No. of Recommendations: 1
I took 22 one dollar bills to the Federal Reserve Bank of New York (a subway ride from my high school) and ended up with a plastic bag full of about 17 ounces of silver. It's in some drawer, somewhere, but is now worth $1,228 or an increase of 55X.
My dad did the same, on one of his trips to NYC. A few years ago, I looked at it, and the granules and flakes had turned sort of reddish. I couldn't believe my dad hadn't tried to cash that silver in when the Hunt boys were trying to corner the silver market. I tried to sell it, and the guy at the gold and silver shop said it would need to be assayed, and the assay would cost a good chunk of what the silver might be worth. No sale, as the guy really wasn't interested. Some years ago, I told that story on the Fool, and one of the other guys PM'd me saying he would like to buy the bag. So away the bag of silver went.
Steve
