Unchained Preppers

General Category => General Discussion => Topic started by: JohnyMac on May 05, 2017, 09:37:30 AM

Title: Junk Silver (Coins)
Post by: JohnyMac on May 05, 2017, 09:37:30 AM
MrsMac and I are planning on buying some junk silver coins (https://en.wikipedia.org/wiki/Junk_silver).

If you have already made a purchase of junk silver, please share with the group who you dealt with for your purchase. There are a lot dealers out there.
Title: Re: Junk Silver (Coins)
Post by: Kbop on May 05, 2017, 06:48:33 PM
the pickings have gotten a bit thinner but;
i've gone to banks near casinos and asked for a few hundred dollars in coins (quarters and half dollars) and hand sorted them to pull out the silver.  most are from slot machine winnings.
I got that idea when i was working at a video arcade in the 1990's.
Title: Re: Junk Silver (Coins)
Post by: JohnyMac on May 06, 2017, 10:39:34 AM
Great idea kbop however not near any casinos so I will have to do it the old fashion way, buy 'em.  LOL.

Title: Re: Junk Silver (Coins)
Post by: JoJo on May 06, 2017, 06:32:02 PM
Most casino's now are electronic. You put paper money in and get a payout slip if you win which you take to the cashier.
Title: Re: Junk Silver (Coins)
Post by: Kbop on May 06, 2017, 08:11:03 PM
@JoJo, you bring up an interesting point.  How much longer will people even recognize silver as money :)
even paper currency is going away fast.
Title: Re: Junk Silver (Coins)
Post by: pkveazey on May 07, 2017, 01:48:08 AM
I check my pocket change everyday. Yep, I find one every now then. Not often enough though. I started buying one ounce .99 fine Silver. The price isn't 100% stable but it will range from $16 to$19 an ounce. Coin Silver is .925 fine. I buy it when I can afford it and when hyper inflation kicks in, I'll be rich. Not really, but I will be able to buy something to eat. No matter what has happened throughout history, precious metals have always had value.
Title: Re: Junk Silver (Coins)
Post by: Nemo on May 07, 2017, 09:37:52 AM
I have some of the Silver Eagles.  But I have been recently considering getting decided to get some half Eagles and smaller sizes.  A bit tough to haggle when the only coin thing you have to barter with is 1oz coins.

I really agree junk silver is a good idea.  One company I have dealt with in the past and has a general good price/reputation is Monex.  See link below for 90% junk silver coin.  The live price through them is linked below.

Nemo

http://www.monex.com/prods/silver_90.html (http://www.monex.com/prods/silver_90.html)


http://www.monex.com/liveprices/ (http://www.monex.com/liveprices/)
Title: Re: Junk Silver (Coins)
Post by: JohnyMac on May 07, 2017, 04:24:40 PM
thx Nemo.  :thumbsUp: