Junk silver: best buy

Discussion in 'Bullion Investing' started by myownprivy, Sep 28, 2019.

  1. WRSiegel

    WRSiegel Freshman

    This is very informative! For me, I buy whatever I can get the best price on each month, sometimes paying extra for Mercs, SLQ, Barbers, etc.

    I do enjoy the discussion on wear, but I anticipate that most sales of 90% silver that we would participate in will be to individuals or a LCS where generally payment is based on face value, not actual weight. I may deal with small enough quantities, but to me wear isn't too much of a factor. Coinflation tells me a Roosevelt dime is worth the same as a Barber dime.

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  3. medoraman

    medoraman Supporter! Supporter

    I agree. The same tubes, when full of 63-64 dates, can fit one or maybe two more coins in them, but with barbers they can always fit much more if you are tight no space.

    This was from 25 years ago when I was buying silver when it was 3.2 times face. Barbers ran 3.5 times face, so I put some of them aside as well. The tubes today could be completely different. Sucks to get old. :)
  4. buckeye73

    buckeye73 Well-Known Member

    I too followed the interesting discussion on wear. In the end, the best junk silver finds IMHO are based on the desirability of the coin, with due regard to the date and grade.
    As an example, I went to the LCS today to check out the junk silver among other items. The owner had just bought several relatively common silver coins and showed them to me before putting them in the junk boxes. I bought a Fine 1929 Standing Liberty quarter and a Japan Showa Yr 35 (1960) AU 100 yen at melt Also, an nice toned high end AU 1941 Mercury dime at about 15 % above melt. The purchases were based on the my interest in the coins with little regard to lost value from wear.
    Stevearino likes this.
  5. Sasquatch

    Sasquatch Member

    $2.85 in FACE VALUE on the 3 cent pieces... hmmmmm…..
  6. medoraman

    medoraman Supporter! Supporter

    I don't get it. What else do you call 85 three cent pieces?
  7. -jeffB

    -jeffB Greshams LEO Supporter

    30 cents short of $2.85, which would be 95 three cent pieces? ;)
    Stevearino likes this.
  8. medoraman

    medoraman Supporter! Supporter

    Yeah, fat fingered it. $.15 short of 100 would be 95. :(
    Stevearino and slackaction1 like this.


    I personally like1964 Kennedy's a lot of people hoarded them and are hardly worn at all,means more metal
    JCKTJK likes this.
  10. Cheech9712

    Cheech9712 Every thing is a guess

    What city Mr.Nut
  11. Cheech9712

    Cheech9712 Every thing is a guess

    Yeah and McDonald's you could get a burger tonic and fries for like 80 cents. Your deal sounds about right back in my day. Ethel 27 cents a gallon
    tmeyer and Collecting Nut like this.
  12. Cheech9712

    Cheech9712 Every thing is a guess

    Fill your tank for 5 bucks
  13. Gilbert

    Gilbert Part time collector Supporter

    When McDonalds opened in our town (1965) a burger was 19 cents, fries 19 cents and small soft drink (yup) 19 cents. Of course the burger was the size of a half dollar but still a deal. Minimum wage btw was $1.25/hr.
    Last edited: Oct 8, 2019
  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    Baltimore City, home of the Orioles!
    -jeffB likes this.
  15. Collecting Nut

    Collecting Nut Borderline Hoarder

    I remember gas at $.27 cents a gallon too and you didn't pump it. The station pumped the gas, checked your oil, washed your windshield and filled the washer fluid.
    USS656 likes this.
  16. slackaction1

    slackaction1 Well-Known Member

    Six pack of beer 1.65... mad dog 20/20 90 cents a pint for cool duck hunting mornings..
  17. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Hey, he said "please"
    I'm seeing improvement. ;)
    slackaction1 likes this.
  18. FryDaddyJr

    FryDaddyJr Junior Member

    geez how old are you guys? 75+?
  19. myownprivy

    myownprivy Well-Known Member

    Ah, let those old farts reminisce about the old days. Their best days are behind them.
  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not yet! :)
  21. Kentucky

    Kentucky Supporter! Supporter

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