Oct 12, 2012, 07:45 PM
The early weasel gets the kill
Has CRHing made anybody a millionaire?
There are people who are on here from way back when. I would like to know what the biggest known silver career accumulation is. Are there people out there who have literally retired off of CRHing? Millionaires? Hundred-thousands?
I am not talking about silver's future, we all know its going to visit the curiousity rover real soon, but I am talking about it's current and even previous value? Are there people who have made big money already from CRHing? How much money? How many Ozs and how long did it take them? Links?
Oct 12, 2012, 07:50 PM
I LIKE SILVER
The Hunt Brothers lost over a billion in the 70's attempting to corner the silver market.
"Paper money eventually returns to its intrinsic value -- zero."
Oct 12, 2012, 07:54 PM
Wasn't that frozen orange juice?
Oct 12, 2012, 10:47 PM
I found a wheat, two 1959 D nickels and a teller gave me a $.50 piece, oh i mean a half dollar. I don't need college, I'm on my way to my first million...
Last edited by austin; Oct 13, 2012 at 03:50 AM.
Oct 12, 2012, 11:51 PM
I found a silver nickle in my change last night. Sort of like winning the lottery! Few more of those and I'm going to retire early.
Oct 13, 2012, 12:22 AM
The early weasel gets the kill
Oct 13, 2012, 12:45 AM
highly unlikely. i heard of a guy who searched 300 boxes a week. at a 2 40% per box average that's $10 per box or $3000 a week. It would take almost 6 and a half years to make a million at that rate. I'm pretty sure he got cutoff big time and doesn't do it anymore, so not sure how long he got away with it. Probably not for 6 years, if they were going to cut him off it would be much quicker. I'm guessing a year, which means he made over $100,000 which must've been cool
Oct 13, 2012, 12:46 AM
Also I just considered that was a few years ago when the price of silver was much lower, if he sold it doesn't count to give him todays prices. He probably made a few tens of thousands
Oct 13, 2012, 12:51 AM
When I started this endeavor, my pie in the sky goal was 1000 OZT of silver. I figure I need to keep it going another 2 years to make it.
Oct 13, 2012, 01:29 AM
There have been some serious hunters over the years on this forum. I know some probably made the 10,000 silver half club. I would bet a few have found $100G in silver but not anywhere near $1M. Still $100G would buy a small house, which isn't bad for a hobby! TimZim will get to $100G in short order if he keeps up that volume.
Oct 13, 2012, 03:01 AM
Figure in the gas to pick them up and drop them off and the skunk boxes ....guys that get 5 boxes at a time can easily get skunked and spend time and money ...
Im not crazy......my mother had me tested
Oct 13, 2012, 04:04 AM
As soon as my time machine is finished, I'm goin' back and every roll I buy will be silver. Stay tuned.....
Two rules in life: Don't sweat the small stuff.
It's all small stuff.
Oct 13, 2012, 04:38 AM
I think the people at Jackson Metals were searching millions in halves a while back. Big operation.
Oct 13, 2012, 12:03 PM
+ 1, I was thinking the same thing, he will probably be real close to 100g in a short time if he can keep his system going good, and in a few more yrs, who knows the posibility. HH, Maverick.
Originally Posted by baddbluff
Oct 13, 2012, 01:46 PM
There have been millions made in CRHing but not in the way most people think of. Consider for example the treasury release of Morgan Dollars back in the 1960s which were unsorted and if you got a bag of 1904-O (prior to the release in '62 considered to be the rarest Morgan) you could sell them for $$$$, only, let's say someone was really lucky and got 2 or 3 bags, and while prices in the US quickly dropped, I heard reports of people taking them overseas to Europe (UK in particular) where the information hasn't gotten out to all the dealers that the 1904-O was quickly becoming a more common date and dealers would be willing to pay high prices. While I'm not sure if it made anyone millionaires, fortunes were gained (and lost! in the case of those with previously rare dates) overnight.
Speeding up Gresham's law one roll at a time
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