Stacking Silver Terminology

This is a table of terminology related to the stacking of silver. These terms could be found on "/r/silverbugs” or "/r/pmsforsale“. This is a living document that will be updated when I learn or see other terms or information that can be added to the page.

WordDefinition
LCSLocal Coin Store
Junk SilverCoins that contain 90% or 40% silver
Sterling SilverSilver that contain 92.5%
HallmarkA hallmark is an official mark or series of marks struck on items made of metal, mostly to certify the content of noble metals
SHTFShit Hit The Fan
ASEAmerican Silver Eagle: A coin that is minted by the United States of American.
[WTS]Stands for “willing to sell”. This tag has to be used on any sales post on r/pmsforsale
[WTT]Stands for “willing to trade”. Again this has to be used on any sales post on r/pmsforsale
[WTB]Stands for “Willing to Buy”.
SpotThe current price of silver ( Does not included the premium )
BINBuy It Now. It means the buyer accept the price as is and won’t attempt to negotiate.
MPStands for “Melt price”, this is the price of the coin after it is melted down.
ObverseAlso know as the head or front of the coin.
ReverseAlso known as tails of a coin is the backside of a coin.
Milk SpotAre white milky looking spots that occur on coins that where minted by a mint. They occur due to the results of chemicals used in the process of creating the coin. Do not worry, milk spots can be removed.
CHRCoin Roll hunting is the process of going toa bank to get rolls of change. A CRH hunter looks for coins that contain silver or are collectable.
Ice Cube TestThe ice cube test is a test where you put ice cube on the silver and see how fasts it will melt. If the ice melts quickly than the silver is real silver.
Magnet TestIf a magnet sticks to a silver piece than it’s fake. Use a neodymium magnet for best results.
FVFace Value
Hobo CoinA coin that is creatively modified by hand-carving tools.
LibertadA coin that is minted by the Mexican government. This coin contains 99.9% silver. There is also a gold version of the coin that contains 99% gold.
krugsIs short for krugerrands which are silver and gold coins minted by the South African mint. They started to make silver version ones in the year 2017.
EagleAlso known as American Silver Eagle or ASE.
Cullrefers to silver that is worn, damaged so it is removed from circulation. They might have less silver than there should be.
Silver ShotLittle silver pellets about the size of piece of a pea. Usually used by people who casts rounds or bars out of silver.
100 mills100 mills refers to the thickness of the plating. Means that the “silver” is plated and not pure silver. Stay away if you see the word mills.
Constitutional SilverAnother name for junk silver. It is coins that are created by a nation that contain a certain percentage of silver. Usually used when talking about junk silver created by the United States.
Uncirculated
Silver or bullion that has not been used to buy in circulation. Usually in mint-condition.
SMPMVStandard Market Price of Precious Metals and Valuations.
Used as a standard to price bullion or rounds.
Tarnish and toningTarnish and toning are the same thing, this happens when oxidation causes a chemical reaction on the silver. It does not affect the price of the silver.
C.O.A.C.O.A. stands for Certificate of Authorization. Used to prove that a certain bullion came from a certain manufacture. It proof of legitimacy.
PCGS You send your coins to Professional Coin Grading Service which they grade and send back your coin with a certain grade based on the condition of the coin. A grade 70 is the best grade you can get, while grade 1 is the worst.

MS-70 is a coin in perfect condition without any wear or scratches.

AU-50: A coin in almost uncirculated condition with slight wear on high points.
Pocket PieceA piece of silver that someone keeps in their pocket for good luck. Since they kept in the pocket or wallet, they are usually pretty worn.
SlabAfter sending a coin to PCGS, the coin will get a certain grade based on the condition of the coin and they will send it back to you in a plastic tamper proof case called a slab.
Silver Melting PointThe point where silver will melt which is 961.8°C or 1,763.2°F
FluxUsed to removed impurities in silver or gold when melting. It works by lowering the melting point in the metals and separating contaminants
IkeIke is slang for Eisenhower dollar.
Rosie’sSlang for Roosevelt dimes
MercsSlang for Mercury Dimes.
Fractional silver/goldFractional silver are silver or gold pieces that are smaller denominations than an ounce. They might be 1/2 an oz.
WalkersWalking Liberty Half Dollars.
Coinstar FindsWhen you find free silver in the Coinstar reject bin.
CONUSStands for Continental United States. Usually it only means that the seller will ship to the upper 48 states.
ATBAmerica the Beautiful coins. The 5 OZ version is 99.9 % silver
MaplesAre minted by the Royal Canadian Mint. Both the silver and gold versions are 99.9 % pure gold and silver. The silver version is also most usually minted in 1 oz but could be smaller versions.
GLWSGood luck with sales.
OPOriginal Poster
BUBrilliant Uncirculated which means coins are unused, new. BU coins are usually shiny and show zero signs of wear.
AUAU stands for Almost Uncirculated, this means that the coin shows little wear but still in a condition considered excellent.
VFVF stands for very fine, which means that the coin shows very moderate to light wear.
MSMS stands for Mint State, these coins show zero sings of any wear. MS coins are in perfect to near perfect conditions
crucibleCrucibles are usually made out of graphite. Precious metals such as silver is put in the crucible and is melted by a furnace.

This table shows details about the silver contents of a wide range of coins.

CoinSilver percentYears MintedSilver Contents
Franklin Half Dollar
( pre 1964 )
90%1948 to 19630.3617 troy oz.
Mercury Dimes90%1916 to 19450.0723 troy oz
Walking Liberty half dollar90%1916 to 19470.36169 troy oz.
Peace Half Dollar90%1921 to 19350.77344 troy oz.
Washington Quarter
( Pre 1965 )
90%1932 to 19640.18084 troy oz.
Peace Half Dollar.9992021 to present 0.858 troy oz.
Eisenhower Silver Dollars40%1971 to 19760.3161 troy oz.
Kennedy Half Dollars40%1965 to 19690.1479 troy oz.
Jefferson nickel35%mid-1942 to 19450.05626 troy oz.


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