Curious to what yaall do!?

F

freqflyer4u

Jr. Member
Dec 9, 2013
21
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been there...done that
Primary Interest:
All Treasure Hunting
Curious to what ya'all do!?

So I've come to a crossroads with CRHing and I'm really wondering which way to go. I know its ultimately my choice and this IS a hobby (which I do thoroughly enjoy!)....BUT a hobby with a purpose ;) Do you guys stack what you find and then trade in your 40%s for more Ag (ie 90%s or ASEs) OR do you guys stack what you find then take it into a LCS and trade them for numismatic coins? Say more "collectible" coins (obviously most are 90% Ag).

I haven't decided which way I would like to go....and would really like to know how you all go about it and what you keep or trade for! Thanks all and HH!
 

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I am saving my 40% silver halves to trade up for a gold coin, I am not sure what kind, maybe 1/2 oz AGE or a gold indian. Even though silver and gold are relative in pricing, I am waiting for PM's to go up and play the waiting game for them to go back down so I can buy some gold.
 

I've sold 60 40s and put it towards my bankroll. I've kept everything else. The more I search with the more I will find.
 

50cent said:
piracy hurts us. My honest advice is to stick to CD. you get the cover art, its a tangible item.
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hell yeah and getting a cd means you can play it on any device, it ain't like buying something off iTunes and only be able to listen to it on iPods.
 

Eminem said:
hell yeah and getting a cd means you can play it on any device, it ain't like buying something off iTunes and only be able to listen to it on iPods.
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Thanks for the laugh haha. Can you sign a half dollar for me slim? Maybe a few hundreds too...
 

fishwhacker said:
Thanks for the laugh haha. Can you sign a half dollar for me slim? Maybe a few hundreds too...
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dawg I marked a handful of half dollas "em" maybe you'll find one. And I won't give you hundreds I'm so cheap I can turn your happy meal sad
 

Since starting this silver collecting by hunting rolls, I've sold only $220.00 worth of face value 40% coins. I used the money from the sale to pay for a new patio and a new hand gun, about $2,000 worth of purchases. The sale was when silver was up, but it still feels pretty good to know we have so little actual cash invested in these things. I now have a pile of coins bigger than what I sold off just waiting for silver to gain again and buying something else for the house or another gun. I have never sold the 90% coins as they are a long term hold item.
 

I have never CRHed; but I do keep my silver, my pre-1950 nickels, and my wheat cents that find when using a metal detector. When I worked as an auditor for some convenience stores, I used to find a silver dime, silver quarter, and a wheat cent occasionally while counting the money in the cash drawers. I was really surprised a few days ago when I got a steel penny in some change at the Walmart!!!
 

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I keep it all. And honestly I love looking into the safe and seeing them filled to the top :D
I have sold/traded and I'm pretty happy with my trades.
Wicka
 

I probably view this hobby a little differently than most on here. The real return on investment occurs when you find a silver coin for face value. You are never going to come close to matching that return no matter how long you hang on to that silver after you have found it. In most times commodity prices just don't fluctuate that much. I'm basically hanging on to mine to see if it goes up a little bit in the near term. Waiting for it to go back to $40 or $50 will probably take long enough that there would have been much better investment options over that same time frame
 

fish on! said:
Waiting for it to go back to $40 or $50 will probably take long enough that there would have been much better investment options over that same time frame
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What other better investment options would you recommend in the meantime? Lets just say I have a few thousand ounces or so acquired at face or less, what should I do with it if I don't want to wait for silver to hit $40-$50 an oz.?
 

maverick said:
Me personally, I just keep putting it all away for a little later in life, IMO you will loose everytime you trade out 40's for 90's, Silver is Silver 40 or 90, that's the way I look at it, when Silver goes up, 40%'s go up too just like 90's, so I would never consider trying to swap out my 40's for 90's, plus I love looking at all the 40's I've collected these past few years, it's really quite impressive I think :). HH, Maverick.
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This.
 

I stack for a hobby, with sidelines interest for the grand-kids to get into coin collecting, and finally as a small short/long term investment to supplement my current soc sec income now getting.
 

diggummup said:
What other better investment options would you recommend in the meantime? Lets just say I have a few thousand ounces or so acquired at face or less, what should I do with it if I don't want to wait for silver to hit $40-$50 an oz.?
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If you have any debt that has high interest that isn't tax deductible then pay it off. Otherwise, sell the silver and invest it. The stock market is probably due for a correction, so that is out. The bond market is probably going to crash sooner rather than later, so that is out. If I had 3,000 ounce of silver right now, I would sell it and take the $60,000 and use it as a sizable down payment on a rental property. Interest rates are still hovering near historic lows, housing prices have come no where near to bouncing back to pre-crash levels and rent prices never took a hit. That's what I see as the smartest investment at the current time. I guarantee if you did this and sold the house at the end of 10, 20,30, 40, or 50 years you would have beaten the silver investment by a huge margin.

Edited to say: I do not think there is any significant chance that silver is going to hit $40-$50 an ounce within the next ten years again.
 

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