why do you CRH?

[eolson3]

So why do you CRH is the end near? just a hobbie? a few bucks?

 

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[mlayers]

I do this while I am sitting around and watching TV. I find some silver now and then But it has been a little slow for me lately. I have had 16 boxes of halfs that all have been skunks. So I started doing some dimes in between the halfs. It helps past the time....Matt

 

[BuffaloBoy]

Hobby. I am not in this to sell, just to get silver at FV

 

[gordon and tanner]

I found an old nickle in change about 2 1/2 years ago. I bought a nickle book and began searching. I CRHed as a kid, so I started getting rolls. I stumbled on to this website doing a search for "coins found in pocket change". It took me over a year to move from nickles to halves. I have not sold any coins, (well a few pre 1960 nickles and 3 red seal $2 bills). I introduced my son to this hobby at the beginning because he was always collecting things. We have had a ball and have met some really nice folks on this board.

Gordon and Tanner

PS - I am still amazed at what everyone finds in circulation.

 

[vetteguy96]

I'm a Disabled Vet...VERY limited income and totally dependent on my Disability pay. If the dollar/our economy goes belly-up, I'm screwed.

Our lives have been in a meat grinder for several years....(Fought the VA for 23 years), and since Hurricane Charley in 2004, things have been hairy.

...I shoulda gotten all over Silver MANY years ago, but wasn't in a place and time where I could get my mind around it and as a consequence, have only RECENTLY started buying Silver and then discovered CRH.

I'm not finding anywhere NEAR what some guys are finding, but will CRH whenever the budget allows. My wife is eyeballing a Whites Coinmaster Pro or Prizm 6G if we can ever squeeze out the bux, and we'll start dirt-sniffing too.

Hope all your hunts bring TREASURES!

Dan.

 

[MentalUnrest]

I do it for the money. I metal detect as a hobby. CRH is all about the money.

 

[kb4iqm]

I mainly do it as a hobby to add to my coin collections. Having circulation grade silver on hand for barter is good insurance for if and when the fiat currency reign ends. Fine silver and gold might be more preferred by some for investing, but the common John or Jane Doe on the street doesn't know bullion from circulation grade. Bullion is best used to hold some assets that might need to be converted to whatever replacement currency we end up with. When it comes to bartering for supplies, would you rather hand over your higher premium PM bullion, or less expensive circulation grade PM coinage for that loaf of bread or bag of groceries? I know personally, I prefer low premium circulation grade silver that more people know and are already familiar with.

Bob

 

[clovis97]

Out of sheer luck, I scored a solid roll of silver at a bank. I had no idea that silver was so valuable.

When I learned that more silver might be in the system, I got hooked. At first, I was saving my little stash of silver, and I was going to sell it for a handsome profit when silver hit $50. Now, I've decided that it is worth keeping for the long haul.

In the mean time, I've gotten hooked on CRHing for silver, even though I am at 14 straight skunks.

 

[Diggin-N-Dumps]

I do it for the money. I metal detect as a hobby. CRH is all about the money.

I really do it as a hobby, both detecting and CRH'ing...and at the end of the year I use my dirty clad to buy MD related things..But for some reason, I just cant let go of that Silver

 

[fistfulladirt]

I mainly do it as a hobby to add to my coin collections. Having circulation grade silver on hand for barter is good insurance for if and when the fiat currency reign ends. Fine silver and gold might be more preferred by some for investing, but the common John or Jane Doe on the street doesn't know bullion from circulation grade. Bullion is best used to hold some assets that might need to be converted to whatever replacement currency we end up with. When it comes to bartering for supplies, would you rather hand over your higher premium PM bullion, or less expensive circulation grade PM coinage for that loaf of bread or bag of groceries? I know personally, I prefer low premium circulation grade silver that more people know and are already familiar with.

Bob

I don't think your silver will hold much value at that point, at least in bartering (if it will even be legal to barter to begin with). You'd do better to cash in the silver beforehand and stock up on desirable commodities, such as alcohol, tobacco, foodstuffs, ammo, etc, etc.

 

[47thelement]

Because I'm a republican! Our current "Leader of the Free World" is driving us into socialized poverty. Precious metal will be the only true currency. I'll stop now before moderator edit.

 

[kb4iqm]

I mainly do it as a hobby to add to my coin collections. Having circulation grade silver on hand for barter is good insurance for if and when the fiat currency reign ends. Fine silver and gold might be more preferred by some for investing, but the common John or Jane Doe on the street doesn't know bullion from circulation grade. Bullion is best used to hold some assets that might need to be converted to whatever replacement currency we end up with. When it comes to bartering for supplies, would you rather hand over your higher premium PM bullion, or less expensive circulation grade PM coinage for that loaf of bread or bag of groceries? I know personally, I prefer low premium circulation grade silver that more people know and are already familiar with.

Bob

I don't think your silver will hold much value at that point, at least in bartering (if it will even be legal to barter to begin with). You'd do better to cash in the silver beforehand and stock up on desirable commodities, such as alcohol, tobacco, foodstuffs, ammo, etc, etc.

Already well stocked in those departments and always adding to the the stockpiles in rotation. I don't think the government will really have any say on the legalities of bartering in places like here. The mountain folk around these parts have little use for the govt.

I've been watching the silver price fluctuations for years, seen the obvious signs that silver prices were being manipulated artificially low by big players as they were pumping lots of physical silver out of the market at the lows they were creating. When they hit the bottleneck of supply vs demand, I knew the prices would rise rapidly, so I bought a load of silver bullion. I couldn't afford to buy gold, besides, I felt silver was promising to perform better.

I told all of my friends to buy circulation grade silver coins. Those that did are real happy for listening to me, those that didn't are now regretting it.

I took my own advice, shopped around and stocked up on rolls of circulation grade silver coins. The silver I get now through CRHing is icing on the cake, and adds to my numismatic collections. The rolls I bought before are junk silver, not much in the way of numismatic value. I bought them at the lowest price per roll that I could find at the time.

I CRH for more than silver though. I do nickels for numismatic purposes, not for bullion. I do pennies for both, numismatic purposes, and stockpiling the coppers for copper bullion. I'm banking on the bet that the govt will eventually drop the melt ban when the percentage of copper cents in circulation falls low enough. If not, then I could always sell coppers off on feebay.

Bob

 

[santafeboy]

I do it cause I love finding silver coins and Im somewhat bored with my metal detecting finds ( only 4 silvers found) versus close to 400 found coin roll hunting. I still detect on Saturday afternoons and Sundays and when the banks are closed

 

[fistfulladirt]

I mainly do it as a hobby to add to my coin collections. Having circulation grade silver on hand for barter is good insurance for if and when the fiat currency reign ends. Fine silver and gold might be more preferred by some for investing, but the common John or Jane Doe on the street doesn't know bullion from circulation grade. Bullion is best used to hold some assets that might need to be converted to whatever replacement currency we end up with. When it comes to bartering for supplies, would you rather hand over your higher premium PM bullion, or less expensive circulation grade PM coinage for that loaf of bread or bag of groceries? I know personally, I prefer low premium circulation grade silver that more people know and are already familiar with.

Bob

I don't think your silver will hold much value at that point, at least in bartering (if it will even be legal to barter to begin with). You'd do better to cash in the silver beforehand and stock up on desirable commodities, such as alcohol, tobacco, foodstuffs, ammo, etc, etc.

Already well stocked in those departments and always adding to the the stockpiles in rotation. I don't think the government will really have any say on the legalities of bartering in places like here. The mountain folk around these parts have little use for the govt.

I've been watching the silver price fluctuations for years, seen the obvious signs that silver prices were being manipulated artificially low by big players as they were pumping lots of physical silver out of the market at the lows they were creating. When they hit the bottleneck of supply vs demand, I knew the prices would rise rapidly, so I bought a load of silver bullion. I couldn't afford to buy gold, besides, I felt silver was promising to perform better.

I told all of my friends to buy circulation grade silver coins. Those that did are real happy for listening to me, those that didn't are now regretting it.

I took my own advice, shopped around and stocked up on rolls of circulation grade silver coins. The silver I get now through CRHing is icing on the cake, and adds to my numismatic collections. The rolls I bought before are junk silver, not much in the way of numismatic value. I bought them at the lowest price per roll that I could find at the time.

I CRH for more than silver though. I do nickels for numismatic purposes, not for bullion. I do pennies for both, numismatic purposes, and stockpiling the coppers for copper bullion. I'm banking on the bet that the govt will eventually drop the melt ban when the percentage of copper cents in circulation falls low enough. If not, then I could always sell coppers off on feebay.

Bob

So, exactly what use will mountain folk have for silver coin if the dollar crashes? Trade it in on euros?

 

[kb4iqm]

So, exactly what use will mountain folk have for silver coin if the dollar crashes? Trade it in on euros?

Or Ameros, or whatever federal or local currency evolves after the crash of the FRN. If you haven't followed the states level news lately, more and more state legislatures are voting to study at committee the use of PM based money at the state level to replace the failing FRN. Some states already have and some are working to legislate the practice of monetizing PM coinage at PM value. This sort of news does not usually end up making the national media.

Mountain folk buy and sell locally just like other folk that don't live in the mountains. Where I live, we don't have to wait for the crash of the FRN. The use of alternative currency is already alive and well. There are already purchases between neighbors, and even some local stores, that buy and sell using PM coinage at PM prices.

The local mom & pop neighborhood store was the first to do this here that I know of. As of yesterday, I was told that they were trading ASE's at $50. You can buy $50 in groceries with an ASE, or buy an ASE from them for $50. No buy/sell change in price either way, just being used as a common currency there. They will also accept circulation grade silver coinage at higher than spot in order to encourage the use of silver coinage, don't know what their current buy/sell rate is for those. I don't go in there often, or buy much from them yet. Their shelf prices are higher as compared to places like Wal-Mart, but they are handy if I need a gallon of milk or a loaf of bread. I've bought CWRs that are marked as from them at the bank, needless to say no silver in their dime or quarter rolls.

But I really should digress here. This discussion really has nothing to with the primary topic of this thread. As I had already stated, I CRH primarilly for my coin collections, and I will not sell the silver I get from CRHing until I have no other choice.

Bob

 

[ancesthntr]

I do it for the money - but not for now, for later when the jackasses in DC finally skunk the dollar. Geez, Louise, a single pre-'65 dime will nearly buy a gallon of gas, and gas wasn't that cheap back in '64 (it was closer to a quarter). Postage, bread, subway fares, cars, etc. have all gone up in price by a factor of 10 since '64, not that the official CPI figures would tell you that (the lying bastages).

I regret having sold about $200 worth of 40% 3 years ago (though I did buy some semi-collectible silver with it, so it wasn't a total washout), and I'll never do that again. Someday the dollar will no longer be the world's reserve currency (maybe within 2-3 years, maybe as long as 10 years, and when that happens the dollar price of silver (and every other intrinsically valuable commodity) will rise quite a bit more than they already have. I'm saving up my silver for that, and meanwhile enjoying being able to pick up 40% and 90% coins literally at face value.

I REALLY, REALLY regret not having started doing this 20 or more years ago - I'd have a fortune in silver by now, but better late than never. If I can obtain a few hundred ounces over the next 2-3 years, I'll be thrilled. In the meantime, I'm also stockpiling nickels (culling out the '09s, pre-'60s and looking at every 2005 buffalo for that elusive spear (haven't seen one yet), and going after pre-'82 pennies. Maybe I'll start on dimes, see how that works out for me - though I have a feeling that it'll be very frustrating, I think its worth a shot.

 

[ancesthntr]

"Bullion is best used to hold some assets that might need to be converted to whatever replacement currency we end up with. When it comes to bartering for supplies, would you rather hand over your higher premium PM bullion, or less expensive circulation grade PM coinage for that loaf of bread or bag of groceries? I know personally, I prefer low premium circulation grade silver that more people know and are already familiar with."

What's great about the circulated coins (so-called "junk silver") is that: 1) people recognize it; 2) you get it for face value (try that with an ASE or any other .999 coin or bar); and 3) it is in much smaller denominations (i.e. amount of silver) than the coins/bars (which are almost universally 1 ounce per). A war nickel has 0.0563 ounces, a dime has 0.0723. a quarter 0.1808, a 40% 0.1479 and a 90% 0.3617 - so you can buy a loaf of bread for a dime or 2, or maybe a quarter, instead of an entire ASE (which was bought at spot plus a premium, and which few can make change for with actual silver).