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They are not numismatic
- Many of America’s coins circulating before 1965 were made of 90% silver. They are now called “junk silver” because their value is solely based on their metal content instead of collectibility or condition. “Junk” just means they are not numismatic, but make no mistake, Junk silver coins still have value and a place in portfolios.
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May 24, 2022 · “Junk silver” is a misnomer. Many of America’s coins circulating before 1965 were made of 90% silver. They are now called “junk silver” because their value is solely based on their metal content instead of collectibility or condition.
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What is junk silver?
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We gathered the most frequently asked questions about 90% Junk Silver. Find out everything you need to know before buying.
Junk silver is a type of silver coin that isn’t really worth anything in the value of numismatics, collectibles, or history, but it’s worth more than face value in its silver content. If you collect enough junk silver, you can get a decent amount of money from selling them for their silver content.
Aug 25, 2020 · Pre-1965 90% U.S. silver coinage, aka “junk silver,” is one of the most interesting retail bullion products to follow in our industry. The premium (the amount above or below the spot price one pays when buying or receives when selling) fluctuates more with this product than virtually any other in the physical silver market.
Feb 24, 2023 · But what exactly is junk silver, and why is it an important investment option for many investors? In this article, we’ll dive deep into what junk silver is, whether it’s a good investment, how to identify real silver coins, and whether it’s legal to melt junk silver.
Aug 1, 2022 · Junk silver is a term used to describe silver coins that are no longer in circulation. These coins are usually worth more than their face value because of their silver content. Most junk silver is composed of 90% silver and 10% copper.
Junk silver is the name given to silver coinage that has a silver content that exceeds the face value of the coin. Silver has been a valuable commodity for centuries. People have used the precious metal for currency, medicine, industry, and decor.