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 Replies: 14 / Views: 2,228 |
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New Member
United States
0 Posts |
I am primarily a silver stacker. Initially I stacked bullion. Then I added some of the so called semi-numismatics. Lately, I have been hoarding junk silver. Although I tell myself I am into old silver coins for the silver content, I get excited every time a junk silver order arrives as I dive onto the bag or box to see what interesting coins pop out. So here I am. To learn more about numismatics. I really don't think I will ever be a collector. But I do think it will be fun to learn more about rare coins.
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Pillar of the Community
United States
940 Posts |
 I used to buy junk silver at coins shows, and I enjoyed gradually improving the overall grade of my stacks by selling the lower-grade coins five or so at a time on ebay as I bought higher-grade silver - a continuous improvement process. Silver stackers will be rewarded well if there is a breakdown in the current monetary system, but barring that, I think a significant price rise would be needed in order to turn a profit on selling the silver. Shipping costs might be prohibitive, and local dealers will always low-ball offers. For this reason, I stopped buying junk silver about 15 years ago and focused on more selective coin collecting. I'd be interested in hearing other opinions. |
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Pillar of the Community
United States
4085 Posts |
Welcome John!
I've been stacking a little silver myself lately as I am mostly satisfied* with my other collections at the moment. I've been stacking junk sliver mostly - I like having a handful of various old issues in working condition vs. what tends to go in an album. There's sometimes something I like about quantity over quality. Even my wife says "oh, I'm allowed to touch these"!
* mostly satisfied = satisfied enough that I'm not willing to lay out the cash to do meaningful upgrades in quality
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Pillar of the Community
United States
1494 Posts |
to the forum! |
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Pillar of the Community
United States
509 Posts |
to CCF it is a great place for education. |
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Pillar of the Community
 United States
5029 Posts |
to CCF |
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Valued Member
United States
343 Posts |
Welcome to the forum. I like 'junk' silver for the history. (Value too, obviously) Its cool to have stuff over 100 years old in your hands.
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Bedrock of the Community
Canada
24885 Posts |
To the Forum. |
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Moderator
United States
187672 Posts |
to the Community! |
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Pillar of the Community
 United States
900 Posts |
Quote:
Silver stackers will be rewarded well if there is a breakdown in the current monetary system, but barring that, I think a significant price rise would be needed in order to turn a profit on selling the silver. Shipping costs might be prohibitive, and local dealers will always low-ball offers. For this reason, I stopped buying junk silver about 15 years ago and focused on more selective coin collecting.
@Classic Coins You are 15 years ahead of me. I've come to realize that the higher quality coins I had 10 years ago are worth more now than they were then. The more bullion-like coins are worth less. Now its time to pare back the bulk silver and replace it with more quality coins. Its going to be quite the process. |
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Pillar of the Community
United States
900 Posts |
@Silver Solstice I'm sure there is some sort of a 12 step program that could help you  Welcome to the forum. |
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Pillar of the Community
United States
3843 Posts |
Welcome to the forum! I too enjoy junk silver.
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Pillar of the Community
United States
7185 Posts |
My favorite kind of junk silver  |
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New Member
United States
1 Posts |
Junk silver seems to be all the rage now, I've only got a few face dollars worth, can someone explain why 90% silver is so popular over 1oz generic rounds that are 99.9? I'd love to pick up some more this year!
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Valued Member
United States
287 Posts |
Welcome to CCF!!
We should get along great. ;)
I bought a bunch of "junk" 15-20 years ago. I managed to complete the Franklin and Roosevelt roll sets and came close with the Washingtons. I sold most of those when I bought a house during the housing bust of 08. I stick to stacking 999 now because I believe it will out-perform constitutional silver when the coming run up plays out. I have become a little pickier when it comes to the coins I hold so stacking and collecting have become separate endeavors for me.
Anyone can PM me to discuss silver charts, the GSR, or anything for that matter.
Edited by edthelorax
01/11/2019 9:04 pm
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Replies: 14 / Views: 2,228 |
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Posted 12/05/2018 9:42 pm
