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Constitutional Silver, does the series/condition make a difference ?

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  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭

    I never cared for the pejorative term "junk silver" when talking about common date circulated .900 fine silver that is treated like bullion. It's definitely not junk and some day it may have a collector premium above melt value.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭

    @PerryHall said:
    When I hear someone calling 90% junk silver "constitutional silver", I assume they are new to buying silver bullion and are novices. That term is a recent invention by some marketing group trying to hype pre-1965 circulated common silver coins and make them sound special. This term has no real meaning.

    Yup go into any coin shop and tell them you want to buy some "constitutional gutter". The dealer will certainly tack on the additional reddit premium. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭

    A lot of useless opinions on this thread. I’m of the mind that if you don’t like the title one should ignore it, but like Congress everyone is entitled to their mindless diatribes.

  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭

    @hfjacinto said:
    A lot of useless opinions on this thread. I’m of the mind that if you don’t like the title one should ignore it, but like Congress everyone is entitled to their mindless diatribes.

    Thank you for sharing your congressional opinion with us. :D

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭

    Oh brother, tin foil hat time. lol

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,818 ✭✭✭✭✭

    @JimTyler said:
    Where did you guys come up with the name constitutional silver ?

    Article I, Section 10, Clause 1 of the US Constitution:

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭

    @derryb said:

    @JimTyler said:
    Where did you guys come up with the name constitutional silver ?

    Article I, Section 10, Clause 1 of the US Constitution:

    Compare and contrast the above with Article 1, section 8:

    "The Congress shall have the power to coin money, regulate the value thereof".
    Article I, section 8.

    Individual states can't issue limitless paper currency to pay their debts off. Only the federal government can issue money and decide its value. States also can't authorize pirates (letters of marque).

    This is a really bizarre hill for people to die on. It's 90%. :)

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭

    That was the first time I've seen anyone refer to the antics in a thread as DonnyBrook , nice vernacular!

    As far as the OP title question, yes absolutely.

    Condition (UNC) ensures full silver weight so UNC > WORN
    Series plays a part as well with older seated/barber > newer Merc/Roosevelts
    Denomination also effects desirability with bigger coins tending to be preferred - Halves > Dimes

    Im sure its been called all kind of stuff over the years, but the easiest way to think about it is 90% pure Silver coins in my opinion.

    It's all about what the people want...

  • derrybderryb Posts: 36,818 ✭✭✭✭✭

    Junk Silver but not quite Gutter Silver.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭
    edited August 25, 2022 12:43PM

    @derryb said:
    Junk Silver but not quite Gutter Silver.

    Junk Gutter. :sunglasses: RGDS!

    The whole worlds off its rocker, buy Gold™.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,288 ✭✭✭✭✭

    @Weiss said:

    @derryb said:

    @JimTyler said:
    Where did you guys come up with the name constitutional silver ?

    Article I, Section 10, Clause 1 of the US Constitution:

    Compare and contrast the above with Article 1, section 8:

    "The Congress shall have the power to coin money, regulate the value thereof".
    Article I, section 8.

    Individual states can't issue limitless paper currency to pay their debts off. Only the federal government can issue money and decide its value. States also can't authorize pirates (letters of marque).

    This is a really bizarre hill for people to die on. It's 90%. :)

    It is merely a hill to climb on, thanks to our constitution.

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭

    Considering the current value drop, I'll stop were I am.

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  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭

    I'm sticking with pre-1933 constitutional gold coins. :)

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Mike59Mike59 Posts: 319 ✭✭✭

    @PerryHall said:
    I'm sticking with pre-1933 constitutional gold coins. :)

    Once my Junk silver/pre-1964/90%/Constitutional Silver holdings weighed more than I did. I started buying Pre-33 Constitutional gold coins as well. I love my silver but can no longer carry it. If my house was on fire, I can at least get half of my holdings out. Sometimes I wonder what would happen if i had to choose one to survive the wife or the gold. I better not say.
    Mike

    MIKE B.

  • 1630Boston1630Boston Posts: 13,781 ✭✭✭✭✭

    Junk silver/pre-1964/90%/Constitutional Silver :)

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭

    @1630Boston said:
    Junk silver/pre-1964/90%/Constitutional Silver :)

    Constitutional silver sounds fancier so you can charge more for it. :D

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • hfjacintohfjacinto Posts: 871 ✭✭✭✭✭

    My first experience with constitutional silver was when my local dealer offered me some Peace dollars at $17. I ended up filling 50% of the Dansco with it. Not bad for 90%.



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