Why I’ll ALWAYS buy Junk silver
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- เผยแพร่เมื่อ 11 ก.ย. 2024
- Constitutional silver also known as junk silver is a fan favorite. In this video I’m giving you 4 reasons as to why I’m continuing to buy it and it’ll always have a place in my stack.
Disclaimer- I am not a financial advisor, I’m just a guy passionate about gold, silver and numismatics, please do not make any purchases or sales based on my videos. What I say in this video is just my opinion.
#silver #silvercoins #coins #silverstacking #silvercoin #junksilver
My very favorite part about junk silver is finding it in the wild! It’s so rare, but when they’re found amongst a bunch of clad, it’s like you said “treasure”
Agreed. I always check any coin stars I walk past
I love the walking liberty halves! Can’t get enough of them. Over time I think they’ll be the first of the “junk” silver to have a greater numismatic value like the Morgan’s and peace dollars.
100% agree. The liberties and mercury dimes will be the first to separate themselves from the others
You are correct. Some online dealers already sell them for $1-2 higher over face. I think they are a beautiful coin.
On a tight shopping trip it's nice to leave with 3-13 coins for the same $$ as a 1 oz coin.
I stack it all. But I love constitutional silver aka junk silver, because of the history of it. How many hands it went through, the kids that went to the store to buy a coke. Or like my father told me many of times how they all got two dimes to go to the theater. A dime to get in and a nickel each way on the bus. If you bought popcorn, you walked your ass about 10 miles home. Which they did many of times.
I always remember hearing the stories from my grandpa about what ten cents could get you. I miss him
My favorite are the mercury dimes
Mercury dimes and walkers are the best in my opinion!
Love AU and BU walkers!
@wookiedude21 haven't had the chance to get my hands on any walkers. I bet those are cool too.
@@chriscolby4578 they are some of my favorites
I absolutely LOVE Mercury Dimes! Morgan Dollars and Mercury Dimes! There is just something about a nice looking Mercury Dimes with a mint mark! I try to pick up around 50 Mercury dimes every month.
I have nothing against junk silver, but I don't stack it myself. I agree with you that it's almost an entirely seprate use case from pure bullion.
And that’s totally fine! Great thing about silver is all the stacking options
I buy it because it’s not to high on premium. It’s fun to play with. It sounds cool. I don’t have to be careful with it. It’s a piece of history.
Sounds like all the best reasons right there!
@@StatesideStash today was the first time I found your channel. I’m digging the content. Keep up the good work!
@@RCCarrico21 welcome man! Hope to hear more from you in the future. Any questions please shoot me an email and I’ll get right back to ya
The majority of my stack is constitutional for many of the same reasons you discussed plus I was born when constitutional was still being made. Semper Fi brother
Semper Fi brother! Keep stacking!
Love me some constitutional silver. I found an old standing liberty quarter today metal detecting I was quite pumped. Keep the great videos coming stash, you are quite knowledgeable and well spoken for a jar head!
Haha thanks brother! I fooled the recruiters so they let me go infantry 🤣
Great find! What’s the oldest coin you’ve found?
Today was my first time metal detecting. I was at a very historic lot a family member of mine owns.. I was told way back when people ran a produce stand there.. I’m finnin to do it again there soon!
@@StonewallSheetr-yo2cb that’s amazing! Keep me updated on what else you find
I LOVE the Constitutional Silver because, especially right now, the premiums are lower, and the history behind it. And it’s really cool to look at.
It’s a great buy right now!
@@StatesideStash I mentioned you in my video today. Sorry I said it wrong. 😳
I corrected myself in the description. Hopefully I’m sending more subscribers your way. Thanks for the inspiration for today’s video. Happy Stacking!
Still watching, on reason #1 YES im a strong believer of this, just a hunch, I think of this especially with morgan dollars getting even more specific. Already this is a banger and I just love 90%
Yep I think Morgan’s have already started that path and in the following years all junk silver will have the same course of action. That’s why I’m buying what I can now!
yep total banger, same reasons love the sound, love the history, best fractional, etc.
@@pajamastacking make a video pj! I’m bored and need something to watch and admire
I am with you, 90% is my favorite, my wife calls me Scrooge McDuck😂
Keep Stackin bro
Keep stacking brother!
Oh what a fun topic!!! Are there really people who " don't like the term Junk Silver?" Lol... FEELINGSSS LoL! people there are bigger things to worry about!
I love Junk Silver, its like the underdog, derogatory, the bad boy of silver, we all want it yet momma says to stay away lol! Junk silver great to own. Because its called junk doesn't mean it's junk, it's an honorary "coined" term to define it in its own special category. It is known currency, has utilitarian properties, numismatics, collectibility, is a precious metal, and used for hedging.
I have a bunch in my collection. My LCS's always have it close to spot so I can buy multiple ounces or just pick up 3 or 4 to grow the pot. Halves, quarters, dimes are all fun to have around. A fun thing I enjoy doing is that I buy a box of 18mm capsules, I have a bunch of Mercury dimes, polish one up (since its already "junk"), drop it in a capsule and daily carry one in my pocket. What I really enjoy... is giving it away to random people. I leave them as tips, as I talk to people and they say "Its my Birthday today!" I like to brighten up a persons day and give them one, or is someone just is really nice to me at the market, post office, wherever... I like seeing someone's face and start asking a million questions right away!
I tell people metals won't make you rich, but they will keep you rich! Keep enjoying life everyone! Semper Fi Stateside!
Semper Fi brother! Yes there are people who get VERY upset when I call it junk. Nicely put on everything you just said
I never complain when I pick up a 90%
That’s cause there’s nothing to complain about!
Constitutional silver is my bread and butter.
It’s the best in my opinion
I love junk silver because you can get it very cheaply, its fractional, and its an official us coin.
Agree with everything you said! Think my favorite is it’s the best fractional silver
Enjoy your time with your little one, they grow up fast buddy
I honestly can’t believe it. Someone said “the days are long but the years are fast” and it couldn’t be more true
Beautiful silver jingle!! Love it man!! 😎😎
Thanks brother!
Nice! That stack there will make a few nice bars.
Don’t you dare say that 🤣
History too
Oh absolutely! Holding history in your hand
It’s been at least a week of shopping for 90% silver. I love the dimes and quarters. I just bought 2 more rolls of Rosies after listening to you. You can never have enough of those sweeties.
Great purchase!
I keep my current year "Liberties" (what I call silver eagles, because I can be a retard) in tubes; my current year fractional gold eagles in flips; and my 1879-1901cull Morgans in a wooden cigar box. Other than Morgans, I've never bought pre-1964 coins because, as you imply, that's getting into numismatics. Not knocking numismatics at all, but I just prefer to stack bullion coins because to me it's a no-brainer. Also, I love me some Bison Bullion 10 ozt poured bars!
That’s the beauty of silver! There’s so many options you get to stack what you like!
Thank you so much for making this video! I love buying Silver coins! It’s my favorite thing to do! I’m not sure if anyone can relate to this but financially I am always living on the edge because of my Silver buying! I am pretty much always broke because any extra money I have goes to buying Silver coins! I feel extremely poor because once I buy the coins it’s out of site out of mind because I put it all in one of my safes. I know I have wealth and assets but man I struggle like I’m about to become homeless. Maybe I need an intervention because I can’t stop. I just feel we are running out of time to buy it so I’m sacrificing like my life depends on it. Please let me know if you can relate or if you think I have lost my mind and need help.
Don’t forget to treat yourself Derek! It’s important to stack and it’s addicting but give yourself a little bit of breathing room for the simple joys in life! Hope you had a great weekend
@@StatesideStash Thank you 🙏. I subscribed to your channel as well. :). You are so right. I need to give myself some room for sure! I started buying Silver exactly 9 1/2 years ago. I have purchased non stop without any breaks for almost 1 decade. 😂.
@@derekrupp7844 you’re killing it!
Benjis and Mercs are KING
See I like the mercs and walkers!
Great, Great presentation!!!!
Thanks Rodney!
It's my fav!
No it’s my favorite!
"The Big Silver Melt" by Henry A. Merton, a book that is tragically out of print.
Thank you! Have you seen how expensive those books are now 😟
@StatesideStash The price is astronomical but makes it even more intriguing for me to read what's actually written in it. I'm going to research my local library system to see if they can get a copy.
@@ContrastWithSepiaPrince keep me updated!
I love Junk Silver. I keep about 25% of the stack in this form but it is my favorite. Lots out there but is still rare to find and fun to look for.
It’s a blast to look for!
I agree with you about: - The "feel" and "clink" of silver is really nice !!
😻
ps, edit: Also just think about how many "things" those coins have purchased, how many hands have held them and passed them along, the energy exchange they participated in, .... or how many of them were saved in some kid's pocket or jar!
Some of my coins are over 100 years old. "If only they could talk" haha.
Absolutely agree. You’re holding history!
Never bought any from a LCS but I have searched lots and lots of bank issued halves, quarters, dimes and pennies. It is actually costing me face value for some coins that are really expensive. I asked my bank for silver dollars and she gave me my first Morgan for you guessed it a dollar. 50 dollar coin. Also found a Roman Coin from 280 AD in a roll of nickels. It is just too much fun finding stuff.
That’s the treasure hunt I’m talking about! Honestly it’s relaxing to me 🤣. Sounds like you’ve hit some great find, congrats!
Mr. Stateside if 90% silver is called "junk silver" because of the purity, why dont we call pre 33 gold "junk gold"?? ;) For me Mercury dimes, Franklin halves, Cull Peace/Morgans are preferred since they don't look like todays pocket change. Might try a food saver bag for your bars, airtite and you can throw a silica pack in there if you like too..
I swear if you start an uprising against me I’ll never forgive you 🤣
Morgan and peace dollars already disconnected from the spot price. Junk soon to follow
Great video I have 1250 dollars face and going to add more
That’s amazing!
There's the call of a future stacker
Junk Rules! Mercs: the coins of my youth. Seldom had a quarter, Walkers, or Franklins, way above my pay grade. I don't search them or play, just know they are tucked away for a tiny girl's future. Past is prologue.
Mercs are such a great way to watch your stack grow! They are affordable and love the history with them
Junk is the best, especially when you find It for face. Good video
Why I always check coin stars!
I like the really old ones. I buy Morgan Dollars because everyone, not just Silver Collectors, everyone loves them, and most people don't know I'm not suppose to be cleaning them; they like them shinny!
Oh please tell me you don’t clean them!
@@StatesideStash I buy the dirtiest ones I can find. I clean them with my own Homemade Sodium Fluoride Copolymer. I get them cheap, because people do not like dirty Morgans. I have bought two per month for four years. I assure you having Dirty on a Morgan Dollar decreases the value of the coin. The acception would be and Morgan worth over $40 like a CC or a MS or a key date and mint. Fluoride and copolymers do not violate PCGS guidelines.
I'm waiting for 5 Cleaned Morgan's to come back from PCGS
@@TobaccoRowe1960 it hurts to hear you clean them but it looks like you have a good working process going for you!
@@StatesideStash only took four years and 100 Silver Dollars to come up with something that works well. I do love the color of clean Silver.
@@TobaccoRowe1960 I see where you’re coming from. For me I like them dirty, reminds me of history and what it’s been through
Im thinking junk is going to be gone soon.
I hope that’s not the case but it’s definitely going to get harder and harder to get 10-20 years down the road
Yes I agree with you there will be less of it around as time goes by love it bought 100 mercury dimes today at 20 face getting Morgan's for 31.00 each but great looking what do you think about price?
That’s an excellent price for Morgan’s!
Thanks
Ofcourse Larry. Thanks for watching
Thank you for making this video I really appreciate it later round I’ll contact you with a question as far as a future trade a photo will be produced and sent to your email.
Sounds good brother!
How should you take care of junk silver like flips or rolls ? I see lot people just shove it in bags what do u think is best? I have a lot of Franklin half’s and two hundred in dime rolls
If they are common dates you won’t do any hard throwing them in a big bag. Personally I keep all my stuff in tubes
!(: Cool! Morgan Dollars and friends YES PLEASE, THANKS ;)!
Thanks for watching!
easy math, 10% copper. government minted ...
I got some capsules and books, just so I could make it look like it was special🤷♂️ and I ain't no nothing bout stacking 😜
Government backed is a huge bonus!
Be careful, junk silver can wear off too
That’s it’s security feature 😉
Gold Eagles are junk gold which Many don’t realize.
Well eagles still contain one full ounce of gold as to where constitutional is just 90%
@@StatesideStashNo sir they do Not, look it up 91%
Buffalos are 99.99
@@SuperGiantGeckosLLC eagles weigh more than buffalos because they contain one full Troy ounce of gold but are mixed with copper and silver which makes them 22k. Please look it up
@@StatesideStashstick with your 91.67%gold 22k
My stacks 24K 99.99% Buffaloes
@@SuperGiantGeckosLLC you’re not understanding what I’m saying. Eagles still have one full Troy ounce of gold in them
Keep in mind, Canadian coins are 80%
I was only referring to US junk silver
No, it's called "junk silver" because it is considered by coin collectors to have zero numismatic value, i.e., only melt value.
There are several key dates for multiple denominations that have key dates dating after 1900 that have tremendous numismatic value
I love junk silver. I hate junk fiat.
Right there with you!
He used the j word 🤨
But I also used the C word!
What is the formula if I want to find out how much 1 ounce of constitutional coins in weight of silver versus a 1 ounce generic round?? (using the same spot price for both)
So to figure out one Troy ounce of silver for constitutional silver is a combination of $1.40. So 14 dimes or 2 half dollars and 4 dimes or 4 quarters and 4 dimes. So todays price where I’m at 14 dimes will run me $28 for one Troy ounce of silver
@@StatesideStash THAT'S IT! I seen the explanation a few years ago and just now thought of it...I wonder if we should use that calculation when deciding which one oz of silver' is cheaper to buy between the two
@@Eli-qr9hc that’s personally what I do. That’s why I’ve been stacking so much junk silver recently