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 Replies: 24 / Views: 3,910 |
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Pillar of the Community
United States
757 Posts |
question: how much silver do you all think is still out there? people have been getting halves for I don't know how long, so do any of you have any estimates about when this should all dry up?
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Pillar of the Community
United States
1418 Posts |
I don't think it will dry up for a very long time. Some of it is stolen collections that are cashed in, and that will never stop. Also, some people are facing very bad economic times, and just need food more than silver.
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Pillar of the Community
United States
2661 Posts |
I think it has pretty much dried up in my area. That and the competition has grown by leaps and bounds over the last year so finding halves has been very very hard for me this past year. Only five silver halves from banks and one silver dime from the wife's cash register is all the silver I have gotten this year.
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Pillar of the Community
 United States
757 Posts |
well I mean how many silver halves were ever minted? maybe a billion?
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Valued Member
United States
463 Posts |
think how much were melted too
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Pillar of the Community
United States
3592 Posts |
Over a billion halves minted from 1944 - 1964.
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Pillar of the Community
United States
564 Posts |
My silver find average is very low. I calculated my average to .0004. What I'm saying is I find 1 silver something in $250.00. I like the hunt so I keep searching. I have searched well over $600,000.00 in coins over my 6 years of searching. I agree that more are searching than ever! I think it has to do with wall street talking about silver sooo much!
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Pillar of the Community
United States
757 Posts |
yeah it's just kind of sad though bc it's fun and there won't be much of a reason to do it once it dries up.
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Pillar of the Community
United States
4333 Posts |
Uh, and why didn't they dry up back in '79-80? Do you realize the massive hoards that were pulled, cashed and melted?
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
757 Posts |
no I don't. I wasn't born then.
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Valued Member
United States
53 Posts |
I think there is still plenty in the wild....although they are a limited source, people are still pulling them.
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Pillar of the Community
United States
4333 Posts |
Back in 1979 silver prices peaked near $50 an oz. I was roll hunting then and finds became slim, like they are now. The US was also in a recession. Over time, silver coin, mostly halves, found their way back into circulation or bank vaults, due to low silver value.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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New Member
United States
38 Posts |
Some of you guys are too serious man...unless it is a major source of income for you, why not just have fun with it? I get frustrated too sometimes, but from my experience, when you have fun with the hobby of roll hunting and keep an open mind eventually something will turn up and you'll get lucky...just my Two Cents though, some may disagree. And another thing, how old are some of you guys? Just wondering. |
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Pillar of the Community
United States
564 Posts |
I'm 25. I started roll searching when I was about 10 looking for old cents. When I was in college I got into roll hunting heavy because I was to broke to buy coins. I keep searching now because I enjoy the hunt and the chance to find something awesome!
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Pillar of the Community
United States
4333 Posts |
I agree 100% jrh, btw, I'm an ancient 48 years. Been hunting off and on since I was about 12.
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
3592 Posts |
I'm with jrh too...however, I don't mind guys giving up...it leaves more for me..
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Replies: 24 / Views: 3,910 |
Posted 12/02/2010 6:22 pm
