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"Junk Silver" Bag - $1000
Price:
$20,420.40
$20,420.40
This price is for
1 item
1 item
This bag contains pre-1964 silver coins with a face value of $1000, for a total of approximately 715 oz of silver. Bag may contain any combination of dimes, quarters and/or half-dollars.
"Junk Silver" is one of the most affordable ways to own and invest in silver bullion. The term "Junk" simply means that the coins have no collectible (numismatic) value, since they are not rare. The value in Junk Silver is derived from the cost of the actual silver bullion that is contained in the coins.
Most of the silver coins minted by the U.S. Mint and in circulation prior to 1964 contain 90% silver and these are the most popular coins that investors choose to own. Any combination of 90% silver coins with a face value totaling $1.00 contains .715 ounces of 99.9% silver.
It takes a face value of $1.40 of 90% silver coins to total one full troy ounce of silver. To calculate the current "bullion value" of your junk silver coins, add up the total face value of the coins and multiply by .715. This will give you the amount of troy ounces of your silver. Next, take that amount and multiply it by the spot price of silver. This total will be the "bullion value" of your silver.
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United States Gold Bureau is a private distributor of Gold, Silver & Platinum coins from the U.S. Mint and is not affiliated with the U.S. Government. Information on this web site is intended for educational purpose only and is not to be used as investment advice or a recommendation to buy sell or trade any asset that requires a licensed broker. As with all investments there is risk and the past performance of a particular asset class does not guarantee any future performance. The United States Gold Bureau, principals and representatives do not guarantee to clients that they will realize a profit or guarantee that losses may not be incurred as a result of following its coin collecting recommendations, or upon liquidation of coins bought from the U.S. Gold Bureau. All content and images are owned by USGB and may not be reproduced without written authorization. Copyright 2012.
