Half dollar silver coins were extremely important to the economy during the gold and silver standards. Each silver half dollar contains .3575 troy ounces of silver. Minting of everyday coins made from silver ceased in 1964 with the release of the Kennedy 90% Silver Half Dollar. Franklin 50 cent piece coins were minted from 1948 until 1963. The Walking Liberty, sometimes referred to as "Walkers", were minted from 1916 until 1947.
Most online bullion dealers sell junk silver based on the face value amount of the legal tender coins.
Online bullion dealers do this to make the math simple and easy when shopping for junk silver as it provides a fairly standard methodology for measuring.
The determination that a $1 face value roll of pre-1965 silver coins contains .715 troy ounces of silver is based on coins the weight of the coins when they were minted. Small amounts of silver are slowly scraped off over time due to circulation. It is the reason why many Walking Liberty Half Dollar coins are thinner than their Kennedy counterparts.
Heavily circulated and cull condition coins are visibly thinner to the naked eye when compared to a uncirculated coin.
Not all $10 Face Value rolls contain equal amounts of silver. Heavily circulated, worn, cull and damaged coins contain less silver than uncirculated coins
This includes half dollars that are sold with partial or no dates. Individually, the weight difference is hardly noticeable. When comparing two stacks of $10 Face Value Half Dollars side-by-side, a stack containing slick, no dates and cull walking liberty coins will be noticeably shorter.
When buying junk silver in bulk, which includes any large amount of face value, it is best to purchase coins from newer mintages due to the intrinsic value that can be lost due to circulation. This becomes more and more obvious with smaller denomination silver coins that would have been handled much more frequently than larger coins.
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