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Five Magic Words to get Free Silver from FDIC banks. Is this real?

 
ZeroBidWinner
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07/12/2013 04:58 AM
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Five Magic Words to get Free Silver from FDIC banks. Is this real?
[link to pro.stansberryresearch.com]

[link to stockgumshoe.com]

We’re rerunning this piece because it continues to be one of the most asked-for explanations on the Stock Gumshoe website. What follows below was originally published in mid-2012, it has been updated for the change in silver values but otherwise remains unchanged.

Dr. David Eifrig over at Stansberry’s Retirement Millionaire newsletter has been teasing us with “five magic words” that he says you can use at your local bank to get free silver........
does this work?
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Anonymous Coward
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07/12/2013 05:15 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Sure. Just find the bank where they ordered a ton of half dollars in about 1963 and just left them there because nobody asked for them in the last 50 years, and boom, rich.

Other than that, you might find 1 in a thousand. But you can't lose money at it, only time and effort.
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07/12/2013 08:27 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
It's called ROLL SEARCHING, no mystery, no 'secret' trick. Go to the bank, ask for rolls of dimes, quarters, or halves and then search through them for the pre clad composition ones with no copper showing at the edges- these have a high enough silver content to be worth more than face value.

The catch is that this has been very well known to precious metals people for many, many years and the coinage in circulation has been cherry picked almost to death but you can still get lucky once in a while. What's your time worth?
Sikhed
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07/12/2013 09:52 AM

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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Absolute BS. The silver coinage has been picked threw for the last 49 years. By consumers, the banks, and the Federal reserve. There is no silver in circulation.
doom360
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Absolute BS. The silver coinage has been picked threw for the last 49 years. By consumers, the banks, and the Federal reserve. There is no silver in circulation.
 Quoting: Sikhed


Actually, there is, but it's very rare. I got a box of nickels last year and found 3 silver ones, but it's tedious work because you have to read the dates rather than looking at the edges.

Rolls of pennies still have quite a few 1982 and older, which are 95% copper rather than zinc. Quarters and dimes are still mostly copper, which still is worth something even if it's not silver.

[link to www.coinflation.com]
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robomont
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07/12/2013 10:26 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
theyre still out there.kids swipe them and spend.i found lots of silver while working as a store clerk five years ago.if i lived in a down town area with a bunch of banks.it would be my hobby.buy a thousand quarters.go through them then cash in and repeat.take all change to one bank and buy from the others.silver dimes are out there and more prolific.
beeches

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07/12/2013 10:29 AM

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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
I know someone who does this for a living. Not sure which metal he is going after.

involves a machine that can check a huge amount of coinage in a short time.

No fool he.

Legal, but barely.

Last Edited by beeches on 07/12/2013 10:31 AM
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Anonymous Coward
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07/12/2013 10:49 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
checked over 500 boxes of halves since 2005 , total haul less than 250 silver halves including the 40 % ones.

only worth it cause the kids do the checking for fun and too fill out their halve collections . Plus I can dump them at my bank for no charge at the coin counting machines.

frankly think a person could have donated blood once a month for cash and come up with a hell of lot more silver for a lot less hassle.
Anonymous Coward
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08/31/2013 05:44 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
This is a stick up?
fluck you namecaller
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08/31/2013 05:45 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
.
Anonymous Coward
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09/02/2013 08:56 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Absolute BS. The silver coinage has been picked threw for the last 49 years. By consumers, the banks, and the Federal reserve. There is no silver in circulation.
 Quoting: Sikhed


That's BS. I recieved a 1961 quarter in change from Walgreens about two years ago, and then ANOTHER 1961 quarter from that same Walgreen's about a week later.
Anonymous Coward
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09/02/2013 09:13 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
You can get lucky. Don't know what the magic words are, but I just ask for $500 worth of half dollars and any loose ones the bank may have.

I've gotten from zero to 45 coins in batches and zero to 15 in smaller batches.

It is much harder than 5 or ten years ago, but you can get lucky.

The trick is not to piss off your banks. I get them from two or three large banks, then use the free coin counter at my local credit union to turn in the bullshit coins as a deposit...after scraping the profit.

I've seen Citi and Wells Fargo charge people for orders. I never return crap coins there, only collect and treat my deposit at credit union as a transfer.

Otherwise you are going to coinstar and losing profit or losing initial investment
Anonymous Coward
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09/02/2013 09:33 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
So what would be the value of a half dollar made of silver?...Im thinking around 50 centstounge ....but seriously...how much?
Anonymous Coward
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09/02/2013 09:41 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
So what would be the value of a half dollar made of silver?...Im thinking around 50 centstounge ....but seriously...how much?
 Quoting: Anonymous Coward 44027431


About $8.50 if it's 90% silver.
Anonymous Coward
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09/02/2013 10:30 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
So what would be the value of a half dollar made of silver?...Im thinking around 50 centstounge ....ibut seriously...how much?
 Quoting: Anonymous Coward 44027431


About $8.50 if it's 90% silver.
 Quoting: Anonymous Coward 41700650


Most of my collection came this way. Well worth it at the time
Anonymous Coward
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09/03/2013 11:18 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
You can get lucky. Don't know what the magic words are, but I just ask for $500 worth of half dollars and any loose ones the bank may have.

I've gotten from zero to 45 coins in batches and zero to 15 in smaller batches.

It is much harder than 5 or ten years ago, but you can get lucky.

The trick is not to piss off your banks. I get them from two or three large banks, then use the free coin counter at my local credit union to turn in the bullshit coins as a deposit...after scraping the profit.

I've seen Citi and Wells Fargo charge people for orders. I never return crap coins there, only collect and treat my deposit at credit union as a transfer.

Otherwise you are going to coinstar and losing profit or losing initial investment
 Quoting: A. Snowman


I've never had much luck the few times I've tried this, and instead of going to coinstar, I would put all the clad coins into a large ziploc bag, and every so often make a few rolls of halves to deposit, but I would also spend the halves, leaving them as tips at restaurants, paying for small purchases, etc. I never bought $500 at a time, though.
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09/03/2013 11:26 AM

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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
[link to pro.stansberryresearch.com]

[link to stockgumshoe.com]

We’re rerunning this piece because it continues to be one of the most asked-for explanations on the Stock Gumshoe website. What follows below was originally published in mid-2012, it has been updated for the change in silver values but otherwise remains unchanged.

Dr. David Eifrig over at Stansberry’s Retirement Millionaire newsletter has been teasing us with “five magic words” that he says you can use at your local bank to get free silver........
does this work?
 Quoting: ZeroBidWinner


Be sure and send them your $39.95 to fins out the 'magic words'...

cruise
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deanoZXT-07/20/2014 07:48 PM
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09/03/2013 11:27 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
"Give me your fecking silver."
SnakeAirlines

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09/03/2013 11:28 AM

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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Absolute BS. The silver coinage has been picked threw for the last 49 years. By consumers, the banks, and the Federal reserve. There is no silver in circulation.
 Quoting: Sikhed


That's BS. I recieved a 1961 quarter in change from Walgreens about two years ago, and then ANOTHER 1961 quarter from that same Walgreen's about a week later.
 Quoting: Anonymous Coward 43464976



Some idiot kid raided his Father's desk drawers...
"Hold my cat while I bring in my tomato plant. That chemtrail looks like an earthquake chemtrail"

deanoZXT-07/20/2014 07:48 PM
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09/03/2013 11:36 AM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
five words, huh?


how about-


shove

it

up

your

ass?
No Dhimmi
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
So what would be the value of a half dollar made of silver?...Im thinking around 50 centstounge ....but seriously...how much?
 Quoting: Anonymous Coward 44027431


Use this site for updated values

[link to www.coinflation.com]
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
I understand this...but what the fuck are the magic words, lol!
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09/03/2013 12:05 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
I understand this...but what the fuck are the magic words, lol!
 Quoting: ohnonotagain


see two posts up from your posting
Anonymous Coward
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09/07/2013 10:48 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
After hearing that add I tried "Do you have silver dollars?" then "Do you have half dollars?"

Teller offered me 23 half dollars, and I took them all. One of them was 90% silver. I'm just spending the common ones one at a time.

Asked at my credit union, and was told "they are in the vault" and the manager would have to get them. Ordinarily I would have said "okay, please have her get me some", but the manager was already trying to deal with a screaming customer so I passed on it that day.

But those 5 words "worked" to get me one silver coin for $.50
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09/07/2013 10:54 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
5 * for some good information

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Anonymous Coward
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09/07/2013 11:03 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Listen closely to the commercial Glasshoppaah...

It says a FREE exchange.

All you have to do is trade paper dollars for silver and it's free!
Anonymous Coward
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09/07/2013 11:05 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Gimme all da silver mudderfucker?
IDW
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09/20/2013 05:27 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
LOL, I know how a few silver dimes got into circulation... I used them to buy cigarettes. I knew what they worth, but figured WTh.I found them after having them rejected by vending machines, which detect a silver coins as fake ironically.



DO you have silver certificates?: are the magic words BTW.


Silver certificates are legal tender and redeemable in silver and a loophole in the law forces banks to pay out in them if specifically requested to on exchange with FED RES notes at face value.

. The only ones you're going to get is ones people accidentally turned into the bank though. Their face value is one dollar but their actual value is much more and by law since they are legal tender still, if a bank has them they have to do the exchange. You'd be surprised how many people buy things with them not realizing their value, and that puts quite a few in circulation at te retail level.

A single 1800's era 100 dollar silver certificate can be worth over 1000 dollars

Looking through coins can be profitable though because some coins can be valuable, but it's tedious and time consuming.






Silver certificates are American paper money that were redeemable in silver. Issued from 1878 to 1963, they were available in a variety of denominations, from $1 to $1,000. Silver certificates bore images of American presidents and famous men and women. Others featured elaborate engravings of historical scenes. Today, silver certificates are worth considerably more than their face value.
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How to Redeem a Silver Certificate
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Origin of the Silver Certificate

The earliest silver certificates date from the late 19th century battle between the gold and silver standards. Until 1878, American money was valued in gold. Huge silver strikes in the American West created a demand for silver as currency. Mining interests wished to turn their newfound wealth into coin. Congress responded by allowing the assaying and minting of silver. Soon, the United States Treasury avoided much direct minting by issuing paper certificates in place of actual coin. These silver certificates stated that they were payable in silver dollars.
Early Issues

The early silver certificates were issued in amounts of up to $1,000. The larger denominations were quickly discontinued, and after 1896, the government produced only $1, $2 and $5 denominations
Anonymous Coward
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09/20/2013 06:32 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Would someone please post the desirable years for each coin and the percent of valuable metal in each/approximate value today? Thanks.
Anonymous Coward
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09/20/2013 11:29 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Listen closely to the commercial Glasshoppaah...

It says a FREE exchange.

All you have to do is trade paper dollars for silver and it's free!
 Quoting: Anonymous Coward 46495602


I used 50 1$ FRS NOTEs, that many say are worthless, and got in exchange a .999 fine silver oz from the US Mint. I guess the FRS NOTE is not really as Fiat as many are trying to convince others that these are.

Oh, and the $50 in 1$ FRS NOTES were given to me by a fellow who just trying to prove to me how worthless FRS NOTES were, up and gave me 50 of them.

Go figure.
Anonymous Coward
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09/20/2013 11:30 PM
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Re: Five Magic Words to get Free Silver from FDIC banks. Is this real?
Listen closely to the commercial Glasshoppaah...

It says a FREE exchange.

All you have to do is trade paper dollars for silver and it's free!
 Quoting: Anonymous Coward 46495602


I used 50 1$ FRS NOTEs, that many say are worthless, and got in exchange a .999 fine silver oz from the US Mint. I guess the FRS NOTE is not really as Fiat as many are trying to convince others that these are.

Oh, and the $50 in 1$ FRS NOTES were given to me by a fellow who just trying to prove to me how worthless FRS NOTES were, up and gave me 50 of them.

Go figure.
 Quoting: Anonymous Coward 47039989


All I can say is that there's a SUCKER born every minute.

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