Saturday, August 21, 2010

The Best Junk Silver to Buy!

Now's the time to stock up your silver holdings before the price of silver and gold start skyrocketing soon in response to growing inflation and hyperinflation.

My goal is always to buy as much junk silver (pre-1965 dimes, quarters, halves) at or preferably below melt. I enjoy using ebay for the excitement factor, and Apmex.com if I'm in a hurry to buy a large amount. I use the following criteria to select my coin purchases on ebay:

1. Buy boring Roosevelt Dimes, Washington Quarters, and 1964 Kennedy halves. When possible, I prefer coins from 1960 - 1964 as they circulated less than the older coinage and are in better condition. They tend to have slightly more silver content as well, since less fingers had a chance to rub off silver before they were mason-jarred when the government discontinued the silver coin program at the end of 1964.

2. Another reason I prefer the early 60's coins is that there is less numismatic interest in these more common coins than in the Franklin Halves, Walking Liberty Halves, Mercury & Barber dimes, and the Standing Liberty Quarters. Keeping coin collectors out of auctions leads to lower prices and therefore more 90% silver in the vault!

3. I make sure and check coinflation.com to get the updated silver melt value before bidding to ensure I'm not bidding too high.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies (below):

Rick

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