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Once a common occurrence in the US market, the 90% silver coin or “Junk Silver” was eliminated from production in 1965. Now the coins are available in $1,000 Face Bags as well as smaller increments, and represent one of the best and easiest ways to make an initial investment in silver.
When silver was jettisoned from circulation, wise collectors immediately realized an opportunity, and started picking these coins up wherever they could. It’s proven a crafty move, as the value of their investment has only grown over the years. Buying them up in bulk now makes just as much sense as it did in 1965. Silver is simply a great bet.
These 90% US Silver Coins are 90% silver and 10% copper. The bags, often referred to as Junk Silver Bags contain dimes and quarters of a variety of design from a number of bygone eras. Orders may be customized to exclusively contain Half Dollars, Quarters, Dimes, or a combination of more than one denomination. Silver coins of all stripes were the order of the day for an impressively long run of time: from the 1790s to the 1960s! Indeed, students of US history will find the coins an interesting survey of times passed, beyond being an exciting investment purely for the silver content. Owning these coins connects you with a long tradition of numismatic American history, and new investors will find no better opportunity to jump-start their silver holdings.
Dimes in this bag that you will likely see are the Mercury, Liberty Head, and Roosevelt offerings. Quarters will assuredly include the Washington, Liberty Head, and Standing Liberty. The $1,000 face value bags contain 715 troy ounces of silver and offer coins dated 1964 and earlier (possibly way earlier!). Composed of 90% fine silver, and with a face value of $1,000, the coins represent a remarkable value: In 1964, a 90% junk silver had a value of only 25 cents, while today it would fetch almost 20 times as much.
These 90% Junk Silver bags remain one of the lowest-premium items in the entire venerable catalog of the US Mint.
As always, Midas Gold Group is here for you. We’re more than happy to advise prospective buyers on whether this purchase is appropriate for their goals and objectives.
Standard shipping time is 1–7 business days.
# | Specification | Value |
---|---|---|
1 | Denomination | $1,000 |
2 | Finish | Circulated |
3 | Composition | .900 fine silver |
4 | Diameter | varies |
5 | Weight | 715 troy oz (22,236 g) |
6 | Edge | Reeded |
7 | Design | Dimes, Quarters, or Half Dollars |
8 | Mint | US Mint |
9 | Years of Mintage | Pre-1964 |
10 | IRA Eligible | No |
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40% Clad Silver or “Junk Silver”, sold in bags or rolls of various Kennedy Clad Half Dollar or Eisenhower Dollars, is generally the cheapest way to own silver.
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