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<p>[QUOTE=&quot;Collector1966, post: 566595, member: 17919&quot;]<b>Another thing to think about</b></p><p><br /></p><p>I bought my first Franklin half dollar in 1968 or 69 for the price of 85 cents from an ad in Coins magazine (before that, I had been asking neighbors if they would sell me silver coins at face value). By the mid-70s, the price had risen to about $1.50, so I sold that and the other meager silver holdings I had accumulated and focused on collector coins. In 1978 and early 1979, I once again turned my attention to &quot;junk&quot; silver, and accumulated a small amount for about 3.2 to 3.7 times face value. By the end of 1979, I was selling that silver for 13 times face. The best price I ever got was 16 times face-- $5 face value in silver got me $80. Then, the bottom started falling out of the market, and by 1989-90, I was paying exactly the same for &quot;junk&quot; silver that I had been paying in 1978! Having a little extra money to spare by that time, I bought as much as I could, and was able to complete half of a Walking Liberty set, 90% of a Silver Roosevelt dime set, 3/4 of a Franklin half set, and 2/3 of a Mercury dime set just with the &quot;junk&quot;.</p><p><br /></p><p>Today, the junk silver price is, what, 4 times what it was in 1989-90? But the silver price is off 40% from its peak from last year. Personally, I would love to see the silver price go higher. But unless there is some sort of super new use for silver discovered, or if there is severe inflation, I think that in the foreseeable future, the price will continue to get hammered down once it reaches a level that entices large holders, and/or large numbers of holders, to sell.[/QUOTE]</p><p><br /></p>

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