Junk silver bags can be purchased from nearly all bullion coin dealers. Since junk silver is anything but “junk”, its real value is calculated by multiplying the spot price by the number of ounces of silver contained in the bag. This results from the current spot price of silver, which can be seen at the top of every page on this site. 999 fine silverĪs previously explained, a bag of junk silver can cost thousands of dollars, despite the collection of coins within it having a face value far lower than that. A $1000 bag of 90% junk silver contains 715 troy ounces of.A $500 bag of 90% junk silver contains 357.5 troy ounces of.A $100 bag of 90% junk silver contains 71.5 troy ounces of.A $1 bag of 90% junk silver contains 0.715 troy ounces of.Consequently, the most common bags and their corresponding silver content is as follows: Unlike one ounce Silver Eagle coins, junk silver contains only 0.715 troy ounces of. The coins are sold in what are commonly known as 90% dealer bags, with a combined face value of $1, $100, $500 or $1000. Junk silver is most commonly sold as a collection of random pre-1965 circulated silver coins in fair to good condition. Jefferson “Wartime” nickels (35% silver 1942-1945 only).Liberty Head “Barber,” Winged Liberty Head “Mercury” and Roosevelt dimes.Liberty Head “Barber,” Standing Liberty and Washington quarters.Liberty Head “Barber,” Walking Liberty, and Franklin half dollars Kennedy (40%) half dollars.Junk silver, on the other hand, is 90% pure silver. Today’s pocket change is merely a collection of metal alloys, and has no value beyond the denomination stamped upon its face. In fact, prior to 1965, those same nickels, dimes and quarters were minted with real silver. On the surface, junk silver bears a remarkable resemblance to the nickels, dimes and quarters we carry in our pockets every day. What separates them from “junk” is their silver content. Junk silver is the term used to describe silver coins that have little or no collectible or numismatic value. After all, how could a bag of “junk” cost thousands of dollars? It is only when we discover the nature of the contents of the bag that we realize that junk silver coins are anything but junk. The term “junk silver coins” can be very misleading to anyone not familiar with the bullion industry.
0 kommentar(er)
