Don't Understand Why People Stack Non 999 Silver

I also recommend people to stack silver rounds from Sunshine Mint, which now has anti-counterfeit seal on the reverse.

Nice security feature, and same low premiums as other private mint.

Sunshine Mint is the silver blank supplier for U.S. mint; material quality must be identical to ASE.

Silver coins are easily recognized and that is a good reason for stacking them. In bad times they can be easily converted to currency (for PM values not just face) and are in smaller amounts than an ounce. Also, if times ever come to that having the 10% or more other metal makes the silver stronger thus less wearing than .999. Some people still search coin rolls for silver as well, thus getting silver for face value of the coins.

I know that I'm definitely not an expert on probably anything here, but here are the reasons I personally like "junk silver".

-Unlikely to be counterfeited. If the silver rounds are gotten from a trustworthy source, that's fine. But if I buy silver on the street or a "stranger" I can be almost confident that any 90% silver coins are genuine while the 6 generic 1oz silver rounds that I bought from a cards and coins shop I honestly have no idea if they are genuine or fake. (And now I fear they may be the latter)

-History. I can get old coins for almost their melt value. I can be a coin collector AND a silver "investor"/ stacker at the same time, two for one.

-They're coins. I would like to think of myself as a amateur coin collector. So I like to collect coins. They also have any benefits that come with coins, like rare dates, errors, different dates or mint marks to look through/for and finding better quality ones.


So to bullet point my personal reasons:
-Unlikely to be counterfeited
-Historical AND silver
-They're coins


Just to note, though, that I don't dislike silver rounds or bars, In fact I just got 10 ASE a few days ago.
I just personally like 90% coins a little more. I also find if fun to look through my junk silver to see what I can find (like older or higher quality).

@BP, That's what I recommended too; sunshine rounds with mintmark si.

However, people still believe 90% silver is harder to fake ... go figure. I guess we really need to have some members who worked at mint facility to share some thoughts on counterfeit difficulties.

There isn't an easy way to test silver now; however, since silver price is so low; it is pretty hard to purchase a fake from most dealers. If Silver becomes highly sought, the most recognized form might be the first victim of counterfeiters. It is just a risk/reward consideration. That's why there are many fake numis on ebay, too.

So for now, I don't see any edge on 90% silver, at all. Other than the "history" hype or numis value sales pitch.

You still fail to see what 90% has to offer? Wow. We have explained it already.

I don't know if I can post a youtube link, but this is why I think junk silver will be more or less useless in the even of the dollar collapse. most people don't understand pm values

http://www.youtube.com/watch?v=FSqA1dRgfbA

I agree