Junk Silver (Coins)

[JohnyMac]

MrsMac and I are planning on buying some junk silver coins.

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.

[Kbop]

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.

[JohnyMac]

Great idea kbop however not near any casinos so I will have to do it the old fashion way, buy 'em.  LOL.

[JoJo]

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.

[Kbop]

@JoJo, you bring up an interesting point.  How much longer will people even recognize silver as money
even paper currency is going away fast.

[pkveazey]

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.

[Nemo]

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/liveprices/

[JohnyMac]

thx Nemo.