The Ultimate Guide to Buying Junk Silver
ฝัง
- เผยแพร่เมื่อ 14 ก.ค. 2024
- This video is my guide to buying junk silver. Junk silver is US Mint half dollars, quarters, and dimes that are from 1964 or older. $1 Face Value (circulated) of junk silver = .715 Troy Ounces and $1.40 Face Value = about 1 Troy Ounce. At the start of the video I do a junk silver unboxing showing 3 packages I recently received. These coins will all be added to my junk silver stack. When you are calculating prices $1 of junk silver face value can be any combination of coins. When looking at junk silver vs bullion it is clear that junk silver can be harder to price and buy. Junk silver investing can be done with confidence when you use my face value multipliers which are listed here:
10x = $14.00
11x = $15.40
12x = 16.80
13x = 18.20
14x = 19.60
14.3x = $20.00
15x = $21.00
16x = $22.40
17x = $23.80
18x = $25.20
19x = $26.60
20x = $28.00
My favorite type of junk to buy is without doubt junk silver dimes, but a favorite of stackers are the Kennedy 1964 half dollars. Junk silver quarters don't get as much love but they are great for stacking as well. The best junk silver to buy is the kind that you can get for the lowest price. The best place to buy junk silver is the place that is offering the lowest price. When buying junk silver coins on ebay or from any private party feel free to reference this junk silver buying guide to make sure you are getting a good price! Happy Stacking my friends!
My Website:
silverdragons47.com/
Check out SD Bullion for AWESOME Deals on Gold and Silver!
sdbullion.com/dragons
Below are some AWESOME products that I use:
Inexpensive Scale for Weighing Silver and Gold
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Black Ring Capsules for most Silver Bullion Coins (38mm)
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Black Ring Capsules for American Silver Eagles (40mm)
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Gloves for Handling Coins
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/ silverdragons47
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S. Dragons
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Thanks for watching!!
Disclaimer: Some of the links are affiliate links where ill earn a small commission if you make a purchase at no additional cost to you.
Topics I cover in this video: junk silver, junk silver unboxing, junk silver stack, junk silver face value, junk silver vs bullion, junk silver quarters, junk silver bag, junk silver investing, junk silver dimes, junk silver price, best junk silver, best junk silver to buy, best place to buy junk silver, buying junk silver, buying junk silver coins, buying junk silver on ebay, junk silver buying guide, guide to buying junk silver
#silver #silverstacking #silverdragons
$1.40 Face Value = about 1 TROY Ounce I realize there is a typo but I was just “toying” with you 😏🔥🐉
Silver Dragons
Dude‼️
Seriously, honest best guess...
Where do you see spot for silver going in the next year...
I just can’t decide if buying some junk now is worth the money I’ve saved...
Help...‼️
Now do 40%
Sell me your barber coins and junk Morgans lol
Please do a short video on troy ounce vs ounce!
Russian Bot th-cam.com/video/312s-dKaHSk/w-d-xo.html
This is the ultimate guide. I work at a coin store and frequent this video often to explain 90% silver to my customers.
Thank you, thank you, thank you! Your time spent in making these videos is very much appreciated! God bless!
One of the best videos I've watched about stacking, thanks for breaking this down.
Thanks sooo much for posting this! Finally an in-depth video on TH-cam about buying junk silver. This is really going to help me with my junk silver purchases!
Jamey Collins you are welcome and good luck! 🔥🐉
I’m just getting into collecting, thank you so much for explaining this!
Just been stacking recently, can’t wait for your videos to come out. Thank you so much for the content you put out.
Honestly this was an amazingly helpful guide, I'm a new investor (in pretty much all things!) First 2 ounces of silver I bought was in bars and cost me $31 per ounce. Now I know how to lower my dollar cost average and make lemonade out these lemons!
On eBay these days we see 31-45$/ounce easy plus shipping its crazy everything is jacked up!
truth is within there’s been a slow and steady decline of silver that’s been brought up to the surface. COVID exasperated that shortage and that’s what’s caused the price hike.
I am new to stacking, and I have learned a lot from your videos. Thank you for sharing your knowledge.
Thank you very much for the vid! Great information and explained simply. Love your channel!
Definitely helpful advice that I needed. I’ve often questioned my purchases after leaving a store if I overpaid or got a fair deal. Appreciate the GUIDE!!!😃
exactly my thoughts ! glad im not alone
Been binging on these old videos the past couple of days. I learned a lot. This was particularly informative, even though the spot price of silver throws your buy point off. I also liked your Gold / Silver ratio explanation. I knew what it was, but you explained how to put it into practice, same with this video.
Very useful information. Thanks so much for breaking this down.
I find your study & guidance worth it’s weight in gold!!!
Thanks - I made a google sheet I can access on my phone with 2 inputs (Total Price-TP and face value-FV) and an output (TP / FV / 0.715). This eliminates the slight rounding issue of using the rule of thumb at 1.40. It really opened my eyes to how big the premiums on junk is today (Oct 2022).
Easy. Just buy at face values in base 10. Then you'd just need to remember to divide total cost by the number 715 . Just move deci around for the base 10 you bought.
$1 face divide .715
$10 face divide 7.15
$100 face divide 71.5
Just watched again for the second time. Thank You!!!
Incredibly informative.
Thank you.
Some great information for me to decide what I want! I am going to have to explore
Kind and honest presentation...TY!
this explains a lot for me. A thousand ounce bag of constitutional silver equals 715 ounces. It's not 1000 ounces and that's the trick. It's deceiving. The face value of a dollar is very different than the one ounce. As of today 5/14/23 the price per ounce on SD is 36.27 an ounce. Ouch. Now that I understand I just went online to see what the junk silver is going for.
I can get 1 oz. rounds for less than that. Even the maple leaf is cheaper.
This just saved me a pile of money and I appreciate it.
I have junk silver from years ago. I'll keep that since it seems to be worth more than new minted silver.
Amazing video man! Thanks so much! Very Informative!
Thank you SD‼️ As a paramedic, you have improved my gray matter and my heart health.
Kalola Wahine lol i’m glad to hear it! 😁🔥🐉
TREMENDOUSLY HELPFUL! Thanks!
Thank you for such incredible information. Not into buying or trading, just trying to learn new things.
Very helpful. Thank you from a brand new stacker!
Thank you for the video, I am a beginner of silver stacking. It was very helpful.
Gotta say thank you so much for this video! I just picked up some junk silver from a private seller that worked out to $19.04/oz after using your calculations. Spot as I type this is $22.64. Thanks, dude!
Great video, We need to stay on top of what we are actually paying for what we get. Thank you for reminding us!
Bricktown Silver you are welcome my friend! 🔥🐉
Thank you for the excellent video SD 🥈🐉
This is a fantastic video! Thanks for the reference
Wow... Thank you so much for the info on buying junk silver. 😎👍
Thank you very much for this! Been stacking mostly junk silver since prices went up over 20 an once. I can still get this for less.
I always buy atleast 3 "Toy" ounces of junk silver whenever I visit my LCS.😉
do you mean Troy?
@@cyanide5287 6:51 he's jesting about the typo on the paper
One roll of junk silver dimes is 3.6 Oz Troy, for all practical purposes
@@cyanide5287 someone slept through ethics
@@Joker-yw9hl ah
Great guide, junk silver is awesome! Thanks for the video👌🏻🔥
Hi just hit scribe to your channel because you showed us how to pay correctly for junk coin and I to love silver dimes to know I will feel confident to pay a fair price by using your chart you provided I’m new to silver stacking so I appreciate all the help I can get Thank You 👍
Thanks for the up's, Appreciate it!
Super freaking cool thanks man that’s really helpful !! 😃
This is worth the time to watch and learn. This is an awesome video as are all the others produced by Silver Dragon productions.
This is a VERY INFORMATIVE Vid... Thanks for taking the time to break everything down!!! I "LIKED & SUBED."
Thanks, this helps to understand value, to buy or sell.
The face value multiplier is extremely useful, I wish I knew this when I was more newbie, still a newbie here in youtube though. You have a new subscriber, Venezuelan stacker will show more love to you from now. Thanks for sharing.
Thanks for the video! It was a great help!
I got me a little junk as well! The last junk I got was quarters. Awesome video!
This is a super good explanation!
Thank you for explaining this.
The fact that SD Bullion, has its name, on the uncirculated Kennedy halves, tells me, that someone has already gone through them, for error or other coins.
Awesome video man! I love that 14.3 threshold. I’m going to stick to that!
I’ve seen plenty of videos about junk silver and this is the best I’ve seen.
Print out of pricing was a nice touch. Keep up the great informative videos!👍👍
Coin & Silver Journey thanks so much! 🔥🐉
Faby!! Information!
MUCH LOVE!!💘
Mike Jones thanks so much! 🔥🐉
Very cool presentation! I subscribed and liked! Thanks!
Thanks for the help
Great video man! You're videos are so good 👌😎
This is extremely helpful info for a noob like me. Thanks!!!
Great educational video. Nicely done!
mrbarlint thanks so much! 🔥🐉
Usually, my dealer will have the same price on both BU and circulated junk Silver, so I always go with the BU. But to get junk prices for BU coins, they have to be no older than Benjis, Roosevelts, or Washingtons. He'll also some times throw in the common commemorative coins.
Junk was my start so I sure do know what is up with it. Great stuff for sure. Have a great weekend son.
Tomoko's Enterprize oh yeah so much fun for sure! 🔥🐉
that silver guitar pick is awesome
Set my OCD on fire when you mixed the Mercury and Roosevelt's. Lol
Ready Or not 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🔥🐉
Misused apostrophe!
I would sell my Roosevelt's if some will to give me a dollar for that idiot president. I love Mercury hard to confuse them.
@@DriftinDoug
Well, keep on drifting, Doug...
"my ocd" *uses apostrophe wrong*
Great video man, I'm sure it helped alot of people.
Silver BeachBum thanks that is my hope! 🔥🐉
Excellent video !!
Finall constitutional silver explained simply sand thoroughly! Thank you!
Dude- i noticed that guitar pick amongst ur stack. THAT’S EXACTLY WHAT IS HAPPENING ON MY DRESSER RIGHT NOW!!!
Every week i buy silver at my LCS and stack it on my dresser for a few til i get out the vault and sort it into the prospective place. But the pick always stays…rock on, bro…
Great reference, any new stacker should check your videos they are jam packed with info newbies need to know before they start. Keep up the great work.
carlos danger awesome thanks for watching! 🔥🐉
thanks for the junk ilver multiplier i will use it in the future
Great job
I love old coins so for me this is all I will buy for my stack.
I want history, not some modern rounds with no story behind them...
very helpfull and thank you
GOOD INFO THANKS
This has helped me realize that most of the "junk silver" being sold by most vendors is priced at least double it's true value. Thank you for explaining this to us Silver Dragons
Silver guitar pick? Wow so cool, thank you sd for more content.
Great information Silver Dragons
Great Job!
Excellent video👍
Thanks for the guide Dragons! Just a heads up for newer stackers, as Dragons stated the junk is only the halves, quarters and dimes. The chart doesn’t apply for Morgans or Peace dollars as they contain more silver than the “junk” silver coins. Of course, if someone is selling Morgans or Peace dollars at 12x - 14x face then jump on that!
Vertical Stacker yes for sure! also doesn’t apply to 40% halves or war nickels 😂🔥🐉
Yes most of my coins are Morgan and peace dollars and does the video apply to this at all and what would be a good price to buy and sell
I got screwed on my first sale of junk silver. I was basically forced to toss it in for free with the private, public and foreign silver coins I had that were pure silver. Where is the best place to unload junk silver if I have to sell it short of the apocalypse? Have you done a video, Silver Dragons, on that subject? Or could you possibly do one when you have time? Selling pure silver to a store is quick and I at least get market back with a little small talk, but if I am collecting and investing in junk silver at all I want to be able to get at least market on a sale, if not get my premium for the private middle.
Thanks in advance! I love your videos. You are a lot more honest and a lot less hype about the business and your opinions of it, than a lot of the guys who are pushing their sales here.
Nice video. Good content. Thanks a lot.
I've been getting junk around the 13x and I'm not mad about it. Premiums are crazy right now but I love adding junk to my stack!
Yeah i recently paid the most i ever had for a roll of dimes, but i solely consider it a S hit the fan barter item so im not looking at it in the terms of resale.
Jonny Stacks 13x is not all that bad stack on! 🔥🐉
@@freedomfighter1861
Wait, aren't you that "Hillary Supporter" ..who I see shilling ALL OVER Fox News??
Considering it’s now 21x or more it’s epic at those levels. Man to have a time machine. Lol
Comments like these make me feel ok here in 2022. It's all in the mind. Stack on.
Thank you for your video. Im a disabled veteran and don't have much income to buy silver (witch I love alot) with and your advice on the junk silver from SD is useful. Im gonna start buying $5 face dimes a month now. Thank you
Right On!
*TRUMP 2Q2Q!!*
buy coin shops it is much cheaper normally
@@thecoinguy007 not anymore, even with the shipping and handling its still cheaper from SD than here local. The shops here in my area are changing a premium on it to make extra money because they know the demand is high right now. I went to all the local shops last month to check out their prices on the same coins I get from SD and they cost more because they say it's the convenient cost witch is bs
Thanks for the advice!! I bought my first 10 $ in silver dimes and quarters today , and I’m a keep stacking.hope my wife or daughter’s take it to coin star at the grocery store ,I better hide it thank you
I found the problem here. Finally after watching this like 15 times. SD never mentioned that you have to reduce the FV to $1 so if you divide the selling price by 10 or 100 you have to also divide the FV down to $1. That's what I was missing. Instead of multiplying the $5 FV roll by 2 you could just divide by 5 (to reduce the FV to $1) and you'd get the same result.
Very informative thank you
Great vid learned a lot thank you
I know this is a pretty old video but it's still true to this day. Except silver us more and people are paying high premiums. I love the Mercury dimes. But like I said people are paying thr high premiums. Anyway good video and great advice. I enjoy your videos because you talk slow and you make it so interesting fir beginners. So keep it up and keep on searching for what you 👍 like
I'm still new... but if I want to have silver vs having the money in the bank, does buying 90% Silver Coins - $50 Face Value Bag good? I got it for $930. I'm still so lost, it's like there's a ton of information but I haven't found a video of what I need it. I thought I was stacking but my fear is the dollar losing its value so I want to start collecting silver and even if nothing bad happens I have that security there for me or my kids.
I'm new to stacking and this was extremely helpful! Keep up the great work!
0.6 oz Canadian pre 1968 silver dollars are the bomb here. Easy to evaluate the price/weight beautiful coin and always under/on spot at my lcs.
Great job👍
This some good that I need to know about. Thank you. peace
Good video I learn something
Nice way to list it, Thanks
Cash and Coins thanks so much! 🔥🐉
I just picked up two tubes of Silver dimes. $5 FV each tube. Got them bought for 67.50 per tube. Not too bad for a quick pickup
Coin shop in Harlingen TX was trying to sell me dimes at $2 ea. That multiplier is off the chart, lol. Ty sir, good info 😁
That's a bargain.
Thanks, I am a new Subscriber.
Great Video!
I've been collecting for 14 years, never really understood the "lingo". Thanks so much
My sentiments exactly, except it's literally been 14 days.
Very interesting thanks for sharing
Love those Walking Liberties!
Where in Canada you at?
You have just throw me into it xD Great guide, thanks
This is an EXCELLENT video and well detailed for junk silver.
The only thing I would add if you ever do an update to this video is what the current spot price is of silver while making the video because youtube only shows "4 years ago".
Spot for silver in 2020 was anywhere from $11.68/ounce to $29.91 per pounce.
My assumption is spot was around $18/once while making the video, as you mentioned the most you would pay is around $20/ounce or 14.3X, but no way to know as it is not mentioned.
Problem with dimes is 1) they take a long time to count, 2) if FDR, they take time to authenticate by date or by looking at edge to make sure they are before 1965. 3) they are very easy to spill on the floor. The advantage of dimes is that if currency collapses & you have to use they to buy with (barter), they are small enough in value that the issue of "How does the seller give me change?" may not come up.
I enjoyed your video Silver Dragons! Even though buying junk silver is the cheapest way to go, I'd be afraid of someone selling a bunch of slick coins that I call slugs and reducing the weight of the coins!
Ron Schneider yeah obviously the older the more worn typically 🔥🐉
Just subscribed great information.