Junk Silver Vs Generic Silver Bullion

[Klark Cent]

ASEs usually go for $2-4 over spot. Maples usually on lower end of that. Libertads at upper end of that. Quantity usually takes something off those prices.

I consider high quality cicrculated 90% at spot and ASEs at $2.75 over to be about equivalent value.

Thank you, sir.

[68Camaro]

I think I answered your question, but keep in mind that spot is based on price of paper silver, and at various points in the past (and many, includiing myself, believe we'll see this again) the spot price has disconnected from the price of physical, and the price of real in-hand physical will carry a premium over spot.

[BooBoo1000]

Hey Padre, that post by 68 Camaro deserves a lot of attention and thought. I think he is correct. I like either ASE or Whizzers and sliders. But limit myself to all American coins. I cannot see paying the high premium foreign coins.Nice to hear from you, and good luck on your endevor.

[Klark Cent]

i'm curious: what is it about libertads that cause them command a higher premium than mapleleafs?

thx

[68Camaro]

i'm curious: what is it about libertads that cause them command a higher premium than mapleleafs?

thx

AFAIK, just that there are fewer of them made (so far).

[beauanderos]

i'm curious: what is it about libertads that cause them command a higher premium than mapleleafs?

thx

AFAIK, just that there are fewer of them made (so far).

and I'll get some haters with this reply... but I think they're much lovelier coins than the Maples

[db23]

i'm curious: what is it about libertads that cause them command a higher premium than mapleleafs?

thx

AFAIK, just that there are fewer of them made (so far).

and I'll get some haters with this reply... but I think they're much lovelier coins than the Maples

No doubt that the Libs are much nicer coins than Maples. On top of the far lower mintage, I've also never seen a Libertad with milk spots. It's also pretty cool to be able to get all the different sizes.

[68Camaro]

I like them both. I love the maple leaf design - I'm just not so keen on the old queen on the other side. If they had used instead the princess image that was on the 53 cent, that would have been much nicer.

[68Camaro]

And it's not apples to apples, but on the subject of appearance I was re-looking at the Franklin half dollar over the weekend while sorting some rolls and... you gotta admit... that is one butt-ugly dude, and coin!

[db23]

And it's not apples to apples, but on the subject of appearance I was re-looking at the Franklin half dollar over the weekend while sorting some rolls and... you gotta admit... that is one butt-ugly dude, and coin!

Ugly as it may be, I always love the way that coin looks when it pops out of a roll.

[scyther]

I think Eagles look much nicer than maples. The queen's ugly and the maple leaf doesn't really compare to the ASE design either. I don't have any Libertads, might have to get some...

[rainsonme]

I buy the highest quality old junk that I can find; my preference is for coins that I imagine have melt value that has just exceded the numismatic value. I only buy standing liberty quarters, pre-1935 halfs, pre-1925 dimes, any kind of barber, all with strong dates and no gross damage. In my tiny brain I like to imagine that there is a floor under their value. I only buy 90% at melt. This also helps me limit my addiction ---- I buy every week, but only this older junk in G4 or better condition ----- so I am limited to what I can buy each week by the distribution of these coins in the various shops I frequent.

I also buy per-1900 Morgans in EF condition, but I pay a couple dollars above spot for those (never over $28, though); the lower denominated junk is probably the better buy since it is purely at melt, but I just like a pretty Morgan.

I never buy .999, as I consider it to be silver better suited to those with larger brains.

[68Camaro]

Sounds like a solid approach rainsonme. There is more than one way to do this.

(As I've noted several times before) apart from a few lots of misc other stuff, and this having nothing to do with the size of my pea brain, I have a 50/50 split by toz between North American Federal .999 and US 90%. In 90% I've focused on full weight coinage regardless of age. That tends to get me newer 90% stuff. But I've got some of the older, just not very much of it, relatively speaking.