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Junk Silver Currency

90% Junk SIlver Currency

The US Government issued 90% silver, 10% copper in most of their circulated coins in 1964 and before. To save money, the US Mint was ordered to use only 40% silver, 60% copper in their coins. Then, in 1971, the US Mint produced the nickel-clad...

Product Dealer Cheapest Price
$1 Face Value 90% Silver Coins Provident Metals $12.10
Mercury Dimes $1 FV BOLD Precious Metals $13.15
Circulated Peace Dollar Culls Golden Eagle Coins $16.57
Random Year Peace Dollar Silver Coin Provident Metals $19.10
1878-1904 Morgan Silver Dollars (Random Years) Monument Metals $25.25
Roosevelt 90% Silver Dimes $5 face value Roll BGASC $60.71
$10 Face Value 90% Silver Coins SD Bullion $120.94
Ben Franklin Half-Dollars 90% Silver $10 Face Value Monument Metals $128.63

How to buy the cheapest Junk Silver Currency searches over 30 national and reputable bullion dealers to find the lowest prices on Junk Silver Currency. The prices on our site are updated hourly and adjusted for silver spot price. This gives you the tools to compare silver prices and compare Junk Silver Currency prices. This helps you get the best prices on Junk Silver Currency.

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Compare Junk Silver Currency prices

We compare the prices of Junk Silver Currency from national reputable bullion dealers. Our product listings compare the online prices to help you buy the cheapest Junk Silver Currency.

Quick Facts About Junk Silver Currency

Junk Silver is a commonly used name for coinage that contained 90% silver that was in circulation in the United States prior to 1965. Buying Junk Silver is a one of the best and most affordable ways to grow your investment in precious metals.

The term "Junk Silver" is broad term that includes any government issued coinage that was in circulation containing silver that has no numismatic value to coin collectors. It is collected only for the silver content that it contains.

In the United States, coinage that contained 90% silver was in circulation prior to 1965. Coins containing 90% Silver were minted by the US Mint. The coinage included dimes, quarters, half-dollars and one-dollar coins. During World War 2, some nickels were minted with 35% silver alloy as well.

Buying Junk Silver at or Below Spot Price

Silver investors flock to junk silver because it is often available at or close to silver spot price and can be found with little to no premium.

There is a limited supply of junk silver available. Although millions of coins containing silver were minted by the US Mint they have not been minted for more than 50 years.

The most common types of junk silver available on the market today is described below. The values are based on a silver spot price around $16.35 on April 30, 2018.

Coin Years Minted Silver Content Total Weight Silver Weight Approximate Melt Value
Junk Nickels
Jefferson "War Nickels" 1942-1945 35% 5 grams 1.75 grams (0.0563 troy ounces) $0.92 per coin
Junk Dimes
Liberty Head "Barber Dime" 1892-1916 .90 2.5 2.25 grams (.072 troy ounces) $1.18 per coin
Winged Liberty "Mercury Dime" 1916-1945 .90 2.5 2.25 grams (.072 troy ounces) $1.18 per coin
Roosevelt Dime 1946-1964 .90 2.5 2.25 grams (.072 troy ounces) $1.18 per coin
Junk Quarters
Liberty Head "Barber Quarter" 1892-1916 .90 6.25 5.625 grams (.181 troy ounces) $2.96 per coin
Standing Liberty Quarter 1916-1930 .90 6.25 5.625 grams (.181 troy ounces) $2.96 per coin
Washington Quarter 1932-1964 .90 6.25 5.625 grams (.181 troy ounces) $2.96 per coin
Half Dollars
Walking Liberty 1916-1947 .90 12.5 11.25 grams (.362 troy ounces) $5.92 per coin
Franklin 1948-1963 .90 12.5 11.25 grams (.362 troy ounces) $5.92 per coin
Kennedy 1964 .90 12.5 11.25 grams (.362 troy ounces) $5.92 per coin
Kennedy 1964-1969 .40 12.5 5 grams (.148 troy ounces) $2.42 per coin
Morgan Dollar 1878-1921 .90 26.73 24.06 grams (.773 troy ounces) $12.66 per coin
Peace Dollar 1921-1935 .90 26.73 24.06 grams (.773 troy ounces) $12.66 per coin

The best junk silver for investment

Some junk silver coins have numismatic value to collectors and will carry a higher premium over spot. These are typically early minted coins such as Liberty Head and Mercury Dimes, Liberty Head and Standing Liberty Quarters and Walking Liberty Half-Dollars. Morgan dollars and Peace dollars will also carry a fairly high premium over spot price.

The junk silver coins that will be available at or close to spot price will be those that had high circulations and were minted during the later years of the time when coinage was minted with 90% silver. Those include Roosevelt Dimes, Washington Quarters, Franklin and Kennedy Half-Dollars.

When the minting of these coins was changed to copper clad in 1965 many collectors hoarded and saved the coins containing 90% silver as a way to hold and store the precious metals content.

Junk silver is an informal term used for any silver coin which is in fair or cull condition and has no numismatic or collectible value above the bullion value of the silver it contains. Such coins are popular among people seeking to invest in silver, particularly in small amounts. The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins; junk silver is not necessarily scrap silver.

Precious metals including silver are measured in troy ounces (ozt). A spot price for silver is the price for a troy ounce of silver which is 99.9-percent pure, or 999 fine. Silver coins including junk-silver coins have set silver-alloy contents ranging from 35-percent to 90-percent or more. The term "coin silver," for example, refers to 90-percent silver alloy which was the most common alloy used to mint silver U.S. coins.

Any combination of 90-percent silver U.S. coins which have a face value of US$1.00 contains 0.715 troy ounces of 99.9-percent silver (0.7234 troy ounces if uncirculated), except for the silver dollars (Morgan and Peace) which contain .7736 troy ounces of silver. In other words, a full troy ounce of 99.9-percent silver is contained in any combination of 90-percent silver U.S. coins which have a face value of $1.40

History of Junk Silver Currency

Silver Dollars

Besides the penny and the nickel, US coins 1964 and earlier contained silver content. This includes silver dollar coins like the Morgan dollar and the Peace dollar.

Silver Half Dollars

Franklin half-dollar coins were minted from 1948 until 1963. The Franklin half-dollar coin was replaced by the Kennedy half-dollar coin. The Kennedy half-dollar coin was minted in 90% silver in 1964. From 1965-1969 Kennedy half-dollar coins were minted with 40% silver content.

Silver Quarters

The Washinton quarter was first struck and put into circulation in 1932. The Washington Quarters were 90% silver from 1932 until 1964. Starting in 1965, Washington Quarters were minted as a copper/nickel alloy.

Silver Dimes

Mercury dimes were all produced with 90% silver content. Roosevelt dimes produced before 1965 also contained 90% silver.