Should I buy Silver and Gold?

[peanuts]

The Great Wild Silver Hunt is over! After nearly 4 years of scouring local banks and credit unions I've searched 3,000,000 dimes and found 2025 silver, a ratio of 1/1481. That is about 1 silver dime per 30 rolls, but much higher this year. These finds are from 16 banks and credit unions mostly within a 15 mile radius of my house. The breakdown is as follows: 2011--417 silver out of 400,000 searched, 1/959 includes several big finds 2 were over 100 silver dimes in a day. 2012--718 silver dimes out of 1,183,050 searched or 1/1648, 2013-- 683/920,000 or 1/1347, one big find of 157 in a day, at mid year banks stop selling me bags of 10,000 dimes, 2014--207/496,950 ratio 1/2401, bank machines seem to be sorting out most silver dimes and nearly all Canadian based on metal content and weight although some still get through counting machines.

Ratios in 500,000 increments 1st 500 K-- 488 ratio 1/1025, 2nd 500K-- 330 ratio 1/1515, 3rd 500K--272 ratio 1/1838, 4th 500K--441 ratio 1/1134

5th 500K--282 ratio 1/1773, 6th 500K-- 212 ratio 1/2358. Wild silver is still out there if you are willing to search for it. Total dollar value based on current silver melt for my 2025 dimes is $2514. I'm holding the coins as silver is very low right now at 12.4 X face value.

---------------------billy

Congrats, Billy! I am impressed with your accomplishment. That's a nice pile of silver you have, now, and at an incredible bargain! What was the oldest dime? What was the best dime that you found? I'm sure it was a good endeavor just to keep your hands busy while the knee was on the mend. Maybe you got to flirt with some cute tellers, too...

[billyjoe]

Congrats, Billy! I am impressed with your accomplishment. That's a nice pile of silver you have, now, and at an incredible bargain! What was the oldest dime? What was the best dime that you found? I'm sure it was a good endeavor just to keep your hands busy while the knee was on the mend. Maybe you got to flirt with some cute tellers, too...

Peanuts, Found 3 Barber dimes (pre 1916) and 1 Seated Liberty dime from the 1860's. Most valuable was probably only in the $5 range. Found lots of Mercury dimes, maybe 100 from 1918-1945. Now the long hold until silver reaches 30X face value then I'll consider selling.

-----------------------billy