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Thread: what do you think of junk silver?

  1. #1

    Default what do you think of junk silver?

    I'm going on my own "silver standard" as a hedge against inflation (and because I consider it real money). Junk silver is the most affordable way for me to do it right now. Would you suggest this as a good route or perhaps some other sort of silver? (I'm sticking with silver because gold is too pricey for us poor folk. It's the poor man's gold, ya know )
    Quote Originally Posted by Ron Paul
    The government is incapable of doing what it's supposed to do. A job like the provision of security is something best left to private institutions.
    My music/art page is here"government is the enemy of liberty"-RP
    That which doesn't kill me has made a grave tactical error
    Quote Originally Posted by Anti Federalist View Post
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    Quote Originally Posted by danke View Post
    I carry my man purse for fashion, not function.



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  3. #2

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    Junk silver is easily recognizable, easy to weight proof, and hard to counterfeit. I like it better than any other form. IMO, of course.
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  4. #3

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    I've always been weary of it because it seems like the coins are worn down from years of circulation. I'd rather pay slightly more for uncirculated bullion.

  5. #4

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    It is very smart because in the event of a currency collapse going to market with Kruggerands will get you followed home.

  6. #5

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    Buy as much as you can on dips when prices go down.
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  7. #6

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    very good move, HB! very, very good move!
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    Quote Originally Posted by HOLLYWOOD View Post
    If anything, this situation has proved the government is nothing but a dictatorship backed by deadly force... no different than the dictatorships in the banana republics, just more polished and cleverly propagandized.

  8. #7

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    Quote Originally Posted by Deborah K View Post
    very good move, HB! very, very good move!
    Thanks! I got a small bag of really nice coins for cheap on Amazon. I'm impressed with the quality and plan on stocking up. They have .999 1 oz silver coins as well, of which I'm going to snag a few. Amazon has great prices on coins IMO, regardless of the metal you want. The copper selection isn't great, but there's loads of gold and silver for good prices.
    Quote Originally Posted by Ron Paul
    The government is incapable of doing what it's supposed to do. A job like the provision of security is something best left to private institutions.
    My music/art page is here"government is the enemy of liberty"-RP
    That which doesn't kill me has made a grave tactical error
    Quote Originally Posted by Anti Federalist View Post
    This whole board is a thoughtcrime in progress.
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    https://pbs.twimg.com/media/BMoF6luCUAIm1vO.jpg[/IMG][IMG]http://asset.zcache.com/assets/graphics/s.gif[/IMG]
    Quote Originally Posted by danke View Post
    I carry my man purse for fashion, not function.

  9. #8

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    Bought junk when it was 9.50 - all in excellent condition
    Diversity finds unity in the message of freedom.

    Dilige et quod vis fac. ~ Saint Augustine

    Quote Originally Posted by HOLLYWOOD View Post
    If anything, this situation has proved the government is nothing but a dictatorship backed by deadly force... no different than the dictatorships in the banana republics, just more polished and cleverly propagandized.

  10. #9

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    I think it's a good way to buy silver, especially in relatively small quantities. If you're patient you can get it for below spot on eBay sometimes.
    Iím not a libertarian. Iím not advocating everyone run around with no clothes on and smoke pot.

  11. #10
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    Junk silver is a great investment. Don't forget public auctions as a source to get some at amazing prices. http://www.ronpaulforums.com/showthr...public+auction
    "Governor, if I had foreseen the use those people
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    there would have been no surrender at
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    I would have preferred to die at Appomattox
    with my brave men, my sword in my right hand." - Robert E. Lee to Governor Fletcher S. Stockdale (D-Texas), 1870


  12. #11

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    Everyone should own some. That's what I think of it.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?

  13. #12

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    I like higher purity silver, like Canadian Maple Leafs because for many electronic or chemistry applications high purity is required. I think that gives Maple Leafs a premium they don't necessarily enjoy yet.

  14. #13

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    Junk silver is great. It's good for rolling up in tubes or bagging up for storing several ounces of silver at a time. If you're the type who is hedging on using silver for daily transactions, then junk coins couldn't be better. Dimes, quarters, WWII era nickels, halves...after all, these coins were meant to be used as currency. So it will be again if society really erodes.

    I hope that doesn't happen, though. I'm more than content to use my junk silver pieces as a nice way to stockpile silver.
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  15. #14

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    Such a good idea, what else can you put in your pocket and have forever money?
    So much things to say!

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    BLog

  16. #15

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    where are these deals that i always hear about on amazon? i can hardly find anything at a good price. 1/2 pound of 90% silver coins for $589? I don't think so.

  17. #16

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    Quote Originally Posted by ronnilingus View Post
    where are these deals that i always hear about on amazon? i can hardly find anything at a good price. 1/2 pound of 90% silver coins for $589? I don't think so.
    just do a search for "silver bullion". You'll get all kinds of options-coins, bars, etc., all at very good prices. It only cost me 34 bucks for (1) 90% Silver Half Dollar, (1) 90% Silver Quarter, (2) 90% Silver Dimes, and (1) 35% Silver WWII Nickel.

    Just don't go spreading the word around...wouldn't want folks to catch on to our secret.
    Last edited by heavenlyboy34; 10-20-2011 at 09:06 PM.
    Quote Originally Posted by Ron Paul
    The government is incapable of doing what it's supposed to do. A job like the provision of security is something best left to private institutions.
    My music/art page is here"government is the enemy of liberty"-RP
    That which doesn't kill me has made a grave tactical error
    Quote Originally Posted by Anti Federalist View Post
    This whole board is a thoughtcrime in progress.
    [IMG]
    https://pbs.twimg.com/media/BMoF6luCUAIm1vO.jpg[/IMG][IMG]http://asset.zcache.com/assets/graphics/s.gif[/IMG]
    Quote Originally Posted by danke View Post
    I carry my man purse for fashion, not function.

  18. #17

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    Quote Originally Posted by nejar462 View Post
    I like higher purity silver, like Canadian Maple Leafs
    Yeah but they've got the Queen's ugly mug on them.

  19. #18

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    Quote Originally Posted by gls View Post
    Yeah but they've got the Queen's ugly mug on them.
    lolz!
    Quote Originally Posted by Ron Paul
    The government is incapable of doing what it's supposed to do. A job like the provision of security is something best left to private institutions.
    My music/art page is here"government is the enemy of liberty"-RP
    That which doesn't kill me has made a grave tactical error
    Quote Originally Posted by Anti Federalist View Post
    This whole board is a thoughtcrime in progress.
    [IMG]
    https://pbs.twimg.com/media/BMoF6luCUAIm1vO.jpg[/IMG][IMG]http://asset.zcache.com/assets/graphics/s.gif[/IMG]
    Quote Originally Posted by danke View Post
    I carry my man purse for fashion, not function.

  20. #19

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    Quote Originally Posted by heavenlyboy34 View Post
    just do a search for "silver bullion". You'll get all kinds of options-coins, bars, etc., all at very good prices. It only cost me 34 bucks for (1) 90% Silver Half Dollar, (1) 90% Silver Quarter, (2) 90% Silver Dimes, and (1) 35% Silver WWII Nickel.

    Just don't go spreading the word around...wouldn't want folks to catch on to our secret.
    According to coinflation:

    http://www.coinflation.com/silver_coin_values.html

    Your coins' silver value should be ~$22. Because amazon doesn't offer dealers a means to tie prices to the changing spot, they tend to post items on the high side (so they don't have to constantly adjust the prices or lose money).

    I have found local coin shops and ebay to be better venues for finding good prices on 90% silver. YMMV.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?

  21. #20

    Default

    Quote Originally Posted by heavenlyboy34 View Post
    just do a search for "silver bullion". You'll get all kinds of options-coins, bars, etc., all at very good prices. It only cost me 34 bucks for (1) 90% Silver Half Dollar, (1) 90% Silver Quarter, (2) 90% Silver Dimes, and (1) 35% Silver WWII Nickel.

    Just don't go spreading the word around...wouldn't want folks to catch on to our secret.
    yea i wouldn't spread that to anyone, 34 isnt a very good deal for about .83 oz. did you have to pay for shipping as well? at $30.55 an ounce, your silver is only worth about $25. i just went to my local coin shop today and bought a couple silver eagles at $35 each





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