Us coins silver content
There are roughly a dozen different types of United States silver coins that are widely bought as bullion pieces. coins A Brief Timeline of American Silver Coins Non-rare, non-collectible 90% silver coins are often referred to as "junk silver." By contrast, rare coins and uncirculated coins may be worth much more.Īssortment of 90% junk silver U.S. And, from the pure silver stacker’s standpoint, $2 million is a lot of money to pay for barely an ounce of silver, isn’t it? Is it a great collector coin? Absolutely… But its worth as a rarity is staggeringly high and independent of its silver value. It is a tremendous rarity known as "The King of American coins," and realizes more than $2 million at auction. That particularly silver dollar saw just 15 pieces made. It's not because their silver content isn’t valuable, but rather because the numismatic or collectible value of the coin far exceeds its bullion value.įor example, the 1804 Draped Bust dollar contains around $25 of silver content. silver coins make excellent investments from the precious metals standpoint. (That would seem to belie the common nickname of the otherwise base metal coin’s denomination.) And then there are the silver wartime “nickels” of the 1940s, which contain 35% silver content. Other silver coins may be further from your radar, including three-cent silver coins and half dimes.
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Some of these silver coins are perhaps obvious, including the silver dollar-arguably America’s most iconic silver coin. Many silver coins have been struck over the course of United States Mint history, which traces back to 1792.
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The American Silver Eagle is the only coin on the list that is 99.9% pure silver.