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Good morning, Daniel. Yes I agree that right now would be the perfect time to purchase silver due to very low premiums and a relatively stable low $30 spot price. However, strictly as an investment, it must be held for an indeterminate number of years until the inevitable up-cycle occurs. I did very well during the Hunt brothers plan to corner the silver commodities markets. Only when the silver is sold, including the sell premium, can someone say that they made money. Frankly, I consider silver an extremely poor investment. It's a commodity like crude oil, wheat, and timber. On an average day, about 350 million ounces are traded. It's considered a 'precious metal', but is it really? Some Mexican silver mines that produced the fabled 'Piece of eight' over five hundred years ago, continue to produce silver. OPEC routinely adjusts production to keep prices elevated and stable. Silver producers should follow their lead. The Hunt brothers factually demonstrated that buying up every available ounce of silver created a massive shortage that drove the price to almost $50/ounce. By reducing supply, producers can legally manipulate the price to the upside.
@@CoinHELPu I really take offense to the term junk silver. Constitutional silver is still legal tender. Not American Eagles, or buffalo rounds. 1794 half dollar $13,000,000 BOOYOW. Roughly $11 melt price! 😱
Still stacking strong!! Buy the dips!! After years of stacking, I have 5 boxes of American Silver Eagles. The future of silver is Bright!!! Another great video!!! Thank you.
The Hunt brothers drove silver up to almost $50/oz; I remember selling a handful of bars for $40ish. In the years since silver has seen extended periods below $10, and even down to $5. I don't think it will ever get that low again, but wake me up when spot gets to $17 and maybe I'll buy a round or two.
Been stacking 90% since 2013. Aside from finding a key date 1921 S in one purchase, I am still holding it all. Certainly better than letting it sit in a savings account at the time. Long as I don’t have to, I’m holding it for the long game. In my early 50’s now and its part of my diversified asset portfolio
When I bought bullion coins the first time, the premium on gold eagles was about 50.00. Now it's 150.00+/-. I'm not a coin dealer but I would guess that most bullion coins are obtained through the various mints. Why do the premiums have to be so high? Your coins have to increase considerably just to get to a break even point.
@@coopandcarter as a normal person you have to go to physical shops, shows and markets and haggle your way to reasonable pricing. Every online listing is essentially a scam, I mean obviously you get your metals, but they steal so much from you in premiums you have to hold most items for many years to break even, let alone see a profit. Don't worry so much about the premiums, though. In my experience, it's proven better to pay the premium and own the metal, than it is to hold the dollars and watch them evaporate. Best of luck to you.
I need a class. Crash coarse in playing with money... Dues and don'ts. Im glad I found your channel. I will pay you to attend a class or three. Thanks so much for all your help. Im 60 ad jjust started last week. I have spent a fortune.😜
@@prettyplayfull Educate yourself on types of investments. Have 3-6 emergency cash reserve. Diversify investments over 6-8 categories mutual funds, ETF, REIT, etc of which one would be precious metals. I keep 10% of mine in gold and silver. If this is too much on your own, hire a professional, fee based financial planner. Steer clear of Crypto!
That’s ok I’ll keep buying some of the supply away until there is no more. Last year it was made was 1964 and much of it has been melted. I still stand on the idea that junk silver will have a much higher premium than silver eagles one day.
Love constitutional silver,you never know what you might luck up on,not a big Buckeye fan but I think tomorrow you'll be extra happy to show your school spirit,have a Blessed Day!
Agree. I trade index options and the technicals look great for silver while sentiment is poor, a great combination for a solid run over the next 6-12 months. I have a permanent core physical stack at very low old prices but trade around it in physical and ETFs, and am adding slowly waiting for the bottom that appears to be approaching. And investor sentiment is usually wrong.
If you can get 90% at a decent price with a small or no premium, I'd pounce on it like a hungry tiger. That's just me talking though.. Daniel always knows how to get the ol' brain working.. Thank you.
Silver needs some kind of event to drive it. In March 2023 we had the bank crisis. Right now, if you can do it, hold off on selling. When we get the next flash point then sell and take advantage of the temporary price spike. Don't wait too long as silver spikes never seem to last very long.
Nice video. Thank you. jP ....ps,,am now looking up the melting point for silver..or maybe just make these into some kind of "novelty" coin. Example: I have and gold colored IKE dollar tat has 5 little stars in a circle on the obverse. It also has extra tiny date imprints for the 5 star general. Or maybe glue some silver to the front of my mil style belt buckles.. working...working...
I think people are choosing other investments because metals are being manipulated. Personally even knowing that doesn't scare me off. After all every single market worldwide is manipulated in some way. That's not a conspiracy, that's a fact.
IMO, I think you partially hit on it but you completely missed the most important impact. Silver, along with most other metals, are a global commodity. It is nearly impossible to manipulate the global supply and demand on a long-term basis unless it's a massive government intervention by a giant economy. However, you missed the most important part is that global currency exchange rates. If you think silver is expensive in the US today, its prob 20%-35% higher in Euro or Yen as the dollar strengthened. It would be interesting to overlay the silver price chart in other currencies to see the % changes.
With electric batteries are able to quick charge in 5 minutes...takes silver! and Russia buying the heck out of silver and precious gems Silvers on the rise.
Counted last night I have 271 circulated rolls of merks and Rosie's. 19 BU merks and Rosie's. 86 circulated rolls of Washington quarters, 13 BU rolls as well.
I have about 200 BU rolls of mostly quarters and halves. I love opening a bu roll periodically and checking for varieties. Nothing is prettier than a gem roll of lusterous 90%.
Hey, I bought gold and silver but...Most likely scenario: Stack so your kids can sell at a 40% loss and buy $300 an ounce flowers and $20 drinks at the chic cafe. Fact check that.
Silver is the poor man's gold. Poor people are cashing in their savings in order to live. That, coupled with more people finally getting wise to how junk is bought and sold, is decreasing it's luster... at least in the small stacking circle I'm a part of.
Thank you once again Mr Daniel. Always like to see the historical aspects of metals….. like when Russia invaded Afghanistan in 1980 and that was concurrent with the Hunt Brothers purchasing billions in silver. Was nice then with silver hitting close to $60 per oz. Would be nice to see just a fraction of that again. (Not just 1/2 ). Happy New Year and thanks again.
It means it an opportunity to stack and possibly make profit. I have a 1964d Washington Quarter graded MS66+. Worth roughly $65 as a numismatic item, only about $6.50 as silver melt
Good video btw. My local coin shops I feel are charging to much though tbh. They are charging 23x-24x face. IMO that's to high for junk. Rather just get pure since the premium on it would be lower.
I think with the economy getting ready to tank it’s good to factor that in to your stacking strategy. The economy is currently strong but it’s about to take a dive very soon.
What are you selling "junk" (I hate that term) silver for currently? It seems to me that an "eBay index" would be useful, if it doesn't exist already. People have mixed feelings about eBay, I know... but I think a 30 day sold listings average chart for "junk" silver would be a pretty great real world tool.
So, when we buying it from the slicks bin, I should pay face value only? Or do I calculate FV x $$? (10, or 12?) or r u saying pay face value? A .50 cent Walker= . 50 cent or two Washington Quarters today? I think you lost me in the weeds?
Some people just dont got no respect for what’s real in life. And they love being lied to because the lies make them feel all warm and fuzzy. Give me a bag of old dimes, quarters, halves or silver dollars and I care not what happens in the world. I know they will ALWAYS be worth MONEY. And remember folks, the higher the silver price goes, the more of these old historic coins will get melted into bars by people without a brain.
@thepapervigilante2208 not when it costs 10-20% to sell it for fiat. Only a trade/barter could get you to break even. Experience shows kids will most likely sell it for nothing and buy $300/oz weed or $20 drinks.
@@cakensteak you can say whatever, I can say anything, but the reality is the same. Paper goes to infinity… silver remains the same on earth since the beginning of times
I suspect better buying opportunities are coming. US bonds offer better returns, and that is destroying bonds and currencies of other nations. Look at videos of China struggling now, looks like a depression had started. For now US looks better, but that is an illusion by central banks and the current administration. Cash is king right now.
Love 90% because of the history of it. Been buying it consistently since about 2003. Thx for the video Daniel. I’m cheering for an Irish/Buckeye showdown! Go Irish ☘️
I like junk silver better when the buy is a little back of spot and it's sold at spot, or just rounded to the nearest quarter or dollar. I think it's more common in canada because our junk is only 80% which is less appealing. But I still pull the occasional MS-62/63 silver dollar, or some minor variety out of the bins for melt price.
It great, 90% should never be anywhere close to spot to buy. There is sooooo much out there. Hopefully the spot will drop a little more then stabilize so dealers will be stuck with the product they have& eventually be forced to sell at a loss. I have recently been buying silver about $6-$10 under spot shipped for decent stuff on ebay, all real and protected by paypal if someone sends me bunk. So I expect 90% junk to get there as well. This is a nice payback to vile dealers that artificially jacked up the price so much on Junk and especially eagles for so long.
I always tell people who do this, to complain less, find what it positive instead of negative. 99.9% of the time, there's way more positive than negative and negativity energy brings bad vibes and is counterproductive.
Looks like signs of deflation, but also cryptocurrency is more exciting right now. Fear trade dropped with Trump coming, and greed phase hasn't started yet. Most people would see the recent price rise as a time to sell, not realizing that what they've waited decades for is potentially less than a year away.
90% Junk Silver Premiums Gone! What Does It Mean For Stacking?
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@CoinHELPu just alot to scroll through 1 by one. Sorry I'm not tech savy. Don't really know how to search certain things
Good morning, Daniel. Yes I agree that right now would be the perfect time to purchase silver due to very low premiums and a relatively stable low $30 spot price. However, strictly as an investment, it must be held for an indeterminate number of years until the inevitable up-cycle occurs. I did very well during the Hunt brothers plan to corner the silver commodities markets. Only when the silver is sold, including the sell premium, can someone say that they made money. Frankly, I consider silver an extremely poor investment. It's a commodity like crude oil, wheat, and timber. On an average day, about 350 million ounces are traded. It's considered a 'precious metal', but is it really? Some Mexican silver mines that produced the fabled 'Piece of eight' over five hundred years ago, continue to produce silver. OPEC routinely adjusts production to keep prices elevated and stable. Silver producers should follow their lead. The Hunt brothers factually demonstrated that buying up every available ounce of silver created a massive shortage that drove the price to almost $50/ounce. By reducing supply, producers can legally manipulate the price to the upside.
@@CoinHELPu I really take offense to the term junk silver. Constitutional silver is still legal tender. Not American Eagles, or buffalo rounds. 1794 half dollar $13,000,000 BOOYOW. Roughly $11 melt price! 😱
It has a menu, that you can click for the drop downs.
@@CoinHELPu awesome I see that now thank you so much for your help
Never panic when stacking , you do not loose or gain until you sell it. Until then, keep calm and keep stacking
@@scotthansen9081 "hodl" 😆
Still stacking strong!! Buy the dips!! After years of stacking, I have 5 boxes of American Silver Eagles. The future of silver is Bright!!!
Another great video!!! Thank you.
Thanks!
Thank you!
The Hunt brothers drove silver up to almost $50/oz; I remember selling a handful of bars for $40ish. In the years since silver has seen extended periods below $10, and even down to $5. I don't think it will ever get that low again, but wake me up when spot gets to $17 and maybe I'll buy a round or two.
Been stacking 90% since 2013. Aside from finding a key date 1921 S in one purchase, I am still holding it all. Certainly better than letting it sit in a savings account at the time. Long as I don’t have to, I’m holding it for the long game. In my early 50’s now and its part of my diversified asset portfolio
@@halfdollar1 I found a 1921p you just never know what you will find in a bag of 90%
Thanks for sharing Daniel! It will definitely be interesting to see where the prices stand next month at this time.
Thanks for sharing your feedback enjoy your videos.
When I bought bullion coins the first time, the premium on gold eagles was about 50.00. Now it's 150.00+/-. I'm not a coin dealer but I would guess that most bullion coins are obtained through the various mints. Why do the premiums have to be so high? Your coins have to increase considerably just to get to a break even point.
@@coopandcarter as a normal person you have to go to physical shops, shows and markets and haggle your way to reasonable pricing. Every online listing is essentially a scam, I mean obviously you get your metals, but they steal so much from you in premiums you have to hold most items for many years to break even, let alone see a profit. Don't worry so much about the premiums, though. In my experience, it's proven better to pay the premium and own the metal, than it is to hold the dollars and watch them evaporate. Best of luck to you.
Bought two 1 oz RCM gold bars Jan 2024. I also thought premiums were way high, bought anyway at 2154, now they're selling almost 2800.
What would be interesting would be a chart of the price of silver with premiums added in. I think the chart would be flatter overall.
I’m still and will keep buying.
Good points made, thanks for sharing...
I need a class. Crash coarse in playing with money... Dues and don'ts. Im glad I found your channel. I will pay you to attend a class or three. Thanks so much for all your help. Im 60 ad jjust started last week. I have spent a fortune.😜
@@prettyplayfull Educate yourself on types of investments. Have 3-6 emergency cash reserve. Diversify investments over 6-8 categories mutual funds, ETF, REIT, etc of which one would be precious metals. I keep 10% of mine in gold and silver. If this is too much on your own, hire a professional, fee based financial planner. Steer clear of Crypto!
Funny thing is all I want is a dollar face in dimes just have to go my LCS and get it think a lot of it could be laziness with some people
That’s ok I’ll keep buying some of the supply away until there is no more. Last year it was made was 1964 and much of it has been melted. I still stand on the idea that junk silver will have a much higher premium than silver eagles one day.
Love constitutional silver,you never know what you might luck up on,not a big Buckeye fan but I think tomorrow you'll be extra happy to show your school spirit,have a Blessed Day!
Agree. I trade index options and the technicals look great for silver while sentiment is poor, a great combination for a solid run over the next 6-12 months. I have a permanent core physical stack at very low old prices but trade around it in physical and ETFs, and am adding slowly waiting for the bottom that appears to be approaching. And investor sentiment is usually wrong.
I sold a bag for $23 recently. Needed the money. And that was $1.50 in back of spot.
If you can get 90% at a decent price with a small or no premium, I'd pounce on it like a hungry tiger. That's just me talking though..
Daniel always knows how to get the ol' brain working..
Thank you.
In the end coins and bullions are still merchandise. Personally I would rather get rid of expensive debt first especially after the holiday season.
I love prices dropping means it’s time to buy.
buy rhe dips,
@@tzkb8742 prices arent dropping.
Coin Exchange on Ebay's roll of Franklins is 240 so still $3 above spot there. Idk where it's cheaper, maybe local coin shops.
Silver needs some kind of event to drive it. In March 2023 we had the bank crisis. Right now, if you can do it, hold off on selling. When we get the next flash point then sell and take advantage of the temporary price spike. Don't wait too long as silver spikes never seem to last very long.
The chart shows higher highs and higher lows, which means good/bullish trend.
So how much is face going for right now? Did I miss it in the video?
Nice video. Thank you. jP ....ps,,am now looking up the melting point for silver..or maybe just make these into some kind of "novelty" coin. Example: I have and gold colored IKE dollar tat has 5 little stars in a circle on the obverse. It also has extra tiny date imprints for the 5 star general. Or maybe glue some silver to the front of my mil style belt buckles.. working...working...
Time to buy!
I think people are choosing other investments because metals are being manipulated. Personally even knowing that doesn't scare me off. After all every single market worldwide is manipulated in some way. That's not a conspiracy, that's a fact.
Is where the money is made😂
Love the content, thanks
I like silver just for the sake of it. I don't care if it rises or falls, I will always love it!
Silver premiums have always been stupid. Demand is representative of the bargain basement premiums as of lately.
Thanks and have a good day.
Thanks for sharing good information
silver maybe down that's a great opening to buy silver lower prices on Silver😮
I find it kind of strange there was a time my local pawn shop was buying junk silver and giving %100 the current spot price of silver !
Do you have rolls or bags of constitutional for sale? I didnt see it on your page. Kind of hard to navigate
No, we don’t. Hard to navigate? Everything we have is all in one page, just scroll down and see it all.
We do have some rolls but not bags. Sorry about that.
@CoinHELPu rolls work too. Ill try to find it. I was probably to impatient
Here’s the link portsmouthcoinshop.com/?product_cat=90-silver-rolls
search 90% on the site,
Thanks for your advice
I going the have to send Danial a gift for the all the free Education about coins.
IMO, I think you partially hit on it but you completely missed the most important impact. Silver, along with most other metals, are a global commodity. It is nearly impossible to manipulate the global supply and demand on a long-term basis unless it's a massive government intervention by a giant economy. However, you missed the most important part is that global currency exchange rates. If you think silver is expensive in the US today, its prob 20%-35% higher in Euro or Yen as the dollar strengthened. It would be interesting to overlay the silver price chart in other currencies to see the % changes.
Thank you Daniel!
Premiums are dropping but prices are rising on all metal sites, over 30 dollars an ounce now.
way to much
Nothing better than W L halfs for 9.00 $$$$...
With electric batteries are able to quick charge in 5 minutes...takes silver! and Russia buying the heck out of silver and precious gems Silvers on the rise.
Microchips and working in chip plants/
I don't give a F----!!! When Grandpa it was in the interest in my mind!
But thousands of things changed so I don't care about the silver or gold! It's just what I have kept seeing/slash keep us wiggling😅
Counted last night I have 271 circulated rolls of merks and Rosie's. 19 BU merks and Rosie's. 86 circulated rolls of Washington quarters, 13 BU rolls as well.
@@bensherman8976 where do you live? LoL 🤣
I have about 200 BU rolls of mostly quarters and halves. I love opening a bu roll periodically and checking for varieties. Nothing is prettier than a gem roll of lusterous 90%.
Thanks Daniel.
Think about the folks bought at 40 times face during Covid
FOMO panic was so high, it even got me since I was retiring.
No one paid anywhere near 40 times face. 28 was about the highest.
No premiums mean back up the truck!
Hey, I bought gold and silver but...Most likely scenario: Stack so your kids can sell at a 40% loss and buy $300 an ounce flowers and $20 drinks at the chic cafe. Fact check that.
Hold long term and that wont happen and no dealer is paying 40% less of the worth of silver. That is the facts.
Silver is the poor man's gold. Poor people are cashing in their savings in order to live. That, coupled with more people finally getting wise to how junk is bought and sold, is decreasing it's luster... at least in the small stacking circle I'm a part of.
Thank you once again Mr Daniel. Always like to see the historical aspects of metals….. like when Russia invaded Afghanistan in 1980 and that was concurrent with the Hunt Brothers purchasing billions in silver. Was nice then with silver hitting close to $60 per oz. Would be nice to see just a fraction of that again. (Not just 1/2 ). Happy New Year and thanks again.
It means it an opportunity to stack and possibly make profit. I have a 1964d Washington Quarter graded MS66+. Worth roughly $65 as a numismatic item, only about $6.50 as silver melt
Good video btw. My local coin shops I feel are charging to much though tbh. They are charging 23x-24x face. IMO that's to high for junk. Rather just get pure since the premium on it would be lower.
3 cents to make a cent and eleven cents to make a nickel the way money is made will change just ask DOGE
That does need to change.
@CoinHELPu your reply makes cents
Collecting 90% constitutional silver is just common cents
Governments don’t exist to be profit making machines. That is not their purpose.
I think with the economy getting ready to tank it’s good to factor that in to your stacking strategy. The economy is currently strong but it’s about to take a dive very soon.
It means I’m going to my local coin shop and backing up the 🛻 truck!!!
In 2013 i flat out stocked i seen the prices dropped and i kept on stoclking until it got to 20 bucks then i stopped
Morning all my friends!!!!! 🌅💖
I like to add some junk silver when the price is right.
Buy buy buy! 😂
Thank you for the insight on Silver, please do one on gold!
Means better time to buy
🇺🇸 USA silver coins 🇺🇸
Old USA coins......
What are you selling "junk" (I hate that term) silver for currently? It seems to me that an "eBay index" would be useful, if it doesn't exist already. People have mixed feelings about eBay, I know... but I think a 30 day sold listings average chart for "junk" silver would be a pretty great real world tool.
So, when we buying it from the slicks bin, I should pay face value only? Or do I calculate FV x $$? (10, or 12?) or r u saying pay face value?
A .50 cent Walker= . 50 cent or two Washington Quarters today?
I think you lost me in the weeds?
I never once mentioned face value or anything like that.
CONSTITUTIONAL SILVER! NOT JUNK!
It’s still junk silver lol
Some people just dont got no respect for what’s real in life. And they love being lied to because the lies make them feel all warm and fuzzy. Give me a bag of old dimes, quarters, halves or silver dollars and I care not what happens in the world. I know they will ALWAYS be worth MONEY.
And remember folks, the higher the silver price goes, the more of these old historic coins will get melted into bars by people without a brain.
Can't eat it
Can't drink it
Can't defend with it
Can't keep you warm
@@woodyboy210 but still better than paper dollars my friend
@@woodyboy210 and worthless when SHTF
@thepapervigilante2208 not when it costs 10-20% to sell it for fiat. Only a trade/barter could get you to break even. Experience shows kids will most likely sell it for nothing and buy $300/oz weed or $20 drinks.
@@cakensteak you can say whatever, I can say anything, but the reality is the same. Paper goes to infinity… silver remains the same on earth since the beginning of times
Yup, but everything you listed can be bought with it!
A good time to buy
I suspect better buying opportunities are coming. US bonds offer better returns, and that is destroying bonds and currencies of other nations. Look at videos of China struggling now, looks like a depression had started. For now US looks better, but that is an illusion by central banks and the current administration. Cash is king right now.
Love 90% because of the history of it. Been buying it consistently since about 2003. Thx for the video Daniel. I’m cheering for an Irish/Buckeye showdown! Go Irish ☘️
I like junk silver better when the buy is a little back of spot and it's sold at spot, or just rounded to the nearest quarter or dollar. I think it's more common in canada because our junk is only 80% which is less appealing. But I still pull the occasional MS-62/63 silver dollar, or some minor variety out of the bins for melt price.
It great, 90% should never be anywhere close to spot to buy. There is sooooo much out there. Hopefully the spot will drop a little more then stabilize so dealers will be stuck with the product they have& eventually be forced to sell at a loss. I have recently been buying silver about $6-$10 under spot shipped for decent stuff on ebay, all real and protected by paypal if someone sends me bunk. So I expect 90% junk to get there as well. This is a nice payback to vile dealers that artificially jacked up the price so much on Junk and especially eagles for so long.
Stack weight.
Love junk silver 🥈👍
ComeOnMan.......Silver is the poor mans gold. Currently it's a great time to buy. Especially with our inflated dollar.
Where is the silver coming from to fill the 300 millions ounce supply gap per year?
Just found a 1961 dime in a coinstar yesterday. 90% just gets no respect, i tell ya..!
@@heyokaempathtraversingcontrari it is always very nice to get silver at face value! I always check the CoinStars!
Because silver didn't do much in the first administration, I think stackers are waiting to see if spot prices will languish the second time around.
Those down years, like values today, are the result of price manipulation.
What could a1936 half dollar be worth in very good condition?
Always consult price guides. No one can say what a coin is worth without seeing it first, that's a good way to be mislead.
Easy, people are prepping.
Need to show your face more. Looking at a piece of paper is not interesting. Thank you.
I always tell people who do this, to complain less, find what it positive instead of negative. 99.9% of the time, there's way more positive than negative and negativity energy brings bad vibes and is counterproductive.
Looks like signs of deflation, but also cryptocurrency is more exciting right now. Fear trade dropped with Trump coming, and greed phase hasn't started yet. Most people would see the recent price rise as a time to sell, not realizing that what they've waited decades for is potentially less than a year away.