Big changes coming for SILVER stackers, and its not all good :(

Discussion in 'Bullion Investing' started by mpcusa, Jan 29, 2026 at 4:07 PM.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The math is just off ! so if iam a coin dealer and give the refiner my SILVER
    it isn't settled for far in to the future, so how am I going to keep the money flowing ?, answer get the money from a rich friend or the bank to the third option close your doors :banghead:
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    How do you make it on that ? where's the capital coming from in order for you to run your business ? seems like a very tough space to be in.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Iam
    I am not sure what the big time dealers are offering but they deal with the same refiners so theres going to be problems along the way if prices keep rising like this
    food for thought.
     
    fretboard likes this.
  5. fretboard

    fretboard Defender of Old Coinage!

    Fortunately I don't have much junk, maybe 6 or 7 morgan's and half a roll of quarters, still it definitely throws a wrench in my plans and I'll have to go to plan B, first step, think up a plan B! lol.gif
     
    slackaction1 likes this.
  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I have dealers that are only taking constitutional that they can sell with an approximate grade, haggled of course. Junk silver is more of a sterling or less in value. It all depends on where you go.
     
    Collecting Nut likes this.
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not at all. My LCS is still buying. He can’t keep the junk silver, Morgan’s or Peace Dollars in stock. I can’t either. It sells as fast as I can stock it. I can stock one day and before I drive the 50 minute trip to my home I’ve sold some of what I just stocked. If I run out of silver coins the Sterling jewelry sells. I’m now getting in excess of $85 for a sliver dollar. Grade doesn’t matter.
     
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    Sounds to me like silver has gotten so high so fast that refiners don’t want to buy it. Therefore they are trying to drive the price down.
     
    Randy Abercrombie likes this.
  9. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    I guess the smelters are choking on all the stuff that's coming in.
     
  10. Gilbert

    Gilbert Part time collector Supporter

    Many here assume 90% is destined to be thrown in to the melting pot, and possibly some will be. But most will be flipped to buyers.
     
    lordmarcovan likes this.
  11. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Yes, my "smelter" comment above was metaphorical. Hopefully only the junky stuff will truly get melted.
     
  12. slackaction1

    slackaction1 Supporter! Supporter

    Well, I can still spend all my constitutional money in stores, that was my reason to collect it in 2012 in case I needed it. someone said before me the BIN's are going pretty quick on the same sites I attend also.
     
Draft saved Draft deleted

Share This Page