"I have been interested in buying some junk silver coins and keep hearing a term - junk silver bags. What does that mean?"
First junk silver is a great investment and hedge against inflation and the further eroding value of the dollar. Junk silver, pre-1965 U.S. silver coins, dimes, quarters and halves, represent a real investment in silver as they contain 90% silver by weight.
Although many silver investors purchase silver in small quantities, such as in rolls or loose, coin dealers prefer to deal in bags. A bag is described by its weight of the coins it contains.
For instance, a quarter pound bag contains a quarter of a pound of junk silver quarters, dimes, halves or a combination of the three. Now the weight is not the number of coins, but the weight of silver content. So a quarter pound bag actually weighs more than 4 ounces.
GovMint, our featured advertiser, sells quarter pound bags of junk silver for as little as $99.00 making it an affordable way to get into the precious metals investing game.
Bags can contain more than a quarter pound with popular sizes being quarter, half, full pound and larger sizes. After a certain limit however, it can become impractical to purchase larger bags, especially for transport.
What is Junk Silver
Junk Silver is used to describe pre-1965 silver U.S. dimes, quarters, halves and dollar coins. These coins contain a whopping 90% pure silver and can be found in your pocket change.
With silver trading at record highs, now is the time to get into junk silver!
With silver trading at record highs, now is the time to get into junk silver!
Monday
Junk Silver Bags
Labels:
junk silver,
junk silver bags,
junk silver coins,
pre-1965 U.S. silver coins
Posted by
JD
at
1:57 PM
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Junk Silver Blog discusses junk silver, common date coins, junk silver dimes, junk silver quarters, pre-1964 silver coins, pre-1965 U.S. silver coins, silver investing, precious metals, silver, junk silver halves, mercury dimes, Roosevelt dimes, Franklin halves, junk silver investing, silver investments, Washington quarters, war nickels, silver nickels, Morgan dollars, Walking Liberty, spot silver price, spot silver, rising silver prices, junk silver spot, junk silver bags, face value bags, face value silver, junk silver face value
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