Silver Coins

Silver Dimes

Silver Dimes

Until 1965, U.S. dimes were composed of 90% silver and 10% copper. However, because of rising silver prices, the U.S. Mint decided to continue debasement of coinage by changing the composition of dimes to a copper-nickel alloy, starting with the clad coin production in 1965. Today’s dimes are composed of 91.67% copper and 8.33% nickel.

Online bullion dealers typically offer 90% silver dimes based on the face value that each contains. For example, a $5 Face Value standard bank roll of silver dimes will contain fifty individual pieces that were minted Pre-1965. Each circulated silver dime contains approximately .0715 troy ounces, with each standard $5 Bank Roll of silver dimes having a total of 3.575 troy ounces ASW.

1921 Silver Dollar: Values, History & Collector Guide

Designs of the 1921 Morgan and 1921 Peace Dollars

The year 1921 was a turning point in American coinage, producing both the last Morgan Silver Dollars and the very first high-relief Peace Dollars. Dive into mintage figures, current values, and what makes each coin special—and see why the 1921 Silver Dollar remains one of the most sought-after issues in U.S. numismatics.

Understanding Silver Eagle Premiums

The US Mint is one of the oldest continually operating minting operations in the world and all other mints use variants of the Mint’s processes. The Mint remains one of the world’s largest producer of coins today. Issues related to the production of bullion coins have led to huge increases in Silver Eagle premiums in recent years.

Many investors are looking to buy sovereign bullion coins from other mints. While many are still buying 1 oz silver eagles, some are concerned that the Mint suppliers are also making huge profits from the record high premiums caused by the shortages.

Why Many Prefer Silver Over Gold When Investing in Precious Metals

More people are buying precious metals as a store of value to hold in lieu of cash.

There are a lot of reasons why silver is superior to gold, beyond the most obvious.

Although silver is up over 100% since the start of the pandemic, most believe there is much more upside potential with silver relative to it’s current value.

Investors Losing Confidence in the US Mint, while Coin Minting Reports $171 Million Net Loss

Keeping up with investors demand has been a difficult task for the US Mint. The pandemic lockdowns caused a total shut down of mint operations, forced mine closures and caused other widespread disruptions throughout industrial supply chains.

Problems for the Mint only got worse as investor demand for bullion investment coins skyrocketed because of the pandemic. For a few months, the minting of Silver Eagle coins was secretly shifted to the Philadelphia Mint for the first time in history as backorders began to pile up.

Texas Committee Passes Bill To Create 100% Gold And Silver-Backed Transactional Currencies

cheap silver prices

Legislators in Texas are leading the charge against the Federal Reserve’s monopoly on fiat money by offering an option for people to conduct business in sound money.

Physical gold and silver that would support the backing of the digital currency would be stored in a pooled account at the Texas State Bullion Depository.

Sales Tax When Buying Silver and Gold

$20 Liberty Double Eagle Obverse

Despite the long history of gold and silver being recognized as money, many states continue to tax their citizens for the privilege of owning these metals. The notion of sales tax on precious metals investing is contentious to some and represents a line in the sand between some legislators and investors.

Demand for Silver Eagles Spikes, Along with Premiums

The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.

Several Dealers Increase Order Minimums and Shipping Times

APMEX, JM Bullion, SD Bullion and Money Metals Exchange have announced temporary changes to order and shipping policies upon an increase in order volume in recent weeks amidst the ongoing banking crisis. While premiums on silver eagles have recently risen back above 50% per coin. Lower premiums are available for other sovereign bullion coins such as Britannia, Kangaroo and Philharmonic.