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 Junk Silver

Junk Silver

Buy 35%, 40%, and 90% Junk Silver Coins Online

Junk Silver is an informal term that is used to describe any silver coin whose value is based on its silver content rather than its stated face value. The “junk” in Junk Silver simply refers to the coin being in a condition less than BU since it has received wear and tear from being placed into circulation for decades.  Some Junk Silver Coins are even collectible items worth more than the silver content because of certain mint marks, or dates that have lower mintages or superior condition.  Synonymous with 35%, 40% and 90% Silver Coins of the United States, Junk Silver may also refer to coinage of other nations that are comprised of silver such as coins of the United Kingdom, Canada, and Australia. While a Junk Silver Coin typically does not increase the value of any coin collection, there is always a high demand for it among people who want to buy precious metals near the spot price of silver.

Why is it a Good Idea to Invest in Junk Silver?

Investors, as well as survivalists, make an effort to collect Junk Silver for many practical reasons. First, these coins can be purchased with little to no premium, meaning they can be bought near the spot price of silver, especially during stable economic periods. Also, compared to minted silver and gold bullion, Junk Silver Coins are easier to barter with or spend and trade in smaller amounts. Plus, their value is also less likely to be disputed compared to silver bars or rounds. Finally, despite the name, Junk Silver Coins are still legal tender and they retain their face value even if there are fluctuations in the market price for silver.

Types of Junk Silver Coins

The most common US coins that are collected as Junk Silver were minted prior to 1965 and include 90%, 40%, and 35% silver coins. 90% Junk Silver Coins include Morgan and Peace dollars; Liberty Head, Walking Liberty, Franklin and 1964 Kennedy Half Dollars; Liberty Head, Standing Liberty, and Washington Quarter Dollars; and Liberty Head, Roosevelt, and Winged Liberty Head or Mercury Dimes. John F. Kennedy Halves minted from 1965 to 1970 contain 40% silver.  Jefferson nickels, or war time nickels, minted from 1942 to 1945 contain 35% silver as the copper typically was allocated to goods and supplies needed for World War II.

In the UK, the most commonly collected Junk Silver Coins were minted before 1946. These coins are composed of either 92.5% or 50% silver. In addition, Canada, Australia, Mexico, and many other countries around the world also have their share of coins that can be considered junk silver in today’s market.

Buy Junk Silver from Goldmart

Despite the name, Junk Silver Coins make a wonderful addition at a low cost to silver inventories and asset portfolios. Acquiring Junk Silver can help investors diversify their assets and protect it against the effects of inflation. What’s more, Junk Silver is more affordable than bullion coins and can be sold and traded quite easily.

The pieces that make up Goldmart’s wide selection of Junk Silver Coins are all offered at affordable prices. A member of the Certified Coin Exchange and authorized by the NGC and PCSG, Goldmart is a trusted seller and buyer of precious metals. Take a look at our collection and add Junk Silver Coins to your inventory today.