90% Silver Coins Dimes, Quarters, Halves?
Posted by junkgurl in Junk Silver Coin FAQ, tags: coins, dimes, halves, quarters, silverQuestion by Jimmy W: 90% Silver Coins Dimes, quarters, halves?
So I have been investing in some silver but I am currently interested in buying 90% silver coins.
Can anyone tell me in detail whats the difference in buying
1. A 00 Bag of 90% Silver mixed with dimes and quarters
vs
2. A 00 Bag of 90% Silver of .50 Cent Halves Only
vs
4. A 00 Bag of 90% Silver of .50 Walking Half Liberty Only.
Also what would the advice be to get? Please provide detailed information and a source of your knowledge.
Thank you! God Bless!
Best answer:
Answer by Gorkbark Porkduke Gefunken Fubar
No real difference. This is considered junk silver coins and the value is based on the silver content. Cost should be based on weight, not face value.
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Originally posted 2010-08-17 00:47:48. Republished by Blog Post Promoter
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Go to the source for info:
http://www.usmint.gov/collectorsClub/
If I weren’t invested in an exchanged traded silver bullion fund (SLV), I would be looking into these:
http://www.usmint.gov/mint_programs/?action=american_eagles
Walking Liberty halves should go for somewhat of a premium because of their age as also should Mercury dimes. There should be no difference between mixed dimes, quarters and Franklin halves, I do not believe. I do think that the mixed bag should be a tad less expensive because it is easier to construct. But as for silver content they are all the same more or less. There is one thing to consider though. That is the wear of the coins. The walkers might be substantially more worn–many are–which would mean that the actual weight of silver would be less.
Here is another thought to consider. Supposing worse comes to worse and US paper money is no longer accepted–Don’t laugh. There is that possibility. I am somewhat reluctant to accept it now–a nice mixture of silver coins of various denominations would be extremely nice to have. A silver dime might buy you lunch. A silver quarter 5 gallons of gasoline. A silver half your choice of all kinds of delights. Silver might become the exchange of choice and those that have it will be in the drivers seat.