I got divorced when I started collecting silver. That was 12 years ago. I have managed to collect over 3000 oz since then. The ex was into buying furniture, cars nic nac stuff etc. Wonder how that's going to work out for her....Sorry, I know that was a left field comment... ;-)
Well that’s how it kind of goes in my home too. I’ve always been into more “wise” investments and rarely into things that lose value immediately upon purchase.
Yea my wife didn’t really understand it either until we used some of our silver we stacked to pay cash for a 7 day Caribbean vacation lol we have everything marked what we payed and what we sold it for and we she saw the math on what I payed and what we got for it she was then sold she now helps me coin roll hunt always looking in her change for silver lol it’s awesome when your wife actually is on board and understands what protecting your wealth means
@@Spegtacular for now i am just letting her stack clothes and hoping that she catches on that my stack is worth more over time. it's starting to sink in now that prices are on the rise.
Concur. In my family, we don't keep our money in either banks or bonds. If silver/gold at least keep up with inflation, then why would you ever take a negative yielding bond or anything paying less than 3% per year (that's the stupid gov calculation of cpi). You do have to hold long in some date ranges for it to work, but only keep the short term working capital around in cash, say 1 years expenses or 10-20k around for emergencies. The rest gets stored in real money.
Convinced my wife by telling her I was building us as treasure chest. Asked her if she would be interested in having her own personal treasure chest. She loved the idea and has become a regular buyer of silver. Bought me a 2 oz libertad for a gift recently. It is a great feeling to have her on board. Buy your wife a 2 ox poured heart you had specially made for her. Touches a woman's heart.
When silver price starts running upwards,constutional silver will fetch a higher premium.it also tends to be harder to find.as they get older they will become more highly appreciated.
@nunya - 2 years later. People are upset with the $22 - $23 because spot was close to $27. 🤣 20/20 hindsight. $60 dime tubes of BU 59 - 64 we're an easy $100 not long ago.
Mercs and frankies are my fav. You dont have to check the date or edges to check if they're silver, you just know looking at them unlike rosies and washington quarters. Plus the designs are pretty neat too. Walking lib halves are cool but they're hard to find in nicer condition without paying a premium and are usually pretty worn.
Picked up 20 standing liberty quarters and 20 barber quarters...all full dates...from my LCS “bucket” last week for 13 times face. Really nice coins. I don’t particularly stack quarters, but I just couldnt leave the little fellas behind 😁
Great video Speg! I enjoy the way you commentate and explain your knowledge you imbibed and retained on your journey with your viewers and more. I started at age 8 and have been in the hobby for 36 years and as much as I have learned, I still learn new things and enjoy seeing the coins and bullion as always. Best, SilverCityCoins&Bullion, Aaron
The suckers will be buying 90% silver dollars for $22.00, but actually paying $24.45 for the silver content.Each Peace Dollar is struck from 90% silver and contains 0.7734 ounces of the precious metal .
I’ve always loved the constitutional silver and no I didn’t fall asleep nor did I find this boring. How could anyone find the topic of silver boring ? Thanks so much for all the details and making of this video. 👍
Great video Speg. I love the constitutional silver. Being a stacker, I usually turn away from the old Barbers and SLQ because of the wear. I know they have a better premiums on them usually and it's not to say I don't have any. Just if given the choice of a roll of Barber dimes and Roosevelt dimes, I'd take the Rosies (assuming the Barbers were the normal wore down ones). However, chances are I could sell the roll of Barbers for more but again right now, I'm trying to get as much silver for as low cost as I can...stackin' hard 😀 Thanks again Speg...great discussion!
Mercury dimes are so beautiful, I like those and St. Gaudens $20 gold piece and the Indian incuses. Man we use to have beautiful coins in circulation for a brief moment in history.
I have to disagree about avoiding silver with no dates. The intrinsic value of the silver alone is worth getting it while it's available because when the reset happens....
If I had $100 to buy junk silver and I have the ability to choose what pieces I’m getting out of a giant pile, I’m always choosing coins with dates. It makes no sense to buy dateless coins if you have a choice.
Great video buddy, so much info to take in with coins! Thats part of the reason i slowed way down on my coin collecting and started stacking. Plus it got to the point where i was only needing key dates and would rather spend the money on bullion lol. thanks for sharring Speg love your channel man!!
@@Spegtacular thats so funny! I was so afraid of coin collecting ending up like stamp collecting did and giving my son a bunch of worthless stuff that i spent alot of $ on like my dad did to me with his stamp collection
Is there a difference between cleaning versus washing? I put my Constitutional in a colander and gently wash and rinse the coin pile with dish soap and water, but I'm not using silver cleaner for a high gloss.
Went to my LCS this weekend, love me some Mercury Dimes, found a bunch in their junk silver bin...and Barber quarters, got real excited when I found that one. And Franklin halves....got a couple of those. Man those three are my favorite. One coin shop in my area just lumps all their junk silver in bins based on face value....another separates his Barbers and charges more....love me some constitutional silver. Going to fill up a tube of Mercury's, then a tube of Franklins....doubt I can find Barbers unless I buy them off the web.
I wanted to share my junk silver story...... I saw an ad on Craigslist where a small time retail dealer was selling some junk silver for spot price (he probably was short on cash). He had a bunch of silver quarters that I was interested in and he said I could look through the pile and pick out any ones I wanted.So I was picking out a lot of shiny ones that were mostly 1963 or 1964 dated because I knew they had more silver content than the older, more worn quarters. One of the shiny ones I picked out was a 1930 something date but I didn't look at it too closely because I didn't want to draw too much attention to it. When I got home I saw that it was an uncirculated 1937s which I promptly put on Ebay and it sold for over $50. !! You should have seen that poor dealer's face when I told him about my lucky find and how much I sold it for on Ebay !
@Liberty is not free exactly. I am happy for.your find but it's like going to another country and telling them that the shoes being g offered for $5 are $2,500 Chanel boots. Enjoy your bargain. I would keep it quiet.
Nice video. Actually, the type 1 Standing Liberty quarters 1916 rare date and valueable , the no date slik coins can and are idenrifable. The difference between them and others is the die change at The base of the back of the neck and the hair change. I have seen certified PCGS and NHC examples sell for in excess of 2k bucks.
I like that Spegtacular button you have on your glove. I also wear my gloves sometimes when I'm going through my coins. I know they are circulated coins but why expose them to more oils in your hands. Thanks for sharing this great video.
I bought a lot of U.S and Canadian constitutional silver in 2013. My coin dealer was having a hard time getting Maples, so I went that route. Haven't bought much of them since then. He had a whole bag of U.S. half dollars. I think I bought the vast majority of them. Gave each of my kids a roll of 20 half dollars for their birthdays. My grandkids gets an ounce of silver and a gram of gold for their birthdays and Christmas.
I avoided dollars, but I want at least 20 (Peace dollars because they are more beautiful than Morgans) of them because I like the way they clink when I shuffle them from one hand to the other. And I might try putting as many as I can on my elbow and catching them in my hand like Fonzie!
Another awesome video- I always loved collecting dimes- I have an old piggy bank of just dimes - I’m going to look though them tomorrow.....at least $100 in dimes in there - maybe I’ll find some silver in there💰👍 if not, I guess I’ll have to go to the LCS....😊
I have a 1905 barber dime.it is by far the most perfect barber dime I have ever seen with my eyes that I could hold in my hands.I never realized how beautiful these are. Once you see one in perfect condition you will most likely agree
I’d like to hear others opinions on a question I have. Say there is an economic collapse, do you really think you can walk into your local grocery store & trade a few mercury dimes for food? I have silver & I’ve never been able to grasp the concept of bartering with precious metals for tangible goods in the event of a collapse. How will that work? Will some govt official have to make a declaration or will the public have to agree that pm’s can be used? Also, if the economy does take a dump & silver prices go up enough to sell, what are you going to sell your silver for, a failing currency? Just some thoughts.
So Martin, I'm not sure if you wanted me to answer this or not. Silver and gold are money and have been for thousands of years. They're precious to people. Now, an economic collapse doesn't effect only the USA which may cause you to think "why would it matter" but it's a global problem because many countries are seriously tied to one another. If the dollar fails then it will be like a domino effect. What will be valuable if that happens? Likely, the same thing that has always been valuable. Hopefully others can chime in.
In Venezuela an ounce of silver is worth 4 million dollars. People sell there silver to a shop. The shop credits their account. Then they go and buy groceries. No wheel barrow needed. 4 million sounds like alot of money but it will buy about $18 worth of food.
Honestly if there is a major "collapse" like a lot of people think then gold and silver will be the least of your worries. Food and water and weapons will be what people would barter with in an all out collapse. Now I don't believe we will ever have a situation like that but you never know. I buy silver and gold more as a hedge to my other paper investments due to the inevitable inflation that is coming from current monetary policies. And I also treat it as a hobby just collecting for fun. Hopefully one day my grand kids can benefit greatly from my hobby when I'm gone. Ill probably never sell any of my silver or gold unless things got really bad.
Me too. They're easily recognizable as old coinage without checking a date. They're definately the go to when buying small denom coinage ( when the price is right).
@@Spegtacular I was there this week when the market dropped and he had been cleaned out of 90% and bullion. He said that customers only wanted those, leaving all the 40% which he practically paid me to take.
Was just gonna ask about junk silver and here's the video. ha! I just learned that I shouldn't clean my coins too. Did not know that. I'm going shopping today. Thanks
I like finding Spanish American Wreck site coins on Treasure Coast beaches in Florida near the wreck sites after tropical storms and hurricanes. Going in the water is illegal & even the remote sites have cams. Also don't park in a FEDERAL parking lot because metal dectetor possession on Fed land is serious time, fine & bye-bye detector & booty. 🐥😘
Yep Roosevelt was 33° free mason who served 3 terms as President. However during one of his terms I believe it was his 2nd where he was hospitalized with polio, Lady Roosevelt served on his stead. Great vlog! I'm going roll hunting today hope I score!
That 1916 barber dime was obviously cleaned. No question about it. But it was clean probably along time ago and then naturally toned after the cleaning. It’s probably only a VG grade but cleaned 50 years ago
I think you get a better bang for your buck collecting pure silver bullion coins or bar. Another Overtaxed Payer has a video that looks at the cost per ounce. Junk silver used to be good at one point in time when you could find some silver coins in bank rolls. Now you have to primarily get junk silver from coin shops or order bags of junk silver from the US mint. These options can be quite pricey. These coins are also not .999 or .9999. They are no doubt silver but unless you are familiar with silver content in US coins, it is not the best option if you are looking at quantity, quality and price when stacking silver.
Test the math and you’ll often finding junk to be the king when it comes to price. Be careful with over taxed. I’ve had to make videos before about his lack of responsibility when speaking about precious metals prices.
Constitutional silver is always the way to go for people that just like to stack silver. Just buy common dates and slicks and you can stretch your money way further.
Well, next Thanksgiving when we have the fine china out and the silverware settings, I’ll just tell everyone to disregard the black discoloration on the forks and spoons. “It’s just toning, the silverware’s fine to put in your mouth.” 😉
Don't know if anyone knows how things are really going to shake out with silver.in the future. So what I have been trying to do is stack a 1/4 in 10 oz bars, 1/4 rounds, 1/4 bullion coins and 1/4 junk silver. Is there anything else I might be missing? It could just be when the time comes silver is silver. It does make it a little more interesting doing it this way though.
Kenneth yea ik that’s why I’ve bought 40 ounces in two months from him and the guy bought most of his silver in early 2000s when it was 5 dollars an ounce
Great video Speg! I wish I could buy silver currency coins like these but those are taxed 15.25% here in Montreal ;( If I get a chance to get some privately I will!
Thanks for another great video. There was actually one cleaned coin I bought on one occasion that just by getting it slabbed by pcgs I was able to sell it for 140$ more than what I initially paid. I believe it was 1900-S morgan in Genuine Unc -Cleaned. Some times I will do stuff like that if I know I can flip Morgans. It takes a lot of time searching to find good deals like that though.
Additionally, This video makes me want to trade out some of my .999 for 90%. The good thing is I do have a roll of Silver eagles that I bought right at spot when they were 14-16 each using Ownx.com. I could easily resell them for 22-24$ ea. There is an Army recruiter locally who will buy off me if I ever want to sell. The best part about that is I don't have to worry about eBay and fees and don't have to sell to a shop and lose money.
Do you flip Morgans often? One of my favorite coins right there! I don’t think you should switch .999 for 90% just keep the .999 and then buy 90% too! ;)
@@Spegtacular Yeah I flip Morgans quite a bit, I'm not always successful with it, but it's a fun hobby. When I get coins back that are genuine details for the most part I just keep them instead of trying to resell them.
There's also a possibility of finding a key date. Someone who found a 1916 quarter paid $3 for it but it's worth $800-$1000 in poor condition. Btw the 1916 had a worn off date, BUT to the trained eye, there are tell-tale design features that are different between the 1916-Type 1 and 1917-Type 1.
Even though there’s some coins that have “features” or design traits specific to a certain coin’s year, if the coin has a worn off date, it’s worth next to nothing. Look on EBay at 1916 quarters that have the date worn off. They have a hard time selling.
I love the American history, “Americana”, aspect of coin collecting so that’s why I gravitate towards the coins that were actually used as currency. Plus, in the event of an economic collapse, I believe that many people will find comfort in the familiar and it will be easier to use these kinds of coins to buy day to day items.
I planned to stick to 1/2oz buffalos and 1oz pure silver eagles.... is that enough for a good diversity or should I have some 90% quarters? I just stick to the fact that there’s no fuss since you KNOW it’s pure but I’m open to options
Be as diverse as you feel comfortable being. I like a little of everything but some people view diversity differently or are less diverse than I am. It's a preference thing.
I love junk silver (and your videos) and ya i accumulate it, but i do occasionally buy the 40% and world junk silver cause i can get silver close to spot that way ..i know most people disagree, but i think eventually, it will sell at a much higher premium for two reasons A.90% us jubk silver the premiums are getting ridiculous, people are gonna get sick of paying high premiums and look for alternatives, such as 40% or world junk silver B. They arent making anymore of it, so fixed supply+ increase in demand=higher prices,
My daughter and son in law received big bonus and decided to commit $5000 to gold and silver . It is for wealth preservation and diversication . Sooo question what do I buy as I’m the buyer. ? My thought is two gold eagles , bag of junk silver , 20 silver Eagles , 2 10 ounce silver bars What do u think Speg
For the price of a couple of ASEs, you could buy a few shares of a low price miner,trading at 1 to $3 a share. Trade these for some profits,DO NOT TRADE YOUR GOLD. EXK, which trades about $2.50, was up 7.5% one day this week, up about 15 cents in a day. I keep a little portfolio of 7 of them. All are rallying ,along with gold and silver. Their Tech charts are good. SSRM has a great chart, with a huge cup, followed by a nice handle. Trades in the $15 area. I would not think of trading the coins. WHEATON, WPM gets $27 million cash flow per employee!
Buying shares and investing in precious metals is two very very different things and is useful to people for a completely different reason. You can’t view precious metals as a way of getting a return like your stocks in companies. Stick around for a while and we’ll help it make sense to you :)
just to let you know that 1953 Franklin half no mint mark which is Philadelphia is the semi key date. and it has a nice lustre and in au to bu condition will worth a lot of money on ebay! 1955 P Franklin is the key date!
I love that 1916 toned dime. Perhaps years ago it had toned & was in a collection. It had then somehow got into circulation and parts of the tone wore off in Elvis's pockets of change and car keys. One of the Rosies looks to have some cameo & still minty
@@Spegtacular online auction with local pick up, shipping is not worthwhile. My parents live in a small town, I bid they pick items for me.There is less competition in smaller market. Sometimes you can find these at estate sales etc., but you have to physically be there.
I have started to collect coin sets for the birth dates of my Grand parents. Grandpa on dads side was born 1894. I am going to try to obtain every U.S. 1894 coin made for that year. One in memory of each grand parent. Sounds dumb but I cant use any coin I already have. Regards from Ody
That’s not dumb at all Ody. I keep pre1983 pennies for their copper content.. everybody collects something different;) we’re all snowflakes ... in a good way
I don't quite understand Where are you buying this junk silver for a profit? I live in the UK, i don't know anywhere to get junk silver coins. I can find some sold on ebay, but the cheapest option is 1/2 oz for $28. Hardly seems worth it. How do i get them cheap?
I will never trust junk silver for change in a purchase. I will always insist on .999 purity PM. I would be concerned that the junk would get mixed into everyday clad coinage.
I buy junk silver from a dealer at the flea mkt. in my town. Usually at a few cents over spot, I only buy U.S. coins with readable dates. A wise man told me years ago " never buy anything you can't resell" . In a crisis, how many common people would know the value of any foreign silver coins ?
I don't believe that the "appearance" of junk coins would matter very much during an economic collapse/apocalyptic situation; as long as the silver content is greater such as 90%.🤔 What is your viewpoint regarding that🤔?
Golden State Mint is running a sale on war nickels right now, $37 and change for 40 and if you buy 120 or more you get free shipping. I was going to buy 80 buy I bought 120 to get the free shipping.
Well, usually a shop doesn't charge you much more than a $1 or so max over spot for junk silver. $1.40 face value of junk silver is approximately one ounce of actual silver by weight. So if you figure silver is at XXX price per ounce today, then you wouldn't want to go much over $1 over that per ounce of junk silver.
There really isn't a formula because everybody sells theirs as different prices. I'm just not in the business of buying junk for more than one dollar an ounce over spot. You can use the coin calculator on coinflation.com and that should help you see easily what the ounces are and how much $ worth of silver is in x amount of junk silver.
@@Spegtacular Standing liberty's, Franklin, and Kennedy Half's no good dates. The spot price was higher than last week .35¢ but after negotiating I didn't pay that.
Beautiful barber! That's funny what you said about your first "buy all the junk silver you can" video, I watched it I think along with all your other first vids, it's so funny how content creators change over the years, everone will be laughing at me when I make my first video, but yes this video was longer than expected but it was in the morning and I had to leave, anyway constitutional silver is the way to go!! And after watching dragons video, don't forget to throw some war nickles in there!!! It makes cents!!!!
I’m not a fan of the war nickels. I saw his video trying to justify their purchase but I’m going to kindly disagree on them. I have a few for fun but that’s about it.
@@Spegtacular yea I don't have any myself,but once spot price goesd down and they have those .05 under spot sales I'll probably pick up a few roles because 50%copper 35%silver couple months ago when spot was 15 provident, I know your favorite place, had em for .5 under spot and then you get the copper value, idk it's just like 40% Halves no one wants em but there is value there, you gotta buy the disliked shit for cheap and once the cycle goes around itd be like dang I wished I woulda hoarded those, I'm probably totally wrong but idk, I mean im one of those dudes that saves pre 82 pennies so, I think now's a great time to load up on platinum but the dang premiums are so high, anyways peace man! Have a great weekend!
According to the US Inflation Calculator, 10 cents in 1916 is the equivalent of $2.35 today. So holding that silver dime for inflation protection wouldn't have worked. On the other hand, a circulated 1916 gold eagle is worth $731.17, gold value, vs the $235 that 1916 $10 is worth today. However, today is another matter; though lately, gold has been a better inflation protector.
I got divorced when I started collecting silver. That was 12 years ago. I have managed to collect over 3000 oz since then. The ex was into buying furniture, cars nic nac stuff etc. Wonder how that's going to work out for her....Sorry, I know that was a left field comment... ;-)
Well that’s how it kind of goes in my home too. I’ve always been into more “wise” investments and rarely into things that lose value immediately upon purchase.
Congratulations on your divorce
DebbyAbqNM don’t confuse needs vs. wants. You NEED food and water, you don’t need cars and nick-nacks
@@WrvrUgoThrUR Precisely right. ;-)
@DebbyAbqNM nice. I'm almost there.
Yea my wife didn’t really understand it either until we used some of our silver we stacked to pay cash for a 7 day Caribbean vacation lol we have everything marked what we payed and what we sold it for and we she saw the math on what I payed and what we got for it she was then sold she now helps me coin roll hunt always looking in her change for silver lol it’s awesome when your wife actually is on board and understands what protecting your wealth means
I’m still working on mine ;) awesome that yours is on board!
@@Spegtacular for now i am just letting her stack clothes and hoping that she catches on that my stack is worth more over time. it's starting to sink in now that prices are on the rise.
Concur. In my family, we don't keep our money in either banks or bonds. If silver/gold at least keep up with inflation, then why would you ever take a negative yielding bond or anything paying less than 3% per year (that's the stupid gov calculation of cpi). You do have to hold long in some date ranges for it to work, but only keep the short term working capital around in cash, say 1 years expenses or 10-20k around for emergencies. The rest gets stored in real money.
Convinced my wife by telling her I was building us as treasure chest. Asked her if she would be interested in having her own personal treasure chest. She loved the idea and has become a regular buyer of silver. Bought me a 2 oz libertad for a gift recently. It is a great feeling to have her on board. Buy your wife a 2 ox poured heart you had specially made for her. Touches a woman's heart.
)lucky you god bless
It's pretty cool when you can get 100 year old historic gold and silver for around spot price. Best value around IMO.
Unbelievable! We’re living in an amazing time
When silver price starts running upwards,constutional silver will fetch a higher premium.it also tends to be harder to find.as they get older they will become more highly appreciated.
I agree! Nice name ;)
@nunya - 2 years later. People are upset with the $22 - $23 because spot was close to $27. 🤣 20/20 hindsight. $60 dime tubes of BU 59 - 64 we're an easy $100 not long ago.
@@goldcicvibefel7628 Totally agree
If silver goes up even the older silver dimes can be worth $10. It will be handy having half ounce pieces or less.
Right on.
glad I found your RUclips channel ❣️ I think I'm gonna subscribe!💁👍👏
Mercs and frankies are my fav. You dont have to check the date or edges to check if they're silver, you just know looking at them unlike rosies and washington quarters. Plus the designs are pretty neat too. Walking lib halves are cool but they're hard to find in nicer condition without paying a premium and are usually pretty worn.
Right on! I love them too
Picked up 20 standing liberty quarters and 20 barber quarters...all full dates...from my LCS “bucket” last week for 13 times face. Really nice coins. I don’t particularly stack quarters, but I just couldnt leave the little fellas behind 😁
That’s an awesome pickup though
Great video Speg! I enjoy the way you commentate and explain your knowledge you imbibed and retained on your journey with your viewers and more. I started at age 8 and have been in the hobby for 36 years and as much as I have learned, I still learn new things and enjoy seeing the coins and bullion as always.
Best, SilverCityCoins&Bullion,
Aaron
If there is ever a run on silver, 90% will be gone first.
I think you’re right!
@@soupergenius8597 Because the premium is lowest
The suckers will be buying 90% silver dollars for $22.00, but actually paying $24.45 for the silver content.Each Peace Dollar is struck from 90% silver and contains 0.7734 ounces of the precious metal .
Generic silver will be the 1st melted. Maybe not the 1st sold at coin shops.
Selling retail or melting?
I’ve always loved the constitutional silver and no I didn’t fall asleep nor did I find this boring. How could anyone find the topic of silver boring ? Thanks so much for all the details and making of this video. 👍
Wish I saw this video when it was made three years ago.
Refiners don't even buy 40% anymore last I tried.
Silver and gold have the ring of truth. Buy silver now or regret it the rest of your life.
Ok I will buy it!
Smashed the like button! Love getting as much 90% silver as I can!
Two years ago was a great time to buy 90% I wish I could get it for that price now.
Great video Speg. I love the constitutional silver. Being a stacker, I usually turn away from the old Barbers and SLQ because of the wear. I know they have a better premiums on them usually and it's not to say I don't have any. Just if given the choice of a roll of Barber dimes and Roosevelt dimes, I'd take the Rosies (assuming the Barbers were the normal wore down ones). However, chances are I could sell the roll of Barbers for more but again right now, I'm trying to get as much silver for as low cost as I can...stackin' hard 😀 Thanks again Speg...great discussion!
There you go TB! Stack hard and stack often. They typically have a lot of wear, but I jump on cheap barbers/slq’s for their history.
Mercury dimes are so beautiful, I like those and St. Gaudens $20 gold piece and the Indian incuses. Man we use to have beautiful coins in circulation for a brief moment in history.
I love junk silver and coin roll hunting. When spot price is high, it's one of the best low premium silver values around.
Coin roll hunting aka treasure hunting!
I have to disagree about avoiding silver with no dates. The intrinsic value of the silver alone is worth getting it while it's available because when the reset happens....
If I had $100 to buy junk silver and I have the ability to choose what pieces I’m getting out of a giant pile, I’m always choosing coins with dates. It makes no sense to buy dateless coins if you have a choice.
@@Spegtacular
That's very true .
Yes dated coins hold me silver content than dateless
@@darrellmathis1 in general it is true.
You could always melt them down
You can never talk too long about Silver and gold, or coins.
Enjoyed it 👍👍.
Great video buddy, so much info to take in with coins! Thats part of the reason i slowed way down on my coin collecting and started stacking. Plus it got to the point where i was only needing key dates and would rather spend the money on bullion lol. thanks for sharring Speg love your channel man!!
Thanks Gram. I think you and I ended up doing things very similar to one another!
@@Spegtacular thats so funny! I was so afraid of coin collecting ending up like stamp collecting did and giving my son a bunch of worthless stuff that i spent alot of $ on like my dad did to me with his stamp collection
when it comes to junk, Franklin halves are my favorite..
Speg! 3 years after you posted this I'm watching it lol. Thanks man. Just bought $40 yesterday.
I tried to tell people..
I love 90% because every coin has a story. Every coin has been passed around by multiple generations.
It’s the backbone of our financial system.
Lot of great history there. And classic designs. 👍👍🇺🇸🇺🇸
Totally agree there Silver Heist!
Is there a difference between cleaning versus washing? I put my Constitutional in a colander and gently wash and rinse the coin pile with dish soap and water, but I'm not using silver cleaner for a high gloss.
I agree with you on junk silver being history in your hand...modern day treasure hunting is a great analogy...Awesome constitutional coins there!!!
I am 96, and grew up with those great old coins. Indian head pennies were common coins at the time, more prevalent than Lincolns!
I love digging through junk piles for this stuff!
I wish I could be in your brain for a while to see the changes you’ve witnessed.
@@jaddy540 Wow! God bless you. Imagine if you kept all of your change over all of those years! You would have $1000 bags of those old coins!
Went to my LCS this weekend, love me some Mercury Dimes, found a bunch in their junk silver bin...and Barber quarters, got real excited when I found that one. And Franklin halves....got a couple of those. Man those three are my favorite.
One coin shop in my area just lumps all their junk silver in bins based on face value....another separates his Barbers and charges more....love me some constitutional silver. Going to fill up a tube of Mercury's, then a tube of Franklins....doubt I can find Barbers unless I buy them off the web.
You’d be surprised. I’ve gotten my barbers from junk bins
My Local coin shop has plenty of Barber Quarters and Standing liberties.
I wanted to share my junk silver story...... I saw an ad on Craigslist where a small time retail dealer was selling some junk silver for spot price (he probably was short on cash). He had a bunch of silver quarters that I was interested in and he said I could look through the pile and pick out any ones I wanted.So I was picking out a lot of shiny ones that were mostly 1963 or 1964 dated because I knew they had more silver content than the older, more worn quarters. One of the shiny ones I picked out was a 1930 something date but I didn't look at it too closely because I didn't want to draw too much attention to it. When I got home I saw that it was an uncirculated 1937s which I promptly put on Ebay and it sold for over $50. !! You should have seen that poor dealer's face when I told him about my lucky find and how much I sold it for on Ebay !
@Liberty is not free exactly. I am happy for.your find but it's like going to another country and telling them that the shoes being g offered for $5 are $2,500 Chanel boots. Enjoy your bargain. I would keep it quiet.
Nice video. Actually, the type 1 Standing Liberty quarters 1916 rare date and valueable , the no date slik coins can and are idenrifable. The difference between them and others is the die change at The base of the back of the neck and the hair change. I have seen certified PCGS and NHC examples sell for in excess of 2k bucks.
I’m definitely a collector of such fine Historical coinage
Great me too.
I like that Spegtacular button you have on your glove. I also wear my gloves sometimes when I'm going through my coins. I know they are circulated coins but why expose them to more oils in your hands. Thanks for sharing this great video.
Thanks Armando. It’s YOUR collection so do what you like to it. Sometimes I like wearing gloves.. with buttons... that have my name on it... lol
I bought a lot of U.S and Canadian constitutional silver in 2013. My coin dealer was having a hard time getting Maples, so I went that route. Haven't bought much of them since then. He had a whole bag of U.S. half dollars. I think I bought the vast majority of them. Gave each of my kids a roll of 20 half dollars for their birthdays. My grandkids gets an ounce of silver and a gram of gold for their birthdays and Christmas.
You can count me as another 90% fan. But I’ve been a coin collector since I was a child, love the history of money.
Right on! Isn’t the history and the thought of where it’s been fascinating?
I like Franklin halves. It's a slippery slope from bullion to numismatic !
I avoided dollars, but I want at least 20 (Peace dollars because they are more beautiful than Morgans) of them because I like the way they clink when I shuffle them from one hand to the other. And I might try putting as many as I can on my elbow and catching them in my hand like Fonzie!
Take a video of that if you do Bob! The world needs to see.
I have only been buying silver bars but junk silver sounds like a pretty good stackable security Avenue. Thanks for the advice. I'll take it.
not junk silver, its coin silver.
All just a term no matter how you say it, it's the same thing.
Constitutional silver
Another awesome video- I always loved collecting dimes- I have an old piggy bank of just dimes - I’m going to look though them tomorrow.....at least $100 in dimes in there - maybe I’ll find some silver in there💰👍 if not, I guess I’ll have to go to the LCS....😊
Wow I’m willing to bet that you at least find something cool in there.
Nice Speggy!! 😛😛😛😍👏🏻👏🏻🤓🤓🤓
Thanks for sharing with us!
I have a 1905 barber dime.it is by far the most perfect barber dime I have ever seen with my eyes that I could hold in my hands.I never realized how beautiful these are. Once you see one in perfect condition you will most likely agree
I’d like to hear others opinions on a question I have. Say there is an economic collapse, do you really think you can walk into your local grocery store & trade a few mercury dimes for food? I have silver & I’ve never been able to grasp the concept of bartering with precious metals for tangible goods in the event of a collapse. How will that work? Will some govt official have to make a declaration or will the public have to agree that pm’s can be used? Also, if the economy does take a dump & silver prices go up enough to sell, what are you going to sell your silver for, a failing currency? Just some thoughts.
So Martin, I'm not sure if you wanted me to answer this or not. Silver and gold are money and have been for thousands of years. They're precious to people. Now, an economic collapse doesn't effect only the USA which may cause you to think "why would it matter" but it's a global problem because many countries are seriously tied to one another. If the dollar fails then it will be like a domino effect. What will be valuable if that happens? Likely, the same thing that has always been valuable. Hopefully others can chime in.
In Venezuela an ounce of silver is worth 4 million dollars. People sell there silver to a shop. The shop credits their account. Then they go and buy groceries. No wheel barrow needed. 4 million sounds like alot of money but it will buy about $18 worth of food.
Honestly if there is a major "collapse" like a lot of people think then gold and silver will be the least of your worries. Food and water and weapons will be what people would barter with in an all out collapse. Now I don't believe we will ever have a situation like that but you never know. I buy silver and gold more as a hedge to my other paper investments due to the inevitable inflation that is coming from current monetary policies. And I also treat it as a hobby just collecting for fun. Hopefully one day my grand kids can benefit greatly from my hobby when I'm gone. Ill probably never sell any of my silver or gold unless things got really bad.
mgtow life make Venezuela great again
I love the Merc's for sure !
I love Mercs too!
The only thing I don't like about Mercury dimes is that they're more worn than the Roosevelts so you get less silver per "dollar" (FRN) of face value.
Me too. They're easily recognizable as old coinage without checking a date. They're definately the go to when buying small denom coinage ( when the price is right).
Coin shop near me sells 1965-1969 Kennedys for $2 each. Melt is like $2.50. Easy money!
Here’s an example of what I was talking about right here ;)
@@Spegtacular I was there this week when the market dropped and he had been cleaned out of 90% and bullion. He said that customers only wanted those, leaving all the 40% which he practically paid me to take.
James Goss I was told NOT to buy or SAVE anything but 1964 and lower.
Nothing 65 thru 2019.
So what to do. I am new to buying metals
@@judiebarbera me too, good question
Was just gonna ask about junk silver and here's the video. ha! I just learned that I shouldn't clean my coins too. Did not know that. I'm going shopping today. Thanks
Let us know what you get!
@@Spegtacular I got some of those Ben Franklin's. Bought all they had. ✌️
The Book with all the mintages please tell me what its called and where do you buy it?
The Red Book. You can obtain it just about anywhere that sells books. Amazon, Barns & Noble, Coin Shop’s, etc
You mean the Dansco books?
I like finding Spanish American Wreck site coins on Treasure Coast beaches in Florida near the wreck sites after tropical storms and hurricanes. Going in the water is illegal & even the remote sites have cams. Also don't park in a FEDERAL parking lot because metal dectetor possession on Fed land is serious time, fine & bye-bye detector & booty. 🐥😘
I use coinflation silver melt value calculator enter coin and how many tells you weight in silver and current price works great
Yep easy peasy
Hey Murph! Thanks for sharing that- I just downloaded Coinflation on my iTunes app and it’s awesome!!
Yep Roosevelt was 33° free mason who served 3 terms as President. However during one of his terms I believe it was his 2nd where he was hospitalized with polio, Lady Roosevelt served on his stead. Great vlog! I'm going roll hunting today hope I score!
Good luck Henry What denominations?
Thanks...I'm a merc, and Kennedy fan. But today I'm on a mission for some 90% Washington's☺
He also imprisoned Japanese Americans in concentration camps.
That 1916 barber dime was obviously cleaned. No question about it. But it was clean probably along time ago and then naturally toned after the cleaning. It’s probably only a VG grade but cleaned 50 years ago
Thank you for your opinion on that one.
I think you get a better bang for your buck collecting pure silver bullion coins or bar. Another Overtaxed Payer has a video that looks at the cost per ounce. Junk silver used to be good at one point in time when you could find some silver coins in bank rolls. Now you have to primarily get junk silver from coin shops or order bags of junk silver from the US mint. These options can be quite pricey. These coins are also not .999 or .9999. They are no doubt silver but unless you are familiar with silver content in US coins, it is not the best option if you are looking at quantity, quality and price when stacking silver.
Test the math and you’ll often finding junk to be the king when it comes to price. Be careful with over taxed. I’ve had to make videos before about his lack of responsibility when speaking about precious metals prices.
Constitutional silver is always the way to go for people that just like to stack silver. Just buy common dates and slicks and you can stretch your money way further.
Well, next Thanksgiving when we have the fine china out and the silverware settings, I’ll just tell everyone to disregard the black discoloration on the forks and spoons. “It’s just toning, the silverware’s fine to put in your mouth.” 😉
Good call in 2019. Now, as of 04/16/22, the premium is 24-27 times face value. ‘Junk silver” isn’t cheap now!
Don't know if anyone knows how things are really going to shake out with silver.in the future. So what I have been trying to do is stack a 1/4 in 10 oz bars, 1/4 rounds, 1/4 bullion coins and 1/4 junk silver. Is there anything else I might be missing? It could just be when the time comes silver is silver. It does make it a little more interesting doing it this way though.
Sounds like a solid stack! Nothing wrong with that strategy. Maybe get some gold in there when you’re able?
I have been paying 17 for eagles rite now. 3.00 for quarters 1.15 for dimes
Please tell us where. Are you watching for counterfeits? China is exporting them like crazy
Great prices for sure. Shops around me are similar except $18 for eagles.
In Illinois u can get those prices not from coin shops u go to people who sell at home or on the go. People with over head charge more remember that
$1.15 for dimes is only $16.10/oz t. You're making out like a bandit around $1 under spot at that price.
Kenneth yea ik that’s why I’ve bought 40 ounces in two months from him and the guy bought most of his silver in early 2000s when it was 5 dollars an ounce
Great video Speg! I wish I could buy silver currency coins like these but those are taxed 15.25% here in Montreal ;( If I get a chance to get some privately I will!
Rosie's are without a doubt my favorite coins to stack.
boa coleção de prata👍👍Parabéns pelo trabalho
Thanks for another great video. There was actually one cleaned coin I bought on one occasion that just by getting it slabbed by pcgs I was able to sell it for 140$ more than what I initially paid. I believe it was 1900-S morgan in Genuine Unc -Cleaned. Some times I will do stuff like that if I know I can flip Morgans. It takes a lot of time searching to find good deals like that though.
Additionally, This video makes me want to trade out some of my .999 for 90%. The good thing is I do have a roll of Silver eagles that I bought right at spot when they were 14-16 each using Ownx.com. I could easily resell them for 22-24$ ea. There is an Army recruiter locally who will buy off me if I ever want to sell. The best part about that is I don't have to worry about eBay and fees and don't have to sell to a shop and lose money.
Do you flip Morgans often?
One of my favorite coins right there!
I don’t think you should switch .999 for 90% just keep the .999 and then buy 90% too! ;)
@@Spegtacular Yeah I flip Morgans quite a bit, I'm not always successful with it, but it's a fun hobby. When I get coins back that are genuine details for the most part I just keep them instead of trying to resell them.
Great video, Spegtacular, thank you.
There's also a possibility of finding a key date. Someone who found a 1916 quarter paid $3 for it but it's worth $800-$1000 in poor condition. Btw the 1916 had a worn off date, BUT to the trained eye, there are tell-tale design features that are different between the 1916-Type 1 and 1917-Type 1.
Even though there’s some coins that have “features” or design traits specific to a certain coin’s year, if the coin has a worn off date, it’s worth next to nothing. Look on EBay at 1916 quarters that have the date worn off. They have a hard time selling.
@@Spegtacular are the certified and graded by PCGS/NGC/ANACS?
Have you seen them grade dateless coins?
I love the American history, “Americana”, aspect of coin collecting so that’s why I gravitate towards the coins that were actually used as currency. Plus, in the event of an economic collapse, I believe that many people will find comfort in the familiar and it will be easier to use these kinds of coins to buy day to day items.
Not going to happen in an economic collapse gold or silver worthless
I planned to stick to 1/2oz buffalos and 1oz pure silver eagles.... is that enough for a good diversity or should I have some 90% quarters? I just stick to the fact that there’s no fuss since you KNOW it’s pure but I’m open to options
Be as diverse as you feel comfortable being. I like a little of everything but some people view diversity differently or are less diverse than I am. It's a preference thing.
I love junk silver (and your videos) and ya i accumulate it, but i do occasionally buy the 40% and world junk silver cause i can get silver close to spot that way ..i know most people disagree, but i think eventually, it will sell at a much higher premium for two reasons
A.90% us jubk silver the premiums are getting ridiculous, people are gonna get sick of paying high premiums and look for alternatives, such as 40% or world junk silver
B. They arent making anymore of it, so fixed supply+ increase in demand=higher prices,
My daughter and son in law received big bonus and decided to commit $5000 to gold and silver . It is for wealth preservation and diversication .
Sooo question what do I buy as I’m the buyer. ?
My thought is two gold eagles , bag of junk silver , 20 silver Eagles , 2 10 ounce silver bars What do u think Speg
Your own thoughts sounds perfect man.
70d half is the tough one in 40% silver .🤗
Is it weird to say I love your junk😁
I don’t think it’s weird at all Mark! I love your junk too.. even though I don’t know what it looks like....
@@Spegtacular 😂😂😂😂
So amusing lol
Jeez. us... This comment made me spew my coffee 🤣
For the price of a couple of ASEs, you could buy a few shares of a low price miner,trading at 1 to $3 a share. Trade these for some profits,DO NOT TRADE YOUR GOLD. EXK, which trades about $2.50, was up 7.5% one day this week, up about 15 cents in a day. I keep a little portfolio of 7 of them. All are rallying ,along with gold and silver. Their Tech charts are good. SSRM has a great chart, with a huge cup, followed by a nice handle. Trades in the $15 area. I would not think of trading the coins.
WHEATON, WPM gets $27 million cash flow per employee!
Buying shares and investing in precious metals is two very very different things and is useful to people for a completely different reason. You can’t view precious metals as a way of getting a return like your stocks in companies. Stick around for a while and we’ll help it make sense to you :)
I just bought a tone of 90% junk quarters. Any tips on sorting rare and more valuable coins in the stack? Great info. Keep it up 👍
Grab a Red Book and find the rarer stuff :) have fun doing it!
just to let you know that 1953 Franklin half no mint mark which is Philadelphia is the semi key date. and it has a nice lustre and in au to bu condition will worth a lot of money on ebay! 1955 P Franklin is the key date!
Thank you Jeff. I appreciate it!
Great 1916 Barber...very nice!!!
Thank you!
Love Constitutional. Part of my stack as well. Shtf coins are awesome. Great video!
Thank you! I agree with many others that it’s perfect to stack ;)
How are they exempt from capital gains taxes?
Who exactly?
I love that 1916 toned dime. Perhaps years ago it had toned & was in a collection. It had then somehow got into circulation and
parts of the tone wore off in Elvis's pockets of change and car keys. One of the Rosies looks to have some cameo & still minty
Oh Elvis?? Yeah? I’d like to think so too
One more plus of constitutional Silver is there isn't the premium associated with bullion. Nice vid BTW! 😃
Thank you for the compliment:)
Other than junk silver, I really like buying cutlery. Always find it below spot.
Where do you hunt for that if you don't mind me asking?
@@Spegtacular online auction with local pick up, shipping is not worthwhile. My parents live in a small town, I bid they pick items for me.There is less competition in smaller market. Sometimes you can find these at estate sales etc., but you have to physically be there.
Where do you buy your junk silver? I am starting out with silver stacking.
Anywhere that sells it pretty much .. as long as the price is decent
I buy a lot from APMEX and haven't been disappointed yet. It's all I've been buying for the past year.
Great Channel, appreciate the content.
I’ll tell you what I appreciate.. YOU. Always a fan of you coming by to check out my channel.
Also check for West point mint mark quarters.
I have started to collect coin sets for the birth dates of my Grand parents. Grandpa on dads side was born 1894. I am
going to try to obtain every U.S. 1894 coin made for that year. One in memory of each grand parent. Sounds dumb
but I cant use any coin I already have. Regards from Ody
That’s not dumb at all Ody. I keep pre1983 pennies for their copper content.. everybody collects something different;) we’re all snowflakes ... in a good way
@@Spegtacular Thanks Speg. I too hoard copper pennies amongst other things. I love old dimes but havent saved any since my silver collection grew feet
What is a good price for junk silver 40%and 80%
Coinflation.com will give you an idea.. after that add some premium for the shop
K pd $6 each for 90% halves wanted to know if it was a good price or bad
Thank you Speg.
I don't quite understand Where are you buying this junk silver for a profit? I live in the UK, i don't know anywhere to get junk silver coins. I can find some sold on ebay, but the cheapest option is 1/2 oz for $28. Hardly seems worth it. How do i get them cheap?
Probably in person is the best but in UK it may be more challenging than here in the US.
Roosevelt was one of if not the worst president ever!
why?
There have been many presidents that were worse than fdr. Such as L. B. Johnson.
So if you buy a bag of say $1,000 face value junk sliver would you open the seal and go thru it looking for more valuable coins?
Always! Not everyone does that... but often times I find more valuable coins among the others.
Constitutional is the best deal oz per dollar wise I can get here lately so I’ve been buying it the most.
Can’t go wrong with the old stuff Josh!
No sir you can’t. Especially when you can get it below spot price right now as I can.
I will never trust junk silver for change in a purchase.
I will always insist on .999 purity PM.
I would be concerned that the junk would get mixed into everyday clad coinage.
I buy junk silver from a dealer at the flea mkt. in my town. Usually at a few cents over spot, I only buy U.S. coins with readable dates. A wise man told me years ago " never buy anything you can't resell" . In a crisis, how many common people would know the value of any foreign silver coins ?
Numismatic value or silver value? I think silver coins will always hold at least that value.
I don't believe that the "appearance" of junk coins would matter very much during an economic collapse/apocalyptic situation; as long as the silver content is greater such as 90%.🤔 What is your viewpoint regarding that🤔?
Golden State Mint is running a sale on war nickels right now, $37 and change for 40 and if you buy 120 or more you get free shipping. I was going to buy 80 buy I bought 120 to get the free shipping.
Not too bad of a deal really.
@@Spegtacular yeah, I'm new to stacking so I'm not too sure how to do the math on those but I think they state that at that price they are under spot.
I think your "proof" barber dime is a coin that had been cleaned and re-toned.
Very possible! Or old proof-like appearance.
@@Spegtacular possibly once mounted in jewlry
Whats the differncce red& blue books
Blue is supposed to be for dealers and their buy prices and red is for a collector and their sell prices
All junk silver I have seen locally are very worn and dates completely worn off. How do I know what s a fair price
Well, usually a shop doesn't charge you much more than a $1 or so max over spot for junk silver. $1.40 face value of junk silver is approximately one ounce of actual silver by weight. So if you figure silver is at XXX price per ounce today, then you wouldn't want to go much over $1 over that per ounce of junk silver.
Is there a formula? For example if I buy 5 dollars in dimes.....what would be a fair price if spot is at $18
There really isn't a formula because everybody sells theirs as different prices. I'm just not in the business of buying junk for more than one dollar an ounce over spot.
You can use the coin calculator on coinflation.com and that should help you see easily what the ounces are and how much $ worth of silver is in x amount of junk silver.
Love my Junk Silver. I found a 1932D in at worst VF Condition for 11xFace!! You can check the vid!
Sounds like a win!
Great video. Bought a bunch of half's on Thursday . Love the stuff.
Nice! Any cool ones?
@@Spegtacular Standing liberty's, Franklin, and Kennedy Half's no good dates. The spot price was higher than last week .35¢ but after negotiating I didn't pay that.
Beautiful barber! That's funny what you said about your first "buy all the junk silver you can" video, I watched it I think along with all your other first vids, it's so funny how content creators change over the years, everone will be laughing at me when I make my first video, but yes this video was longer than expected but it was in the morning and I had to leave, anyway constitutional silver is the way to go!! And after watching dragons video, don't forget to throw some war nickles in there!!! It makes cents!!!!
I’m not a fan of the war nickels. I saw his video trying to justify their purchase but I’m going to kindly disagree on them. I have a few for fun but that’s about it.
@@Spegtacular yea I don't have any myself,but once spot price goesd down and they have those .05 under spot sales I'll probably pick up a few roles because 50%copper 35%silver couple months ago when spot was 15 provident, I know your favorite place, had em for .5 under spot and then you get the copper value, idk it's just like 40% Halves no one wants em but there is value there, you gotta buy the disliked shit for cheap and once the cycle goes around itd be like dang I wished I woulda hoarded those, I'm probably totally wrong but idk, I mean im one of those dudes that saves pre 82 pennies so, I think now's a great time to load up on platinum but the dang premiums are so high, anyways peace man! Have a great weekend!
I save those same pennies too brother ;) got a “few”
According to the US Inflation Calculator, 10 cents in 1916 is the equivalent of $2.35 today. So holding that silver dime for inflation protection wouldn't have worked. On the other hand, a circulated 1916 gold eagle is worth $731.17, gold value, vs the $235 that 1916 $10 is worth today. However, today is another matter; though lately, gold has been a better inflation protector.
Silver was above the rate of inflation in 1916. It began to correct soon after 1916.
Are there any good places to buy junk silver in NYC?
Online companies can ship it in right to you.