Buying Junk Silver for Beginners: EVERYTHING

If you liked this video, check out Silver Bars for Beginners : https://youtu.be/4U91ikxFXx4

An easy conversion...$1.40 face (4 quarters & 4 dimes) contains 1 ounce of silver.

I bought $150 face of silver quarters a while back. As I counted them I found 14 proof quarters in the mix. Most were in the mid to late 1950's. But one was even dated 1942. I sold them separately at a coin show for a nice profit. I also check reject slots in Coin Star machines and just last week turned up a 1964 Roosevelt dime. Another time I recovered a silver quarter. Apparently, these machines reject silver coins.

Buying junk silver is how I started buying silver back in 2008 after the crash - I love it because it's real American coinage and having a lot of it - it's fun to run it through my fingers like pirate treasure.

I had a great score at an estate sale last year. I went to the sale on the first day of the sale, they had a nice collection of pre-64 US mint halves, quarters, and dimes, but wanted to much. So i went back on the final day, I knew that right before closing everything is half price. I found that they had most of the coins still unsold so i offered them $300 cash for what was left. They were happy and I went home with about 10 pounds of US mint '64 and earlier constitutional silver coinage. SWEET SCORE, Almost 135 ounces melt X spot today = $3,200 ! ! !

My gratitude and praise to this team of gurus por bringing my life back on track when I thought everything was gone! but with the help guidelines I was able to realized that the secret to making a million is saving for a better investment

My dad played slots in Los Vegas and Lake Tahoe for years in the 80’s. All the dollars were silver. He was very lucky and saved hundreds of coins.

STOP!!!!….. I made the mistake of going into a coin shop in my uneducated days and asking for ‘junk’ silver and was quickly scolded that no silver was junk, it was merely well used and circulated, and they were pretty serious. Like, seriously serious.

Silver as of today is $23., a 1964 half dollar is going for about $13. if bought on eBay. If you think silver will hit $50. don't worry too much about overpaying a buck or two, right now, for 90% silver. When silver hits fifty bucks, half dollars will sell for 26 dollars. If you overpaid and bought them at 15 and sell them for 26, you're still ahead of the game !!

Pro tip for anyone here, the world war II nickels are probably the most common silver coinage that I see exchanged on a day-to-day basis. I worked a register for a long time and I was able to collect a pretty good chunk of world war II nickels (Mainly because many people assume nickels never had silver) so it seems that these have survived the most. This anecdotal evidence of course and I could have been lucky but good luck out there!

I found a whole roll of Canadian silver dimes. Some one brought it in to pay for gas where I work.....best $5 I ever spent, bought it out of register on the spot! That was a great deal. Good video

My great grandfather (during his retirement) had many hobbies to keep his mind active with. One of which was coin collecting. And he had cleaned all of his one-cent pieces, and even some of his Morgan and Liberty dollars. I had also done so when I started collecting coins a decade ago, but fortunately I had YouTube videos and different forums, all of which were more than happy to tell me what I’m doing wrong 😅

Thank you for this video. I learned a lot from you. My wife's grandmother died and we had to do the house clean out and I found a very large amount of old coins foreign and domestic. Also found 800 steel pennies. I have started to look through them and man is this fun!!

This is an incredibly thorough breakdown for beginners! Thank you for a high quality video!

Scored a nice Walking Liberty half in a roll last week. They were kind of rare even when I was a little girl in the early '60s. I think that's the reason I like junk silver. It's always like seeing an old friend.

Great video! I already knew most of the info, but you did such a great job, I watched it all the way through! You are extremely knowledgeable, but also your delivery is near perfect. Not too fast, not too slow, very seamless editing, and no monotone. Thank you!

There are very few guys who break down these very helpful tips for beginners. Watch this video as many times as necessary and you’ll be much more informed on your new coin collecting hobby. It’s one thing to see old, rare, graded and type set coins which maybe will not be your first purchases compared to being able to initially identify the basic qualities to start your stacking. This video helps you to do that and I’m glad I found it again. Thanks for sharing a valuable video to our stackers community.

Is Silver really worth it to buy ? In terms of the short term considering taxes and overall cost of upfront purchase then trying to resell when I actually need the liquidity, is physical or Silver stocks more worth the cost ? Because it seems to be when people speak of Silver their not being specific to the short term or Long term approach to justifying the purchase. Let me know your thoughts , thanks anyone

Awesome video! I used to spend a lot of free time coin roll hunting and only once did I score big. It was 13 90% kennedys in one roll.

Well-organized, clear presentation! Thank you!