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[Miami]

I am looking for some info. on the cheapest silver out there. you know how you can go to the grociery store and compare prices by the ounce to find out which is really a better deal? I like buying the one ounce generic silver rounds for .75 cents over spot my self. But I was wondering what is acutually the cheapest form of silver out there to buy at a time. I am not talking about the one ouncer's either. How much is it to buy one 90% silver dime, or war time nickle. Just one of them. 2) And if anyone knows the formula for finding out how much silver is actully in a coin (.0602)please share. For example: A nickle is heavier than a dime, right? So I mean there's got to be more silver in it. If anyone knows a link or can paste this info. please do. Thank you.
P.S. Silver is getting ready to go to the moon!:)

[goldminer]

"...A nickle is heavier than a dime, right? So I mean there's got to be more silver in it..." Wrong. U.S. "War" nickels are only 35% silver. They were struck with an alloy of 56% Copper, 35% Silver, and 9% Manganese. Also, generic 1 oz. silver rounds should cost no more than 50-cents over spot. Most popular ighly sought Engelhard rounds frequently run about .75 over spot.

90% silver 1964 & earlier U.S. dimes, quarters, and half-dollars purchased at or near spot, provide more silver per FRN then any other form.

But my advice is to forget the U.S. "War" nickels (1942-'45) unless you can get them for next to nothing. They are only 35% silver: a 90% dime contains more silver than a 35% nickel. Too, the nickels are a more complex alloy and thus cost more to refine so refineries discount them quite a bit and won't buy them until they can't get any 90% or 40% coins. Additionally, it's virtually impossible to put a large number of the nickels together.

That said, here's info that will help you. Please note and respect the copyright information. It's mine....this is for personal use only please.

The Importance of Owning Physical Gold and Silver. Copyright 2002, 2004, 2005, and 2006 by The Glass Attic. All rights reserved. This material may not be reproduced in whole or part, in any form or by any means, electronic, mechanical, or otherwise including information storage and retrieval systems, without express written permission from the owners.

Dimes:
Contained .07234 oz. of .999 fine silver when minted.
An “average” circulated dime contains about .0715 oz. of .999 fine silver.
14 “average” circulated dimes contain about 1 oz. of .999 fine silver.

Quarters:
Contained .18084 oz. of .999 fine silver when minted.
An “average” circulated quarter contains about .17875 oz. of .999 fine silver.
5.6 “average” circulated quarters contain about 1 oz. of .999 fine silver.

Halves:
Contained .36169 oz. of .999 fine silver when minted.
An “average” circulated half contains about .3575 oz. of .999 fine silver.
2.8 “average” circulated halves contain about 1 oz. of .999 fine silver.

1965-1970 40% Silver Kennedy Half Dollars were struck with an outer layer alloy of .800 fine silver and .200 copper bonded to an inner core alloy of .209 fine silver and .791 copper.

A 40% Kennedy half contained .1479 oz. of .999 fine silver when minted.
An “average” circulated 40% Kennedy half-dollar contains about .1475 oz. of .999 fine silver.
6.8 “average” circulated 40% halves contain about 1 oz. of .999 fine silver.

1942-1945 35% Silver U.S. “War” Nickels were struck with an alloy of 35% .999 fine silver, 56% copper, and 9% manganese.

A 35% nickel contained .05626 oz. of .999 fine silver when minted.
An “average” circulated 35% nickel contains about .05585 oz. of .999 fine silver.
18 “average” circulated 35% nickels contain about 1 oz. of .999 fine silver.

U.S. Silver Dollars minted prior to 1936 were struck with an alloy of 90% .999 fine silver and 10% pure copper.

U.S. Silver Dollars were minted with .77344 oz. of .999 fine (pure) silver. This is just a little over 3/4 oz. of silver per coin. Don’t confuse these old U.S. Silver Dollars with U.S. Silver Eagle “modern bullion coins” (1986 to date) that contain a full ounce of .999 silver. “Morgan” (1878-1921) dollars in general trade at a little higher premium than comparatively worn “Peace” (1922-1935) dollars.

Determining the trading value of lots of 1964 and earlier “average” circulated U.S. 90% silver dimes, quarters, and half dollars:

Be aware that a 90% quarter contains 2.5 times as much silver as a 90% dime, and a 90% half-dollar contains 5 times as much silver as a 90% dime and 2 times as much silver as a
90% quarter. Money used to have REAL VALUE. Similiarly there was $2.50 worth of gold in a $2.50 gold piece (a quarter eagle), $5.00 worth of gold in a $5 gold piece (a half eagle), $10.00 worth of gold in a $10.00 gold piece (an eagle), and $20.00 worth of gold in a $20.00 gold piece (a double eagle).

If the truth be known, there are no dollars in circulation in the U.S. The coin act of 1792 defined a "dollar" as 371.25 grains of pure silver. If you do the math you'll find that this equates to .77344 Troy Oz...the precise amount of silver that the old U.S. "silver dollars" contain.

A $1000.00 face value bag of “average” circulated U.S. 90% silver dimes and quarters or any mix of the coins, contains about 715 oz. of .999 fine (pure) silver. A $1000.00 face value bag of “average” circulated U.S. 90% half-dollars generally contain a little more silver, perhaps 718 to 720 ounces, because most halves didn’t circulate as much as dimes and quarters. Smaller dealers and individuals generally use 715 oz. as the base amount when figuring the silver content and/or trade value of 90% dimes, quarters, and halves.

So a $100.00 face value bag of “average” circulated 90% dimes & quarters contain about 71.5 oz. of silver, a $10.00 face value lot contains about 7.15 oz. of silver, and a $1.00 face value lot about .715 oz. of silver. And a $1.40 face value lot of single denomination or mix of pre-1965 90% silver “average” circulated U.S. dimes, quarters, and half-dollars, contain about 1 oz. of .999 fine silver.

1. Spot x .715 = the actual amount of silver in $1.00 face value of 90% dimes, quarters, half-dollars, or any mix of these coins, and Spot x .715 = the number that multiplied by the face value of a lot of coins, gives the amount in dollars (“X”), at which the lot of coins will trade (S x .715 = “X”).

As an example: If the current spot price of silver is (say) $12.91, then 12.91 x .715 = 9.23. Thus 9.23 is the number that multiplied by the face value of a lot of coins, gives the amount in dollars at which the lot of coins will trade.

At a $12.91spot dealers selling 90% coins will say “I’ll take 9.2”, meaning the dealer will sell the lot of coins for a dollar amount equal to 9.2 times the face value of the lot.

2. The value of the silver in a lot of 90% coins divided by the face value of the lot, gives the number x face value amount at which a lot of coins will trade (VS / FV = “X”).

As an example: A $10.00 face value lot of 90% average circulated coins contain about 7.15 oz. of pure silver. If the current spot price of silver is $11.50 per ounce, then the value of the silver that the lot contains is 7.15 x $11.50, or $82.23.

The value of the silver ($82.23) divided by the $10.00 face value of the lot of coins is
8.223.

“8.223” x the $10.00 face lot of the coins is what the coins are currently worth. If a person is asked what s/he is willing to trade the lot of 90% coins (at the $11.50 spot), the person will say “8.22”, meaning a dollar amount equal to 8.22 times the face value of the lot.


3. The weight of a lot of 90% coins in Troy ounces x .9 x spot = the actual value of the silver that the lot of contains (WC X .9 = VS).


4. The face value of a lot of 90% coins x .715 = the actual amount of silver in ounces that the lot contains (FV X .715 = OS).

5. The number of ounces of silver in the lot of 90% coins x spot = the actual value of the silver that the lot contains (OS X S = VS).

6. Spot x .715 x face value of a lot of 90% coins = the value of the silver that a lot of “average” circulated coins contains (S X .715 X FV = VS).

The value of the silver contained in a lot of 40% (.295 oz. per $1.00 face), 35% (1.117 oz. per $1.00 face), or 80% Canadian dimes, quarters, half-dollars, and dollars (.592 oz. per $1.00 face) “average” circulated silver coins, can be determined by substituting (into a formula) the amount of silver that a $1.00 lot of these coins contain.

To determine the value of the silver contained in a $1.00 face value lot of mint-state uncirculated coins, substitute into the formulas: 90%: .7234 oz.; 40%: .2958 oz.; 35%: 1.125 oz.; 80% (Canadian): .600 oz.

[Miami]

If I were to buy 1 pre 1964 dime a day would that be considered an investment?

[goldminer]

Monetary investment? Yes if a person believes that the price of silver is going to increase. I do...and believe it will substantially increase in value over the next 10-20 years to conservatively $200.00 an oz.

But IMO far more important is my belief that anyone who holds a physical 90% dime (or holds any amount of physical silver and gold), is holding a store of real wealth for future security...as opposed to holding fiat US dollars or other nation's currency, all of which are nothing but pure debt. Couple this with the fact that the U.S. dollar is going to tank sometime in the next few years (9 maybe 10 at the most) , along with all the other paper instruments by any number of different names that have their value based in the fiat dollar (or other fiat currency). In the end all of these instruments are nothing but paper promises.

Do you know what happens to paper promises when for any reason(s) tshtf?