While the name can be misleading, investing in “junk silver” is an easy and accessible way to claim a stake in the American coinage market. 90% silver coins, with their low cost and high bullion value, are a solid bet for adding to and/or diversifying any metals portfolio, and serve as a great way for buyers to begin or expand their investments. Read more about 90% silver here.
Referring to government-issued silver coins minted prior to 1965, “junk silver” does not reflect the condition of the coins as the term seems to suggest, but rather, points to their value in silver bullion – or amount of silver they contain – rather than their denominational face value. As such, 90% silver coins enjoy higher bullion value than their denomination and serve as great investment pieces for beginner and expert investors alike.
In addition, 90% silver is not synonymous with, and should not be confused with, “scrap metal.” Scrap metal refers specifically to leftover material from product manufacturing and consumption, while “junk silver” refers to coins backed by the precious metal silver.
What Years Were Silver American Coins 90% Silver?
Silver American coins struck prior to 1965 were minted in 90% pure silver, allowing them to endure with notable bullion value and remain sought after investment pieces to this day. In 1965, there was a move by the U.S. government to reduce production costs of silver pieces, and as such, silver coins began to be struck with more copper and nickel, and less of the silver precious metal.
While 90% silver coins do remain legal tender, these pieces are now often purchased not only as investment pieces but as safeguards against catastrophic drops in monetary value during economically uncertain times.
Since coins are backed by the precious metal they are struck in, it is speculated that they would serve as more viable options than a fiat currency in the event of a U.S. dollar collapse. Without being backed by precious metals or other commodities, paper money has no inherent value and can be subject to extreme inflation in the event of economic turbulence.
Where Can You Buy Silver 1965 Coins?
90% silver coins are available through the United States Gold Bureau in 20 and 50 coin rolls, or in bags made up of coins in uniform denominations and totaling a particular dollar amount (i.e. $100, $250, $1000). Both rolls and bags may contain coins all minted in the same year, or coins struck in varying years.
Liberty Head, Mercury and Roosevelt.
Liberty Head, Standing Liberty and Washington.
Liberty Head, Walking Liberty, Franklin, Kennedy.
Morgan and Peace designs containing 90% silver, minted from 1878 to 1935.
Top Reasons to Buy 90% Silver Coins
90% silver coins, like those in the “junk silver” category, tend to sell for the lowest premium over the melt price – or value of the precious metal in that particular coin – of any other form of physical silver.
90% silver, because of its precious metal backing, can hedge against inflation in times of economic uncertainty or turbulence.
Regardless of the price of the precious metal, 90% silver coins maintain at least their minimum face values.
90% silver can also be used to barter in the event of a catastrophic dollar collapse, and the smaller values of coins in this category may prove to be optimal for obtaining everyday staples such as bread, milk, eggs, gas, etc. This has made them popular within the “prepper” community.
Investing in 90% silver is a convenient, affordable and accessible way to add silver bullion to any investment portfolio – whether newly formed or well established.
Silver is often more accessible price per ounce – particularly over gold – makes the precious metal an excellent choice for beginner and expert investors alike, regardless of the buyer’s budget.
Coins are more familiar to buyers/sellers, refiners and the market in general, and are less likely to have their value disputed than silver rounds or bars.