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Junk Silver Coins
A "junk silver coins" is a term used in the bullion market for old silver coins minted in the United States, Canada and many other Countries around the world.
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Click Here to go directly to the Coin Calculator
for U.S. Junk Silver Coins.
for U.S. Junk Silver Coins.
Why "Junk?"
It sounds odd to call old silver coins "Junk," but most of these coins are categorized as 'junk' because they have been in circulation for a long time and are generally in poor condition.
These silver coins have no numismatic value or a collector's premium, above the amount of silver contained within them.
In addition, dealers of junk silver coins, usually check the coins for any collectible coins, which is why few people find any real collectible coins in these coin lots.
Gresham's Law
Junk Silver Coins are old pre-1965 circulated coins that Americans used to use in everyday life.
The Coinage Act of 1965 was signed in response to coin shortages caused by the rising price of silver in terms of a devaluing U.S. dollar, the shortage of silver coins in 1965 was blamed on "Gresham's Law."
Gresham's Law is a monetary principle stating that "bad money drives out good."
Money that has intrinsic value because it contains a precious metal will be over-valued and will leave the country or disappear from circulation due to hoarding.
While money that has no intrinsic value and is made of base metals or easily manufactured commodities is undervalued and will flood into circulation. - Sir Thomas Gresham (1519–1579)
After 1965, Gresham's Law was in full effect by Americans hoarding these old circulated silver coins.
Since 1970, after the last 40% Kennedy half dollars was minted, these silver coins have become increasingly harder to find.
Face Value vs. Intrinsic Value
The term "Face Value" is used Only in the terms of the Total Face Value of the Coins' themselves.
Examples:
- 10 dimes = Face Value of $1.00
- 200 half dollars = Face Value of $100.00
- 4000 quarters = Face Value of $1000.00
Junk Silver is often sold in bags of the Face Value's above. However, this is not the price you'll be paying when purchasing the coins; you'll be paying for the weight of the coins at Silver's Spot Price.
Silver Spot Price
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The spot price for silver, is the price for a troy ounce of silver. Junk silver coins have a silver alloy content ranging from 35%, 40% and 90%. When you are pricing "Junk Silver", try not to let the "Face Value" confuse you with the real 'intrinsic' value of the Silver contained within the Bullion Coins. |
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Click Here to learn more about buying Junk Silver Coins and the
practices of the Bullion Dealers who sell them.
U.S. "Junk Silver Coins"
Directly below is a list of U.S. "Junk Silver" bullion coins.
For each coin you will find a obverse and reverse photo, the coin's face value, total weight, purity, silver content, circulated mintage, and the name of the person who designed the coin.
Note: Mintage Figures do not include proof mintages.
FIVE CENTS
1942 - 1945 : War-Time Nickel
Face Value:..............FIVE CENTS
Total Weight:............5 grams
Purity.......................35% / 0.3500 silver
Silver Weight............1.75 grams / .0563 oz.
Metal Composition:...35% silver, 56% copper, 9% manganese
Circulated Mintage:...869,896,100
Designer:.................Felix 0. Schlag
ONE DIME
1892 - 1916 : Liberty Head "Barber" Dime
Face Value:..............ONE DIME
Total Weight:............2.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............2.25 grams / .0723 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...504,317,075
Designer:.................Charles E. Barber
1916 - 1945 : Winged Liberty Head
(Mercury) Dime
Face Value:..............ONE DIME
Total Weight:............2.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............2.25 grams / .0723 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...2,677,153,880
Designer:.................Adolph A. Weinman
1946 - 1964 : Roosevelt Dime
Face Value:..............ONE DIME
Total Weight:............2.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............2.25 grams / .0723 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...6,595,617,673
Designer:.................John R. Sinnock
QUARTER DOLLAR
1892 - 1916 : Liberty Head "Barber" Quarter
Face Value:..............QUARTER DOLLAR
Total Weight:............6.25 grams
Purity.......................90% / 0.900 silver
Silver Weight............5.63 grams / .1808 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...264,670,880
Designer:.................Charles E. Barber
1916 - 1930 : Standing Liberty Quarter
Face Value:..............QUARTER DOLLAR
Total Weight:............6.25 grams
Purity.......................90% / 0.900 silver
Silver Weight............5.63 grams / .1808 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...226,769,600
Designer:.................Hermon A. MacNeil
1932 - 1964 : Washington Quarter
Face Value:..............QUARTER DOLLAR
Total Weight:............6.25 grams
Purity.......................90% / 0.900 silver
Silver Weight............5.63 grams / .1808 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...3,780,077,001
Designer:.................John Flanagan
HALF DOLLAR
1892 - 1915 : Liberty Head "Barber"
Half Dollar
Face Value:..............HALF DOLLAR
Total Weight:............12.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............11.25 grams / .36169 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...135,916,889
Designer:.................Charles E. Barber
1916 - 1947 : Walking Liberty Half Dollar
Face Value:..............HALF DOLLAR
Total Weight:............12.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............11.25 grams / .36169 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...485,320,340
Designer:.................Adolph A. Weinman
1948 - 1963 : Franklin Half Dollar
Face Value:..............HALF DOLLAR
Total Weight:............12.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............11.25 grams / .36169 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...465,814,455
Designer:.................John R. Sinnock
1964 : Kennedy Half Dollar
Face Value:..............HALF DOLLAR
Total Weight:............12.50 grams
Purity.......................90% / 0.900 silver
Silver Weight............11.25 grams / .36169 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...429,509,450
Designer:.................Gilroy Roberts (obverse); Frank Gasparro (reverse)
1965 - 1970 : Kennedy Half Dollar
Face Value:..............HALF DOLLAR
Total Weight:............11.50 grams
Purity.......................40% / 0.400 silver
Silver Weight............4.60 grams / .14789 oz.
Metal Composition:...40% silver, 60% copper
Circulated Mintage:...848,895,006
Designer:.................Gilroy Roberts (obverse); Frank Gasparro (reverse)
ONE DOLLAR
1878 - 1921 : Morgan Dollar
Face Value:..............ONE DOLLAR
Total Weight:............26.73 grams
Purity.......................90% / 0.900 silver
Silver Weight............24.057 grams / .77343 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...656,989,387
Designer:.................George T. Morgan
1921 - 1935 : Peace Dollar
Face Value:..............ONE DOLLAR
Total Weight:............26.73 grams
Purity.......................90% / 0.900 silver
Silver Weight............24.057 grams / .77343 oz.
Metal Composition:...90% silver, 10% copper
Circulated Mintage:...191,028,756
Designer:.................Anthony DeFrancisci
U.S. Junk Silver Calculator
A website apply named 'Silver Coins' currently has the easiest to use Junk Silver Calculator, you can find it by 'Clicking this Link.'
If you want to Buy Junk Silver Coins, scroll down to see a list of reputable Affiliated Dealers who offer these coins.
Where you can
Buy Junk Silver Coins
(from one of the links below)
Bullion Dealers are Not Listed in Any Specific Order
|
"Click Here" for Trust Pilot, Better Business Reviews & other Customer Reviews on the Dealers below. Customer Review links are under Donation Amounts. |
Bullion Exchanges
Junk Silver Coins pageBGASC
Junk Silver Coins pageGoldenEagle Coins
90% Junk Silver Coins page&
40% Junk Silver Coins page
SD Bullion.com
90% Junk Silver Coins pageMoney Metals Exchange
Silver Quarters, Silver Dimes Pre-1965 Junk Silver Coins&
Silver Half Dollars Pre-1965 Junk Silver Coins
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