The increasing value of Silver caused the discontinued use of Silver in American coinage. These pre-1964 dated coins are now a favorite of collectors and investors alike.
- Approximately 357.5 oz of 90% Silver.
- Coins come packaged in a heavy duty canvas bag.
- Each bag contains only one denomination of Dimes or Quarters (Our choice).
- All coins are dated 1964 and prior.
This product is a perfect way to add larger amounts of Silver to your portfolio with just one purchase. Add a $500 Face-Value Bag of 90% Silver Coins to your cart today!
Dates and denominations you receive will be of our choosing and may or may not vary, determined by stock on hand.
Pre-1965 90% Silver coins, sometimes referred to as junk Silver or scrap Silver, are a great way to start your Silver investments. These Silver coins were pulled from circulation with the introduction of copper/nickel clad coins and the rising demand of Silver. The public saved them for their 90% Silver content as a rainy day fund they can fall back on.
The history of U.S. 90% Silver coins
Until 1965, U.S. Silver coins were composed of .900 fine Silver; however, on June 3, 1965, President Lyndon Johnson announced a plan to change the composition of U.S. Silver quarters and Silver dimes to a clad composition, and reduce Silver half dollars to .400 fine Silver composition. The plan for the Silver coins was necessary to offset rising Silver prices. This change in Silver bullion production was made official with the Coinage Act of 1965 passed by Congress in July 1965. When you buy these Silver coin bags, you receive a random selection of one denomination of Silver dimes, quarters and half dollars dated 1964 and prior.
Why invest in U.S. 90% Silver coins?
Invest in 90% Silver coins that have low premiums over the spot price of Silver, and add over 357 troy ounces of Silver to your holdings in one bulk purchase. Many buy Silver coins such as these for investment purposes to balance out portfolios that include stocks and bonds. These coins are also ideal for bartering if ever needed because they are easily recognizable and the smaller denominations may be easier to trade for everyday items. These coin bags provide you with a cost-effective solution to adding Silver to your portfolio.
Why are 90% Silver coins called junk Silver?
90% Silver coins are called junk Silver; however, these Silver coins are anything but junk. These Silver coins are referred to as junk Silver because their value is based solely on their .900 fine Silver content instead of their collectibility or condition. As Silver coins with a low premium over spot price, these Silver coins provide new investors with an economical way to start investing in Silver. Whether you buy coins by the bag or by the roll, these Silver coins are valuable additions to any investment portfolio.
Buy 90% Silver coins made from a Precious Metal valued for its industrial uses.
When you buy Silver coins, you probably do not think about the use of Silver in other every day products such as electrical switches and batteries. The same Silver used in these Silver coins is also used for all the Silver-coated contacts in modern cars that allow you to do everything from start the engine to open and close power windows. The Precious Metal used in these Silver coins is also in demand by many other industries, causing the demand to outpace the Silver supply almost every year since 1990. Silver prices are affected by the laws of supply and demand, and when demand is great, the Silver price tends to rise.