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Anybody Buy Gold and Silver?

Posted on 1/20/14 at 10:58 pm
Posted by RhodeIslandRed
Adrift Off the Spanish Main
Member since Aug 2009
3175 posts
Posted on 1/20/14 at 10:58 pm
I just bought a 110 ounces of junk silver coins at $20.09. Good move or bad?
Posted by I Love Bama
Alabama
Member since Nov 2007
37734 posts
Posted on 1/20/14 at 11:00 pm to
Depends on why you bought it.
Posted by mkibod1
South of the Donna Dixon Line
Member since Jan 2011
4744 posts
Posted on 1/21/14 at 11:02 am to
I may be wrong, but I thought quarters were 90% silver up until 1964, when they switched the composition of them to there current state (very little silver)...?


ETA: Coinage Act of 1965 was the change in a quarters composition. So any quarter dated 1965 or after is not 90% silver. The 90% silver coins will have a date stamped 1964 or earlier.
This post was edited on 1/21/14 at 11:05 am
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10988 posts
Posted on 2/5/15 at 4:27 pm to
If the dollar deflates by as much as some of you think, all that gold and silver won't help much.

It's like some of y'all think we'll be transported back to merry 'ole england. Taking the grocery getter to Starbucks and Whole Foods with our bag 'o gold coins.
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