Tuesday, October 30, 2012

Pre-1965 Silver Coins

1965 marks an important point in coinage history: it’s the time when silver coins that were made primarily with silver ceased to be minted; they were either replaced by coins made primarily from nickel or the amount of silver was reduced for a few more years and then the coins were made from different and more common minerals. The main reason for this is simple: the amount of silver in the coins became more valuable than the coins themselves, thus making them too expensive to mint as they were.

For investors and collectors, pre-1965 coins are special because no matter what coin they are, they will be silver coins (at least 90% silver). After 1965, the content of silver in the coin will depend on the coin itself and where it came from (some countries abandoned silver before others). But why would investors and collectors even care about coins that aren’t all that old and really aren’t worth all that much?

Known as ‘junk silver coins’, these pre-1965 silver coins are sold by the bag and they can sell at below spot price, (if you buy plenty of it and even if you don’t, the premiums are incredibly low), meaning that you can collect them for less money and sell them for more money if you find that you have a rare coin in the mix or you just find a coin someone else wants. Furthermore, your bag of junk silver is cheap to purchase (between $100 and $1000) and then you can sort through the silver and use it as a vehicle for investment and sell them when the prices go up again.

Junk silver refers to any coin which is government issued and contains any amount of silver. It has little or no numismatic or collectible value beyond the value of the metal found in the coins. They’re not literally junk of course and if you collect enough of them, you can build up quite a nest egg for yourself.

If you’re going to purchase junk silver coins by the lot, it’s important to know where to get your stash.

Wholesalecoinandmore offers the Best 90% Silver Pre 1965 US Coin Lot 8oz
Each Lot from Wholesalecoinandmore.com Includes:

 •One Pre-1904 Morgan Silver Dollar over 100 Years old!(collectable grade) Guaranteed in each one
•A Full Half Pound (8 ounces) of Unsearched 90% Silver Coins
•Each Lot will have $9.00 Face Value of old 90% US Silver Coins

Coins that May Be in your Unsearched Silver Lot from Wholesalecoinandmore:

Morgans, Peace Dollars, Trade Dollars, Walking Dollars, Franklins halves, Walking halves, Barbers, Walking Liberty, Standing Liberty Quarters, Pre-1964 Kennedy Halves, Washington and Barber Quarters,  Roosevelt, Barber and Mercury Dimes  Many of these are in AU and BU condition and many key dates some with mint marks in these silver lots.

What is not in our lots:

Filler, Cents, Nickels and Junk

In Conclusion:

Pre-1965 silver coins may have the moniker of being ‘junk silver’, but there’s nothing actually junky about them. Instead, you can get a wide range of silver coins that are worth their weight in gold for prices that are often far less than what you would pay for things like the Silver Eagles. If you’re just getting into silver investing or you want to round out a collection, take a look at these bags of silver coins. Who knows what treasures you may find?

2 comments:

  1. Your blog information is very helpful for me .Thanks for sharing Pre-1965 US Coins information.

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  2. Wow! These are so antique coins my friends will like these coins very much and thank you very much for the sharing.

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