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Is now a good tine to buy


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Old 08-03-2012, 02:25 AM   #11
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Quote:
Originally Posted by c3shooter
Dude! If I knew for certain which way something like that was moving, and when, I would not be telling you- I would be BUYING! Markets change, and none of us have a crystal ball that works worth a hoot (I blame digital TV)

3-4 years ago would have been better- but now is not an especially bad time either. Do not think of this as an investment- more like preservation. Rather than bullion, I happen to like US pre 64 coins- 90% silver, and recognized for what they are. Not extremely rare coins, just run of the mill coins. What are they worth? For the metal content, go here: http://www.coinflation.com/silver_coin_values.html

Flatware, etc if marked STERLING (not electroplate or filled) is 92.5% silver. Deduct weight of steel parts (knife blades) Remember precious metals are measured in TROY ounces. Or just weigh them in grams.

Value of silver (and gold) may go up or down. It does not go to zero. I do have small amounts of silver coinage in the safe. World turns to ca-ca, may be using for trade. World NOT turn to ca-ca, grandkids will enjoy them some day.
Stop giving out all the secrets to finding good cheap silver. Lol. I find stuff at some places no one near me looks and stock up on silver goods.
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Old 08-03-2012, 03:06 AM   #12
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For anyone looking for cheap silver, here is an easy and FREE way to do it, that does NOT involve standing in cold water in a river-

In 1965, the US pulled the 90% silver coins. HOWEVER- from 1965 to 1970, the half dollars were STILL 40% silver. At today's rate, each has $4.01 worth of silver in them- and they still circulate.

Take $100, Go to banks or credit unions, ask if they have rolls of half dollars. Take them home. Set up a table where light is good. Crack open your favorite adult beverage.

Carefully remove coins from wrapper, preserving wrapper. Go thru coins- you may get one every few rolls. If they are 1971 or later, restore them to their wrappers. Return the 1971 and later rolls to a different bank. Repeat as needed.

They ARE getting more scarce, but are out there. My big score was one entire roll of 1964 Kennedy halves. Silver value is $9.82 each.
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