90% Junk Silver bags consist of dimes, quarters and half dollars, minted before 1964
that were used as common every day currency. After this year the US mint reduced
the amount of silver and eventually stopped using the precious metal altogether
as silver rose in value. The amount of silver in these American silver coins
have a higher value than the face value of the coin.
$1.40 of any combination of these
90% silver coins
has approximately 1 ounce of silver. This $500 face value junk silver bag has an
estimated 357 ounces of pure
silver. Since
junk silver
has a much higher value than the face value of the coin itself, they have become
popular with people who invest in precious metals because they have both a value
as currency and the content.
Due to fluctuating markets, more and more people look to invest in precious metals and specifically buy gold or buy silver bullion, often overlooking the other available means that are globally recognized such as platinum coins, palladium coins and junk silver.
Junk silver coins are usually priced below the average price of silver and purchased in large bulk quantities $100, $250, $500 or $1000 face value bags .The benefit of investing in junk silver coins is that they can serve as protection against inflation and in times of financial crisis be used to trade or barter since they contain 90% Silver.
* Pictures are an indication only, price of coins are applicable for dates of our choice