Silver Buying Basics 2024/Updated & Local Coin Shop Secrets From a Real Coin Dealer

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  • Опубликовано: 27 дек 2024

Комментарии • 116

  • @russiachinanorthkoreastatetv
    @russiachinanorthkoreastatetv 11 месяцев назад +1

    Great pricing

  • @grasscutter1963
    @grasscutter1963 14 дней назад

    That was an awesome video especially for us newbie’s. Thanks!

  • @Christopher-i7k
    @Christopher-i7k Год назад +2

    YES big on saying and ounce of silver is an ounce of silver!! Buy the most you can.

  • @bigdaddyhoffman1911
    @bigdaddyhoffman1911 Год назад +2

    .99999 Fine Content. Liked and Subscribed....Thanks Sir..!!!

  • @lagomyeggo
    @lagomyeggo 11 месяцев назад +1

    😍 wow look at that bar!! Once I visit my buddy in Florida I feel like I got a list of stores to visit !

  • @silverliner4894
    @silverliner4894 Год назад +28

    What I really like are those 5 ounce ATBs. Some of the earlier ones I bought for $115 dollars a piece. Keep me in your prayers because I haven't been doing well. I just got out of the hospital last Tuesday. Thanks for the video and keep the faith

    • @asspaddler
      @asspaddler Год назад +3

      Be well Sir.

    • @NathanCarr42
      @NathanCarr42 Год назад +2

      Wishing you the best of health in your future silverliner

    • @GhostDiZ
      @GhostDiZ Год назад +1

      That's lucky bro because an atb is like 150 to 200 on eBay rn. 25 dollars an ounce is spot price at the moment

    • @Konduct_
      @Konduct_ Год назад +1

      God Bless You

    • @silverliner4894
      @silverliner4894 Год назад

      @hellfireredemption777 thank you

  • @AnxiousStacker
    @AnxiousStacker 9 месяцев назад +1

    Im hoping to get at least a tube each month moving forward for the next 5 years so i get way more excited when the prices are lower. I lost focus and got some pretty high premium collectables but im getting back to focusing towards making Eagles and ten oz bars a serious part of my stack. Just for use case and liquidity, along with the tax freedoms that come with the eagles.

  • @snakeplisken2123
    @snakeplisken2123 Год назад +3

    This guy has the perfect voice for narration. If he doesn’t work in broadcasting he could.

  • @bhoward9378
    @bhoward9378 10 месяцев назад +1

    Very interesting overview. The more I get into stacking, the more I am confronted with this question (and I have 10 ounce silver bars): shouldn't one be buying gold instead of silver at or above 10 ounces of silver? I'm beginning to think that I should stack Liberty dollars and fractional Liberty gold coins and, ultimately, gold Buffaloes.

  • @monkstacker
    @monkstacker 11 месяцев назад +1

    Super informative! A historical time-line of events about silver. 👍

  • @jlcougilljr
    @jlcougilljr 11 месяцев назад +1

    what company produces the Buffalo 1oz. rounds ??

  • @queenquitalaw5337
    @queenquitalaw5337 11 месяцев назад +1

    Thanks for this video. My grandfather died 2 years ago he was 72 and he has been collecting coins for over 50 years. We do not know where to started at Trying to figure out the value of these coins.
    I hope to learn something from your channel😊😊😊

  • @teetoo3790
    @teetoo3790 Год назад +3

    Got great memories of 1986 silver Eagle. Was working in a bank at not even 21. Getting a roll here and there by the bank manager when they came in from customers. They were like new and got me into silver.

  • @scottgrayson9668
    @scottgrayson9668 Год назад +1

    Thanks for your time Great info

  • @jedmccullough7809
    @jedmccullough7809 Год назад +2

    Isnt there some states the take silver/gold as currency?

  • @1Probound
    @1Probound Год назад +15

    Those formulas are used for buying and selling based on spot price, which is normal. But for a barter situation with someone who may not be familiar with this method there's an easier way. $1.40 in constitutional silver equals 1 oz. silver, which most people will understand, and the spot price of silver is readily available to pretty much anyone. 😉

    • @eddietrumpeter4786
      @eddietrumpeter4786 Год назад

      Fantastic article, I learned quite a bit about silver and how the system works.

  • @Virgin_Stacker
    @Virgin_Stacker Год назад +2

    Another excellent presentation.

  • @LOVE2Flute
    @LOVE2Flute Год назад +4

    Thank you so very much for taking the time to explain so much in such an easy to understand manner. Nice silver. 😊

  • @barry1705
    @barry1705 Год назад +2

    I appreciate your being in the customers best interest. Honest information. You confirmed some information l new . Thank you.

  • @copperbones7336
    @copperbones7336 Год назад +2

    Excellent format. Excellent broadcast.

  • @esquared5064
    @esquared5064 11 месяцев назад +1

    I could care less about bars vs rounds. But 1 oz rounds normally have a lower premium than 1 oz bars. So, I buy rounds over bars. In fact, I've often been able to find better dealsbper ounce on 1 oz rounds vs 10 oz bars.

  • @bigdogs-29
    @bigdogs-29 Год назад +2

    WOW . A NEW perspective....I LOVE IT.Thanks for the UPDATES.

  • @davemi00
    @davemi00 Год назад +4

    Good vid Brian

  • @quinntheeskimooutdoors6234
    @quinntheeskimooutdoors6234 Год назад +1

    😊Thanks for sharing

  • @danconnor5826
    @danconnor5826 Год назад +3

    Definitely liking the change-up with live video. If possible do that more! Great video Brian.

  • @bigdogs-29
    @bigdogs-29 Год назад +2

    lol. omg. I have 12 of those YETI 14oz mugs. Dont have that neon Green one though.

  • @demri123
    @demri123 Год назад +2

    Kilos best value and coolest size

  • @Phillycoinexpo
    @Phillycoinexpo Год назад +3

    Great video as a dealer I use your videos as a barometer for the market
    Keep up the good work
    Thank you 👍

  • @LouisBurge-z7x
    @LouisBurge-z7x Год назад +2

    Valuable info here, thanks. Especially the part about expectations in a bubble. Makes perfect sense, but hadn’t really thought of it before.

  • @leonidas953
    @leonidas953 Год назад +3

    Great video thanks Brian. Will have to drop by your shop. If you have info any chance of a video for storage pricing and options. Not a lot of info on this option. Thanks. 🦍❤️🥈

  • @franciscoterol2753
    @franciscoterol2753 11 месяцев назад +2

    Menos plata y más oro, mejor inversión.

  • @PatintheHat963
    @PatintheHat963 Год назад +1

    Thanks great as always!

  • @everettwhite9874
    @everettwhite9874 Год назад +1

    That’s a lot of information to digest for beginners. However, I’ll make time to get a better understanding everything you’ve shared. I’ll definitely save this for reference.
    Best wishes sir.

  • @johnschroeder1545
    @johnschroeder1545 Год назад +1

    im coming down to florida to visit my college roomate in feb to get away from minnesota cold, i hope to visit your shop, love your youtube content!

  • @silvercobra0923
    @silvercobra0923 Год назад +1

    KILLER KILLER ❤ PRESENTATION 👍👍👍you hit it 🎗 BIG TIME !

  • @takusungjung3894
    @takusungjung3894 Год назад +2

    I agree but ASE premiums are just so high these ddays sheez

  • @TtheSilverStacker
    @TtheSilverStacker Год назад +1

    Great info!

  • @upscaleflipping4617
    @upscaleflipping4617 Год назад +3

    This was a great video alot of good information you are a the real deal 👍 you should hire a full-time employee just to do online sales

  • @ateisme3752
    @ateisme3752 Месяц назад

    Very nice video and explainer! Bonus with info about premium info. Libertad is very nice coins. What is the premium on them? Kilocoins from Perth also vrry nice

  • @HagarTheHODLer
    @HagarTheHODLer Год назад +2

    Great stuff Brian.👍 🤜💥🤛

  • @tghodosko7259
    @tghodosko7259 Год назад +2

    Great video! I recently started buying Philharmonics as and American and I love em! No milk spots or nothing. I do try to wear gloves when handling them though.

  • @khud7989
    @khud7989 Год назад +1

    Awesome video thanks

  • @bradleyozbun1012
    @bradleyozbun1012 6 месяцев назад

    💯 Great 411#
    It was a vast wide variety of coverage on silver .
    I'm new to the silver game and thankful that I had crossed your channel and seen this viedo for newbies to the game.
    Cause there were a few moments when purchasing silver coin or round I felt kinda of taken advantage of do to premiums and they can change as well if your not up to game.
    Of the premiums.
    But it has definitely been a learning experience for myself and just like anything else in the learning of life it will cost you a little to learn .
    💯 appreciate you for the lesson here today.

  • @patchrat1
    @patchrat1 Год назад +1

    Thanks for your opinion
    I’m happy seeing lower premiums for now

  • @joepolymath2308
    @joepolymath2308 Год назад +3

    Another great video -- I always learn something from listening to you. If I have a chance to travel to Florida again, I would definitely stop in to your shop (I'm the guy from the Northeast who called you about a month ago). Keep up the great work.

  • @jeffwelch7618
    @jeffwelch7618 Год назад +1

    What do you think about 5 once bars

  • @kramtowne818
    @kramtowne818 Год назад +1

    Right at the beginning when you explain the way to know what the premium is over spot on a dollar face makes two equations necessary but if you instead use $1.40 face=1 ounce then once you know the spot price it is simple Simon to know what the premiums are.
    I think your entire point is to make the information more simple so it is easier to figure with 90% constitutional silver coins.

  • @SirAlford
    @SirAlford Год назад +2

    The Englehard Prospector rounds (1982-1987) are the Best.

  • @timgibson3754
    @timgibson3754 Год назад +1

    I dug it

  • @doxer678
    @doxer678 Год назад +1

    New fan/sub here

  • @lyndacompton1846
    @lyndacompton1846 Год назад +2

    Hope all is well haven't seen you much lately

  • @bigdogs-29
    @bigdogs-29 Год назад +1

    Who's Magic Assistant hands were those? Your Videographer?

  • @silvercobra0923
    @silvercobra0923 Год назад +1

    Brian ! If I was selling eagles to my LCS what dollar amount should I ask above spot ?

  • @Eli-qr9hc
    @Eli-qr9hc Год назад +1

    Great points. Here’s my New Year’s dilemma, this week there’s an online dealer sale going on for random quarter ounce gold coins for $540, I was debating on buying now or waiting until the first quarter to see If prices may be lower when Fed doesn’t raise interest rates and buying then. I know the price fluctuates when they increase the interest rate or decrease it, but what happens to Precious Metals prices if they don’t move the interest rate,how does that (non move) effect the price of pm’s?

  • @fredwozniak2320
    @fredwozniak2320 Год назад +3

    As far as Sunshine bars go, they also make the 1 oz silver eagles so I would not call them generic. You totally missed out on libertads (a very desirable coin in the US). Stacking 5 oz bars is a good way to go also. I liked your video. I think it was educational.

    • @showpro1178
      @showpro1178 Год назад +2

      I thought Sunshine Minting supplied the planchets, or "blanks" to the U.S. Mint, and the MINT made the Eagles. I could be wrong.

    • @fredwozniak2320
      @fredwozniak2320 Год назад +1

      @@showpro1178 You are right Sunshine Mint just makes the planchets. If it's good enough for the mint, I don't know why the silver would be considered generic. After all, they have a security device on their bars and rounds which, in my view, makes them exceptional.

    • @Dirty2Clean1980
      @Dirty2Clean1980 11 месяцев назад

      Got some libertads in silver and a quarter ounce gold proof libertad, just got my first gold ounce libertad and they are my favorite plus limited strike makes the premium worth it but you have to buy new. I got my 1/4 proof for 560 which was a steal to me.

  • @kaynef6637
    @kaynef6637 Год назад +1

    Hello just subbed

  • @claytongehrke2176
    @claytongehrke2176 Год назад +1

    Other than novelty items , I refuse to pay over 3$ over spot for silver. I’ve bought silver leafs for 2.99 , and generics for less

  • @showpro1178
    @showpro1178 Год назад +1

    Brian : What is your definition of "generic" ? I've often thought that it meant "any precious metal piece OTHER THAN coins or other examples of currency produced by a SOVEREIGN MINT" . Your thoughts? Thanks

  • @SilentSilver24
    @SilentSilver24 Год назад +1

    Cool video, Sub

  • @Night_Hawk_76
    @Night_Hawk_76 Год назад +3

    Isn't it easier to use for every $1.40 face equals one ounce?

  • @DrJack144
    @DrJack144 10 месяцев назад +1

    Can understand why Republic Metals isn’t a favorite lol. I’m just getting back into metals recently after a break. The only reason I’ve heard of Republic Metals isn’t for anything good :-/

  • @larrykrause2373
    @larrykrause2373 Год назад +2

    What is a milky coin? Or milk spots? Also, Should you wear cotton gloves while handling silver? Some say yes and some say no. I'm thinking if you touch a proof you should while constitutional isn't required. What do you say?

  • @alanbud5181
    @alanbud5181 2 месяца назад

    I can remember during the 50s when I would trade my lawnmowing money, or other chores for a silver dollar at the bank. I just thought they were cool but now I’m 81. I wish that I had hung on to them but as a kid, I never thought about it lol.

  • @amadeusmensch1002
    @amadeusmensch1002 Год назад +2

    I heard at 24:59 "This is penis !" Hahaha.

  • @theimpaler2317
    @theimpaler2317 Год назад +1

    Got a local coin shop that charges more for the half dollar 90% silver than the quarters and dimes. And whithin the halves he charges more for the walkers, then less for the franklins and then less for the Kennedys. And then if he had barber halves im sure those would cost even more than all of them and so on. 😅

  • @welchkoservices4200
    @welchkoservices4200 Год назад +1

    Bee 🐝 well all

  • @bigdogs-29
    @bigdogs-29 Год назад +6

    You have ABRACADABRA magician hand movements....

  • @larrykrause2373
    @larrykrause2373 Год назад +2

    So why buy 90% silver when you can buy 100% silver for a few cents give or take? Are constitutional coins mostly bought for collectors looking to fill in their coin books? I'm new to this stacking thing. It seems like I'm a silver junkie and want to buy, buy, buy. But can only do it once a month and what I can afford to buy. I'm just looking to collect as much as I can get before, I croak for the family. And why is the premium so much of a difference between each type of coin and or bars or rounds?

  • @StarATL
    @StarATL Год назад +1

    Might use Venezuela or Argentina as an example. How does one live/exist is a hyper inflationary economy? I heard from one Venezuelan who managed to move up here that those with jewelry and metals “managed”. I presumed that managed meant exchanging through dealers for fiat to then buy necessities, but it seems a bit much to think that you would exchange it for fiat that would require a wheelbarrow to buy mere groceries. It’s not efficient.

  • @larrykrause2373
    @larrykrause2373 Год назад +3

    Dang, I would work for you and just want to be paid in silver

  • @DanCooper404
    @DanCooper404 Год назад +1

    Decaf, my dude. Decaf.

  • @christopherwallace826
    @christopherwallace826 Год назад +2

    I feared you would wack your hand on that knife, Im still watching so I guess you still could.
    Just finished and you didn't cut your hand.

  • @Numismatic-gold
    @Numismatic-gold Год назад +1

    👍

  • @jamesballiet5862
    @jamesballiet5862 11 месяцев назад +1

    Come on man, you are po

  • @joe-pm6nj
    @joe-pm6nj Год назад +1

    Hello, I collect silver as granules. I have 5 kilos of silver. Do you think it makes sense to collect it like this?

  • @kayharrison333
    @kayharrison333 Год назад +1

    I thought they did $1.40 of junk silver...

  • @DaveRichardson-v6f
    @DaveRichardson-v6f Год назад +1

    could you answer my question sir if someone wrote a comment that you really liked and promised to send them something as a thank you would you honour your promise ive been let down big time by a RUclips stacker

  • @walterpaul9105
    @walterpaul9105 Год назад +1

    Constitutional Math. I find it easier to start with the approximation (allowing for wear) that $1.40 of constitutional equals 1 troy ounce of silver. If the LCS quote is 19x face then do 1.40 x $19; Take 10% and double twice ((2)(2)(10%) = .40) gives $1.90 --> $3.80 --> $7.60 add to the 1.00 x $19 = $19.00 + $7.60 = $26.60. So if spot is $23.30 your premium is $26.60 - $23.30 or $2.30.

  • @PeterSilvester
    @PeterSilvester Год назад +1

    Are you capable of buying 1000 kilos of gold?

  • @Frank-uq7rs
    @Frank-uq7rs Год назад +1

    I like 10 Oz 5oz rounds and Junk silver

  • @brianzakos6690
    @brianzakos6690 Год назад +1

    I only buy dips not much of a dollar cost averaging guy

  • @tanman7627
    @tanman7627 Год назад +1

    Silver buying basics BUY GOLD 😂

  • @michaelmatthews6421
    @michaelmatthews6421 Год назад +1

    ☕️

  • @steveblack1467
    @steveblack1467 Год назад +3

    No fish. you're fired. just get out.

  • @SliverOfSilver1000oz
    @SliverOfSilver1000oz Год назад +1

    For the love of god, take that plastic off those 10oz bars!! That plastic is going to leave an ugly rusty look around the edges if you leave it in the plastic... put them im air tight cases... please and thank you. Yall want to charge crazy premiums but cant seem to take proper care of them for the next owner...

    • @asspaddler
      @asspaddler Год назад +2

      It doesn't matter to most people, especially dealers, as it's bullion, not a collectible.
      JMHO

  • @markhall1364
    @markhall1364 Год назад +1

    Nice format for a change !

  • @AtlanticStacker
    @AtlanticStacker Год назад +1

    You're saying peanuts but it sounds like something else...🍆

  • @MarcHasaraMarcHasara
    @MarcHasaraMarcHasara Год назад +2

    I would never recommend bars or rounds as an investment vehicle. When silver goes up the demand is for silver eagles increases because they are real money and have name recognition. Bars and rounds need verification from a buying dealer. Granted silver eagles are faked but contrary to your opinion there I get more money for eagles and maples when I sell them to dealers and coin shops. Fact are in evidence to that.

  • @Outdoorswithlogdog
    @Outdoorswithlogdog Год назад

    So you are saying that high to low or low to high premiums mean, you are drug around by the nose? Hmmmmm? Now tell us all how you predict there will be no confiscation of gold or silver on the horizon…….. Waiting.

    • @asspaddler
      @asspaddler Год назад +1

      What are you talking about?
      Have one less beer. lol

  • @pz3j
    @pz3j Год назад

    Dude! You ramble. Just give us the facts we need. Try to cut down on the glare from your lighting. We cant even see the coins!

    • @asspaddler
      @asspaddler Год назад +4

      Dude, make your own videos; if they are better, I'll watch them. Meanwhile, you have added nothing to learning anything..

  • @celticknot5678
    @celticknot5678 Год назад +1

    SilverTowne Pony Express