Junk Silver Coins
Buying what is referred to as junk silver coins is a popular method of investing in silver. Coins that are considered junk are 90% silver U.S. coins with common dates minted prior to 1965. The silver content value of these silver coins exceeds the coins numismatic value. United States silver coins coins minted prior to 1965 include dimes, quarters, half dollar coins and silver dollars. What makes them popular with siver bullion buyers is that they are legal tender coins and no matter what happens to the spot price of silver these coins can never be worth less than face value.
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Silver investors normally purchase junk silver coins in bags with a $1,000 face value, these bags contain over seven hundred ounces of pure silver. These silver coins can also be purchased in smaller amounts such as rolls of silver coins or indvidually. Sellers mark up these coins with a premium based on the spot price of silver.
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