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Best Place To Buy Bullion These Days?

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Valued Member
United States
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 Posted 04/25/2025  02:48 am  Show Profile   Bookmark this reply Add Silverskunk to your friends list Get a Link to this Reply

Quote:
Why are you comparing BU prices to average circulated prices.

Monument Metals sells both BU rolls and average circulated rolls. As I write this, their price for a BU roll of Washington quarters is $312.60 and their price for an average circulated roll is $253.90 (with silver listed at $33.58 per ozt on their website).

There's no guarantee that an average circulated roll will actually weigh out at the industry standard of .715 ozt per $1 face so some folks prefer to get the BU roll to ensure they're getting full silver value. It's up to them to decide if the BU premium is worth it.


Pre-64 quarters are going to be 90% .715 oz silver no matter how shiny they are. BU ? Circulated ? What difference does it make ?

Asking for a friend.
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jbuck's Avatar
United States
162741 Posts
 Posted 04/25/2025  09:50 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Pre-64 quarters are going to be 90% .715 oz silver no matter how shiny they are. BU ? Circulated ? What difference does it make ?
Worn coins will have less silver, because it has, well, worn away! The more wear, the less silver.

The greater the quantify of coins, like rolls, the more the difference will accumulate even if modestly circulated, hence the different sales prices in the example quoted.
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BadDog's Avatar
United States
1333 Posts
 Posted 04/25/2025  11:44 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

Quote:
Pre-64 quarters are going to be 90% .715 oz silver no matter how shiny they are. BU ? Circulated ? What difference does it make ?


The difference is a $1 FV of Pre-65 BU quarters will contain .72336 ozt of silver and a $1 FV of average circulated Pre-65 is sold by most bullion dealers as containing .715 ozt of silver.

The thing is, the .715 ozt per $1 FV is just a standard pricing technique. Few, if any dealers, actually weigh the coins to see what the actual silver weight (ASW) is. Even if they do weigh the coins part of that weight is dirt and grime, unless they've been cleaned first, which is rarely, if ever, done.

So, like I said, some people want BU rolls to ensure they're getting full silver value even though the actual difference is likely to be very small. Plus, if they have the time and patience, they have the potential of selling the individual coins with a collector's premium if they're so inclined. There is no collector's premium for "junk" silver, hence the name.

Valued Member
United States
264 Posts
 Posted 05/12/2025  02:51 am  Show Profile   Bookmark this reply Add Silverskunk to your friends list Get a Link to this Reply

Quote:
Thanks for the tip on Monument Metals. After I placed my first order I got a welcome offer for a 5oz starter pack at spot.


I love starter packs and the "deals" sections of bullion dealers.
Valued Member
United States
264 Posts
 Posted 05/13/2025  08:46 am  Show Profile   Bookmark this reply Add Silverskunk to your friends list Get a Link to this Reply
Hero's has 4 Washington 90% quarters for $23.94 so figure 10 , which I usually buy, your at $239.40. Spot is at $235.32 with free shipping. $6 bucks profit I'll happily give them most of all they get it here so quickly. With silver inching towards $33 oz again maybe I'll pop for another pile of junk quarters.

They have half dollars at the same oz price as well.
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