90% silver half dollar coins are a popular choice for investors for a variety of practical reasons. These coins were minted by the US Mint and are widely recognized making it easy to identify genuine coins. Most often, junk silver half dollars are in better condition due to their limited circulation.
Most junk silver is traded by online bullion dealers based on the face value amount of the coins. This is done to make the math simple and easy as it provides a fairly standard methodology for measuring when buying junk silver.
Small amounts of silver are slowly scraped off over time due to circulation and is the reason why many Walking Liberty Half Dollar coins are thinner than their Kennedy counterparts. The determination that a $1 face value roll of pre-1965 silver coins contains roughly .715 troy ounces of silver is based on coins the weight of the average circulated coins.
Heavily circulated, cull condition and dateless slicks are visibly thinner to the naked eye when shown side-by-side with uncirculated coins. Individually, the weight difference is hardly noticeable. However, when buying junk silver in bulk, including any 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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