Investing In Junk Silver Coins

"Investing In Junk Silver Coins: 90% Silver Bags","

Those were the times when all of our US
 coins were still made of real silver (actually 90% silver and 10% copper.
 Well, that's definitely not true today, with these types of coins becoming harder to find!

Types of 90 Silver Coin Bags

The type of junk silver coins most often found in silver bags are the Washington quarters.
e.
 The grade of each coin will vary but generally 95 percent will have dates that will be readable.
$1000.00, $500.
00, $100.
00 lots. $1,0
00 bag, for example, you'll be getting 10,000 dimes, 4,000 quarters or 2,000 half dollars!

However, the face value of the coins will be $1000.
 That means you'll be getting a lot more silver for your money!

How to Determine the Value of Your Junk Silver Coin Bag

Before you march off to sell your 90 silver bag to a coin dealer, you'll need to determine ahead of time, what your bag is worth:

First, find out what the current spot price of silver is - I like to use Kitco.
 To figure the silver weight in individual junk coins, I like to use the melt value calculator .

Now subtract that amount from the price the dealer is quoting you.
 Do your homework and be informed!
You need to remember that the price of junk coin bags will follow the spot price of silver..
 .


Advantages of Buying 90 Junk Silver Bags

90% junk silver is a great way for new buyers to invest in silver for the following reasons:

90 junk silver is the most cost-efficient method of buying silver per ounce in bulk.
 When you buy a modern silver bullion coin such as the American Silver Eagle, this manufacturing premium is always going to be added to the cost of the coin.
 But even discounting the scratch marks, nicks, abrasion, worn detail, unrecognizable face, you're still getting 99% of the silver content! That means that the coins will be worth far more than their face value!
Another advantage to buying junk bags is that the coins can easily be divided into smaller quantities to use as bartering instruments in an emergency.


Now that you've learned a little bit about 90 silver coin bags, I think you'll agree that they are a terrific investment.

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