy to compare cost per OZ.
It's October 2022, and these multipliers no longer work.
We need an updated chart. Lol
thanks for the junk ilver multiplier i will use it in the future