Originally Posted by
silverheartbone
The total of $60 face is a bit misleading.
The one dollar face value American Silver Eagles are made from a whole ounce of .999 fine silver.
That is $1.39 in constitutional fractional coin silver.
CONSTITUTIONAL (fractional) SILVER $60 face in constitutional fractional silver is 0.715 ozt x 60 = 42.9 ozt silver
AMERICAN SILVER EAGLES $60 face = 60 ozt silver
$40 face value in American Silver Eagles actually contains $56 in constitutional silver.
Therefore for the remainder of this analysis, we will consider my recommendation as the purchase of $76 face in constitutional silver for $1000.
And that if I had recommended 8 rolls of Franklin quarters, then the $1000 could have been converted to $80 face. 
Remember according to the government,
$1000 today buys the same amount as $40 did the month the Federal Reserve system was imposed.
Back then our money was not fiat, but based on gold and silver in the treasury and in every bank.
The value of the dollar was defined by law, not bankster whim, and was very stable.
Dollars were hard to get, and a dime was a fair day's wage.
$2 a month, no taxes.
Now that banks can invent money with the click of a mouse button, everyone has access to lots of dollars, along with debt and taxes.
I believe that the government statistics are not true, and that it actually takes
over $1500 to buy what $40 did back before the Federal Reserve implementation.
However for the remainder of this analysis, I will assume that the government figures are accurate,
and that 40 constitutional dollars from 1913 are the same as 1000 Federal Reserve notes today.
Bottom line, you can take the equivalent of $40 from 1913 and exchange it for $76 (or $80) in real silver from 1913.
To me this is a no brainer. Of course I just wish I had the $1000. If any of you know someone who does, tell them.
If you can take advantage of what I am pointing out, when your ship comes in, remember who tipped you.
One good tip deserves another.
BTW, I strongly discourage anyone who does not have sufficient silver from buying any gold.
Due to a high supply, gold's price can be held down by the banksters even easier than silver's.
For an additional reason to avoid gold at this point, let's perform the same comparison back to pre fiat money.
Remember, today for $1000 we can get $80 in constitutional silver.
Pre-fiat gold was widely available, and a common coin was the $20 double eagle.
As you can see at the link, for gold, $1000 in fiat can not even get one a single $20 constitutional gold coin.
Back then a gold constitutional dollar was equal in value to a silver constitutional dollar.
The founding fathers knew a whole lot more about money and finances than our current leaders.
Bottom line TODAY for $1000 you can get 16 constitutional dollars (in gold) or 80 constitutional dollars (in silver).
Knowing this, why would anyone buy gold when silver is available?
It's junk Silver and likely will always be considered the same as it is only 90% pure, used and worn. Meaning it's true Silver content is just a rough guess and a bullion deallers agreed to standard of an average content of .715 ounces per one dollar of face value. It's normal resale value is less than an equal amount of pure Silver. However it does offer the lowest cost for purchasing what would amount to fractional Silver, especially using quarters and dimes, with dimes being the best buy for very small fractional Silver and the most logical choice if you are really wanting to protect yourself against the unknown. You can buy 90% dimes for a few pennies each versus many times more that price for pure Silver Fractional bullion rounds. If your looking to protect yourself, then I have to agree that 90% looks to be the best option at this time. You never know when a mint or dealer is going to make an offer too good to pass up for fractional. Keep in mind it's still only an ounce of Silver they trying to sell. Assuming It's a legitimate dealer or mint there are probably eating the production cost to reduce their inventory for something that isn't selling very well. Westminster mint was a fine example of that several months ago selling 1/4 ounce Silver rounds for something like 24 cents in premium and that lasted for some period of time. I don't know why they were doing that or how many the mint had to sell. But I bought ten of them just to see if they were any good and the weight was ok. What I found was they were smaller around but thicker than the ones I bought from GSM. The weight was right on and the quality was better than what I had received from GSM. So even though 90% is usually the best deal for fractional when the premiums are within reason, they are not always at all times. That said I know of no other deals at this time to even compete with 90% for fractional Silver. Just jeep in mind that 90% is considered junk Silver and it can sell back for much less than other generic Silver depending on the market or it can possibly sell for more, but history has it selling for a little less, so there is some gamble buying junk Silver. It may not be much but it's there and could he worse at the wrong time or better at the right.
Last edited by valerb; 26th August 2018 at 21:14.
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