90% Silver had been the basis for our currency for hundreds of years until 1965. When the price of silver started increasing and approaching its monetary value, the government replaced our trusted silver with a coin made of worthless metal! Shortly thereafter, the American public started hoarding these older silver coins. During the large silver melts of the 1980's millions of these coins were refined into silver bars and other forms. Since then, these items have become scarcer and more desirable.
In spite of these facts, 90% silver coins remain to be the least expensive and most popular way to buy and sell silver. In many cases, it trades at just slight premiums and, at some times, slight discounts to the spot price of silver.
Over the years, many individuals have purchased these bags with the understanding they may need them for barter in the future should the U.S. dollar collapse and we need to revert back to a gold and silver standard. These coins would be the most widely recognized and easily traded forms of silver due to their small size and ease of liquidity.
We offer you the ability to purchase this type of silver in small increments of $1.00 through full $1,000 Face Value Bags with several increments in between. All $1,000 face value bags may contain our choice of 10,000 dimes, 4,000 quarters, 2,000 half-dollars or a mixture of dimes, quarters or halves that total $1,000 face value.
40% Silver Coins
In 1965, at the direction of Congress, when the U.S. Mint removed all silver from dimes and quarters, the silver content in half-dollars was reduced to 40%. (Containing 40% silver and 60% copper) These coins were minted from 1965 - 1969 for circulation. After that, all coins were produced of a copper and nickel composition. We offer these coins in similar quantities.