Buying Junk Silver....what do y'all think?

[txsteele]

I'm considering buying coins that are more valuable for their silver content than the for the coin itself.

I've never done it before but with the price of silver, I'm thinking of jumping in.

What do y'all think???? And where is a good place to buy it???

[LeanMachine]

Why would people sell it at coin value rather than weight?

[jkf123]

It certainly couldn't hurt. I'm assuming you are talking about pre-64 American dimes, quarters & halves. Worst case if silver tanks you still have the face value. Wish I could say the same for the paper Federal Reserve Note.
Depending on how much you want to invest there are many reputable dealers around the country. Shoot me a PM if you want a few dealers.

[txsteele]

It certainly couldn't hurt. I'm assuming you are talking about pre-64 American dimes, quarters & halves. Worst case if silver tanks is you still have the face value. Wish I could say the same for the paper Federal Reserve Note.
Depending on how much you want to invest there are many reputable dealers around the country. Shoot me a PM if you want a few dealers.

Yes

[bdog14]

you can find on CL below spot price...just meet in public and carry a gun

[Coon]

I personally believe you can't go wrong buying precious metals, as long as you don't overpay by a lot. If the zombies attack and currency is no good, silver and gold might be a life saver and even if you overpaid, you'd be better off than the guy who didn't buy any because it was too high. All this is dependent on what you can afford. If you believe that this type of scenario is possible, survival should be your first priority. On the other hand, if you just want to be ready for an economical collapse, buy low and sell high. Here again, if you have silver or gold and all I have is worthless currency, the fact that you overpaid and I didn't won't help me much.
Dave

[Snakelover]

I have no idea. In the name of "diversification," I bought what for me was a considerable amount of gold coins when gold was about $300 an ounce. Liberty and Indian Heads, St. Gaudens... that kind of stuff. I guess they're worth a bunch more now, but what to do? Sell, hold, buy more? Beats me, so I'm just sitting on what I have. My dang crystal ball never works. I guess I can feel "smart" to have bought them, but if I just sit on them and gold goes right back to what it was before, then how smart was I really? I think the saying, "It's better to be lucky than smart" applies here.

[asttbe]

I have no idea. In the name of "diversification," I bought what for me was a considerable amount of gold coins when gold was about $300 an ounce. Liberty and Indian Heads, St. Gaudens... that kind of stuff. I guess they're worth a bunch more now, but what to do? Sell, hold, buy more? Beats me, so I'm just sitting on what I have. My dang crystal ball never works. I guess I can feel "smart" to have bought them, but if I just sit on them and gold goes right back to what it was before, then how smart was I really? I think the saying, "It's better to be lucky than smart" applies here.

Depends on whether you think 400% gain is enough

[cosmiccowboy]

A better investment for an "apocalypse" scenario would probably be ammo. It would be a priceless commodity and you would be able to barter with it too.

[Japeatr]

and women...barter with women!

[cwbow]

I think the going rate is Dimes $2.15
Quarters $5.38
halfs $10.75
Morgans $24.34