Coins for silver

I wouldn't buy anything bigger than a 5 oz bar. IMO They're just too small for someone to bother tampering with, especially when you run the risk of blowing out the sides and leaving the decorative finish all barked up.

Things are only impossible until they are not.
-- Jean Luc Picard

Yeah, I don't trust the bars.

It depends on your method of payment. I live in Michigan, and following the waiting period (5 - 10 business days), they are shipped and arrive within 2-3 days. It is a fair delay, but your price is locked in. As I do not plan on selling my silver anytime soon, I do not mind it so much. I have ordered from them several times, and I have had no problem with my orders. I just placed another order yesterday.

for cleaning junk silver is if you have silver dollars that you would like to have looking smart, just because pretty silver dollars are fun to play with.

for your money from a bar but more people will recognize your silver eagle. If your intention is to sell to a dealer than recognition isn't a problem.

As for the NFL coin (not something I would normally recommend), anyone can have a silver round fabricated with an image. Happens all the time in the collectibles market.

Lastly, don't bother polishing your junk silver unless you just want pretty junk.

Don't bother to clean coins, no change to melt value. Many of us could easily tell a cleaned circulated coin and to me it makes the coin less attractive. Pay a buck more for a handful of nicer old silver dollars or half dollars. It's nice to have these clean, less circulated antiques around just to play with.

http://www.coinflation.co...

Nope.... Well you could try but it would be illegal. Someone already beat you to the idea and the government cracked down on them by making the melting of both nickels and pennies illegal.

http://money.cnn.com/2006...

Mint: Don't melt money
Government threatens prison for violators; at current prices the metal value of the coins may exceed their face values.
December 14 2006: 3:10 PM EST

NEW YORK (CNNMoney.com) -- The U.S. Mint has implemented a rule against melting down pennies and nickels which, at current metal prices, could be worth more as metal than as currency.

The Mint has received numerous questions over the past several months regarding the metal value of the coins and the legality of melting them.

"We are taking this action because the nation needs its coinage for commerce," said Director Ed Moy in a statement.

"We don't want to see our pennies and nickels melted down so a few individuals can take advantage of the American taxpayer. Replacing these coins would be an enormous cost to taxpayers."

The new regulations authorize a fine of up to $10,000, or imprisonment of up to five years, or both, against violators.

The rule also bans the exportation of the coins, beyond traveling with $5 worth and shipping up to $100 for legitimate purposes.

No, you can't do that, because the government has made it illegal to do so. At some point in the future, though, I'm sure it will be done, just as it is done today with our old 90% silver coins.

. . . but why wouldn't the scrap metalist simply buy the pennies him(or her) self?

gas is 1 thing... but food is something different.. remeber its purchasing power that counts... and yes we will hit hyperinflation.. the fed has no other choice.. its inflate or die.. all inflation created by the fed does is prolong the death of the economy.. its the only choice they have...

as for me and my home, we shall worship the LORD

Yes but you could trade a few silver dimes for some eggs or some milk from a local farmer.

I agree however that we probably won't see the times get that hard.. but just in case they do... I've got my .999 rounds as well as the smaller junk silver denominations ready to go.

Try Google. Type in your city name and then "coin shop". See what comes up. When I do that search for the Denver area I pull up 933 locations (some of which are duplicates).

It took several months but I finally found a shop that I really like. The guy behind the counter is very nice and very informative. Other shops treat you like a number on a roll counter. Try and shuffle you in and out as quick as they can and rarely offer much assistance or let you look at the pieces they have in stock. This guy will let me look and touch pretty much anything and is always willing to talk to me about silver.

If you are in Denver go to the 500 block of South Broadway. There are 3 silver shops literally side by side by side. Hit up the middle shop. I have no idea the name but it's not posted in big letters anyway. Just hit up the middle shop and you'll be fine.

On a side note... I've been collecting 'junk' silver for about 5 months now. Yesterday I finally found my first piece of 'junk silver' (a single 1951 dime) floating around in loose change. Not sure where I got it but I pulled the change out of my pockets and looked at each one and sure enough I had a silver dime.

Yeah for me! ;-)

Look up a coin shop or three in the yellow pages and go and talk to the owner. Get a gut feel for his or her integrity. You should be able to buy without your name, etc., and pay no sales tax as well. Check the spot price and the 90% silver price on the web before going in. Maybe ask other RP people for a referral to a coin shop.

Thanks that is exactly what I needed. I think having the small amounts of silver (such as 90% dimes) will come in handy.

Get a little of all of it.

You can buy 1/10oz of gold for roughly $100
$10.00 face value of junk (90%) silver is roughly $130.00
10oz bar is roughly $170.00

Get a little of everything.

Or hide it in a hole in a tree high above the ground. Always think of someone trying to locate it with a metal detector. Someplace off site might be best unless you have a large land parcel.

If the government makes it illegal to own gold and silver, couldn't they become worthless anyway? I mean, if we can't legally buy and sell them, maybe the only option will be the black market for very cheap plus the risk of getting caught.
Please tell me your opinion.

Back in the FDR regime, the people woke up one fine morning to a new decree: no one was allowed to open his safe deposit box without a federal agent present to confiscate any gold that might have been stored in it. If anything like this happens again, you will not see it coming.

Yesterday and today over on the Lew Rockwell blog they have been talking about the govt stealing the contents of people's safe deposit boxes, here and now today.

1st don't tell anyone you have it! NEVER PUT ANYTHING IN A BANK ! THOSE SAFETY DEPOSITE BOXES ARE WORTHLESS.. IF A BANKING HOLLIDAY GOES IN EFFECT, YOU WILL NOT BE ABLE TO GET TO YOUR SAFETY DEPOSITE BOX! just put the coins in a safe place in your home... if you feel like more safety is needed bury them on your property!

as for me and my home, we shall worship the LORD