Title | : | Struggling to Find Junk Silver? Coin Shop OWNER Weighs In! |
Lasting | : | 25.24 |
Date of publication | : | |
Views | : | 29 rb |
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I worry about counterfeiting with 90 If premiums are high enough this will happen What can be done??? Comment from : Marc |
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The dealer brings up a good point - I wonder if there would be any suppression on the free flow of information if and when the next banks go down - it will probably be smaller ones at that so they could kind of keep the news on the first dominos couldn't they? Pure speculation but the question is worth asking in this "news" cycle ;) Comment from : Andrew Hart |
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I got so mad with my mother when she spent two silver quarters for bus fare I was livid Comment from : William Tell |
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My wife works at a water department and occasionally older people come in and pay the water bill with 90 Comment from : Kenneth Parker |
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I’m rich Comment from : Wiper |
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I think the shortage is another intentional manipulation of the market to keep premiums as is on the big bullion stockpiles of junk i know they have been sitting on Just like the diamond market; release only a little bit at a time on something relatively common to keep prices high I just submitted a buy back quote request for $300 FV to APMEX They said it doesn't meet their $5000 minimum Either APMEX is paying less than 1667 per $1FV or they are only buying $5000 FV at a time In either instance, it makes me believe they have much more than they lead on to believe And don't really need more, even though they make you believe there is a serious shortage Weird Comment from : Michael Maimone |
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I know a man who's never stepped in church today in his life And he's the best Christian most honest kind-hearted giving loving person I've ever met Comment from : Doug Drummond |
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That's why I got 5000 face when it was 15 bucks Comment from : my tinfoil hat |
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Junk silver prices are a ripoff with premiums as high as $37 an ounce getting into Silver Eagle range Comment from : Dan G |
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90 is $40+ an ounce 😂😂😂😂brbrGlad I bought when the lock downs started for near the stupid low $12 spot 😊😊😊😊😊😊😊 Comment from : TR P |
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I hope U stocked up when spot was @$18-20 Comment from : john jacobs |
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I think anyone calling coinage junk silver is not an advocate I’d give time Comment from : J Scottski |
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Fractional silver makes a whole lot more sense than junk silver Just be patient and you can buy 1/2 once rounds at a decent price Comment from : David Jewett |
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How come the LCS won’t pay even spot for junk? Comment from : Wylde Bill |
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BTW: had someone today tell me the spot was $5 less than it was today I told them what it was this morning, they looked it up, saw I was right, invited me back ‘anytime’ Yeah Right I’m not gonna get rich off this this but I sure don’t want to feel like I’ve been taken You good guys out there, how the heck do regular people like me find you? Comment from : Patti Austin |
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The problem is there are still people trading there silver to the bank for face value Most bankers don't even know what silver is worth It really hurts to know that people are still doing this Comment from : Ben Stackin |
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Pre COVID I bought x105 spot deal from provident wow Comment from : joe |
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Anyone have a recommendation for coin shop in Middle Tennessee area? Comment from : Liketohike |
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After over one year i got a bit over 50 dollar face value in dimes, quarters and half dollars I live in Switzerland and It's not easy to find and not cheap A 1964 Kennedy half dollar under 10 swiss francs is now hard to find where i live Comment from : stern13 |
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Wish I had a better LCS! I only have 2 in the area & just got quoted 28 x fv! 🤯🤯🤯 Comment from : NW Treasure Seeker |
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I seriously love my LCS Such an honest man I'm so lucky Comment from : Scott Henderson |
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I've sold 90 and 40 silver coins over the years, mostly acquired from CRH I've wondered now how much of it was melted afterwards 😮 Comment from : Marc P |
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The other day I finally opened a small bank that I had at my grandparents house when I was young My grandmother had died 20 years ago and I retrieved my small bank when we cleaned out her home Under her mattress was four large envelopes with each of us grandkids names on them and inside each was 20 silver dollars Getting home, I had put up my small bank in a closet and kind of forgot about it The other day I was going through the closet and decided to unlock the bank and see what I had put in it years ago 1 silver dollar, 6 silver halves, 9 silver quarters, 31 silver dimes, all 90, 15 nickel nickels, and 54 old one cent pieces as well as an old $5 and 4 $1s 😊 these coins went back into the little bank and not into my stack👍 Comment from : Eric Arnaud |
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Hello, good to find your channel I used to play at the cardshop when it was still there I would like to come by and have you look at some stuff for me since I am new Comment from : Randall Pickard |
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Are you in St Louis? If so are there any places you recommend in the area Love the videos man! Comment from : Broke Brothers Gambling |
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I was at a yard sale a couple of years ago and watched a fella sell his grandfather's collection of 90 half dollars to a friend of mine who had beat me to the sale He bought 101 half dollars for $100 each The seller at the yard sale thought that he was doubling his money, and my friend was happy to let him think so I just stood there shaking my head but couldn't make a better offer or my friend would have gotten pissed off at me!! Comment from : C Hunt |
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I been paying 20x all year But I'm getting uncirculated or standing liberty or babar quarters Comment from : James Steele |
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Best silver videos Comment from : James Steele |
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Hey Folks, Let’s start with S D Bullion If you’ve been to their site in the last week they put up a minimum 500 purchase decree Instead of this spot promotion for new comers maybe they should be extending a discount to regular customers, what say you? Great video Thanks for the information Comment from : Strange Silverware |
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I’m in stlouis as well What shops do you recommend in the area? Thanks love the channel Comment from : dylwes |
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I watched the video twice love the stories But it’s scary out there 👍 Comment from : Noicue |
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My bank now requires 72 hour notice to get mote than $1000 cash It's a small hometown bank with two locations Comment from : Justin Taylor |
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Did you see that sdbullion is raising their free shipping up to 500 dollars They say it's because they are so busy If that's true boy what a ripoff Terrible What your honest opinion Ripping us off Comment from : Stanley Haller |
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That story where a teller tells someone cashing silver coins in that the coins are worth more than face value and they just don't carethat is a story I've heard multiple times and it astounds me every time a teller tells me Comment from : Jason Ruediger |
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Climate change obviouslyyyyyy Comment from : Mike Mattson |
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I just looked at SD Bullion, they are PAYING $6 over spot for 90 😮 Comment from : Chris Phipps |
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When I was a kid my cousin and I spent my grandpa's silver coins on candy Like a lot Comment from : Joe Hamilton |
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24x face in my area But nobody's buying it No SEs Rounds 29oz Bullion 27-28ozbrCrazy times Comment from : Bill Parks |
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Back in '96, I was so poor that I knowingly spent two silver quarters to buy a loaf of bread True Comment from : Dan Rumble |
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Honestly, there are probably tons of people today especially the uneducated young people that if they had a bucket of clad coinage or a bucket of 90 percent junk silver they would not know the difference or even care Comment from : Jamey Collins |
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The ridiculous physical silver premiums are indicative of a supply shortage and a looming silver squeeze When the masses wake up and stampede into silver when bank runs ensue, there will be very little physical left Established silver mining companies such as CDE, PAAS, SVM, HL, WPM and others are poised to produce the largest ROI of all Silver will outperform gold There is no silver or gold if it were not for the mining companies that produce it Buy and hold Buy more on dips Comment from : Peter Quist |
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If I was at a coin shop & saw them trying to rip someone off (paying face for 90), I’dbr1) Warn the customer & tell them that I’d pay what it’s worthbr2) Post a bad review & never go to that shop again Comment from : Chris Phipps |
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No sense I can see in paying 30-40 percent premiums for this slicked out TRASH when you can get new full weight "pretty" rounds for half the premium Comment from : melbedewy |
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St Louis stacker here Comment from : Copper Bones |
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No problem at all pre-ordering 90 A few large dealers ran out cause of so much demand, but most have loads I've got a good $100k worth as do tons of dealers Maybe there is something going on and there will be shortages coming, but if so dealers would simply refund back But that has never happened with 90 Comment from : 888strummer |
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LOL Gainsville Coins have plenty of junk silver Comment from : FLFREE Fun |
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I just accrued 27 lbs of 90 and looking to sell at 22 X FV Comment from : David Knigge |
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Maybe they are holding the 90 until the price goes up? Comment from : Leonard Adams |
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I love your show you always have good content and you answer questions that everybody’s wondering like no other platform does, Thanks for your work Comment from : Leonard Adams |
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Time for 40 to come into it's own Comment from : Mateo Ocampo |
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Your dealer friend seems like a solid guy, thanks again for another informative video Seeker 😀🇺🇸 Comment from : wi dave |
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Good interview brBee 🐝 well all Comment from : Welchko Services |
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Just bought junk walkers at 19x Comment from : monkeybutttt1 |
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Was looking pick up some more rounds at SD Bullion looks like they've placed a $500 minimum on orders for now I know their shipping department must have been overwhelmed Comment from : imxploring |
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When my uncle passed many years ago I ended up with a bunch of quarters that he had I was addicted to this video game at 7-11 at the time and ended up putting dozens of them into it They were all 90 silver I thought they were weird because they sounded and felt different but the game took them so I didn't care It was bad enough how many regular quarters I was using, can't imagine how much actual $ I ended up spending on it I eventually got good enough I could make it all the way to the end and play about 40 minutes on 1 quarterhaha Comment from : race29dub |
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REALLY hate that term "junk silver" With the value of silver over $2400 an once, it's far from junk" Many dealers still say "junk silver", but even more are now calling it "Constitutional silver" which IMO is a far better name given the value of silver coins today Comment from : CT87 GN |
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Love these stories! Comment from : Danny Marlin |
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I'd break my kids fingers if they took my 90 percent Ha, honestly, my stuff is in a safe for that exact reason All they see is a dime or whatnot Great video Those stories make me cringe I appreciate the knowledge that is shared here Thanks Comment from : Jeremiah Boyette |
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Thanks Comment from : Timothy Whittington |
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Watching junk silver $100 FV bag go to $3,000 from $2,300 is too painful over the last 3 years You're better off getting the three 9's The latecomers are going to get the big bars since the divisible junk is gone and not coming back Comment from : h0tne0 |
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Is it possible to do a little lesson on 90 and how that pricing works with FV and all that? Comment from : Amy Cooksey |
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Those bad silver stories make me sad and sick Comment from : Christian Rodriguez |
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18:38 I would be getting a divorce Comment from : HighTotally420 |
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I have 4 lcs in my area 2 of them have plenty of constitutional because they want 24x and 26x face the other 2 are more reasonable at 20x and still have a decent amount Comment from : Todd Becker |
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Man I never have good luck finding 90 silver unless I buy for $18 times face Let me know if you find someone taken face value! Wow what a deal! Thanks for the video Comment from : Johnathon Jones |
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Great stories! My younger brother took some silver our grandmother gave us and bought candy with it, (this is the later 70's) my parents figured it out and got it back (it was a small corner store) I still have some of those coins Comment from : Scott H |
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I have about $500 face now My cost average is about $10/$1 face Lots of coin roll hunting and stacking with lower premiums and spot Comment from : Miles Higher |
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I feel so lucky that I got $100 face value at 16x a month ago Couldn’t believe the price my local shop quoted me at the time Wish I could have bought more, but very happy I got what I could Comment from : plastRd2thewall |
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Seriously? Silver Seeker asks “what is the demand since SVB?” Response from LCS “ we’re a bigger with gun show I may do $20-$30k “ looks to me, this LCS has no clue Comment from : Silverballs00 |
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I love 90 been stacking it for about 5months but these prices are jumping fast which sucks because I get less for my by weekly purchase Comment from : Midget Mack |
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I did an phone order told they don't do phone but being I am a good customer they would do it for 90 percent junk, and I was told it could be 3 weeks or more at $24 told myself wait but like you say they don't make it anymore Comment from : Deborah Cameron |
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Right now JM Bullion has some 90 and it’s 31-32 times face Comment from : howard lang |
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2023 4th quarter - 2024 1st quarter silver $70 with low demand / low premium, dropping to $50 and gold $5k+ with high demand/high premium will stay above $5k+ Comment from : dan wee |
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Im not selling any PM for printer paper Not unless i am wiped out financially and that is my last option Comment from : ZEEKtheGREAT |
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A family member walked out on his wife and kids(17 and 18) and moved to Australia He didn't take much with him, and he let her keep the house A couple years later he told me he had left behind(forgot) his 'Butcher's Album' by the Beatles Next time I saw his ex I asked her how much she got for it- she just laughed and said "Not telling" 🤣😂🤣😅 Comment from : Pieces of Eight |
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Not sure where your looking for junk silver but there is still a LOT out there if you just know where to look! Estate sales and garage sales are full of junk silver!! Over the decades, literally billions if not more silver coins were produced and it definitely has not all been collected!! Comment from : Wayne Puckett |
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Lemme guess "More jewelry for your money, more money for your jewelry" Comment from : frogdude21XXX |
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I sell all my Roosevelt dimes I found few though the years, I got stack bars but egales, Roosevelt screw the banking system He don't deserve on any coin so sell any coin with sorry face on it Comment from : Daisy Karen |
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The Humongus rules the wasteland 😂 Comment from : Lord Humongus |
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Even on March 12th I got some 90 for 184x face Now (two weeks later) if you can find it at all it's at least 28x (Based on change in spot it should be 22x) Comment from : Glen Doki |
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Love junk silver, haven’t bought any in years I miss the 79 cent over spot days and free shipping Comment from : Oh No Not That Guy!!! |
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I have several Morgan common dollars What would be a fair price that I should expect if I sold them Comment from : Fred |
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I know a guy that has quite a bit of 90 that he wants to sell He got it from his father in law when he passed 6 years ago I got to see a small part of it today The man was a banker in the 60's when there was tons in circulation and he kept all of it when it came to the bank Half dollars alone are around 500 face value I may be able to buy them for $9 each it sounds likebut I only can afford buying around $2000 worth He has everythingdimes, quarters, war nickles, halves, Peace and Morgans, and a one inch stack of 1,2 5, and 20 bills from 30's, 40's, 50's 60's etc Comment from : Bob Silver |
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Sad Comment from : Texas Smith |
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Finally found some junk silver They were short I got the last two rolls of dimes Comment from : Rolltiderman |
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I was at a McDonalds and the girl in front of me bought a Big Mac with 3 Morgan’s and 2 Franklins I asked the girl behind the counter to give them to me for $4 and she did Comment from : West Stephan |
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SD Bullion add a minimum order of $500 must be hard to find resale Comment from : super dbs fan |
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Until the spot price of silver goes over $5000 and stays there I will not believe the US economy is in trouble $2400/oz silver and $197500/oz gold is no crisis Even in s 2011 when silver was over $4700/oz and gold over $200000/oz there was still no US economic crisis and the PM's dropped back Down again (way down) Comment from : Rose Nasser |
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i saw that “pre-order” for junk silver too and wondered the same thing i love junk silver that’s what my dad got me started on at that time, the only silver eagle was a monex silver eagle brbri was really enjoying junk at $1750x but there’s no way i can justify it now that it’s back to $24 Comment from : Silas Marner |
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I’ve noticed a lack of constitutional silver here in San Diego Comment from : Matchoo |
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Got a roll of morgans that i won’t come off of He’s absolutely right about that We’re holdin Comment from : Blixmere |
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