Whats your 90% Silver recommendation ?

Discussion in 'Bullion Investing' started by mpcusa, Jun 8, 2017.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Starting to branch out in all areas of PM,S and would like to buy some 90%
    Coins, so which ones are the best, your opinion is appreciated.
     
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  3. Seattlite86

    Seattlite86 Outspoken Member

    I personally believe the best are the ones I can get for at/under melt that are obviously 90% to even the untrained eye. I don't personally care which coin it is, but the more recent a coin was minted, the more silver it is likely to retain from circulation. I'm usually happier to buy Kennedy '64s over early junk Barber Halves because of the silver content.
     
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Silver Dollars, War Nickels, all other coins with 90% silver content. In that order.
     
  5. abuckmaster147

    abuckmaster147 Well-Known Member

    When I think of 90% I think of pre 64 dimes ,Quarters, and 64 kennedy Halves. I know there are more but that is what I think of. When I think of my pre 64 halves they are more collectors like Franklin's, barbers and such.
     
    Last edited: Jun 8, 2017
  6. Dougmeister

    Dougmeister The Coin Scavenger © ¯\_(ツ)_/¯

    Why 35% War nickels over 90% coins? Aren't the premiums lower due to the extra cost of the refiners getting the silver out of the nickels?
     
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  7. Victor

    Victor Coin Collector

    1964 Kennedys.
     
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  8. Jason.A

    Jason.A Active Member

    Are you asking about 90% American?
    It makes no difference in terms of silver value. Numismatically, they're all over the place.
    I personally prefer Mercury Dimes because of the design. I dislike years of all 90% coins once presidents were added. Of those coins with liberty designs, Mercuries often seem to be cheapest over spot.

    I dislike 40% halves and war nickels.

    Do you have a favorite design? Stack those!
     
  9. Bman33

    Bman33 Well-Known Member

    Halves, then dimes, then quarters. Like someone said the closer to 64 you get the more silver content you have. Most dealers in my area don't really care but I do. That is why they use .715 vs. .7234 as a multiplier of face value based off of spot. I would rather have a roll of nice 64 dimes than a roll of worn Mercs anytime.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Makes sense newer coin more silver :) will for sure consider that when making my
    purchases.
     
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  11. Jason.A

    Jason.A Active Member

    His numbers are misleading. Dimes are .07234. He forgot the zero, since we're talking about dinez. Due to wear, he is calculating silver content at .0715. But, again, forgot the zero. So we are talking about a difference in silver melt value of $1.28 vs $1.27 for an FDR vs Mercury at a spot price of $17.75.

    I love silver, but a Mercury dime to me is certainly worth sacrificing that one cent of silver value in difference for the better looking design!
     
    Last edited: Jun 8, 2017
  12. Bman33

    Bman33 Well-Known Member

    My numbers were referring to $1.00 face, i.e. 10 dimes, 4 quarters, 2 halves. That's common knowledge and a given.
     
  13. Jason.A

    Jason.A Active Member

    So you're that concerned over 10 cents of silver?
     
  14. Bman33

    Bman33 Well-Known Member

    Now you're not making any sense. Maybe I wasn't clear. Say spot is $17.40. You multiply that by .715 and you get the $1.00 face value of 90% silver. 10 dimes, 4 quarters, 2 halves. So .715 x $17.40= $12.44. A roll of 90% halves would be worth $124.40.
     
  15. sakata

    sakata Devil's Advocate

    Depends on why you are buying 90%. There are two reasons: as a means of barter; as a vehicle to preserve wealth.

    For the former buy coins which were never minted in base metals. That way the potential barterer does not need a close inspection. This means dimes before 1947, quarters before 1931 and halves (best choice) before 1963.

    Of course, most people are thinking in terms of wealth preservation in which case total silver content is more important. In this case the less wear the better and so as close as 1964 as possible is best and denomination is not as important.

    Silver dollars are not junk silver, as they have a higher silver content and are generally sold individually unless they are very low quality.
     
  16. Jason.A

    Jason.A Active Member

    I understand your point. But we are talking dimes in our comparison. You are arguing that a Roosevelt Dime has .07234 oz of silver, but a Mercury dime would typically have .0715 due to wear. I am pointing out that is only about a penny more worth of silver for every dime. In a $1.00 face of dimes, we're talking about 10 cents more of silver. For $100.00 face, we're talking about $1 more silver.

    That amount of extra silver is tiny and for me is not worth it when I like Mercury Dimes better than Roosevelt dimes.
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am really enjoying this thread, lots of good information here !!
     
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  18. goldcollector

    goldcollector Member

    My favorite are the ones I find in circulation.

    BTW someone is selling 90% at 12.5x shipped in the BST. That's pretty much spot shipped.
     
  19. goldcollector

    goldcollector Member

    My favorite are the ones I find in circulation.

    BTW someone is selling 90% at 12.5x shipped in the BST. That's pretty much spot shipped.
     
  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    How about the war nickles at 35%, was looking at those as well
     
  21. Victor

    Victor Coin Collector

    War nickels are not really the best play.
     
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