Junk Silver in the numismatic circle refers to worn circulated silver coins. These are circulated worn coins and do not have any collector value BUT, the value lies in the silver content. The price of junk silver is now commandind a small premium about spot. It used to be cheap. You could get them below spor price but not anymore .Junk silvers can still be found in pocket change. Keep collecting because Silver price is still going up. Jefferson nickel does not have any silver. Only those "Wartime" (1942 (partial) -1945) and it has only 35% silver. But continue looking. That's part of the fun. You might want to try the flea market for a bargain. Have fun ,all nickles and dimes before 65 have silver in them Only war nickels (1942-1945) has 35% silver. And they silver is bounded with magnesium (?) makes it harder to extract the silver, most buyers wouldn't mess with them.
Best deal is pre-1965 dimes, quarters, half dollars, Morgan & Peace dollars and the 1964 Kennedy halve dollar all 90% silver.The 40% Kennedy & Eisenhower coins are good, just takes more of them. I got burned a lot starting out buying coins.
Monday, May 30, 2011
Gold Dinar & Silver Dirham
1 dinar is 4.25 gram gold, its not 1 ounce of gold that is 31.1 gram gold !
Very interesting. When this has been tried in the USA (having competing currencies in gold and silver parallel with federal reserve notes) the people doing it were arrested. That's probably because what the guy say here is true, silver and gold in the hands of the people represents freedom from government control and manipulation of the money supply.
People get arrested because of the legal tender laws, which make possible the machinations of a central bank and their printing of paper money. Without that force of law, people would choose a different medium of exchange over that which can be printed into oblivion.
Very interesting. When this has been tried in the USA (having competing currencies in gold and silver parallel with federal reserve notes) the people doing it were arrested. That's probably because what the guy say here is true, silver and gold in the hands of the people represents freedom from government control and manipulation of the money supply.
People get arrested because of the legal tender laws, which make possible the machinations of a central bank and their printing of paper money. Without that force of law, people would choose a different medium of exchange over that which can be printed into oblivion.
Bob Chapman : Sarah Palin is obviously the anointed candidate
Bob Chapman : LibertyRoundTable - 05-30-2011
Bob Chapman : Sarah Palin is obviously the anointed candidate ...I think this episode of Dominique Strauss-Kahn was the result of several things , number one , Sarkozy who has terrible ratings in France did not want him to run at the socialist ticket for the french presidential elections , Sarkozy is a friend of America so they want him back in office , also Miss Lagarde he wanted to get rid of her , says Bob Chapman , and that's why she is the front runner to take over the IMF chairmanship ,the reasons behind it all is that the Europeans want to use an SDR or the EURO
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