12/25/2023 0 Comments Bag of silver coins for saleThese are an affordable and readily liquefiable silver coin investment. These junk silver bags are sold at a low silver price per ounce of silver over the silver price. They offer several distinct advantages over other more modern forms of silver bullion, especially for those seeking tiny increments of possible small silver barter coins. Referred to by the popular misnomer of "junk silver bags", these canvas bags are filled with pre-circulated 90% Constitutional Silver Coins that remain legal tender in the United States. Customers can expect to receive US 90% Silver Coin bags filled with either quarters, dimes, half dollars, dollars or combined. Today, no silver bullion is used when minting US circulation coins (nickels, dimes, quarters, half dollar, or dollar coins).įor these reasons 1964 Silver Coins and those prior are highly collectible. Mint decreased the amount of silver in many of its circulating coins from 90% to either circulating cupronickel coin or larger 40% silver coins (half and full dollar 40% silver coins only). Read MoreĪll orders from Monument Metals are guaranteed as described, shipped discretely, and fully insured.Buy $100 Face Value Bags of US Pre-1965 90% Silver Coins containing a minimum of 71.5 troy ounces of silver bullion in total.Įach bag contains 90% silver coins of the same denomination that circulated in the United States, dated 1964 and earlier. These bags are an affordable and popular way to own low premium silver.Īll orders from Monument Metals are guaranteed as described, shipped discretely, and fully insured. There is approximately 715 troy ounces of pure silver in each bag. These coins are packaged in bags of $1000 (by total face value). Additionally, they are a special part of American numismatic history, as some of these beautiful coin designs have not been seen in everyday life for over a half century. Should silver ever be used as a means of barter or become part of everyday commerce once again, these quarters will be common and widely-accepted. These 90% silver coins are a convenient way to own silver. If you put away $1000 in cash in 1965, you’d still have $1000 but a bag of silver coins is now worth many, many times that! These coins are sometimes referred to as “junk silver” because they are in circulated condition, but make no mistake: they are a wise investment, indeed. However, circulated 90% silver coins are still traded as an investment product around the world. Today, most coins are made from a copper-nickel alloy and contain no silver. In 1965, faced with a dearth of circulating coinage, the Mint eliminated silver from most American coins. When silver prices rose due to inflation in the 1960s, the melt value of these coins began to exceed their face value, and wise collectors hoarded them. For most of American history, these coins were commonly encountered in everyday commerce. The United States Mint produced 90% silver coinage from the 1790s to the 1960s. Since their value is based primarily on silver content rather than collectible value, “junk silver” coins are one of the lowest-premium US Mint products available. 90% silver quarters are a commonly traded and widely recognized investment product.Packaged in canvas bags of $1000 face value per bag (715 oz pure silver content per bag).These coins are comprised of 90% silver, 10% copper each dollar of face value contains about 0.715 troy ounces of silver.Silver was removed from most US coinage in 1965.The coins you receive may all be of one type or a mix of different coins. You may receive our choice of dimes, quarters, or half dollars, or some combination thereof.Legal tender coinage produced by the US Mint 1892-1964.They are still prized by both collectors and investors. These coins were common in pocket change until the 1960s, when wise collectors picked them out of circulation and the US Mint eliminated silver from American coinage. About $1000 Bags of 90% Silver US CoinageĮven though modern circulating coins are no longer made of silver, you can still purchase these 90% silver coins.
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