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Has 90% Junk Silver Disappeared?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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What price does silver need to be at to get you to sell some of your junk silver

1. I'm selling now, because the price hasn't bottomed, I'll buy back in when it does.
3
4%
2. I've had it with all the "to the moon" comments, silver hasn't been a good investment for four years now.
5
6%
3. I'm tired of seeing the price suppressed, so I'm spending money on other preps.
5
6%
4. If silver were to rise to $16 I'd sell some.
2
3%
5. $17
0
No votes
6. $18
0
No votes
7. $20
5
6%
8. $30
10
13%
9. $50
20
26%
10. I'm not selling at any price... for what? Worthless fiat?
28
36%
 
Total votes : 78

Re: Has 90% Junk Silver Disappeared?

Postby Gamecock » Wed Sep 30, 2015 8:16 am

"It is more expensive now with spot at $15.24 than in August 2014 when spot was at $20.49."

:shock: :o
"When a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation."
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Re: Has 90% Junk Silver Disappeared?

Postby marine70 » Wed Sep 30, 2015 10:11 am

I am not selling any 90% or 40% in some cases I could not get my money back right now. I still have 90% that I payed 21 x face. It is not eating anything again better than fiat money.
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Re: Has 90% Junk Silver Disappeared?

Postby Rustynail » Wed Sep 30, 2015 10:46 am

It's still out there just harder to find, I managed to find a roll of franklins and 2-1921 Morgans for $145 this week, and last week $11 face for 10x it's just alot harder to find good deals.
I am always looking for 90% Halves and fractional Gold..to buy or trade for..PM Me
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Re: Has 90% Junk Silver Disappeared?

Postby InfleXion » Wed Sep 30, 2015 6:24 pm

If and when I decide to sell my silver stack it will be graded/premium coins first, generic bullion second, government coins third, and junk silver last, if ever. Junk silver premiums should continue to appreciate over time even if premiums may be temporarily overpriced potentially. Junk silver was the first thing I had in my coin collection years before I first thought of being a stacker, and it'll always have a place in that collection. My intent is not to sell for the currency we use today.
Silver: the Rodney Dangerfield of precious metals.

If it's printed on a piece of paper it's worth the paper it's printed on.
If it's a digital asset it's worth the electrons in cyberspace.
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Re: Has 90% Junk Silver Disappeared?

Postby Doctor Steuss » Wed Sep 30, 2015 6:41 pm

InfleXion wrote:If and when I decide to sell my silver stack it will be graded/premium coins first, generic bullion second, government coins third, and junk silver last, if ever. Junk silver premiums should continue to appreciate over time even if premiums may be temporarily overpriced potentially. Junk silver was the first thing I had in my coin collection years before I first thought of being a stacker, and it'll always have a place in that collection. My intent is not to sell for the currency we use today.

Mine will likely go close to the reverse order. Not for any strategic reason... it's just that I have a potentially unhealthy attachment to my numismatic stuff (including the silver coins). Even things like my low grade Morgans get occasional unhealthy Golem-like attention before being squirreled back away.

I have a sickness.
"Deferential, glad to be of use, Politic, cautious, and meticulous; Full of high sentence, but a bit obtuse; At times, indeed, almost ridiculous— Almost, at times, the Fool." ~Eliot
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Re: Has 90% Junk Silver Disappeared?

Postby Cu Penny Hoarder » Fri Oct 02, 2015 9:44 am

Doctor Steuss wrote:
InfleXion wrote:If and when I decide to sell my silver stack it will be graded/premium coins first, generic bullion second, government coins third, and junk silver last, if ever. Junk silver premiums should continue to appreciate over time even if premiums may be temporarily overpriced potentially. Junk silver was the first thing I had in my coin collection years before I first thought of being a stacker, and it'll always have a place in that collection. My intent is not to sell for the currency we use today.

Mine will likely go close to the reverse order. Not for any strategic reason... it's just that I have a potentially unhealthy attachment to my numismatic stuff (including the silver coins). Even things like my low grade Morgans get occasional unhealthy Golem-like attention before being squirreled back away.

I have a sickness.


Junk should be the last thing to go. I consider it "survival silver".
Time is precious, stop wasting it.
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