Explore 90% Junk Silver Coins and Face Bags
Delve into the world of 90% Junk Silver Coins, also known as US 90% Silver Coins, which refer to vintage US currency coins valued for their silver bullion content. These coins, comprising half dollars, quarters, and dimes, were minted by the US Government before 1965. It’s essential to clarify that the term “junk silver” pertains to the silver content rather than the condition of the coin, meaning these coins come in various states from nearly brilliant uncirculated (BU) to well-worn. The allure of US 90% silver coins lies in both their silver content and currency value.
The Advantages of Investing in 90% Silver Coins
Similar to American Silver Eagle Coins, 90% Junk Silver Coins hold an official US currency status, making them valid for legal tender transactions. However, they are commonly retained as long-term investments due to their intrinsic silver bullion value. These former US silver coins, like silver dollars and silver dimes, once circulated widely as part of the nation’s standard currency. This practice continued until the 1965 Coinage Act officially removed silver from large circulation coin strikes.
Known by various names, including Constitutional Silver Coins, Junk Silver Coins, pre-1964 and pre-1965 silver coins, 90% Silver Coins hold a special place in the world of precious metals. In periods of heightened silver demand, 90% US silver coins, which haven’t been minted since 1964, act as an early indicator of silver shortages. These coins played a significant role during the 2008 Financial Crisis when silver bullion supply shortages drove premiums on 90% Junk Silver Coins up to 40% above the fluctuating silver spot price.
On the flip side, during calm market conditions with abundant physical silver bullion supplies, older junk silver coins can trade close to the fluctuating silver spot price. When selling 40% or 90% silver coinage during typical market periods, expect to receive an offer price slightly below the fluctuating silver spot price.
Why Invest in Constitutional Silver Coins?
Old US 40% and 90% silver coins retain their legal tender status, but they are more actively traded based on their intrinsic silver content rather than their face values. Many silver enthusiasts cherish these vintage US silver coins for potential use in direct barter or trade, particularly in situations where small-denomination silver coins with about 2.25 grams of silver per coin can be handy for everyday transactions.
The primary motivation behind purchasing and holding old US Constitutional Silver Coins for the long term is the protection they offer against ongoing fiat currency debasement and loss of purchasing power. In essence, silver retains its value over extended periods, allowing holders to preserve a portion of their wealth in these private, tangible, legal tender, precious metal silver coins passed down through generations.
90% Constitutional Silver Coins
Owning 90% Junk Silver Coins, which include silver dimes and silver dollars, is a core component of a diversified precious metals investment portfolio. This is especially true for silver investors seeking the security of currency value and a hedge against economic or currency crises. Due to their smaller denominations, these coins facilitate barter for everyday items during challenging times. Additionally, old US Silver Coins have historically proven to better preserve their value compared to fiat currency over the long run, thanks to their precious metal content.
