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Based on last week's spot price of silver of $13.18 per ounce, your coins might trade for between $9 and $9.50 per dollar value. That's a potential profit of more than $5,000.
Since these coins were in circulation for decades, wear and tear means they no longer contain 90% silver. In fact, they typically contain about 71.5 ounces of silver.
So-called "junk silver" is made up of 90% pure silver and 10% copper. However, because these pre-1965 coins were in circulation for decades, they've lost some of their weight along the way.
90% ‘Junk’ Silver Coins These are 90% silver coins minted before 1965, as referenced above. “Junk silver” as a category represents coinage from their period which holds “no collectible ...
The content of these junk silver coins have been overlooked for decades as other investors picked them up at face value. A $1.40 combination of pre 1965 dimes, quarters and half dollar silver ...
These pre-1964 coins are 90% silver and weigh 25 grams per dollar in face value. So 10 dimes, for example, weighed 25 grams when minted. Theoretically those 10 dimes contain 22.5 grams of silver ...
That law mainly affected U.S. dimes and quarters. Half-dollar coins were still made with 40% silver from 1965 to 1970, but after 1970 no more circulating U.S. coins were made with silver.
Dear Laurin, If it were my money, I would start out by determining whether the silver coins are worth more to coin collectors or for their melt value as silver. That's largely dependent on the ...
That law mainly affected U.S. dimes and quarters. Half-dollar coins were still made with 40% silver from 1965 to 1970, but after 1970 no more circulating U.S. coins were made with silver.