| Author |
Replies: 24 / Views: 6,264 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
2637 Posts |
Quote: a question I've had on my mind lately is what combination(s) of old silver coins will approximate a troy ounce of silver? IIRC, two halves, a quarter and a dime.
|
|
Pillar of the Community
 United States
589 Posts |
@ buffalow, I just received in the mail my first 90% silver ebay auction win for 1 troy ounce. I received 1 half, 1 quarter and 5 dimes. I read somewhere on the net that basically for 1oz troy 90% silver you get a face value of $1.25. This depends of course on silver's trading price right now.
|
|
Pillar of the Community
United States
2637 Posts |
Two halves are .7234 ASW according to Yeoman's RedBook. The reciprocal of .7234 is 1.38. Thus $1.38 would equal a troy ounce of silver. NB there is more silver in a silver dollar than in a dollar's worth of subsidiary coins.
|
|
Valued Member
United States
105 Posts |
Thank you for your helpful assistance.
Edited by Buffalow 09/30/2014 07:19 am
|
|
Valued Member
United States
90 Posts |
Why would the price of silver matter. Wouldn't a troy oz of 90% silver coins always be the same. About $1.40 any mixture of 90% silver?
Also with silver at 17.50 right now what would be a good price to buy $1 face value of 90% silver coins. Thanks for the help.
|
|
Pillar of the Community
United States
1234 Posts |
Edited by ASLAN TVorlon 10/13/2014 11:58 pm
|
|
Valued Member
United States
214 Posts |
I mean these people must be thinking, "  Hmmm... silver is low, so I'll buy it for 1.5 times what its worth to save money." 
|
|
Valued Member
United States
90 Posts |
How does everyone store their 90% silver coins? Should I bother putting them in a 2x2?
|
|
Pillar of the Community
United States
1234 Posts |
Quote: How does everyone store their 90% silver coins? I think that might need a new thread.. I use 2x2's and air-tites.
|
|
Valued Member
United States
309 Posts |
|
|
Pillar of the Community
United States
4692 Posts |
A plastic sandwich baggy works fine. They are only worth silver value.
|
|
Valued Member
United States
300 Posts |
Hey, I luv the war nickels--but as with 40 percent Kennedys, refiners ain't fans. Not that I would ever want to SELL any, just saying. Like the War Nickels with full steps. especially--they stand out better in the war ones compared to the regulars. By the way, for anyone who like shiny silver at a relatively fair price close to bullion, Provident offers CAN dimes from the 60's by the roll for a nice price. The coins look like proofs compared to uncirculated US coins. They offer 25 and 50 cents rolls too from time to time. http://www.providentmetals.com/5-fa...r-dimes.html
|
|
Pillar of the Community
 United States
589 Posts |
@ant024, It depends if the 90% silver coins are junk silver or a numismatic 90% silver coin. The junk silver 90% coins I would use a plastic tube to store them in and use airtites or 2x2's if the 90% silver coin has numismatic value. Hope this helps.
|
|
Pillar of the Community
United States
1795 Posts |
90% of my junk silver I got at face value from banks in the 80's and 90's. A few years ago I bought junk silver a dollar or so over melt for the amount plus postage. But I soon stopped that cause it wasn't that reasonable especially when the price of silver kept dropping and not moving up.
|
|
Valued Member
United States
90 Posts |
Is 13.5x face a good price to be buying 90% coins right now?
|
|
Page 2 of 2
|
Replies: 24 / Views: 6,264 |
Page 2 of 2
|