A Practical Look at 90% Junk Silver

Junk Silver's investment appeal lies in its intrinsic silver content, historical significance, and its role as a hedge against economic fluctuations.
By: FBP LLC
 
BAY AREA, Calif. - Dec. 29, 2023 - PRLog -- Junk silver, despite its unassuming name, is a significant part of American monetary history and a practical investment option.

Whether you are a seasoned investor in precious metals or someone who is looking for a tangible and reliable store of value, junk silver offers an accessible and straightforward option.

Prior to 1965, coins like dimes, quarters, and half dollars were composed of 90% silver. Due to the rising cost of silver and the consequent monetary implications, the U.S. Mint made a significant decision in the 1960s.

They debased the silver content in most of their circulating coins, shifting to a copper-nickel clad composition. This change marked the end of an era where silver was a standard component in everyday coinage.

The term 'junk silver' emerged in the aftermath and refers to pre-1965 U.S. coins that contain 90% silver. Despite the name, these coins are far from worthless. These silver coins lack the collectible value of numismatic coins due to their wear and commonness but are valued for their silver content. The term 'junk' merely differentiates them from their collectible counterparts, not from an investment perspective.

As remnants of the past, these coins hold a historical worth that goes beyond the metal they contain. The intrinsic value of these coins comes from their silver content, a precious metal known for its stability and resilience.

Like other forms of silver and gold, junk silver is considered a hedge against inflation and economic uncertainty. These coins are relatively easy to acquire and liquidate, making them an accessible investment for the average person.

You can read more about Junk Silver at https://junksilver.co/

Its ease of acquisition and liquidity make it a wise choice for those looking to diversify their investment portfolio with precious metals.

Numerous online precious metals dealers offer junk silver, which makes it easy and convenient to browsing and compare different options and prices from home.

Stacking junk silver is one of the easiest and safest ways to invest in precious metals because it is no different that other coins. Coins like 90% silver quarters, 90% silver dimes and 90% silver half dollars can be stored in standard bank rolls or tubes. It doesn't require any special storage requirements or handling.

As with any investment or commodity, prices vary depending on where you make the purchase. Local coin shops and pawn shops with often have a large pile available, but usually at a higher cost than online dealers.

FindBullionPrices makes it easy and simple to compare the prices of 90% Junk Silver coins across a wide swath of reputable national precious metals bullion dealers.
https://findbullionprices.com/collection/Junk-Silver-Coins/

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Source:FBP LLC
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Tags:Silverinvesting
Industry:Lifestyle
Location:Bay Area - California - United States
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