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Welcome to JunkSilver.com


Junk Silver .Com is your source for discount priced United States silver coins for precious metal investment. Junk coins are termed "junk" because they are not rare or thought of as having considerable numismatic collector value. This term "junk" was started years ago to describe common 90% silver coins. The derogatory term "junk" doesn't mean that the coins are trash. In fact, numismatists and coin collectors search junk 90 coin bags and often find good collector pieces. It simply means that the coins are valued because of the intrinsic silver metal content, and not because of any numismatic interest or rariety. The year 1964 and earlier dimes, quarters, half dollars, and silver dollars were made of 90 percent silver. Afterwards, with the increase in base metal costs, the composition was changed, mostly to copper and zinc. These silver coins have been prized and hoarded ever since.

While junk silver coins are considered as having no numismatic collector value, some actually do. We do not search for rare coins, coin errors, and particular rare features in them. Our source for these coins is typically coming from individual sellers of their family collections who know nothing about what constitutes a rare and valuable coin.

The grade of these old coins varies. Generally, the junk 90 coins are going to be somewhat worn. After all, many of these coins were in circulation for decades and are sometimes a century old. This wear is already factored into their value. In uncirculated mint condition, there are officially (per the US Mint) 723.4 troy ounces of actual silver per $1000 face value bag of dimes, quarters, and halves. For mint silver dollars, it's officially 773.5 troy ounces per $1000 face bag. A bag of circulated condition junk silver coins weighs less due to the normal wear. A normal bag is generally considered by coin dealers and traders to have 715 troy ounces of silver, but may be a little less depending on the condition of the coins. Often, the older the coins, the more wear on them. So expect a good variety in every group, including some well worn.

Silver is generally produced as a byproduct of refining other base metals. Many precious metal experts are expecting a silver deficit in the coming years, and consequently, a significantly higher spot price. The largest reason precious metals will probably rise is due to the US government's mass printing of fiat money. That's money not backed by anything other than faith in the system. The softer term for this is "quantative easing", and is a combination of creating more money (electronic money and printed paper money) and the government buying up loans to increase the money in circulation. The result is inflation, as well as people wanting to quickly spend their money before the value drops more. The rationale is to get people to spend like there is no tomorrow, and thus, stimulate the economy. It also serves the purpose to lesson the burdon of those who have borrowed heavily (like the US gov't). The big losers will be those holding large amounts of dollars (like the Chinese gov't). Wise investors see this coming and are sinking their investments into tangable assets such as precious metals.

Gold has great investment potential but has some disadvantages compared to silver for several reasons. First, the value is so high that it doesn't make an easy item to trade. Second is due to the high value, it is more likely to have high-grade counterfeit coins in circulation. Third and most significant is the US government, like was done before under Franklin D. Roosevelt (FDR), may once again outlaw private ownership of gold. This would mean that all gold must be turned over to the US government at a mandated price or the holder may be charged with a felony.