In the last 20 years or so I remember a few times when there was surges of silver buying and the 90% silver was always the first to sell out. That should tell you something. I know a guy that has bought over 10,000 mercury dimes years ago for cheap....now he sells them individually for $2 for culls/slicks and $3 on up for good ones...some he has sold for $30 plus each. I think he paid like 50 cents each for them way back 20 years ago. He also sells quarters and halves. He has thousands of Walking Liberty's he got for a few bucks each...some sell for $50-$100 each. When we look back 20 years from now we will say remember when you could buy a Franklin for $10, now they are $80

@CashAndCoinsYT

7 ай бұрын

That's why I stack'em! Great points! Thanks

@lazyboylarry4345

7 ай бұрын

Good point!

@theambiguoustruth8167

7 ай бұрын

Exactly 💯

Not sure what your point is, but don’t overthink it. It’s very simple, you don’t have to buy it. I buy all I can. The more the merrier.

@CashAndCoinsYT

7 ай бұрын

The first thing I said is that I buy it. My point was there is tons of it available. Don’t get stuck paying a high premium for something that there is plenty of. I really appreciate your comment. Definitely agree the more the merrier! Wishing you the best.

@TheMostSlyFox

6 ай бұрын

The issue is dealers think that junk silver inherently has a high premium associated with it because of this supposed scarcity. Junk silver, not being point 999 pure enough itself should lend it to be As close to spot if not under.

I mainly buy Walking Liberty's, Franklins and 1964 JFK's. They will increase in value even if silver stays at $23 for the next 10 years.

@johnmorgan9731

7 ай бұрын

The Mercs too.

@keithknechg3217

6 ай бұрын

Dont forget morgans.

I agree there is no shortage of junk silver. I stack it because it's a piece of American history and I consider it semi numismatic.

@CashAndCoinsYT

7 ай бұрын

I stack them too. It’s the premiums that really bother me. And yes they are definitely a part of history. I appreciate your comment. Thanks

@dolltron6965

7 ай бұрын

Some of it, like if you buy walking dollars in XF + . coins only become numismatic when there is low mintage combined with a rare amount of XF+ coins around. I would consider a kennedy 1964 for example to be a straight bullion coin because they minted like 500 million of them, that is a higher mintage than even modern bullion issues , it might become numismatic in 1000 yrs time lol .

@CashAndCoinsYT

7 ай бұрын

Good point. Thanks

@bobsilver3983

7 ай бұрын

I bought hundreds of Franklins when silver was $15 per ounce around 7 years ago. I remember buying they for $5-$6 each. Now my Franklins are worth $10-$25 each.

@jasonhartmann3557

7 ай бұрын

@@dolltron6965 In MS, the lowley 64' Kennedy is valuable beyond its silver content.

I think the only shortage will be because people are not selling it. And like someone said, if only 5% of the population start buying silver it will be gone very quickly. Plus if silver goes to $40-50. and up per ounce how many millions will be melted, maybe I should say billions?

It's amazing how many coins the US Mint produced in all these years and how many constitutional coins are left. Thanks for sharing all these neat statistics.

@CashAndCoinsYT

7 ай бұрын

Hi Sal always appreciate your comments and support.

I get more excited buying scrap silver than i do buying gold.

Spot On, fantastic explanation of the abundance of junk Silver, there will always be plenty of Silver, the question will be, at what price, Keep Stackin bro

@CashAndCoinsYT

7 ай бұрын

Awesome question. After all it’s price that really matters. Thanks

The reason I'm staking is incase TSHTF. Sooner or later the Dollar is going to go down and there are some places already taking 90% silver as payment for some products .

@CashAndCoinsYT

7 ай бұрын

I can agree with that. Thanks

The amount of 90% that was melted in the 70s and 80s is unbelievable.

@CashAndCoinsYT

7 ай бұрын

I know and to say there’s so much still out there. Incredible. Thanks.

@jamesm1

7 ай бұрын

still only a fraction of the billions of US silver coins made between just 1900-64.

@bobsilver3983

7 ай бұрын

"The Big Silver Melt" is a great book with much info. 80-90% of silver coinage was melted down. I think Franklin halves are more rare than what people think.

@jamesm1

7 ай бұрын

like 400 million franklins were made, even 40 million still being out there is a huge amount@@bobsilver3983

@andrewkolb6309

7 ай бұрын

@@bobsilver3983 Yeah a lot of them have low mintage as well I think I am buying more of those than Kennedy's from now on!

Scrap silver is my favorite U.S and Canadian for me simply because its historical and i love history.

hahaha brilliant video. That line of coins on the moon had me laughing

@CashAndCoinsYT

7 ай бұрын

Glad you enjoyed it. Thanks!

So there are too many constitutional coins for the premiums to be this high? US was also One of the last countries to stop minting coins in silver as well.

@CashAndCoinsYT

7 ай бұрын

Hi Anna T. Good point! I do remember reading that. Knowledge is power. God Bless.

@theambiguoustruth8167

7 ай бұрын

Most constitutional silver has been melted l Over the years look it up!

Seems like over the past 15 years, the demand for constitutional has gone up and done. I stack it, but its not my first priority in stacking. Growing up in the 70s you could still find a lot of Constitutional in circulation… wish I had saved it all

@CashAndCoinsYT

7 ай бұрын

You just don't now how many have passed through my hands, oh well you live and you learn. Thanks Sarge.

Did I get it right, you think there is too much 90% silver on the market to justify high premiums? I never understood why people are paying premiums for constitutional silver at all. Here in Europe we’re buying constitutional from the 1800s in 1/2 kg or 1kg bags for spot. Have a great Sunday!

@CashAndCoinsYT

7 ай бұрын

Yes. If you remember a few years back it definitely didn’t have high premiums. It all changed just recently I believe with the silver squeeze. Thank you. And enjoy your day. I appreciate your comments.

@butts-r-flyeffect2838

7 ай бұрын

AustrianStacker, do you have to pay tax on those purchases? If so, does that push the purchase price up considerably as a de facto premium? Asking as someone that wants to pick some up on my next trip.

@AustrianStacker

7 ай бұрын

@@butts-r-flyeffect2838 20% VAT on silver in almost all EU countries.

Yeaaaah I have gone back and forth with junk silver. I like my shiny stuff to be new. I will stick with fine silver.

I don't believe there is a shortage of silver for us stackers Period. I have been on a program since 2008 and have heard the same silver scarcity propaganda then. It's Always an emergency sky is falling scenario that never comes true. I do it because our dollar is trash and losing value even compared to the Mexican Peso. We just lost 15% purchasing power in Mexico in a little over a month. I go there often, see the difference in what I can buy. So heck Yah, I'm going to keep stacking. But there will never be a shortage for us silver stackers in our lifetime. Preserve your wealth is the name of the game IMO

@CashAndCoinsYT

7 ай бұрын

Interesting perspective. Thanks! Keep on stacking.

But about 90% melted down and hoarded by every single stacker not just Benjis & Walkers, but the Mercs too. I won't stop until i have 100FV in Merc dimes. Glad the premiums came down as I was buying constitutional US silver coins instead of generic silver rounds before pausing as premiums came up then continued at back the bottom during the dips.

Love the graphics you came up with too!!! 💡

@CashAndCoinsYT

7 ай бұрын

Thank you!

Only a tiny fraction of the population stack silver.When that tiny fraction turns into a mere small fraction,silver will only be available at much higher prices,if you can find it.

Thanks brother, we need silver advocates, but we need silver advocates who are realistic. I appreciate it. I’m a small dealer, and it’s so difficult to not inflate the price especially with eBay fees and shipping. Margins are tight, I lose often because I want people to know I’m as fair as I can be, but many out there will pass their mistakes to customers. I’m a true believer, but please remember that manipulation goes both ways and sideways.

@CashAndCoinsYT

7 ай бұрын

True statements. Thanks. I appreciate your comment. Wishing you the best

Very good video and content. I hear about LCSs not having stock of 90%. No problem in my market!

@CashAndCoinsYT

7 ай бұрын

Thank you. My LCS has buckets of it.

Silver and super high premiums. Does not add up. People can buy gold with a lot less premiums. Just does not make good sense.

Good thoughts, and nice information. 👍

@CashAndCoinsYT

7 ай бұрын

Thanks!

Great video on junk/90% percent/constitutional silver! I will always stack it but not when the premiums are high. When the premiums are low, it is off to my local coin shop I go!

@CashAndCoinsYT

7 ай бұрын

Thanks!

O yes o yes brilliant 👍 top job hope the week is going well 👍 😊😊😊

My counter to this video, there will come a time when the US Mint has minted more ASE's than all pre1964 silver coins combined. I have my ASE stack but I will continue to stack Franklin halves.

Thank you c and c...

The premiums are out not hand. I would buy but not at the prices. You are correct my friend

@CashAndCoinsYT

7 ай бұрын

Thanks!

Very good interesting Cash. Ty.

@CashAndCoinsYT

7 ай бұрын

Thank you!

Constitutional silver is so prolific, I find them in coin hunts from the bank. Yesterday,I found 4 war nickels, which are 35% silver.

I want every one of those 19.2 billion coins!

@CashAndCoinsYT

7 ай бұрын

😅😂😂😂

Really cool holding a handfull of silver dimes...

@CashAndCoinsYT

7 ай бұрын

Thanks

90% US silver coins NOT ROTH IRA ELIGIBLE 🙀

For me, the difference between 90% Silver Coins, Silver Eagles, Silver Rounds, and Silver Bars is liquidity. Historically 90% Silver Coins were the most liquid or easier to buy and sell. The numismatic community is slow to accept change. 90% silver has acquired a numismatic value that it did not have in the past much like the older silver type coins. I can recall in the 1990s that Silver Eagles were treated just like Silver Rounds. I can recall the premiums for 1 oz Silver rounds being .80 cents per ounce and Silver Eagles being $1.00 per coin. In the early 2000s, I recall that Silver Eagles were being professionally graded. I can recall that Silver Rounds and Silver Bars were everywhere at large coins shows. Of course the 1 oz Silver Rounds were more liquid than the 1 oz to 10 oz Silver Bars. I have no idea how this liquidity might change in the future. For me a heavily circulated 1964 90% silver quarter would buy a gallon of gas or a chicken in 1964. The silver value of this same quarter will still buy a gallon of gas or a chicken.

I live in Switzerland. It took me over two years to get around a bit over 118 dollar face value in dimes, quarters and half dollars 90 percent silver. It's hard to find and quite expensive in my country. For example: A Kennedy 1964 half dollar is around 10 swiss francs.

@CashAndCoinsYT

7 ай бұрын

Can you order from US companies? There is a lot available here. Wishing you the best

@cardaveux

7 ай бұрын

@@CashAndCoinsYT Bascially yes but the shipping cost/border cost would be extremy expensive. I'm not a swiss coin shop dealer.

@CashAndCoinsYT

7 ай бұрын

Okay. I have been told from online friends that in the UK and Italy it is available. Not sure if that works for you. @@cardaveux

@cardaveux

7 ай бұрын

@@CashAndCoinsYT From Apmex What are the shipping costs for Switzerland? Shipping costs are $49.95 USD plus an additional $0.25 USD per ounce weight surcharge.

@cardaveux

7 ай бұрын

I forgot: If you buy silver for 300 swiss francs in the US. I pay a fixed tax for poreign parcels overseas and outside the EU (European Union) for 16 swiss francs plus 3 % worth of 300 swiss francs are total 9 swiss francs. So 16 + 9 swiss francs are 25 swiss francs plus at least 50 dollars from Apmex or so.

"JUNK SILVER" IS AN OXYMORON!! It's "Coin Silver"....always has been....always WILL BE!!

Really cool presentation! I always thought 90% was more rare. This video should help keep people from panic buying it. :-)

@CashAndCoinsYT

6 ай бұрын

I think so too! Thanks!

Mind boggling numbers out there CC. Makes sense why junk is still so cheap. Even after varouis periods of melting.

@CashAndCoinsYT

7 ай бұрын

I was actually surprised how much I found available. I really appreciate your comment. I had fun making the this video.

@bobsilver3983

7 ай бұрын

Junk silver is not cheap, it has a premium

Great video. Always been My thoughts Plenty of Constitutional Silver being Bought and $old all the time thanks for Sharing 👊🇺🇸

@CashAndCoinsYT

7 ай бұрын

Thank you! I appreciate your comment. Have a great week!

@strategicsilverstacker

7 ай бұрын

@@CashAndCoinsYT Your welcome

I like silver 90% are better for me,Got a few tubes of those silver proof state quarters. Stack it to the ceiling is what Grandpa used to say.

@CashAndCoinsYT

7 ай бұрын

90% is nice.

Premiums were really high for a couple of years until the last few months. The word was they were getting hard to get. Even professionals in the business said they couldn't get large quantities and if you see them grab them. So, what has happened in the past couple of months?

@CashAndCoinsYT

7 ай бұрын

Maybe all the people that got into silver suddenly sold it. Or they were lying about how much they had to boost premiums.

The online dealers are selling their 90% for OVER 15% Spot and I have bought $40,000 of it from my local coin dealer for only 5.5% to 5.7% over Spot. A good portion of the coins I've got are UNC or AU, too; Dimes, Quarters, Halves. I have a few hundred EF Silver Dollars I was buying several years ago for from $12 to $14 locally. I also buy 1 oz. Gold Bullion; Krugerrands and Maples.

@CashAndCoinsYT

7 ай бұрын

Nice! It is always good to get a great deal.

I loved this video, Cash and Coins. Lots of questions about this video.

@CashAndCoinsYT

7 ай бұрын

Glad you enjoyed!

Sobering video my friend- wow! As you know, I do like to stack US 90% silver for several reasons. I do believe as time goes on, less of this silver will be available and therefore become more valuable. That said, you showed that there is clearly no shortage of US Constitutional silver coinage today. Great video and information👍👍

@CashAndCoinsYT

7 ай бұрын

Thanks. I was actually surprised myself.

@theambiguoustruth8167

7 ай бұрын

Look into how much junk silver has been melted or lost! It's insane how little is actually left !

@CashAndCoinsYT

7 ай бұрын

@@theambiguoustruth8167 I’m more surprised about how much is out there.

@theambiguoustruth8167

7 ай бұрын

@@CashAndCoinsYT I think you think there is more out thier than there actually is. Most small coin shops get thier supplies from bigger distributors. They don't actually have it on hand. Everytime people panic all the silver is gone at local coin shops in less than a week. Imagine of more that 1% of the population actually bought silver. 5% would empty most shelves!

@CashAndCoinsYT

7 ай бұрын

Makes me wonder if they just say its out to boost sales and rise the premium especially after seeing all that is now avaliable. But I could be wrong. 😁@@theambiguoustruth8167

However you may look at constitutional coinage just remember it is money. The value increases though instead of devaluation. It's actually the opposite of fiat currency.

@lazyboylarry4345

7 ай бұрын

Correction, the value doesn't necessarily increase just the dollar amount due to inflation.

@CashAndCoinsYT

7 ай бұрын

Good point.

90% Silver Modern Coins - $1 Face Value Avg Circ (Dimes, Quarters or Half Dollars) Proof coins. S mint . I order a few dollars face value every so often. There are many times they lower price than pre 1965 90% silver circulated coinage. less metal loss due to wear.

@CashAndCoinsYT

Ай бұрын

Good points. Thanks

I'll buy stacking silver during a multi-year low in the RETAIL price of silver products. The rest of the time buying silver, you'll likely be underwater for a long time waiting for the SELL BACK WHOLESALE price to get back to the break even price for what you paid for it originally. Once you have or already have an adequate silver stack in place wait to buy more until the retail price of silver dips deeply.

@CashAndCoinsYT

7 ай бұрын

Good points! Thanks

@zzyzxRDFwy15

7 ай бұрын

@@CashAndCoinsYT I think the dollar cost averaging buying precious metals strategy mostly benefits the bullion deals and their shills, but to each their own.

No post-1988 milk spots on junk silver, and no blame if you dip it to make it look nice, plus the 10% copper content gives it a great musical ring. Not all dealers carry bulk 90% silver, and you do have to watch prices, but it is out there. Also, when an LCS says they can get you a large order, they usually pull it in through their own wholesale sources.

@CashAndCoinsYT

7 ай бұрын

All the dealers that I looked up. About 10 I did put the links in the description. All had bulk and single 90% silver. I’m sure there are some that don’t. But definitely easy to buy online. Apmex had the most on that day.

@theambiguoustruth8167

7 ай бұрын

Truth

I don't buy any either, but I do have some that I've collected over the years that fell into my hands as change. Well, I did buy one coin that was made into a ring for me, but that seemed different. Stack AG and AU bullion, and some are coins, but not that 90 or 70% stuff.

THANKS C&C GOOD POINTS GOOD SUNDAY VID

@CashAndCoinsYT

7 ай бұрын

Glad you enjoyed it. I appreciate it. Have a great day!

When there's a run on silver, for instance when the price went to $26 recently, the First thing to run out online and at the local coin store is what? EVERYTIME it is Junk Silver. Tons and Tons of these coins were melted down over the years. $200,000 worth at a big online dealer is really not that much. That equals approx. 1,000 rolls of quarters. Check these same resources when things get tight and the price goes up a bit. The first thing to run out again will be junk silver.

@CashAndCoinsYT

7 ай бұрын

Dealer admitted that or at least pushed that narrative. They understand the game. I’m all for making money. Just wanted to share some proof of the millions of 90% still out there. Still for sale. Still available. Wishing you the best. I appreciate your comments. Thanks

@hotheadedjoelhaha

7 ай бұрын

@@CashAndCoinsYT Enjoy your channel! 👍

There is a massive amount silver dime ,quarters and halves out there in the HANDS OF STACKERS!!. once the price sky rockets during high volitility many stackers will let loose OF SOME of thier stack ( to pay off the mortgage, or car...) . Then you will see a mountain of silver available.

@CashAndCoinsYT

7 ай бұрын

I can definitely agree with that. Thanks!

I bought a lot about 8-10 years ago. But after spot went up to 22+ I slowed down a bit. But sometimes hero bullion has a good sale on them

@CashAndCoinsYT

7 ай бұрын

I like hero bullion. I just ordered from them a few days ago. Thanks!

Is it even worth to buy junk silver if it is plentiful and many coin shops and online dealers are selling it ? Would it be worth more to buy coins that have limited mintage, coins that are mint state rather than worn out coins that have been used again and again ?

@CashAndCoinsYT

7 ай бұрын

Yes those are numismatics. Junk silver is just bullion

@dolltron6965

7 ай бұрын

The problem with numismatics is that it is very very rare that the person selling it doesn't know it's value, so if you buy low mintage XF+ and BU coins as long as they have not been cleaned (cleaned coins= numismatic death) you will pay a massive premium . If you are a young person and those things sit in a safe for 40 yrs it MIGHT be worth it since future collectors will be looking for the XF+ coins and they might be in shorter supply . TBH for numismatics i'd say buy low mintage NGC graded Morgans in MS64 and above. But don't make it a major part of savings.

@nicholasblakiston6297

7 ай бұрын

​@@CashAndCoinsYT my opinion is the best deal on silver right now is Charles III coronation brittanias (200k limited mintage) or Charles III coronation coins (150k limited mintage). Premiums are not much higher than other bullion but the limited mintage plus the crowned portrait of Charles on the coronation coins (versus uncrowned portraits on all other UK and commonwealth currency moving forward) means numismatic value has the potential of developing. I think owning some junk silver is smart so you can sell small fractional amounts in the event silver really breaks out, but agree you don't want to pay a large premium over the melt price.

I buy junk silver. But just half dollar's and quarters.

@CashAndCoinsYT

6 ай бұрын

Nice

The premiums are outrageous! $10 of 90% silver is currently selling for roughly $190. Too rich for me!

@CashAndCoinsYT

7 ай бұрын

I Have seen some outragous prices. I do see some deals too from time to time. Wishing you the Best.

@mfb3042

7 ай бұрын

That's down from around $230-$240 on the average earlier this year.

@trailerparkcryptoking5213

7 ай бұрын

Isn’t $1.35 FV an ounce?

@user-kx6mc2um5i

6 ай бұрын

​@@trailerparkcryptoking5213$1.40

Only Walking Liberty halves and Mercury dimes in F/XF only for my 90% stack. Have some Benji’s but I find them ugly comparatively and would move in a heartbeat.

@CashAndCoinsYT

7 ай бұрын

Wow. I like the dimes. That sounds like a nice stack

I love my junk silver! 🔥🦈🌊

@CashAndCoinsYT

7 ай бұрын

I think we all do. 😃😉. Happy thanksgiving day

@SilverOceans

7 ай бұрын

@@CashAndCoinsYT Happy Thanksgiving! 🔥🦈🌊

I dont really think there is as much of it out there as people are saying. But its ok I will buy it up cheaply while everyone is thinking there is a surplus of it. *shrugs* It was recently hard to get ahold of and that blip was not even fueled by a real crisis. No one has seen anything yet.

@CashAndCoinsYT

7 ай бұрын

Interesting perspective. Thanks. Enjoy your day.

Too bad we went away from real money to Fiat currency 😢

@CashAndCoinsYT

7 ай бұрын

Good thing we know to keep real money on hand. Keep on stacking!

Its a fractional dated coin i see the value not sure if its antimicrobial but still will be good to have

@CashAndCoinsYT

7 ай бұрын

I believe they are worth bullion prices, just not the high premiums. Thank you for commenting. Have a great week!

Junk silver is not and should not be called or considered bullion. Being silver it is a commodity, therefore the premium. The only non-pure commodity that is considered bullion is gold.

@CashAndCoinsYT

7 ай бұрын

Interesting. Thanks

I wonder if any coins were melted down to refine to .999 pure.....

@CashAndCoinsYT

7 ай бұрын

I’m sure there were.

I would have checked the tons produced and used . See What’s left and produced a year . Check the new demand needed in-tons for new manufacturing purposes. If a shortage then silver is under priced or overpriced. I believe the Federal Reserve will step in a takeover the spot prices on gold and silver . They did the same during the depression.

@CashAndCoinsYT

7 ай бұрын

Interesting perspective. Thanks

I won't buy constitutional silver from a dealer, I get mine from pocket change! I got a 61 and 63 dimes about a week ago! Much cheaper this way 😊

@CashAndCoinsYT

7 ай бұрын

Definitely

@gsquare6382

7 ай бұрын

And how often does that happen?

@rickyagnew

7 ай бұрын

@@gsquare6382 In my opinion, how often doesn't matter. I have 6 silver quarter's, 5 wartime nickels, 3 mercury dimes and 5 silver dimes. I started watching for them a little over a year ago! I also have a buddy who is going to sell me about 50 different coins cheap! So it happens enough, and it's free profits! You won't get a complaint from me!

@user-kx6mc2um5i

6 ай бұрын

Going at that rate you might get a whole roll of dimes in 20 years.

Certain junk silver can be worth money certain coins like a Kennedy 1964 Half dollar for instance accented hair? The Accented Hair variety displays extra hair, right above Kennedy's ear, as opposed to a regular coin which will have less hair above the ear. The Accented Hair variety will also be missing most of the lower left serif on the letter, I, of the word, LIBERTY. Jacqueline Kennedy the wife of John F.

@CashAndCoinsYT

7 ай бұрын

If it’s worth more than junk silver that’s awesome. I’m taking strictly junk silver. No numismatic value at all. For me those are then collectable items, numismatics. I really appreciate your comment. Thank you.

So does this mean there is just too much silver in general? How much fiat is there?

@CashAndCoinsYT

7 ай бұрын

I don’t think too much silver as it is used for industrial purposes, jewelry, medical purposes and technology. I do think junk silver shouldn’t be so expensive. That’s all I’m saying.

@bobsilver3983

7 ай бұрын

There is 3 billion ounces of silver above ground at any given time. There is 8 billion people on earth. If everyone on earth wanted some silver, each person would only be able to have one third of an ounce.

@thousandaireradio3199

7 ай бұрын

@@CashAndCoinsYT I didn’t realize junk silver was expensive right now. I haven’t bought any in a while.

Well I just bought 5 pounds worth 90% silver!!

How come it runs out when prices go up?

@CashAndCoinsYT

7 ай бұрын

I’m just show what is available. I don’t know what the dealers do. But it’s available now. 😃

Need a bigger safe !!

Space is water.

@CashAndCoinsYT

7 ай бұрын

🧐🤔

I remember 20-25 years ago the coins shops refusing to buy 90% silver because they said it cost too much to refine it down to pure silver. That is why I pretty much only buy .9999 pure silver bullion with the exception of a 1 roll of 90% silver Washington quarters in BU white condition and 1 roll of 90% silver Peace Dollars in BU white condition, and 1 mixed roll of Mexican and Canadian Dollars in BU white condition.

@CashAndCoinsYT

7 ай бұрын

They refused! Incredible how times change. Thanks! I appreciate your comment.

I think war nickels are slept on

@CashAndCoinsYT

7 ай бұрын

They aren’t for everyone. I like them.

I started buying silver in 2019 and every ounce of that siver has lost considerable value over the past 5 years.

@CashAndCoinsYT

7 ай бұрын

Hopefully things get better. Only time will tell. Take care

How tall a dime is irrevilent

when you say that you "aren't talking about numismatists," yes you are. That 19B figure was ALL silver coins minted from 1793 on (your comment). Almost 100% of "junk silver" is From 1916-1964. Sure there are some Barbers mixed in there, but 1916-1964 is the vast majority of "junk silver"... Not to mention, atleast 1/4 of 99% silver coins were melted down in the 60-70s

@CashAndCoinsYT

6 ай бұрын

Good points but I have slick old coins pre 1916 from the junk bin at my lcs. No numismatic value. I did mention the loss of coins through many different ways. I hope that helps. Just look at online dealers and you can see the sheer volume that’s available. Wishing you all the best! I really appreciate your input. Have a great day! Happy holidays!

Junk silver is constitutional silver it is not bullion

@CashAndCoinsYT

7 ай бұрын

I can see that. It’s called many things. 90% , junk, constitutional and some even call it bullion. I do feel real bullion is 99.9% Silver though. Thanks.

19.2 billion dimes would equal to about 1.38 billion ounces of silver. or 1.38 million 1000 ounce bars or approx 155729 cubic feet...i think😁

@CashAndCoinsYT

7 ай бұрын

Hmmmm sounds interesting!

If it's cheap enough so thay you can smelt it at a profit, go ahead.

Try to find bulk platinum 😂

@CashAndCoinsYT

7 ай бұрын

True!!!

A LOT OF CONSTITUTIONAL SILVER WAS MELTED

@CashAndCoinsYT

7 ай бұрын

I’ve seen estimates of about 40%. And growing yet at a smaller rate because of hoarding and more people understanding it’s value

It sounds like a lot of 90% silver but your forgetting how much of it has been melted down so those numbers are not accurate

@CashAndCoinsYT

7 ай бұрын

I’m not sure if I understand? I said that dealers are selling the ones not melted down or destroyed or in a landfill? The millions that are left are being sold in bulk. Sorry for the confusion. I appreciate your comment.

Another way to look at it, If all 19 billion coins were dimes, that would still only be 48 coins for every person in the USA, so if every American wanted just one $5 roll of 90% dines, there wouldn’t be enough.

@CashAndCoinsYT

7 ай бұрын

Yeah. But 48 is close enough. 😅

@ulexite-tv

7 ай бұрын

New stimulus plan: send every U.S. citizen a $5.00 roll of silver dimes.

@cphipps1969

7 ай бұрын

@@CashAndCoinsYT but that’s only 48 if none of them were ever lost or melted.

@CashAndCoinsYT

7 ай бұрын

@@cphipps1969I get your point. Thanks.

@blackpearl9504

7 ай бұрын

I'm wondering about the elephant in the room Where on earth is anyone selling junk silver all the way back from 1792??? People got junk silver THAT far back?? Perhaps I'm wrong...?? 99% percent of all the silver I see is from the early 1900s to 64. Where is all this 1700-to 1800s silver you can buy and hoard??

19 Billion is not that big a number. To put it in perspective our national debt is 33,738 Billion.

@Mike-up6go

7 ай бұрын

No, the national debt is over 33 trillion. not billion. Astronomical difference

@CashAndCoinsYT

7 ай бұрын

It’s more than any American will ever see in their lifetime. It’s all about perspective. Wishing you the best. Appreciate your comment. Thank you.

@user-zg7kp8dv6m

7 ай бұрын

33,738 Billion is 33.738 Trillion.@@Mike-up6go

@user-zg7kp8dv6m

Ай бұрын

@@Mike-up6go 33,738 Billion is the same thing as 33.738 Trillion.

Is it better to get junk silver in your pocket chamge, from bank rolls, if you have to buy these huge monstrous bags and pay thousands of dollars?

@CashAndCoinsYT

7 ай бұрын

Those are hard to come by.

@bobsilver3983

7 ай бұрын

You can't find them in change anymore...if you do its pretty lucky. I found a silver dime around 10 years ago, thats it

I buy

@CashAndCoinsYT

7 ай бұрын

Me too

It tells me you have serious back pain in your future. 😂❤🐣

Don't be fooled.There is nowhere near what he is saying.Much has been melted.Also,demand for silver is the equivalent to billions of coins every year.Billions of coins sounds like a lot of silver,but the there are over 8 billion people,only 2 coins per person,if none were melted.

I respectfully disagree with much of your position on junk silver. first of all, they're not making any more. 2nd, from the 1970s through the 1990s, billions and billions and billions of junk silver was melted. Most all Coin shops and precious metal retailers (having no real use for Junk silver at the time) would send all their constitutional silver to be melted. There were huge warehouses filled with 55 gallon barrels, that were filled with constitutional silver to be melted. 3rd, a significant amount of junk silver was lost or turned into jewelry or buried and forgotten. About 10 years ago I was paying about 11-13 times face value for junk silver. 10 years later the price is doubled+. Supply and demand dictate price. 100 price increase over 10 years suggests the junk silver Supply is not what it used to be. Whether there's a lot of junk silver out there or not, a junk silver dime is twice as valuable as it was 10 years ago.

@CashAndCoinsYT

7 ай бұрын

I’m was showing how much is available at online dealers. Black Friday had many sales on junk silver. That’s all I basically said. Sorry if you misunderstood me. Wishing you the best!

Questions for you, Cash and Coins. Why is junk silver so expensive, if there are billions of junk silver coins out there ? You would think the price of junk silver would be much less than it is given that over a billion coins were made. I know they are not producing them any more but that's not entirely true. They are making junk silver as part of proof silver sets.

@CashAndCoinsYT

7 ай бұрын

Proof doesn’t equal junk. Those are numismatics

Stacking on steroids....past the moon .funny stuff.

@CashAndCoinsYT

6 ай бұрын

Thanks. I try. 😅

Billions of these coins have been melted, the real national debt no one knows but the admitted debt is 34 trillion dollars. 34 trillion seconds is over a million years ago. The older silver coins were never minted in such huge numbers. If you had a choice to choose a silver dime or a dollar you would be a fool not to choose the dime. It has been 60 plus years since these coins were minted no one knows how many are left. If you believe market forces the high price represents their rarity. I think you are under estimating their true value, there are billions of people if we stopped making people how many people would be have in 60 plus years. How many of this junk silver coins are now in Silver Eagle, Rounds, solar cells or electric circuits. I contend that the small amount left is just slowly circulating around as their value goes up and up. These same bags of 1000 face are resold when spot silver increases or the holder dies and family members cash out.

@CashAndCoinsYT

6 ай бұрын

I was simply mentioning how many millions are actually available right now. I stated that they were melted and destroyed. But just go to APMEX I hope that helps. Wishing you all the best.

silver viper?

@CashAndCoinsYT

7 ай бұрын

?

Are people getting suckered into buying lots of junk silver by online dealers and the US mint ? Why are people just letting online dealers, local coin shops and the US mint fleece them by paying thousands of dollars for junk silver thats plentiful? Is Yankee Stacking just wasting his time stacking junk silver when its readily available ?

@CashAndCoinsYT

7 ай бұрын

People are free to buy what they want. I buy junk silver. It’s bullion. I just don’t believe it should have high premiums. That’s it. Thank you for your comments

@bobsilver3983

7 ай бұрын

I buy 90% halves consistently...most of mine have doubled and tripled in value. Stacking Silver is better than buying Hot Wheels like millions of guys do.

Why would you reference some stupid building in China? Why not, for example, the Freedom Tower in NY?

@CashAndCoinsYT

7 ай бұрын

Actually it’s what AI used as a reference point. No harm meant. Wishing you the best.

@michaelp772

7 ай бұрын

@CashAndCoinsYT Lol! No worries! I guess we know who funds AI! Take care, yourself and keep stacking!

@bobsilver3983

7 ай бұрын

Freedom Tower is NWO

You failed to account for all the junk sold to refiners to be melted down, not to mention lost coins, stackers, casual collectors, and stabbed coins.

@zzyzxRDFwy15

7 ай бұрын

Cut the mintage number in half and there still is plenty.

@CashAndCoinsYT

7 ай бұрын

I did mention that it’s lost, damaged and so forth. 😃. I did mention the collectors too. Wishing you the best. Thanks for commenting

@bobsilver3983

7 ай бұрын

80-90% of silver was melted down in the late 60's...then in 1979 and 1980 according to the book "The Big Silver Melt"@@zzyzxRDFwy15

Very stupid research. To estimate the possible amount of 90% available you should start with 1916. All coins minted prior to 1916 have numismatic value and won't be sold as junk silver unless they extremely worn or damaged. 90 % is usually the least expensive way to purchase silver.

@CashAndCoinsYT

7 ай бұрын

😂😂😂. I appreciate your thoughts. Nonetheless they are sold as junk silver. Worn or not. I appreciate your input. Take care

Never got into junk silver.if someone asked $27 from me for 4 quarters I would look at him crazy.

@CashAndCoinsYT

7 ай бұрын

😅

@bobsilver3983

7 ай бұрын

I pay $20 for 4 quarters, bought 128 of them last week.

🤪

@CashAndCoinsYT

7 ай бұрын

😅