Firearm & Gun Forum - FireArmsTalk.com > General Discussion Forums > The Club House > any hardcore silver buyers here?

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Old 06-26-2012, 12:10 AM   #11
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I have a few coins, i would like a ton more.

20120625_190152-1.jpg

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Old 06-26-2012, 12:20 AM   #12
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Nice I'd like one of those stacks in troy ounce silver coins.

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Old 06-26-2012, 12:21 AM   #13
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Quote:
Originally Posted by mountainman13
Nice I'd like one of those stacks in troy ounce silver coins.
That would be sweet :-)
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Old 06-26-2012, 12:24 AM   #14
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Yeah I was talking to a buddy of mine a few months ago and he said he was getting them for like $25 a coin. If/when I can swing it I think $200 worth would be a good start.

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Old 06-26-2012, 12:57 AM   #15
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I have been doing the bank thing for about five years now been doing ok. I got to looking into small town banks alot more here latley. I'm in indiana and have been looking at areas with omish or dunkards. The tend to have alot of old coins on hand still. I happened on a gas station were the elderly lady a couple people ahead of me got $60.00 in gas. She paid with rolls of quarters, after studying the wrappers and listening to the teller complain about all those quarters i bought the. They were 6 rolls of silver quarters in original mint wrappers. I couldn' believe my luck, once in a liftime happening. I have had alot of good offers but just cant bring myself to part with them. I was told about 5 months ago they were worth about $6.15 each, but who knows maybe more in the future.

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Old 06-26-2012, 12:59 AM   #16
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C3 posted a link with some values. They may be listed if you want to back track to it.

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Old 06-26-2012, 01:06 AM   #17
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My wife is an asst manager at one of the Murphys gas stations by where we live. Since the economy has been rough, some people will occassionally pay for gas or tobacco with silver dollars. I tell her to buy everyone that she sees.

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Old 06-26-2012, 01:08 AM   #18
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Originally Posted by c3shooter View Post
No. If you had bought 4 years ago, yes. Price has declined. While holding some silver is a good idea (I happen to like American coins) buying them and paying 30% interest is a losing deal.

You can try this for VERY little money. Visit banks and credit unions, and ask for ROLLS of half dollars. Take them home, carefully remove, keeping wrappers intact. Look thru them check for 1964 and earlier and 1970-1965.

Here is why- Prior to 1965, US dimes, quarters, halves and dollars were 90% silver- in 1965, the US pulled silver from it's coinage- EXCEPT- half dolars remained 40% silver until 1970. Those are worth $4.05 each at today's prices. No good ones? Return the orinary halves to the wrappers, cash them in at another bank.

What are US coins worth for the SILVER? http://www.coinflation.com/silver_coin_values.html

This is NOT any collector's value a coin may have.
c3, I'm going to try that tomorrow. Do many banks actually have half dollars, or is it hit and miss?
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Old 06-26-2012, 01:15 AM   #19
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Quote:
Originally Posted by texaswoodworker

c3, I'm going to try that tomorrow. Do many banks actually have half dollars, or is it hit and miss?
My ex wife works at a bank, she has told me that getting silver coins from them is VERY hit and miss. She said that the reason why is because the bank employees buy them up as soon as they get them. Larger banks may be different though
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Old 06-26-2012, 01:18 AM   #20
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i would honestly wait until after the november elections. its very very likely the bottom is going to fall out of precious metals if obama loses. less of a drop if the supreme court upholds or only partial removes obamacare.

political uncertainty is the only thing driving the price of metals atm.

i think a lot of people are going to get burned bad if obamacare is repealed and obama loses the presidency

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