Well, this is by no means any criticism of you, TMJ,
But every which way I have calculated it, I would stand to lose a considerable amount of value selling silver for silver.
My abacus tells me that the most value-preserving trade for silver is for it's "end use"; i.e. spending the silver for the final time; and btw, I collect silver to SPEND it.
That's just for me, folks, JMHO.
To me, a big pile of 40% is just as beautiful as a little pile of 90%.
After all, we are all in this for FUN.
Congrats on your trade, (no sarcasm intended).
Keep on Rollin' !
I agree with what you are saying.I comes across the 40%rs alot more than the 90% coins.I lose some value in trading up but one thing I'm looking at is this...This is strictly my opinion here it goes....I do the coin roll hunting for two reasons.First for the investment for my kids for later in my life I can hand the dollar coins down to them for when silver is higher they can invest them for college ect.The second is my most likely scenerio.The fed is printing money like monopoly paper,eventually inflation is going to hit.Now here's where it gets tricky.One of many things are going to happen.Massive hyperinflation and food and everyday costs are going to go up.We might have a breakdown in society,government,ect.You can't eat silver but it could become a good barter or hedge if these things happen.Now to get to the point.What do MOST of the average Americans recognize.A 40% silver half dollar that gets turned in everyday thats most common in the banks?I think the average American DOES recognize the old Silver dollars and do know they contain silver.40% coins have a huge disadvantage because most people are
--deleted-- that they contain silver.WE know it because thats what we enjoy collecting.I'm just saying that in a WSHTF scenerio people know that the older coins are legit.I like the dollar coins for a hedge,barter,and just because they are plain beautiful!!
