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Roll(s) of 90% Junk Silver Coins - $10 Face Value For Sale


Roll(s) of 90% Junk Silver Coins - $10 Face Value
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Roll(s) of 90% Junk Silver Coins - $10 Face Value:
$251.70

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      Description

      About $10 Rolls of 90% Junk Silver Coins

      The United States Mint produced 90% silver coinage from the 1790s to the 1960s. For most of American history, these coins were commonly encountered in everyday commerce. When silver prices rose due to inflation in the 1960s, the melt value of these coins began to exceed their face value, and wise collectors hoarded them. In 1965, faced with a dearth of circulating coinage, the Mint eliminated silver from most American coins. Today, most coins are made from a copper-nickel alloy and contain no silver.

      However, circulated 90% silver coins are still traded as an investment product around the world. These coins are sometimes referred to as “junk silver” because they are in circulated condition, but make no mistake: they are a wise investment, indeed. If you put away a paper $10 bill in 1965, you’d still have $10; but a roll of pre-1965 Washington quarters is now worth many, many times that!

      Highlights of these coins:
      • Legal tender coinage produced by the US Mint until 1964.
      • These coins were common in circulation until silver was removed from US coinage in 1965.
      • Comprised of 90% silver, 10% copper; each dollar of face value contains about 0.715 troy ounces of silver.
      • Packaged in convenient rolls ($10 FV or 40 coins for Quarters, 2 - $5 FV Tubes or 100 coins for Dimes)
      • 90% silver coins are a commonly traded and widely recognized investment product.
      • Since their value is based primarily on silver content rather than collectible value, “junk silver” coins are one of the lowest-premium US Mint products available.

      About the U.S. Mint:

      These Washington quarters might look familiar, as the design has been continually produced since 1932. However, all of these 90% silver quarters are now more than a half century old! They were only produced until 1964; circulation quarters made from 1965 on do not contain any silver. John Flanagan’s design was introduced for George Washington’s 200th birthday. Mintages in the first few years were low due to the Great Depression, but the Washington quarter quickly gained in popularity and is now one of the most recognizable American coins. Each 90% silver Washington quarter contains a little under one-fifth ounces of pure silver.

      These quarters are packaged in convenient rolls of 40 coins a piece. Each roll contains $10 face value worth of coins. There are approximately 7.15 troy ounces of pure silver in each roll. These rolls are an affordable and popular way to own low premium silver.

      Larger bags of $100 face value are also Info Column

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