What is the dollar value of "junk" silver? I'll show you
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- čas přidán 23. 07. 2024
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7. Void where prohibited. This is how I determin how much I'm willing to spend for 90% silver per face value.
It's important to understand how to calculate the dollar value based on current spot peice so that yo can set your bid price before you shop.
coinapps.com/silver/coin/calcu... - Zábava
Silver stackers tend to be genuinely good people and I appreciate all of you for making the world suck less.
Ain’t it the truth! 👌
Great video SJ! If I may...the numbers in the video are for BU quality coins (no wear) which are rarely purchased as "normal" junk silver (BU coins usually have a nice premium). The standard number used for coins with wear is .715. So take your face value dollar amount and multiply by .715 for the amount of silver . For example, $5 face is 3.575 oz of silver. Multiply that by spot price to see what you would be paying if you are paying spot. $64.35 in this example.
Glad you are back from your short hiatus .I missed you my friend,Happy new Year.
Hey silver joker hope all is well merry Christmas and happy new year my friend all the best for 2020. Great video as usual. Glad to see a new video as well👍
Another good one Silver Joker! I use this same concept to calculate the premium I am getting hit with. It works great on the fly!! Thanks for sharing
I liked this video and subscribed to your channel because I love silver and like being a silver stacker !!!
This was by far the BEST guide to pricing constitutional silver I've come across, I saved this as a future resource. Thanks Silver Joker!!!
You explained that very well. Helpful video friend. I always used .715 x spot for FV on 90% except dollars. I always assumed the ever so slightly less number was a general account for circulation wear on junk silver. Just got a tube of walkers from coinexchange on eBay. With eBay bucks it came out under spot. And they didn’t add tax.
Man that was a good pickup. I live for deals like that. Thanks for watching. Keep stacking
Great job Maynard! I like to buy from them also. Unfortunately they have started charging sales tax to ship to Maine. I havent bought since.
The man is back. Hope you had a great Christmas. Thanks for the post.
Great breakdown for true understanding of the value of silver in dollars.
Yo this dude has some of the best thumbnails. 90% silver is my favorite. Great video👍
MARK DEGRACE is it your belief that old US silver coins are better in the way that people recognize them? That is how I have always seen it.
@@TheTreasureSeeker01 I like them because of there historical significance as well. To think what was going on in those years and the hands they went thro.
MARK DEGRACE very true!
Thank you for this. I'm new to stacking and this really made calculating prices extremely easy. Bless you and thank you, again.
Good job I needed this, I’m a beginner, so this go’s a long way for me trying to understanding this market.
Loved your video and easy going explanation on how to determine the price of junk silver, plus how to interact with the coin dealer, and a few other pieces of friendly advice. You speak in a very likeable manner. Thank you so much.
I have been trying to wrap my head around the junk coin idea. This really puts it into perspective. Keep it real.
Nice to see you back, I always just do $1.40 is a oz and I just go by that
Same here signed Brother from another mother
I second that! Signed, a Sister from another Mister! 🤣🤣🤣🤣
Thank you for taking the time out to teach others about how to calculate FV. I had no idea. Now I have more knowledge and confidence when it comes to purchasing. Thanks again and like you say, “Keep Stacking”! Happy New Year!😃🎉🎊
Glad you’re back. Hope you had an awesome Christmas Joker!
Thanks for sharing SJ, just got a few Franklins myself last week for the 1st time. Hope your enjoying the holidays
This video has been very helpful to me. It was the intro of how you broke down each denomination's silver weight and demonstrated that any combination of $1 Face = 0.723 Toz that helped me to understand things. Thanks a bunch for this informative video!
This is the best way I've heard the information explained. Keep up the good work!
You got it my friend. Keep stacking
Hey Joker. Merry Christmas and a very Happy Stacky New Year. Hope you and yours are looking forward to an exciting new year in precious metals investing. Should be exciting times.
Thanks for the info! You explained the face value ratio very clearly. I've never sold any of my junk silver so I don't have experience figuring out weights
Thanks Joker, I hope you and yours had a great holiday! Keep the videos coming.
great video as usual joker.had not seen any new videos for awhile and was a little concerned. well done. keep stacking.
Been patiently waiting for your next video, I hope you had a nice holiday. Very informative video, glad you are helping to educate people.👍
Happy New Year and Thanks for the continuing education!
My local coin shop always has 90% and this was very helpful in figuring out how to reconcile 90% with the more familiar spot price.
i often wanted to know the right formula to calculate as i just traded some contentutional(clad)90% silver for gold worked out well i enjoyed this show silver joker hope u had a decent holidays as u say we keep stacking :)
Thanx for the lesson..alotta people chime in with quick advice and lingo that most like me that are new dont understand..You take the time to put out a video and literally break it dwn step by step and for that..I appreciate you..Happy Holidays to you and yours..and Thank You once more..Peace 👊😎✌
Thank you YorBoy RoyBoy. I wish you the happiest and most prosperous new year. Keep stacking
I sold all my junk for Christmas! Starting again. Happy New year's my friend.
I love your content. So educational, informative, and very easy to watch and listen to.
Thank you Kevin. Keep stacking my friend
Glad you are back! Keep on keeping on. I enjoy your vids.
Love all the info I get by watching your vids!!
Have a GREAT Day and Very Happy New Year!!!
Thank you Shane. And to you and yours as well
Nice video sir I enjoyed your conversion chart and found it very helpful!!! also have enjoyed all the nice comments!! Happy New Year to all !
I learned a lot from your presentation. Thank you.
Nice video SJ, happy New year and keep on Stacking my friend
I have been stacking for almost 2 years now. I only buy eagles I have been wanting to get into junk silver thanks for the explanation. your video has been the best info on how to calculate it.
Thanks.
Thank you for saying so my friend. 90% silver will make a great addition to your stack. Keep stacking
Great video! Glad to see your putting out new ones. Hope you have a happy New Year's. Keep it up.
I thank you again for great information. Happy New Year to you and all that you care about. Enjoy the day.
Thanks for the tips. I took a screenshot of your little number chart there. It will come in handy.
Glad it was useful my friend. Thanks for watching. Keep stacking
Thanks for the breakdown, I screenshot for future purchases, pawnshops don't explain it , and this is a good bargaining tool
I have been trying to figure out this exact math for the last month and had about a dozen formulas I came up with myself and none of them would work across the board. Quart formula worked for quarters but not dimes, etc…
It was a mess. Your breakdown of the math was exactly what I have been searching for! Thank you for taking the time to make this video
Another great informational video Joker. Always look forward to your notifications of a new video. Just wanted to let you know that you’re appreciated throughout the silver community for your excellent content. Always entertaining. Looking forward to what the new year will bring for all us. Thanks.
i always used the fact that $1.40 in face is about equal to 1 oz. it is very close.
Never seen it broken down like this. Thanks!
Happy New Year Sir! I enjoyed the information you shared. Very Educational! Thank you again! Be Blessed!
You to my friend. Keep stacking
Good advice, I've had ridiculous attitudes from them and refuse to budge at all when I'm willing to negotiate
Yeah, once you know the value based on spot price, you're in a better position to bargain with the dealers who are willing to be flexable on their 90% silver.
Thanks for watching. Keep stacking my friend
Great job, planning on using it this weekend, thanks
.723 x spot = answer x face you are buying = cost of purchase, I think
New subscriber here.
I admire your honesty and straight talk. 👍
Hey Philip thanks for the subb and for watching my video. Keep stacking my friend
GREAT VID! I THINK THIS WAS YOUR BEST ONE. COOL VID EDITING,
Enjoy all your videos! Keep em coming!
Thank you for explaining the math, the community needs this information. Sharing this to my Facebook group Stackers of CZcams.
I have never seen it broken down like that, thanks man.
New viewer here. Great videos, glad too see a new one. Bought my first Peace dollars at my LCS for 15 to 16 each. Building a good relationship with my LCS has gotten me better deals, and they know what I'm looking for. Sadly, they don't have the selection that your LCS's have.
It takes $1.40 of face to equal 1 oz of silver
Jep about 3 1964 halfs for an Eagle..
@@ag474 😲😲😲
@@joeyboedeker7205
The premium
That's what I use. It is independent of spot price!
@@joesedlak2420 Depends on how slick the coins are. Wgt of all $1.40 coins isn't the same.
Silver joker always know what he is talking about!! Love your vids man! Keep on stacking!!!
I'm to understand that 0.723 is for uncirculated coins (BU), 0.715 is for circulated (Anything else).
good video Shadow I will keep this video as a reference on the dollar amount of 90% silver.
I hope you have a happy prosperous new year Shadow , 2020
I find that waaaayyyy too complicated. So I just go in knowing the current spot price and the approximate value of each coin at melt. Plus, I have committed the actual silver weight of all individual 90% coins to memory.
Good info. I have always been fuzzy on the calculations and pricing. I appreciate the lesson.☺️👩🦳🏵
hi Lady Bullion
Good video man. Helps us stackers out👌👍keep it up
Went to my first coin show today. All Constitutional silver at melt no premium, morgans for $18 in very good condition. Buffalo rounds for $18. They have it every month, I will be saving my money weekly and that will be my LCS for sure.🤗💯
Decent price, and your smart to save, 2020 could be last chance, I'm selling anything I don't use, and cinvert to silver
Great info thank you sir. I enjoy your videos keep them rollin
You got it my friend. Keep stacking
@@SilverJoker always sir
Thank you for breaking everything down that’s great information you’re the best
Happy New Year Joker .
I try to get Sterling 925 silver at spot in Britain. Especially in tableware and decorative wares . As they also have added value for what they are if I wish to resell at a future higher spot price.
Another Excellent Video...I just had examples of all that you spoke of...My Coin shop will not negotiate and for now I was alright with that...I did learn that I paid 13.00 for 90% Face...and 5.40 for 4% face...Also, My shop would not let me pick out my coins...He also stated he would buy 90% for 12.00...Again I like your easy to understand method and I will be using that in the future...I will be selling my more premium collections to re-buy and stack silver...I will be using your method in my calculations.
Thanks for watching John. Check out the link in the description for a bit more detail. Keep stacking my friend
Yes sir thank you!👍 Happy New Year silver joker🎉🎊😁🍻
Thank you for the lesson!!
I learn something everytime I watch your videos.
Great video. I haven't gotten into junk silver as much.
What are you waiting for?! Lol Thanks for watching. Keep stacking my friend
Great theme music man, I like it. Awesome content too man. thanks.
Thank you for watching. Keep stacking
Awesome information thanks.
Excellent information!!! And In one of the comments using .715 junk and using .723 for bu…. Bob
Hello Joker. Thank you for the video. Good food for thought for some. I'm not a fan of constitutional and don't stack it. I made a video outlining ten reasons why I don't stack constitutional silver. Haven't seen very many videos on youtube like mine. Most stackers love consitutional, so would love to hear your thoughts if you have time. Happy holidays and take care!
Hope that I can keep finding these in bank rolls. Constitutional silver for .50c each? Yes sir when ever I can.
Thank you.... .723 x spot price !!
This video really has helped me,
to shop smart !!
This is very useful, Thanks!
Good think about buying junk silver in bulk. You might get the odd key date or higher grade coin that well exceeds the silver value.
Love me some Walking Liberties, but I'm a sucker for Morgans and Peace dollars, lol. I usually bid on several at once and set a limit, but I've probably overpaid for a few of them especially if they are AU or BU.
Love the channel Silver Joker! Just over the state line in PA here. So similar prices but we don’t get taxed on silver that WAS or IS for circulation. So Junk Silver is tax free here but just like you bars or bullion coins are. Typically dealers around here always go for .715 ounces per face value of a dollar because of typical wear. Have you found that in Ohio or is it closer to the original minting value of .723?
Good info , also if buying a large amount of junk silver you might want to consider the amount of ware on coins because the weight of coins that you gave are with no ware for each denomination so one thousand dollars face with a lot of ware might not weigh that much
Thanks for information keep sending enjoyed
Very helpful. Thanks!
Perfect Sir. Thank you
Very educational, thanks
Don't forget that for junk silver it is an industry standard that it weighs 0.715/dollar face to account for wear when trading large amounts.
Solid vid Joker. Happy new years!
Thank you. To you as well my friend
Thank you Joshua B.
When the dollar collapses, ANY spare change will ALWAYS be worth far more than ANY paper bills.
Very helpful
Thank you sir!
thank you for the great info
Thank you! 🙏
Great video- thanks!
I stopped buying junk silver by the dollar value, unless it is newer, My point is it should be sold by the ounce, kilo, pound, or whatever the weight is. I've gotten quarters that were short a full gram per coin from the wear and tear, and it still has refining costs! Everyone should have some, but I use the term loosely, and just for that emergency! Even collectibles will be melted in a shortage, and bullion will have a premium, if you can buy it with the currency of the month!
This is how I determine how much I'm willing to sell my silver for...How much do you have? That's not enough!
Good video and information. I subscribed.
Silver Joker great video my friend I'm glad you did a video on that Because I've been wondering what is what is what how to sell And What to buy I've been a subscriber of yours for about 4 Years when you started out ..I think you had about 100 or so subscribers Stay great my friend and keep stacking...
What do you think the best junk silver you should stack. What is the best denomination. Any thoughts.
GOOD TO HEAR YOU BACK SILVER JOKER BEEN A WHILE. SIGNED BROTHER FROM ANOTHER MOTHER.
What's up my Brother?😎
@@SilverJoker PEACE AND GOOD WILL TO ALL THE STACKERS OF THE WORLD AND WHO KNOWS BEYOND.