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Collecting Bulk Junk Silver Coins

Collecting bulk junk silver coins can be a potentially rewarding pursuit for collectors and precious metals investors. Bulk junk silver is a large quantity of circulated coins that contain silver content but are usually not considered rare or highly collectible. These coins are typically acquired for their silver bullion value.

Here are a few points to consider when collecting bulk junk silver coins:

  • Silver Content: The primary focus of collecting bulk junk silver coins is the silver content they contain. In the United States, pre-1965 dimes, quarters, and half-dollars minted with 90 percent silver are commonly sought after.
  • Face Value vs. Silver Content: Junk silver coins are typically bought and sold based on their weight or silver content rather than their face value.
  • Acquiring Bulk Quantities: Collecting bulk junk silver coins often involves purchasing larger quantities. This can be done through coin dealers, online marketplaces such as APMEX, auctions, or estate sales.
  • Storage and Preservation: Once you have acquired bulk junk silver coins, it is important to store and preserve them properly. Silver can tarnish over time due to exposure to air and moisture. Consider using protective coin holders, tubes, or albums designed for silver coins to prevent damage and maintain their condition.
  • Balancing Numismatic Value: While the primary focus of collecting bulk junk silver coins is their silver content, it is worth watching for any coins with numismatic value. Occasionally, specific dates, mint marks, or coin varieties within the bulk lot can be collectible and carry a premium. It is advisable to familiarize yourself with basic numismatic knowledge to identify potentially valuable coins.

Remember that the value of junk silver coins fluctuates with changes in the silver market. It is important to stay updated on current silver prices and be aware of any premiums or fees associated with buying or selling bulk junk silver coins.

What is Junk Silver?

Junk silver is not actually "junk" they can prove valuable. Junk silver refers to coins that have silver content but are not considered rare or collectible. These coins circulated as legal tender currency before 1965 in the United States and other countries. The term "junk" is used to describe them not because they are worthless but because their value is primarily based on the silver content rather than numismatic or collectible value.

In the United States, junk silver coins include dimes, quarters, and half-dollars minted between 1932 1964. These coins were composed of 90 percent silver and 10 percent copper. After 1965, the composition of these coins changed to a copper-nickel blend with no silver content.

While junk silver coins may have little collector's value, they are often sought after by investors and individuals who want to own silver for its bullion value. The appeal of junk silver lies in its low premiums compared to newly minted silver bullion coins or bars, making it a more affordable option for acquiring physical silver.

We sell junk silver containing 35, 40, 80, and 90 percent silver such as 35 percent silver war nickels, 40 percent silver coins, 80 percent Canada silver coins, and 90 percent silver Roosevelt dimes. We also sell random year collections of damaged and cull 90 percent silver dollars.

Silver Washington Quarters

Ninety percent Silver Washington Quarters were minted by the United States Mint from 1932 to 1964, and they contain 90 percent silver and 10 percent copper. These coins have a total silver content of approximately 0.1808 troy ounces per coin.

In today's market, July 2023, the spot price of silver is $23.30 per ounce making the Silver Washington Quarter a worthwhile invesmtent consideration.

The design on the obverse (front) of the Washington Quarter features a bust of George Washington. The reverse (back) design underwent various changes over the years, representing different themes and images, such as an eagle, a colonial drummer, and a depiction of an eagle with an olive branch.

Since these quarters contain a significant amount of silver, they are sought after by collectors and investors. Collectors value them for their historical significance and aesthetic appeal, while investors often acquire them for their silver content.

When buying or selling 90 percent Silver Washington Quarters, it is essential to consider their condition, rarity, and silver content. The value of these coins vary depending on factors such as their mintmark, date, and overall condition. If you are interested in buying or selling these coins, it is advisable to consult with reputable coin dealers, numismatic experts, or precious metals dealers to obtain fair pricing information.

Other Ways to Invest in Silver

Looking to invest in silver on a larger scale? Explore the convenience of our popular 100 oz silver bars, a unique and efficient way to bulk up your precious metal portfolio. These substantial bars offer a streamlined and easily storable option for silver enthusiasts. Unlike junk silver coins, bars allow investors to accumulate significant quantities of silver in a more manageable and space-efficient manner.

Otherwise, silver bullion rounds are another great option if you're looking for affordable silver that tends to be in better conidition and with more unique designs than junk silver.

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