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How do all the old timers feel about "silver stackers?"
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<p>[QUOTE="TheMont, post: 2691661, member: 80121"]I'm an old timer, I started collecting when I had a paper route when I twelve in 1959. Do I stack silver? Yes and no. Keep in mind, back then, I bought silver at $4 an ounce and gold at $300 an ounce. I don't stack rounds or bars, I only stack silver coins, and ready for this... Silver Strikes. For those of you who don't know what a silver strike is, it is a casino issued chip that is .6 of an ounce of silver surrounded, in most cases, by a brass ring ($10 Casino Chip). The Casinos gave them as incentives for people to keep playing the slots. There is a whole group of people who collect them and there is a book out that lists the value of them. Some of the rarer ones comand quite a premium. They come in various denominations from $7 and up. At the last coin show I went to I bought a $200 one from the Four Queens Casino in Las Vegas that weights 371 grams. How many do I have? Too many. I have ten of the cardboard boxes, that hold two rows of 2"x2"s, full of them. I figure I can either hold on to them or if silver ever takes a dive, I can take a drive out to Vegas and either play them or cash them in, they do say on them that they are redeemable for $7, $10, and so on.[/QUOTE]</p><p><br /></p>
[QUOTE="TheMont, post: 2691661, member: 80121"]I'm an old timer, I started collecting when I had a paper route when I twelve in 1959. Do I stack silver? Yes and no. Keep in mind, back then, I bought silver at $4 an ounce and gold at $300 an ounce. I don't stack rounds or bars, I only stack silver coins, and ready for this... Silver Strikes. For those of you who don't know what a silver strike is, it is a casino issued chip that is .6 of an ounce of silver surrounded, in most cases, by a brass ring ($10 Casino Chip). The Casinos gave them as incentives for people to keep playing the slots. There is a whole group of people who collect them and there is a book out that lists the value of them. Some of the rarer ones comand quite a premium. They come in various denominations from $7 and up. At the last coin show I went to I bought a $200 one from the Four Queens Casino in Las Vegas that weights 371 grams. How many do I have? Too many. I have ten of the cardboard boxes, that hold two rows of 2"x2"s, full of them. I figure I can either hold on to them or if silver ever takes a dive, I can take a drive out to Vegas and either play them or cash them in, they do say on them that they are redeemable for $7, $10, and so on.[/QUOTE]
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