About Coins, US Constitutional Coins
It is important for me to learn the lingo and terms used around coins because it will be helpful in accurately describing coins and have a better understanding of coins in a more meaningful way.
Aside from books, much of today’s information on anything can be found on the worldwide web. This is from the Gainesville coin dealer website and an excellent illustration of the anatomy of a coin.
I found this to be very helpful in identifying the different “parts” of a coin.
The articles I produce on precious metals essentially describe how I stack and my thoughts on precious metals stacking and were written for myself, more than anything, as a reminder to stay the course.
Firstly, there is no such thing as one single way to stack precious metals. The rule of thumb is: buy only what you like! Also, it is the person's financial ability and goals that should determine how one accumulates his/her stack.
I personally started building the foundation of my stack with TWO types of silver bullion: American Silver Eagles and U.S. Constitutional Silver.
WHAT IS CONSTITUTIONAL SILVER?
Constitutional Silver is simply US coins (dimes, quarters, halves, dollars) minted before 1965. Up until that point coins made for US currency followed the Constitutional mandate and were minted containing 90% silver.
US Constitutional silver is sometimes called "junk silver".
Junk silver is an informal term used in the United States, United Kingdom, Canada, and Australia for any silver coin which is in fair or cull condition and has no numismatic or collectible value above the bullion value of the silver it contains. The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins; junk silver is not necessarily scrap silver.
U.S. Constitutional Coins:
The photos I used in this article were taken by a good stacker friend of his latest bulk pickup. He has a YouTube channel and on IG and goes by the handle name coin_sense_and_nonsense
.When I saw these photos, my resolve was once again made stronger to keep my course in building up the foundation of my stack of U.S. silver coins and fractional gold.
As it did for me, I am sharing these photos with the hope that you too will be inspired and motivated to STACK ON!!!
The photos in these articles are being used with the expressed permission by my friend.
😍#ilikeitalot!😍
Best Regards,
I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos and precious metals.Thank you for stopping by to view this article.
I post an article daily, and I hope to see you again soon!
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Thank you for this, it is really helpful.
Thank you for being first!
I am glad you find the article informative!
Have a great day, @da-prince!
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Very informative. I didn't know that much about constitutional (junk) silver before.
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Now you know... very good!
Should you be lucky and come across them in your daily life, keep them.
But if you prefer, you can get them from your local coin shop (LCS), @jfang003.
this is one cool article
Thank you, @monsterjamgold, for appreciating!
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How are you dear friend @ silversaver888 good night
The work you have done collecting is admirable, and yes, you are very right, you only have to get hold of the things you like.
have a beautiful night
Hello @jlufer.
For you, LOL!
Have a good night!
Thanks for keeping us educated with the interesting report, @silversaver888.
Thank you, @cve3! I know you appreciate US Constitutional coins as much as I do!
Stack on, my friend!
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Gotta watch this when I have the time!
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Nicely done, sis! Good information for folks who are just starting out! Hugs and kisses!🤗😘🌸💖
... as well as to me, LOL, I seem to be forgetting a lot of info... I think the effect of medication, or simply too much information. My mind is very selective!!!
Hugs and Kisses sis 🥰🌺🤙!!!!
😘🤗💖🌸 Just too much everything, I think; for me anyway!
Constitutional Silver, bullion, anyway you stack as long as you keep stacking....
You are very correct @silversaver888 there is no wrong way to stack! Very nice post my friend!😀
Yes, any will do!
For as long as it is silver, lol!
Have a great day, @silvertop 😀
Absolutely my friend you have a wonderful day as well @silversaver888!😀
So much better when we speak the same language and as a vital part of the Stacker's Lexicon.
Always, with love 🤗 🌺 💖
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I learn as I go, and share whatever I have learned with whoever is interested!
Hugs and Kisses sis 🥰🌺🤙!!!!
I didn't know all these things about coins! a very nice post with descriptions that are not very easy to find
Interesting, huh?!
Now you and I can describe a coin using the correct terms.
Have a great day @stefamon.massari!
Ms. Saver @silversaver888, Who Knew ??
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Such an informative and interesting post, I will look at coins in a far different way from now on :)
... and be looking for US coins 1964 and older! They are made of silver, except nickels and pennies, @tattoodjay!
I am always on the lookout to add to my junk silver stack. Right now my stack of "Constitutional Silver" is small. Well.. Smaller than I would want it to be, so I have been focused on building that lately. For a long time (years) I focused on collecting gold jewelry, at 40-80% of it's spot value. I would hit up thrift stores, yard sales and the like.. I accumulated enough I think LOL. I forgot about junk silver and silver in general. I am now trying to refocus and readjust that goal. we'll see. lol
Good informative article though! Love the coin guide and I even learned something. I am not very knowledgeable when it comes to coins, so I rely on reading... lots and lots of reading! 😆
Hehehe... I am learning as well!
For fractional silver, my go-to is US Constitutional silver.
So I've accumulated quite a bit.
I've been sorting them according to type, so I have a bag of each ongoing.
1964 JFKs are mostly BUs since they are easier to find.
But my favorite are the Walkers.
I see a lot of walkers here and there, but am always thinking I am paying too much for them. My cut off is $11.50 give or take. On occasion.. a RARE occasion.. I can pick one up near spot, like $10.25/10.50. For junk ones.. some of them the dates are barely legible.
Ah... that is one personal requirement, that the dates be legible!
But nevertheless, it's silver!
The more I pay the more my "requirements" come into play, otherwise .. like you say .. it's silver nevertheless.
Dig it! Nice to have some definitive anything these days… 👊🤩
Just stack anything, @thedamus!
Generics, US Constitutionals, bars, government bullion, semis, numismatics.... any!
CHEERS @thedamus!