How to calculate junk silver value when you need cash.
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- čas přidán 7. 02. 2019
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7. Void where prohibited. How to determine junk silver value and where to sell it when you need cash. Beautiful Uncirculated Franklin halves. For 90% silver coins .715 X face value to determine troy ounce and for 90% silver dollars (Morgans and Peace) it's going to be .773. X Face = troy ounce. Then, spot price X troy ounce = cash value
What is it about stackers?I wonder if they are the enlightened one's. I never read hatred our jealous and racist comments in these comment sections.everyone seems to be happy for the other guy.isnt it nice to be able to see comments that seem to be so positive?nice job on the video my friend.good luck in the future and God bless.
I think we're happy that others get what we're doing and we become somewhat of a club or community. Yeah, we have become enlighten and know the truth, what is money.
Well said.i totally agree ,that s been my experiance too.,nice job my friends.
@Nunya Buisness - You got that right!!!
Agreed. Such a lovely cummunity.
Just helping each other out on the silver stacking journey bud. Wealth is freedom.
Yes, pawn shops are the worst for giving any kind of value for anything. I had to do that one time, on a Sunday when all other coin shops were closed. I needed that emergency cash right away, so I sold a lot of gold and silver to a pawn shop. I hated having to do it, and it hurt. A lot. But I had to do what I had to do. I hope never to have to do that again.
What a sweet stack of Morgan’s and Peace dollars. Wow!!! I always loved the look and feel of the old Constitutional silver dollars of the past. The sound and feel of them clanking in your hands....oooohhhh, I am so dang jealous.
even in norway i have 12 of them + 10 half dollars + a handfull quarters i bought from a coin dealer in norway last year that sold them for spot prize becouse he needed the shelf place.
i know some of the bigger coin dealers in usa sell to norway but its cind of expencive if you just want a few coins becouse of the premium + freight + exchange rate ++
i stack mostly pure bullion coins say philarmonics since i get lowest premium on them but i have say a silver eagle and maple leaf and so on.
but i also collect norwegian memory coins that are 92.5% silver. and some have 60% but most of my silver dont get man handled. hehe
BUT THE US JUNK I LOVE TO HANDLE FROM TIME TO TIME. I LOVE THAT THE ARE RELATIVLY BIG
There is never any reason to suspect that you would be lying! You are one of the best doing this and we are learning a lot from you keep up the great videos sir
.715 per $ face doesnt apply to peace/morgans. Dollars are .77
$1.40 in 90% junk silver change is one Troy ounce for anyone wondering 😁
No matter what denomination of coin you have?
Yep! It could be a dollar coin and 4 dimes. As long as they are all 90% silver. NO WAR NICKELS!!! 😂
My coin dealer gets annoyed when I buy $14 face and he has to break up his $10 bags. Every. Time. Lol
@@shagggadoo I'm just gonna start to get these, but wondering why, your dealer gets upset about $14.00
@@57jauar lol just because he has to break up his nice little $10 bags he's already counted out.
You know that song by the Bare Naked Ladies? “If I had a Million Dollars 💵 “..........I think it should go a little more like this....”If I Had A Silver Dollar”. I know what I do with a Silver Dollar...stack it neat, stack it tidy, and stack it high....oh yah baby. I keep watching this video, because I just can’t get enough of the stacks of Silver Dollars. I only have about 25 right now, but I’m looking into purchasing a nice little treasure chest, in order to fill it up with Morgan’s & Peace Dollars. Thanks so much for the inspiration.
I don't buy or sell anything at pawnshops. They want near retail for anything they sell and only pay half they value of things they buy. They only wanted to pay five hundred for an ounce of platinum. I only buy at Apmex or a local coinshop.
Yeah but how many people go in to pawn shops asking for ounces of platinum
@@jkjames5051 I walked into a local pawnshop looking for silver or gold, saw the price tags, said to myself, “what the fuck?” And walked out. Haha.
And I have to agree about avoiding pawn shops. I saw some 90% silver half dollar Kennedy's. Wanted to buy 10 of them & they wanted to charge me $100 after I asked about them. I asked for the weight to calculate if I was getting a fair deal and when I asked the pawn shop tried telling me I shouldn't calculate the weight and ignore the weight to calculate a fair price. So I walked out of there and for sure I'll never do business with them no matter how desperate I get. I'll only go to that pawn shop to do business when hell freezes over or when the crows turn white as doves .
I totally agree on those Franklin halves ... they are the cat's meow! Great acquisition. I could look at those all day!
Thanks for the tip on how to tell if a cleaning has been done. Like the music too ! Nice groove
Just for fun walked into the local pawn shop and was laughing when I was seeing ASE's in cull condition for 30 dollars when spot was below 17 dollars a ounce🤣
I think most people prefer the Morgan dollars, but I gotta say I prefer the Peace dollar. From the interpretation of lady liberty to the perched eagle, the design is beautiful. Thanks for sharing the info and that stack is awesome.
Yes !! The Peace $ is sublime, the standing Liberty 25C and the $5 ,10 and $20 gold coins from 1907 to 1929/33. *~:)
I love peace dollars too. They aren't nearly as coveted as morgans because the strikes are generally weak and the details are usually soft, but the design is gorgeous and if you can find a well-struck example they are truly beautiful coins.
I’ve got to have both but the Morgan is my coin of choice. Such history and my is it beautifully detailed. When I look at any old coin I always wonder where it’s been and who might have held it. Fun indeed.
Look! Real money!!
Thank you for this video. You explained it to me in a way I can now not be fearful in selling my silver.
Thanks for the insight, S.J.. Perfect way to start my Saturday. Thanks!
I love the sound of junk silver without gloves end touch them.
Beautiful Silver Dollar Stack. I am happy for you accomplishment !
Great Video again. Love Both pickups...100 silver dollars is an amazing accomplishment. Those Benji's were georgeous. Thanks for Sharing
Thanks for the info SJ! I learned something from you today my friend! And now you got me in the Junk Mode! US!
Always great to complete small stacking goals. Congrats on your 100 Silver Dollars.
PS, Nice Peace Dollars there! ✌🏼
Beautiful rounds! Just picked up two rolls of halfs yesterday. All 64 and below.
Thanks for going over this! Your videos are a huge help!
Beautiful collection hope to get there some day but just have 5 ounces right now,I enjoy collecting more than stacking but you have some beautys in your collection!
Love those Benjis! Thanks for the information!
Awesome SJ...thanks for another great video.
Awesome stack of Peace dollars and Morgans! I just picked some up from my LCS as well! Sweet tips, thanks for sharing! 😃👍🏼
JulianBullion seriously
Awesome stack of Constitutional Silver!! The Peace Dollar is my favorite design on a coin. Thanks for the great knowledge on how to sell your stack back to the LCS.
I love the Morgans. You've been stacking it deep here lately. I've enjoyed watching your progress. Beautiful Benji's as well bro. Keep on stacking!! ✌
Thank you for all the info. I appreciate you keeping it simple.
Thank you for watching. Keep stacking
There ain’t nothing in this world that beats the feel, the heft, and the sound of clacking & clanking big heavy silver dollars together. To this addicted stacker, it’s equivalent to a big, chocolatey, syrupy, sweet ice cream 🍨 sundae, without all the calories. Man, 100 silver Constitutional dollars...that’s awesome Joker. Thanks for all these great, informational, and silver-teasing vids. Keep up your great 👍 work, and always...keep on stackin’.
I couldn't agree more!!! Keep stacking my friend
The .715 Troy works for dimes, quarters and halves per dollar face. But the silver dollars are .773 Troy
That's What I Was Going To Say
You're absolutely right Three Nines. My mistake. Thanks for pointing that out. Keep stacking my friend
I’m glad I could help you “find” an extra 5.8 Troy in those 100 silver dollars. 😃 I’m a big fan, keep those videos coming! And congrats on reaching your goal!
I am glad you guys corrected this before me as I was going to.
Love the Franklin's sprinkled in the pile my friend : ) excellent Information video, loved every second. Nice job completing your goal.
Thanks shiny packAGe. Keep stacking my friend
Great video, Joker, very helpful, thank you.
Amazing stack! Love the work you put out!
IVE BEEN WAITING FOR A NEW VIDEO BROTHER GLAD TO SEE U DOING WELL
what a beautiful stack! 100 of those dollars look really nice!
Very informative, SJ! Thanks for the video. I"m subscribed.
Awesome video! One other simple way to calculate junk silver is $1.40 face in any denomination is pretty much one troy ounce of silver. Thanks for the video!
Awesome, congrats on the goal. I just added 7 American eagles yesterday, have a ways to go to my goal. Keep stacking my friend!
Good to see you out and about again Silver Joker! Value of constitutional is as follows to me is $1.40 face value of 90% is equal to 1 ounce x spot price. This only works with dimes, quarters and halves. You can mix those up any way you like to equal $1.40 face minus what ever wear and tear are on them.
Thanks for the info karmon taft. Keep stacking my friend
Now this is darn diddly good:) Keep attacking the stack👍🏼
Nice additions to your stack!
Thank you for sharing that .715 rule. Keep on stacking!!!!
Love the BU like finish on the frankies!
New subscriber to your channel - love the educational part of your videos - and all content overall. Best wishes in 2020!
Dropping the knowledge thanks 😁
So glad I found you!
Great info!
Thanks for watching my videos Joanna. I'm glad you found me to. Keep stacking 🙂
Nice coins Joker. Enjoy watching your videos my friend.
Awesome accomplishment! Dude I said this before you need to host poker night and have those silver dollars are the chips! Straight wild wild west! You are correct those Benji's are not cleaned. What you speak of during your video is not "patina" that would be a tone, but yet it's called mint luster. Luster originates during the minting process due to the way the metal is struck from the center outward. This process creates micro striations, or grooves that reflect the lights in a cartwheel matter when tilted in various positions. This is one of the main components when determining if coins are mint state or not. Other tell tale signs of a cleaning include, hairline scratches in a purposeful matter, lack of or washed out luster, a blueish/grey hue on the coins surface as evidenced by a prior dipping. Thanks for sharing!
Wouldn't that be awesome unless I lose of course. Lol Thanks for watching my video. Keep stacking
coinflation.com will calculate everything you need at current price of silver, quite a handy tool
murph murph great info thanks
Thanks brother Joker!
A lot of folks don't follow up with their tribe.
Great topic thanks Joker!!!!!!
Great advice .Thank you..
I am not a big fan of the Franklins but that is a sweet tube of Franklins. Great explanation on the cleaning of silver coins inspection.
Great job, wish we could get it at 11$ face now...lol
Well done, On getting to 100 silver dollars.The Franklin's are very nice (my favorite coin). Provident has 40% Kennedy half dollars on sale at spot this weekend.
Super video...Thanks again for super Information...continued success...
Thanks for your shows!
Old school. I love it.
I like constitutional silver too, but what percent do you like to try to keep as a goal (break down) in each -dimes, quarters and halves? Thanks
Hey Silver Joker absolutely love watching your videos very inspiring thank you for sharing. those franklins are really really nice wow I don't stack junk but I think I might get into it hmmm very interesting my mom gave me a few some years ago thanks for the lesson on calculation class loved it keep stacking.
HOUSE RESOLUTION TO HAVE GOLD AND SILVER RECOGNIZED AS MONEY.
GOLD AND SILVER MUST BE .999 PURITY IS REQUIRED.
80% JUNK SILVER WILL NOT BE ACCEPTED AS PRECIOUS METALS CURRENCY.
This is good to know. Thank you.
I have to say this! And that is I am so envious of how you have accomplished your numismatic prowess towards your collections of Silver coins! I am on my way towards that same horizon
with my collection! I have Copper Lincolns and (Silver Eagles My Favorite) and new to my collection are the one ounce to five ounce Silver Bars! Now I have just begun to post videos on youtube, A little bit of the jitters because I am new to this online posting of videos! with only two posts to the good so far! I watch your videos most of the time! Keep up the great work that you are doing! and great fortunes to you as well! (BJSilverman21plus) I love the Constitutional Silver from my LSC!!
Thanks for this comment my friend. I'm glad that you decided to post videos. You are going to really enjoy it. I'm on my way over to visit your channel right now. Thanks for watching. Keep stacking
those are so clean! WOW, those look uncirculated!
Maybe your camera is just really good. The edges look crisp and sharp.
Awesome silver coins. thanks for the video.
Always shop around. I went to one pawn shop and asked them what they paid for silver, generic the first pawnshops and go pay 40 to 45% of spot. The second shop, which is basically a gun and precious metals type pawnshop actually offered to pay spot. I was astounded! Only drawback when selling your silver generics especially is the shipping cost when sending to a major distributor such as Provident, Apex, And others.
That's a very good point Jose. You have got to shop around. Thanks for the comment my friend. Keep stacking
Nice job my friend keep up the good work,.love your video.Paul Baierl
outstanding! we test everything we buy at the store I work at, your exactly right, if a store wants return business they can't afford 1 bad piece!
I love me some franklins, my favorite of the half dollars too!
the cell phone app coinflation will figure it all out for you automatically, it even has spot price built in, just punch in how many of what size coin you have and it will give you an instant melt value. super fast!
Thanks for the info.wish I had me a spot to get spot silver.
Excellent video. Thanks.
Yeah Silver Joker I just got a tube of Benjamin's (20) from U. S Coins here in Houston, and they are awesome. I did the light test and they displayed the same as yours, thanks for the lesson! I met you at Phil's two years ago. Good video, thanks. Keep stacking!
you gotta test the silver for sure 👍🏽👍🏽🔥🐉
Thank you brother for the info:) God Bless
These are awesome coins. Well done!
Those are definitely nice Benji's and some of those Morgan's we're nice as well !!
thanks for the vid! subbed
Awesome..I love your videos
Thank you.
Hello my friend!!! Fantastic video!!! Super LIKEEEEE 👌👌👍👍👍
nice !!! 100 face in dollar coins yes I may make that my goal/challenge for this year!!!
You are right you have to go to a reputable dealer build a relationship with your dealer you will be satisfied every time
Those Benjis are beautiful
Thanks, great video
1.40$ face value of junk silver is 1 troy ounce
Congrats reaching 100 silver dollars 👍
E R I K my goal too bro
Thanks! This helps.
Keep up the good work. I know someone who managed a pawn shop.....buyers/sellers beware! You can always get a loan on them and pick them up within 90 days (plus interest) if you need some short term cash. But they're not going to loan you spot. Be careful, mindful, and always try and speak with the manager regarding the loan if you need one. The junior workers don't have the power to loan you a little more than you can receive (for the most part). But the more you borrow the more you have to pay back. I'm probably preaching to the choir?
Absolutely WONDERFUL! Hold your wealth. TLE
Nice stack, man.
Lets make it 200! Nice stack, love my silver dollars.
Appreciate the info👍🏽
Former Navy Corpsman with RECON.
Thanks!!!!
You certainly put my silver collection to shame. Lol.😂
Love the video, excellent content.
New to the channel, Subbed.. 😏
Out of curiosity, how much did the Franklin tube cost, bud ?
If you don't mind me asking...
Love from Bonnie Scotland.. 🤗
Beautiful Franklins!
"Used Silver" sounds nicer.
Constitutional Silver is the preferred term.
It’s always been called Constitutional Silver. Bankers came up with the term “Junk Silver”.
There's a guy by the user name of spegtacular who did a weight comparison of 20 90% silver half dollars for Kennedy's, Franklins & Standing Libertys and there was quite a difference in weight. The Silver Kennedy's had the most weight. The Franklins lost some weight but not much compared to Kennedy's but surprisingly there was a huge difference in weight for the Standing Libertys compared to the Kennedy's. The Standing Libertys lost quite a bit of silver.
Yeah Lucky Winner it seems the older the coin the more wear it suffers. I've talked to several LCS owners and the majority tell me that they're not that concerned with the tiny bit of weight difference a coin has. They will pay their stated price unless it's really bad. The average customer doesn't mind a worn standing liberty or franklin half, if they are buying cull coins, they tell me. Not sure how Apmex, JMbullion, Provident or MCM looks at this but, I would mostly deal with my LCSs anyway. Thanks for the comment and for watching my videos. Keep stacking
I had a pawn shop that's within walking distance from me and they wanted $18 per face for 90%. I listed three LCS nearby that each were $12-$12.5 per face. And the owner of the pawn shop then go to them. Before I could say anything else he hanged up on me.
Two addional points.
One is if you sell to someone online. You Pay for shipping and alot of the weight is dead/worthless you are paying for.
Two- if you wait till prices have made a major jump up, the refners will be over capacity and your LCS or online buyer may not want your junk silver because they cannot get it to the refinery period. Refiners capacity is for normal amounts of material. When a surge of material comes in they cannot just add more smelters for a temporary upswing in product.
Point one and two are some reasons you might wish to stack generic when you are done playing around with junk silver. There is a reason the industry calls it junk silver but we seem to call it constitutional silver.
Thanks for your video and information. Keep on stacking.
Money used to be so much cooler. Those coins look in great shape!
awesome video my brother