Unchained Preppers
General Category => General Discussion => Topic started by: JohnyMac on May 05, 2017, 09:37:30 AM
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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.
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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.
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Great idea kbop however not near any casinos so I will have to do it the old fashion way, buy 'em. LOL.
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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.
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@JoJo, you bring up an interesting point. How much longer will people even recognize silver as money :)
even paper currency is going away fast.
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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.
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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/)
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thx Nemo. :thumbsUp: