I don't stack "war" nickels but I will pull them out of change

@edb3877

Ай бұрын

And then what do you do with them?

@R2023-NV

Ай бұрын

@@edb3877 he stacks them once he pulls them out.

@williamparsons6073

Ай бұрын

Awesome find at face value 👌!

@keymbord

Ай бұрын

That's the fastest way to get silver out of circulation. I usually can get one every other box, and I'm at almost a full roll of them from minimal effort

Can you ask that question to Josh and other dealers: Do refineries actually melt those %40 and %35 silver coins or they just resell them back and just change hands between dealers, refineries and stackers? Cause I really have doubts that anyone actually is melting anything nowadays! They would profit anyway buying them cheap and selling them again on the cheap? What are your thoughts Seeker?

Hi Seeker, thanks for the vlog! Always great to have Josh on!

Go with the Maples or the Britannias. Cant go wrong.

War Nickels are like Goldbacks.. they're not meant for an investment or to sell for a profit. They are for bartering in a unique situation where fractional can only be broken down so far. I don't think either or meant for stacking but a small amount of each are good to have!! By the way Josh and you make a great team🎉

@ItsEverythingElse

Ай бұрын

They have almost as much silver as 90% dimes.

@kotto7877

Ай бұрын

​@@ItsEverythingElse Too bad it's a PITA to extract that silver from war nickels...

@silverfoxfinance

Ай бұрын

But i love war nickels!!!!!

@JAK0E

Ай бұрын

@@ItsEverythingElse I don’t have any but after watching this I think I might try to get a few rolls honestly. If they keep melting them down there’s less and less of them everyday. They only made them for a few years. Unlike dimes they made for over 100 haha

@Mikgwerd

Ай бұрын

*Bagholdbacks

EPIC VIDEO BOYS !!! More like this great questions and insights OUTSTANDING

Always nice to see and hear Josh talk about silver, gold, and stacking. 👍

Thanks for sharing 😊

Always interesting to hear what "On The Level" Josh has to say, just waiting on him to have another flash sale on Mercury dimes as I lean more to the prepper/barter angle. Coin Of The Realm!

Enjoyed the video!

It would be interesting to hear from Canadians how they feel about their 80% silver and do they stack it.

@amr8457

Ай бұрын

I'm pretty sure they're just like us

@pwlacombe

Ай бұрын

I stack it. Canadians know what it is.

@CentennialSilver

Ай бұрын

@@amr8457 From our US youtubers all you hear is " 80% Canadian not good to stack. " Of course there is better. I've got some I kept when I was a kid many years ago.

@2Live4Televizion

Ай бұрын

I stopped stacking canadian junk silver. I prefer 9999 fine canadian maples

@NikonGlare

Ай бұрын

Many canadian stackers will stack them, especially the dollars. Harder to move, sells a bit under spot or at spot if lucky. As a fractional it does the job well as you can easily sell them one at the time or in small lots in private sells

Good stuff

I learned my lesson the hard way with war nickels. bought a full tube years ago and got barely half back when I needed to sell even with silver being higher than when I bought

Why not Minot, Freezin is the reason! GO MAFB!!! The Mighty 5th Bombwing.

I do have a nice pile of war nickels just from going thru nickel boxes. This year alone ive found 36 %40 half dollars as well. Those id part with first. I did find what looks like a brand new walking liberty last month. That was very cool.

Good job thank you

In Raleigh, NC, and surrounding towns, the dealers will not pay spot for ASEs, other government minted coins, and rounds that are 999. They will pay 90% of spot.

@melektaus2906

Ай бұрын

Well if they pay the same for 999, might as well just buy the rounds for the smallest sell spread

Love your content SS

The worst is 10% Mexican silver Pesos!

@danalmos1978

Ай бұрын

What years did they make those 10% Mexican silver pesos?

@JLWendt0704

Ай бұрын

Agreed

(0 percent is always the best. Private buyers will always trust the coins, one can get spot from them.

Pretty much the only silver I stack is 1970's one oz art bars, especially USSC. There are some good ones from the 80's also, but mostly 70's. Prices can range from $35 per ounce to hundreds per ounce of some of the vintage.

I only look for War nickels in circulation. They’re a great deal if you get them at 5 cents.

@ItsEverythingElse

Ай бұрын

I'll give a quarter for each.

Great video. Makes you think.

@PapaKryptoss

Ай бұрын

Makes you think about what?

War Nickels are good for trading up to what you need @ a LCS .

@Mikgwerd

Ай бұрын

Lol, good joke!

My lcs sells impaired sovereigns (not AGE) from the rounds bin.

Haha, about the cutting coins. As a kid our parents were EMT's. They had scissors meant to be able to easily cut your clothes open in an emergency. You could cut pennies rather easily but my parents always said it was illegal.

Very informative. Thank you very much. 👍

I have a few war nickels 🤔 but I don’t stack them

I have that 40% half that SOMEBODY cut to the core! I only stack stuff under 90% when it's gifted to me. Thanks Seeker!

I want to start stacking silver Eagles again, Sold most of mine when premiums were real high.

@TheMostSlyFox

Ай бұрын

Same. Can't stomach 36 each right now lmfao

Whats a good price to buy junk silver at? I try to aim for around 20x or lower when I can but yesterday bought some at 24x

My only war nickels are what I have found detecting. Not my coin of preference for stacking. I’m more partial to pure silver rounds. It’s all good silver, after it runs out

@edb3877

Ай бұрын

We've heard for years and years about this, that, and the other thing "running out", yet here we are with it still available. Yes, it's getting more expensive but we all expected that to happen. It's one of the reasons why so many of us stack... preservation of wealth.

Diversity of anything you have is the name of The Game.

90 % junk silver when you eventually sell $1,000 FACE don’t have to fill out form for paying federal income tax.

Just look at it as denominational bullion for trade or barter. With war nickels at $1.50, the market only needs a 20-30 percent jump and see it nearly double. A tube of 40 is handy and $120 in hand. Silver in the .10oz sizes like pesos are good as well.

Did you delete the comment from the guy saying no matter what we’ve been paying 30$ an oz due to premiums? I disagree with him and his premise but I was clicking on your response and it wouldn’t let me, I wanted to hear what you had to say to him.

I'm Canadian, so I stack 80% coins. I've been trading my foreign bullion for Canadian bullion. I have a handful of Type ASEs, and my only weak spot is Norfeds. I buy those for my own enjoyment.

Hey do you still have that fast tesla that really really fast tesla

I have a question nickel as of today is .535 an oz is that in the melt value of the war nickel

I don’t understand why people pay two, three times or more for painted collector coins when the average buyer is only going to pay you spot if you ever have to sell. Those things are made for either wealthy collectors or sucker stackers.

@langjr0

Ай бұрын

I usually get the colored ASE’s cheaper than ones not colored, you can put it into fingernail polish remover, (acetone) and the paint comes right off..

@danalmos1978

Ай бұрын

I thought my eagles were painted, but coin shop dealer said it’s a sticker, a president. Anybody ever heard of a sticker put on an eagle? Offered me $30. I kept it for the silver

90% is what I stack

@peteric100

Ай бұрын

I stack a little of everything because if I can buy it below spot, I pick it up.

@edb3877

Ай бұрын

@@peteric100 Some really like variety in their stack and they usually say it keeps them interested in stacking. That's fine for some but for me, I like consistency in what I stack, so for silver it's Maples, ASEs, and US 90%. Cost is less of an issue for me, so I usually get BU grade US 90% silver or proofs. Love the early 2000s proof statehood quarters. Gorgeous coins and 90% silver as well.

Foreign obsolete silver coinage is worse than war nickels and 40% halves. I took some sterling silver Panamanian Balboas to a coin shop and got offered scrap which was 65% of melt which is insulting when you consider the percentage of silver content is high and known. Unfortunately, I've got a bunch of foreign silver coins.

Up here in Canada, dealers pay full spot for 50% 1968 quarters and dimes. Americans should come up here.

I'm actually optimistic regarding copper rounds.

i like getting the Canada sterling older than 1920 is 92.5% silver

@stuartmoore6310

Ай бұрын

Also Great Britain and Pre 1945 Australia

@melektaus2906

Ай бұрын

@@stuartmoore6310I went through a phase where I bought pre 45 Australian florins (And occasionally a pre 20 British florins, but they were more expensive) Was able to find them on eBay for a reasonable price sometimes (with a little effort) and I like the design/feel of them. I doubt dealers would pay much for them but at least they’re sterling, they can’t pull the same “but muh refinery costs!” I probably have like 40 Aussie florins, along with some assorted smaller coins

I will take them if they are the right price. They are still AG.

I like Canada and GB coins. I don't stack it but I do collect them. There is some GB coins that are sterling.

I bought 2024 eagles early in January and got a heck of a good deal on them, but I would not buy eagles now! I just waiting for an order of the D-Day 1 oz silver. They look spectacular! My dad fought in world war II and so did three of my uncles. I'm giving one to my sister so we can remember D-Day and what our family gave to that. 🦅

The 1 thing I like about 35% nickels, 40% & 80% Canadian is its cheap & part of how I give my kids allowance. They get their choice of silver or dollars for the week. Both earn up to $7 per week (their 6&8) usually they both take 2 nickels & $4 cash. I've told them it's like a savings that will appreciate as they get older.

I’m in to purity so.999 or .9999 is all I’m after, and rounds are great.

Just my opinion, I wouldn’t sell to any lcs unless i absolutely had to, too many other venues to sell for more than spot.

"I'll sell you whatever you want to buy" is the most wrong phase you can speak in my ear.

!(: Low percentage silver makes sense, but I thought you were going to say high premium ounces like the Marvel stuff ;)!

The only price I pay for 40% halves is face value when I find them in coin rolls.

I once heard a coin shop owner (here on youtube) mention that he'd prefer to NOT buy 100 oz. (or heavier) bars, not being certain that the bars are fully (".999") silver. He'd prefer that sellers bring in 10-oz. bars, instead.

@brian56

Ай бұрын

Even the Englehardts?

@jsivco3sivco785

Ай бұрын

@@brian56 -- Not sure about that; he wasn't specific.

@UKDark_Mark

Ай бұрын

Probably an authentication testing issue on the bigger bars.

@edb3877

Ай бұрын

@@UKDark_Mark Probably easier to fake some of the silver in a large bar. I saw a video here on YT years ago where they had a fake silver bar that they cut into pieces and you could see where some other substance was shoved into the bar. Part of it was silver but maybe 1/3 or so was not. None of the chemical tests would have spotted this fake unless they drilled into it and tested the drill turnings.

What is a war nickel?

Any news on the ping tester app that’s coming out

I live in The Netherlands and a couple of days ago i have bought 8 silver 1 oz Maple Leafs (2024) and 8 silver 1 oz Brittania's (also 2024). In total i paid 541 EURO for them. (including the shipping) That comes down to a premium of 23,08 % at the time of buying the coins. Was that a bad buy i have made and should i move on to gold because of the lower premiums? I would appreciate an honest answer because i am new to coin collecting. Nice video. 👍👍👍👍👍👍

@melektaus2906

Ай бұрын

Does that include VAT? I know euros get screwed on tax when buying silver

@fransfermont6193

Ай бұрын

@@melektaus2906 This was my first buy ever with coins so i honestly don't know.

You know what’s ridiculous!? We looked down on silver coins 100 years ago, comparing their value to the amount of silver therein and saying, “why would anyone save these!? It’s a $.50 coin worth $.50” Fast forward to today, we all drool over $100/oz silver which would put a face dollar of war nickels right where a face of 90% is today, inflation-I know, but a nickle is worth $1.66 and we disregard it. Point is: will scarcity and value elevate these to where 90% is today? And how stupid and shortsighted is it to poo poo these? Hell, at 80-90% of melt, it seems prudent to stack these with a 20year time horizon-I think the guy who buys all the nickels is probably on to something.

what is an impaired silver eagle ???????damaged ??

@user-vl7tl2oz2g

Ай бұрын

Damaged, dinged, cleaned or otherwise marked up outside of the Mint.

Maples, Monster Box!

I only stack Kennedys with two head sides. When I’m ready to cash out I sell to magicians

I collect war nickles my papa fought in WW2 they have a special place in my heart

They're coming from the angle of investing, trying to resell them to dealers, or trying to refine them back to 99%. These sound like great options for people who are thinking about barter.

I had a dealer pay me $5 a coin for 40% kennedys. This was at the Long Beach coin expo.

not many places would even buy those 35% coins, especially a smelter bc they clog up all their smelting devices, even 40% Kennedy halves also. Don't pass up the higher grade coins, if you get a nice buy price !

With silver still so cheap (about 80:1 with gold), I go for quality. My preference: constitution silver and anti-counterfeit maples.

I add them to my stack I have over 100 now

My dealers sell war nickels and 40% for spot and will give you a discount if you buy bulk. Guess call around bc I wouldn't buy or sell from this dealer. They'll give you less than melt when selling, but if you sell in bulk, you get spot.

What is the correlation between melt and spot?

@DanCooper404

Ай бұрын

Same thing.

@SilverSeeker

Ай бұрын

Melt is used when referring to the pure silver content of a silver item that isn't pure.

@coltharwood494

Ай бұрын

@@SilverSeeker Thank you.

Seeker math is it’s own thang 😉

How many Mercury dimes to make full silver oz.? 14 to 20?

@jimmechanikong6924

Ай бұрын

14

@stuartmoore6310

Ай бұрын

The formula is 1 oz equals roughly a dollar 40 in face value of 90% USA coins.

The War Nickel is a bad investment for its return value on silver. However, if you believe the dollar is at great risk of being devalued, and that we will someday be like Venzuala, the War Nickel is a great hedge against this threat. With this country printing large amounts of money, rampant inflation, and Saudi Arabia not renewing its 50 year petrodollar agreement with the U.S.... things seem to be going in the wrong direction. My constitutional, which includes many War Nickels, are considered a hedge not an investment. My investments is precious metals, which is the bulk of my PM holdings, is gold.

No Eagles nice fresh rounds is your best bet my opinion

War silver its all at war 400 to 1 . Silvertown gives me the illusion of Heavens on Earth

Copper has the biggest potential out of all the commodities and its cheap. Copper bullion not as liquid but is great too you can get your money out of it similar to gold bars.

So it is 20 War Nickels to make a Oz at Spot?

@bairdmacintosh7402

Ай бұрын

18 35 % war nickels and 7 40% halves make slightly over an ounce from my calculations.

@peteric100

Ай бұрын

@@bairdmacintosh7402 That is right.

@stuartmoore6310

Ай бұрын

​@@bairdmacintosh7402if it takes a $1.40 in face value to make 1 oz with 90% you're going to need a lot more than 18 nickels. Its closer to 50. I believe you're correct on 7 @ 40% 50-cent pieces to make an oz.

I do wonder. If you're planning on selling/swapping at a swap meet I'm guessing you would get melt & the other person would be OK with that. The other person might not be OK giving you more than spot for other silver.

guy I go to sells me rolls of 40% halves for 30-35 bucks. Sells them to me for what his refiner would pay him.

I have one war nickel. I'm good

I love the 72% Mexican stuff.

@konradv7

Ай бұрын

If I’m going to pay a high premium, I’d rather pay an extra 1-1 1/2 dollars for a low mintage Libertad over the ASE with often 50X the mintage.

Cool

I don't stack silver, it usually doesn't last me long before I melt it down and make jewelry.

So if you are a contrarian among contrarians buy some and just hold em

All that is JUNK for a reason, including 90%. You may know refiners to sell junk to, but does the average "stacker"? The dealer here said it himself you buy it cheap, you sell it cheap. If it ain't .999 then it ain't fine and won't be mine.

Any collectible

@SilverSeeker

Ай бұрын

That's why you collect one of each (if you like them that is), you don't "stack" them, IE, buy a bunch of them.

@lannydante9390

Ай бұрын

@@SilverSeeker I had tons of collectible coins …ms69/70 ….Disney low mintage sets …Godfather silver coin sets , the list goes on and on ….then I tried to sell and noticed the market was limited and slow trying to get my money and sometimes make a profit - so I had someone list my coins on eBay - I was clueless- I would say I got 75% of my money back when it was all said and done ….my goal was to make the process for my relatives easy as possible selling when I’m gone to lala land …so basic bullion is the ticket….by the way those collectible silver coins were awesome and beautiful…-

Isn't an ounce of silver an ounce of silver?

Soooooooo Much silver in the WORLD

There is NO REASON at all to not buy 999 or 9999 silver these days . No Reason at all . Even if they are foreign coins .

War nickels?

@peteric100

Ай бұрын

1941-1945. They will have a letter like D on the back over Monticello. I believe there were some 1941 that had no silver. They also did not have the mint mark on the back.

👍

I stack war nickels cause you never know what you'll need em for

Hello silver seeker

So you will only pay less than $4 premium for ASE. World coins at my LCS are $5. guess you are only buying rounds

I love .800 Canadian silver.

Halves at 40 % are new coins also

@stuartmoore6310

Ай бұрын

1965 through 1970 for circulation 50-cent pieces

If we know fiat currency is fake money why on Earth would you want to keep supporting governments by purchasing government silver coins. Buy Rounds.

Dealers can't get Platinum or Rhodium Coins 😂

Every Metal has it's time, now it's PLATINUM

Why anyone today would buy U.S. Silver Eagles is beyond me when you can buy a superior product in a Canadian Silver Maple Leaf with higher purity (0.9999 vs. 0.999), lower premiums, and the highest level of counterfeit security.

@UKDark_Mark

Ай бұрын

Capital Gains Tax? Not sure how it works in the USA but in the UK there is no CGT on home produced bullion but there is on anything imported.

@SilverSeeker

Ай бұрын

The IRS classifies Silver Eagles as collectibles and taxes them as such... in simplistic terms, yes, Eagles are subject to capital gains taxes.