Up through (and including) 1964, circulating US dimes, quarters, half dollars and silver dollars were made of 90% silver and 10% copper, meaning they were just "pocket change" (production of the large 90% silver dollar coins had actually ended in 1935). This reduction or elimination of silver from our circulating coinage made the pre-1965 90% junk silver coins immediately collectible, and they were plucked out of circulation and saved by smart Americans who recognized their great investment potential. While these coins are far from "junk", the term "junk silver" is commonly used to describe them - and it simply means that they are common coins whose only value is derived from their silver content. They have no real value as collectible coins, only as a way to hold silver.
72344 ounces of pure silver. However, to account for average but not excessive! 715 ounces of pure silver.
We highly recommend that people own junk silver coins for several reasons. Unlike generic silver bars or rounds which are sometimes counterfeited, the chances of someone counterfeiting a 1964 silver quarter is highly unlikely. This gives junk silver coins a level of liquidity not usually found in such a low premium precious metal item.
If the US economy collapses and people resort to using silver and gold for bartering purposes, not only will the demand for physical metals soar because everyone will need it (which will also send prices rocketing skyward), the supply could potentially dry up overnight as people will likely hoard it. If metals prices skyrocket, having very small denomination coins like 90% silver dimes or quarters will be much easier to barter with for daily needs such as groceries, gas in the car, lunches, etc. The item "US 90% Junk Silver Coins, $10 Face Value SKU #90010" is in sale since Tuesday, May 9, 2017.
This item is in the category "Coins & Paper Money\Coins\ US\Collections, Lots". The seller is "nashville_coin_gallery" and is located in Brentwood, Tennessee. This item can be shipped to United States.