AGSD BULLION $100.00 ( FACE VALUE) BARTER BAG JUNK SILVER
AGSD ( $100.00 USD) FACE VALUE “JUNK SILVER “ BARTER BAGS, All 1964 OR BEFORE CONSTITUTIONAL 90% SILVER , MIXED LOTS , DEALERS CHOICE, SOME WORN DATES, ( HALF DOLLARS, QUATERS, DIMES) 71.5 Oz ”BATAH IF WE GOTTA”!!!
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The history of pre-1965 Silver coins
Prior to 1965, U.S. Silver coins such as dimes, quarters and half dollars were composed of .900 fine Silver; however, their composition changed as a result of the Coinage Act of 1965. Silver prices were on the rise at this time in history, and the U.S. Mint’s supply of Silver was low, creating the need for the act. As a result, quarters and dimes no longer contain any Silver, but are instead composed of layers of Copper-Nickel and pure Copper, and Silver half dollars were reduced to 40% Silver. Coin bags of pre-1965 Silver half dollars, Silver quarters or Silver dimes are known as junk Silver even though they are very valuable because of their Silver content.
About $100 Bags of 90% Silver US Coinage
Even though modern circulating coins are no longer made of silver, you can still purchase these 90% silver coins. These coins were common in pocket change until the 1960s, when wise collectors picked them out of circulation and the US Mint eliminated silver from American coinage. They are still prized by both collectors and investors.
Here are some highlights of these coins:
- Legal tender coinage produced by the US Mint 1892-1964.
- You may receive our choice of dimes, quarters, or half dollars, or some combination thereof. The coins you receive may all be of one type or a mix of different coins.
- Silver was removed from most US coinage in 1965.
- These coins are comprised of 90% silver, 10% copper; each dollar of face value contains about 0.715 troy ounces of silver.
- Packaged in canvas bags of $100 face value per bag (71.5 oz pure silver content per bag).
- 90% silver quarters are a commonly traded and widely recognized investment product.
Since their value is based primarily on silver content rather than collectible value, “junk silver” coins can be one of the lowest-premium or highest premium US Mint products available. All depends on the supply and demand and the silver economy markets. But I can always have these $3.00 dollars over spot for you or lower guaranteed.
The United States Mint produced 90% silver coinage from the 1790s to the 1960s. For most of American history, these coins were commonly encountered in everyday commerce. When silver prices rose due to inflation in the 1960s, the melt value of these coins began to exceed their face value, and wise collectors hoarded them. In 1965, faced with a dearth of circulating coinage, the Mint eliminated silver from most American coins. Today, most coins are made from a copper-nickel alloy and contain no silver.
However, circulated 90% silver coins are still traded as an investment product around the world. These coins are sometimes referred to as “junk silver” because they are in circulated condition, but make no mistake: they are a wise investment, indeed. If you put away $500 in cash in 1965, you’d still have $500; but a bag of silver coins is now worth many, many times that!
These 90% silver coins are a convenient way to own silver. Should silver ever be used as a means of barter or become part of everyday commerce once again, these quarters will be common and widely-accepted. Additionally, they are a special part of American numismatic history, as some of these beautiful coin designs have not been seen in everyday life for over a half century.
These coins are packaged in bags of $100 (by total face value). There is approximately 71.5 troy ounces of pure silver in each bag. These bags are an affordable and popular way to own low premium silver.
|Date||Random Dates (Pre-1965)|
|Purity||.900 Fine Silver|
|Country of Manufacture||United States|
|Manufacturer||United States Mint|
• Bag size 15”x17”
• Twin cotton handles
• Drawstring closure
• 100% spun polyester