Below are the 3 most recent journal entries recorded in junksilvercoin's InsaneJournal:

Sunday, April 11th, 2010
2:07 pm	Buy Junk Silver Coins may be call “junk silver,” but far from a junkie investment. Junk silver is a term thrown-on the coins by coin collectors because most of these coins won’t have a collector’s value. But junk silver has value in the eyes of silver investors. So, where do you find your next silver investment in junk silver? Here are a few ideas to start with. Rated from number one to five, we’ve listed five places to find junk silver as an investment. 1. eBay – rated number one because junk silver in thousands of varieties abound on eBay. If you’re looking for $5 dollars or $1,000 dollars of junk silver almost any amount can be found on eBay. In addition to the amount of junk silver, eBay also provides information on the credibility of each seller. As an investor buying your next asset, finding an honest seller could mean the difference between profit or loss. If you do decide to use eBay, it’s easier to find junk silver if you search for more specific junk silver. For example searching eBay for “junk silver” will turn up fewer results than searching for terms like: pre-1964 U.S. Circulated Quarters, or Batch of Silver 1964 Nickels. Also be aware of the sellers rating, the seller’s information can be found to the right of a listing under the heading: “Meet the Seller.” These ratings will provide you with the honesty and credibility of the seller. 2. Lynn Coins – is rated right below eBay only because of the slightly less amount of options. You can find bags of junk silver from $129-$2,175. Although the options are limited, buyers won’t have to spend much time searching. Unlike eBay’s thousands of choices, at Lynn Coins there are 10 choices. Even though the website looks a little out-of-date and somewhat unprofessional, Lynn Coins is a PayPal verified site—which means the sale has more security than third-party systems you might not know. Also, according to PayPal, Lynn Coins has been in business for seven years, and Lynn Coins has processed “3,406 buyers.” 3. C.C. Silver & Gold Inc. – this company offers a more professional approach. And for investors with a large purchase of $1,000 or more, C.C. is a better option than eBay. Unlike CMI, C.C. seems to have more coin choices as well, as of now C.C.’s website is showing options for Morgan Dollars, Peace Dollars, and 90% Silver coins with U.S. Half-dollars, Quarters, and Dimes all dated before 1964. While browsing the selection, I noticed non-users will be confused at the process of purchasing what she is looking for. I had a hard time knowing what pull-down option to choose. So, if you don’t use the Internet well, CMI might be a better option. 4. CMI Gold & Silver – Offers junk silver bags to investors worried about professional businesses. Just take a look at the spotless design of CMI’s website. Now there’s a professional website. Anyways, a professional website does not necessarily increase the returns of an investor, and in this case CMI does offer junk silver at the same premium of silver bullion. One of the downfalls of CMI is the lack of an on-line store. CMI wants buyers to call CMI as to “help you make the right decision for your precious metal investment.” However, professional CMI’s website, requiring investors to call CMI is rather inconvenient. For the Internet users, CMI is not for you; however, for some CMI is the place. 5. Monex Deposit Company – Along with the professional image CMI casts, Monex casts the same. Or it might be egotism, either way Monex says it “[has] led the industry in silver coin investing programs.” But that claim is hard to verify. Again, Internet shoppers will be disappointed because Monex wants you to call an account representative before you can make a purchase. To concluded this article in rather simple terms, if you love the Internet use eBay, Lynn Coins, or C.C. Silver & Gold Inc., but if not use CMI or Monex. Likewise, if you have a limited amount of money, less than $500, use eBay, or Lynn Coins, but if you have more than $500 go to C.C. Silver & Gold Inc, CMI, or Monex. Junk Silver Coins Junk Silver Bags Junk Silver Bags Please read about Junk Silver Coins as best method of invest silver on Wiki-style website at http://www.silver-bullion.info/ (Comment on this)
2:07 pm	Junk Silver in Junk Silver Bags Junk silver coins are typically sold in bags. The reason is that because of their circulated condition, there's no particular need to protect each individual coin. They are being sold primarily for their precious metal content. Junk silver can be purchased in bags of coins composed of either 90% or 40% silver. Junk silver bags sold by major dealers typically contain between $1000 and $10,000 in face value. A $1000 face value junk silver bag will weigh approximately 55 pounds. For 90% silver coins, such a bag will contain about 718-720 ounces of silver. For many investors, that much silver is more than they'd like to purchase. Ebay is a good place to find smaller junk silver bags. In addition to US coins, you can find bags of junk silver coins from all over the world on Ebay. Canada and Australia are two common sources, and Chinese junk silver coins can occasionally be found as well. If you keep a close eye on the price of silver, you can often find bargains on Ebay. You can sometimes even pick up junk silver for less than its meltdown value, although most often the coins trade at a modest premium. Just be sure to check the coins you receive to ensure that their issues have the silver content claimed by the seller, especially when dealing with overseas issues. Another advantage to purchasing on Ebay is the ability to buy many different types of silver coins for the same investment amount. Because premiums over melt value fluctuate from coin to coin, it pays to diversify, as with any other investment. Bags of silver do offer several investment advantages. First they provide small increments of barter. Secondly, the bag carries a low premium over spot silver. Thirdly, they are legal U.S. tender. Finally, silver bags are recognized around the world as a trading medium and are therefore very liquid. Junk Silver Coins Junk Silver Bags Junk Silver Bags Please read about Junk Silver Coins as best method of invest silver on Wiki-style website at http://www.silver-bullion.info/ (Comment on this)
2:06 pm	Junk Silver Bags Junk Silver Bags Description The term 'junk silver' can be misleading. This form of silver is quite popular among many survivalists because the coins that make up bags of junk silver are actually legal United States tender. Bags typically refer to bags of coins whose face values total $1,000. Half bags contain a face value of $500. For many investors, that much silver is more than they'd like to purchase. Ebay is a good place to find smaller junk silver bags. In addition to US coins, you can find bags of junk silver coins from all over the world on Ebay. Canada and Australia are two common sources, and Chinese junk silver coins can occasionally be found as well. Junk silver can be purchased in bags of coins composed of either 90% or 40% silver. 90% Silver 90% junk silver is probably acquired more often than 40% silver. 90% silver bag contain worn pre-1965 dimes, quarters or half-dollars in any combination. Prior to 1965, silver American coins were composed of 90% silver and 10% copper. $1,000 face value bags of 90% silver weigh about 54-55 pounds and contain a gross weight of 800 troy ounces. The pure silver content of these coins is approximately 715 troy ounces. 40% Silver 40% silver bags consist of only worn Kennedy clad half-dollars minted between 1965 and 1970. These coins have an outer layer composition of 80% silver and 20% copper and are bonded to an inner core of 20.9% silver and 79.1% copper. Slightly less heavy than 90% bags, these $1,000 face value bags contain approximately 295 troy ounces of pure silver. Investment Advantages Bags of silver do offer several investment advantages. First they provide small increments of barter. Secondly, the bag carries a low premium over spot silver. Thirdly, they are legal U.S. tender. Finally, silver bags are recognized around the world as a trading medium and are therefore very liquid. Junk Silver Coins Junk Silver Junk Silver Please read about Junk Silver Coins as best method of invest silver on Wiki-style website at http://www.silver-bullion.info/ (Comment on this)