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Replies: 17 / Views: 4,167 |
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New Member
United States
9 Posts |
I was wondering is it wrong or a waste of my fiat money that I try to mostly stack 35% War Nickels along with 40% Kennedy halves because I am on a budget and they are the cheapest? because I know they can still be exchanged for paper money along with more .999 purchases?
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Bedrock of the Community
Australia
21788 Posts |
Collect better examples of War Nickels in their own right, quite apart from silver stacking. War Nickels fantastic looking coins in MS+ condition with good luster. As such, I think the color makes them look better than the standard CuNi alloy in equivalent condition. Silver rounds and ASE's carry a bigger premium than bar silver does. Junk silver coin also an option, because small amounts can be obtained for a small outlay of fiat money. For silver stacking to work really well, it should be accumulated over decades, not months.
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Pillar of the Community
United States
4333 Posts |
Personally, even though I have small amounts, I avoid them because they're dirty in silver content.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Moderator
 United States
56855 Posts |
 to CCF. Quote: I am on a budget and they are the cheapest Some silver is better than no silver  I would save up and buy bullion silver like the ASE amd Canadas' maple leaf. John1 
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Bedrock of the Community
United States
94367 Posts |
 to the CCF!
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Pillar of the Community
Canada
5253 Posts |
Personally, I don't care so much for the low-grade silver. I am not sure why being on a budget should matter as to the type of coin you get. If you are paying bullion prices, you get the same amount of silver but more bulk.
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Pillar of the Community
United States
6130 Posts |
In terms of dollars per ounce, you will often get a little more silver for your buck with War Nickels than with silver dimes. That is because if they are (gasp!) melted, it takes more work to get the silver out of the copper and manganese. I stack them when I find them in change or bank rolls (up to about a roll's worth) but if you are looking for liquidity if silver hits $25 again and you want to sell, either .900 junk silver or .999 rounds will get you closer to actual spot on the resale.
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Pillar of the Community
United States
7631 Posts |
If you can buy them cheap enough then nothing wrong with stacking them.
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Rest in Peace
United States
18456 Posts |
Quote: If you can buy them cheap enough then nothing wrong with stacking them. Have to agree , but only if you get them on the cheap end . 
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Valued Member
Canada
153 Posts |
It is worth considering purchasing pure (99%+) rather than circulation coinage. In many states and Canada bullion is exempt from sales tax.
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New Member
 United States
9 Posts |
I do diversify with .999 but switch it up now and then in case I have to sell the ''junk silver'' would go first I treat the junk silver like regular ''change'' but what has been on my mind lately due to everything going on economically is there a possibility junk silver would be used as currency once again? or there is not enough silver to go around and the people would not be able to ''figure it out'' ?
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Pillar of the Community
United States
4333 Posts |
They'll never figure it out.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
United States
3343 Posts |
Whenever I have ebay bucks I'll spend them on pieces of sterling flatware which are priced close to bullion. I avoid hollow pieces and knives with non-sterling blades. In theory sterling is 92.5% silver, and certainly much higher content than War Nickels and post 1964 Kennedy halves. ebay does not allow you to spend the bucks on coins, so it's a way to buy silver outside their rules.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
2023 Posts |
Quote: eBay does not allow you to spend the bucks on coins, so it's a way to buy silver outside their rules. They certainly do. You just can't earn them on bullion.
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Pillar of the Community
United States
3343 Posts |
I've tried to spend bucks on coins and have been turned down. Same with gift cards.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
United States
424 Posts |
I've used bucks on coins but they won't accept my gift card that I got a year and a half ago ago for coins, so I use it to buy supplies.
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Replies: 17 / Views: 4,167 |