Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
A Youtuber Who is Not Stacking Silver?!!
>
Reply to Thread
Message:
<p>[QUOTE="yakpoo, post: 7682929, member: 18157"]To add a couple points to my previous post...there are two (2) numbers I commit to memory...3.618 and 7.236. The first (3.618) is the number of "pure" silver ounces in an Unc roll of 20th century 90% silver U.S. Dimes. The second (7.236) is the number of "pure" silver ounces in an Unc roll of 20th century 90% silver U.S. Quarters and Halves (twice that of the Dime).</p><p><br /></p><p>As an example, when silver spot is $27/Oz, an Unc roll of Dimes contains $97.69 worth of silver. Quarters and Halves contain twice that...or $195.37. When I set my "buy" price at a 25% premium, that puts the price I'm willing to pay for an Unc roll of Dimes at $122/roll and twice that ($244/roll) for Quarters and Halves. I only deal with Unc rolls since coins can lose 10% or more of their weight as they circulate (not to mention the loss of numismatic value). I sometimes buy Proof rolls, but folks generally demand higher premiums for Proofs.</p><p><br /></p><p>I've also noticed that when silver spot prices rise, folks tend to require a greater premium for their holdings. As silver spot prices fall, folks tend to require a lesser premium. By focusing on premium percentage rather than price, I tend to buy more rolls at lower prices and fewer rolls at higher prices.</p><p><br /></p><p>Even if you believe that the silver market is being manipulated by mega-traders, they can't manipulate people's perception of numismatic value. Therefore, I think of the "true" silver price for numismatic silver as spot price "plus" the prevailing premium. Expecting to buy numismatic silver at spot is a Fool's errand.</p><p><br /></p><p>I also notice that numismatic premiums rise as coins age...with a noticeable spike at the 70 year mark...so I take that into account, also. In short, I currently scan eBay for late date rolls (1953-1964) from trusted sellers for Dimes (up to $125/roll) and Quarters and Halves (up to $250/roll). If I can't find them at those prices, I wait. Again, these numbers fluctuate with the prevailing silver spot price.</p><p><br /></p><p>That's how I roll (pun intended). <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 7682929, member: 18157"]To add a couple points to my previous post...there are two (2) numbers I commit to memory...3.618 and 7.236. The first (3.618) is the number of "pure" silver ounces in an Unc roll of 20th century 90% silver U.S. Dimes. The second (7.236) is the number of "pure" silver ounces in an Unc roll of 20th century 90% silver U.S. Quarters and Halves (twice that of the Dime). As an example, when silver spot is $27/Oz, an Unc roll of Dimes contains $97.69 worth of silver. Quarters and Halves contain twice that...or $195.37. When I set my "buy" price at a 25% premium, that puts the price I'm willing to pay for an Unc roll of Dimes at $122/roll and twice that ($244/roll) for Quarters and Halves. I only deal with Unc rolls since coins can lose 10% or more of their weight as they circulate (not to mention the loss of numismatic value). I sometimes buy Proof rolls, but folks generally demand higher premiums for Proofs. I've also noticed that when silver spot prices rise, folks tend to require a greater premium for their holdings. As silver spot prices fall, folks tend to require a lesser premium. By focusing on premium percentage rather than price, I tend to buy more rolls at lower prices and fewer rolls at higher prices. Even if you believe that the silver market is being manipulated by mega-traders, they can't manipulate people's perception of numismatic value. Therefore, I think of the "true" silver price for numismatic silver as spot price "plus" the prevailing premium. Expecting to buy numismatic silver at spot is a Fool's errand. I also notice that numismatic premiums rise as coins age...with a noticeable spike at the 70 year mark...so I take that into account, also. In short, I currently scan eBay for late date rolls (1953-1964) from trusted sellers for Dimes (up to $125/roll) and Quarters and Halves (up to $250/roll). If I can't find them at those prices, I wait. Again, these numbers fluctuate with the prevailing silver spot price. That's how I roll (pun intended). :D[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
A Youtuber Who is Not Stacking Silver?!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...