Junk?

[KevjustKev]

Is junk really junk? After all it's silver at the end of the day. Or is buying this stuff more of a thing in the US? Got this lot, over all, for under spot. Worth it in the long run?

 

[ilovesilverireallydo]

44 minutes ago, tallthinkev said:

Is junk really junk? After all it's silver at the end of the day. Or is buying this stuff more of a thing in the US? Got this lot, over all, for under spot. Worth it in the long run?

 

To start with -- that Rocking Horse Crown is worth £12-15 

I can see a couple of Uncirculated Half crowns - again worth twice spot value. 

I wouldnt call it junk - I used to stack this stuff in the Kilos. You dont want it - send it my way

[KevjustKev]

20 minutes ago, ilovesilverireallydo said:

To start with -- that Rocking Horse Crown is worth £12-15 

I can see a couple of Uncirculated Half crowns - again worth twice spot value. 

I wouldnt call it junk - I used to stack this stuff in the Kilos. You dont want it - send it my way

I'm sure we can work something out

[Peacemaker]

I try to stay away from the lower purity of silver coins, thats when I consider it actual junk, 80% and onwards for me

[blindguy]

Here in the U.S. not all junk silver is the same. I can buy from some places Mercury dimes and Walking liberty half dollars      as junk silver but a lot of people will pay a small premium for them. I bought some painted American Eagles at melt from a dealer and they sell at a premium on ebay.  Last week I bought a group of 1982 George Washington Commemorative half dollars, these are 90% silver and I bought them at $6.10 each, below.  A few months back we bought a lot of junk silver dimes for $1.10 each. In the group was 50 Barber dimes, a friend listed them on facebook and they sold the next day for $1.60 each. So the point is not all junk is created equal!!!  Jim

[RacerCool]

I look for rolls of 90% silver coins at or near spot, and that's the base and bulk of my stack. Occasionally I'll spend a little more on a roll of BU dimes.

So no, this stuff is treasure to me, not junk.

[MetalMandible]

On 02/10/2019 at 05:26, tallthinkev said:

Is junk really junk? After all it's silver at the end of the day. Or is buying this stuff more of a thing in the US? Got this lot, over all, for under spot. Worth it in the long run?

 

I think you made this thread already knowing the answer to your question 😉

[KevjustKev]

1 minute ago, MetalMandible said:

I think you made this thread already knowing the answer to your question 😉

Kind of but not really too sure 

[Tickety]

I have a bit of a liking for this too, if you look about you can get it for below spot.

[swanky]

On 02/10/2019 at 11:26, tallthinkev said:

Got this lot, over all, for under spot.

Did you get these coins in a single order? If so, where? I hunt on ebay but have never seen so many half crowns in a single offering.

[KevjustKev]

2 hours ago, swanky said:

Did you get these coins in a single order? If so, where? I hunt on ebay but have never seen so many half crowns in a single offering.

Some from my only local shop, others from ebay, over the last few months

[Duane]

Swanky,there's 90 pre 1947 half crowns for sale in one lot on ebay.

[watchesandwhisky]

On 02/10/2019 at 11:26, tallthinkev said:

Is junk really junk? After all it's silver at the end of the day. Or is buying this stuff more of a thing in the US? Got this lot, over all, for under spot. Worth it in the long run?

 

yeah its mostly just junk - but IMO a very viable way of stacking silver - but only worth buying under spot because you will also need to sell it under spot to shift it. 

It is worth noting that this stuff is now faked - something to be aware of. 

 

[musketsmoke]

if any of you lot want to be rid of some of the hoard you have please let me know

thank you