From First Majestic..
One of the cheapest ways to buy silver: You can buy U.S. coins dated 1964 or earlier, $1000 face value (4000 quarters, or 2000 half dollars, or 10,000 dimes), in a "bag" of "junk silver", which contain 715-720 ounces of silver, depending on how worn the coins are. In the early 1980's, when silver was $30-$50/oz., a bag of silver could be used to buy a house! Imagine buying the money for your next house for $3500 today by investing in silver!
3 decades ago.. 1 bag of Silver which contain 715-720 ounces of Silver can buy you a HOUSE.
How much does it cost to buy a house today in the USA ?
A decent neighborhood in a okay States.. that's not bankrupt.. u looking at $220,000 to $380,000
$30-$50 oz is equivalent to $300-$500 oz in 2012
$300 oz Silver X 715 ounces = $214,500
$500 oz Silver X 720 ounces = $360,000
You under stand now.. Silver did go to $500.00 oz
Sentiment: Strong Buy