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Today I would like to talk about the value of silver.
Coin roll hunting is a very easy way to obtain silver and to my knowledge I can think of no other way to do so for free outside of using a metal detector and digging into the earth.
That’s right,silver coins can be found today in circulation. Here is a quick history… in 1964 our government decided they would no longer be Minting quarters and dimes out of 90 percent silver instead switching to copper, a relatively inexpensive metal. The only exception being half dollars which were minted out of 40 percent silver for 1965 to 1970 before switching to its copper counterpart. This literally robbed that generation of its last bit of common wealth.
Our government sure saw it coming back then even if we did not. To think a 10,000 dollar investment would have yielded a 190,000 dollar profit, not a bad return. If you visit the website Coinflation.com you can see the current melt price of your silver change.
Everyone knows Silver IS valuable. It’s roughly 40 dollars per troy ounce. It’s current monetary value while excellent however is not why I search for now, or why I am posting this video and blog post to teach others how to obtain it.
It’s wise to collect precious metals such as gold silver and even copper in case we ever have a total economic collapse. If that ever happens paper (FIAT) money eventually becomes useless. Precious metal such as silver and gold ultimately become currency underneath the collapse.
God forbid, no one likes to think about it but there’s nothing wrong with being proactive and preparing for that possibility. Investing in silver is a wise choice in itself for its post economic collapse trade value but I still believe it’s far too expensive to buy at 35 to 40 dollars per ounce. If you hope to obtain a lot freely, coin roll hunting is the way to go.
My goal was to obtain at least 200 troy OZ in a silver while coin roll hunting for free before stashing away, and I did just that. I intend on showing you how to as well.
First of you need to be a member in good standing with your local banks because it is the bank in which we hope to obtain our silver from. The key is buying thousands and thousands of coins at a time in hopes of finding a few pieces of silver. While free it takes time and some startup money and that is something to keep in mind also before starting.
To put things in perspective my normal routine for Coin Roll Hunting is as follows:
#1 I Place an order with my bank to order a box of rolled coins.
Boxes usually come as follows:
One 500 dollar box of half dollars
One 250 dollar box of Dimes
One 100 dollar box of nickels
One 500 dollar box of quarters
Each box containing 50 rolls of it’s denomination.
Next it’s as simple is going through each coin to see if it’s silver or not. Now there are 3 ways to tell if your coin is made out of silver or not.
First by age. Any dime or quarter older than 1965 is silver. Any half dollar older than 1971 is silver. Any nickel between the dates 1942 to 1945 is silver as those years World War II requested as much nickel as possible forcing the Federal Reserve to mint its nickels out of silver during those years instead of nickel.
The drop test. Essentially this is a hobby you can participate in without the use of your eyes. Just drop a silver coin on the table. The ring is very distinct in comparison to its copper version. I promise you after hearing it once you will never mistake it for anything else.
Lastly, it looks different. The coloration has a different hue. While the half dollar stands out like a sore thumb dimes may be tricky for novices or weak eyes like a spot. You can always use a magnifying glass or eyepiece to scan the piece. Also if you hold the roll together you can cheat in a way by scanning the sides. You will clearly see the difference if you come across silver this way.
Great so we have obtained some silver pieces but we have possibly thousands of dollars of change laying around. What to do? You have 2 options.
First you can roll it up manually and return it to the bank. If you’re doing this I do not recommend returning it to the bank or even branch you picked it up from. Not only will you piss the tellers off but next time you pick up change you may face getting the same dump you dropped off.
Your other option is dumping them into a coin machine. Most coin machines strip 10 percent of your dump and turn this hobby into a money pit so I would avoid those machines. Luckily some banks offer coin machine services at no cost for its members. I recommend dumping it to those machines but once again avoid dumping into a bank you pick up at or you may see your recycle.
And there you have it. Basic knowledge and tips of coin roll hunting for silver to aid you in a potential economic collapse. If I decide to make another video it will be on penny searching. Its as interesting as silver hunting and the return on your investment is quite astonishing. That’s all for now. If interested I may post a blog and video on the joys of penny hunting. The topic is quite interesting and you may yield a better return than you would ever hope to believe.