Each $1 Face Increment of
Each $1 Face Value Bag contains approximately 0.715 oz of silver.
Each bag contains $100 face value worth of coins. 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.
Older 90 Percent Silver Coins Are Worth at Least Their Face Value. All silver half-dollars, quarters, and dimes made between the 1830s and just prior to 1965 are, at a minimum, 90 percent silver. These coins are often referred to as “junk silver,” but they're hardly junk when it comes to their value.
Junk refers to the collectible value of the coin. These silver bags are a cost-effective way to invest in silver that is also easily divisible. This bag contains pre-1965 silver coins with a face value of $100, for a total of approximately 71.5 Troy oz of silver.
Dealers will generally price their junk silver at the spot price of silver plus a fluctuating premium of say $1.00- $1.50 an ounce. If the spot price of silver is $20 and the premium is $1.00, the dealer will charge $15.30 per ounce of silver; if the premium charged is $1.50 an ounce the dealer will charge $15.80.
Between 1794 and 1935, the US Dollar coin was minted in silver. Although this coin has a nominal face value of one dollar, a silver dollar is worth much more than that due to the value of its pure silver content.
A drachma was approximately a day's pay for a skilled laborer. So 30 pieces of silver (30 tetradrachm), at four drachmas each, would roughly be comparable to four months' (120 days) wages.
Junk silver are common-date coins that are graded below the threshold considered collectible. In other words, any coin worth only it's bullion (or melt) value would be considered junk silver. Usually, junk silver refers to U.S. coins that are 90% silver.
If you have collectible or rare silver coins, a local coin dealer, antique store, or sometimes a pawnshop can be a good fit. If your silver is common, sell it for scrap with a reputable online silver buyer, such as CashforSilverUSA.
Silver dollars are hardy and easy to care for. Although this fish is fairly durable, the aquarist must maintain a very large tank for them. A school or six or more will require an aquarium of 75 gallons or larger.
Like most fish in the aquarium trade, the silver dollar fish you see at the live fish store are small juveniles, nowhere near their full adult size. This species gets pretty big, and they should be kept in schools of five or more, so they require a fairly large tank.
###Morgan and Peace Dollars### If you own any common Morgan or Peace silver dollars that are in worn condition, these are usually worth very close to the current price of an ounce of silver. Rarities or those in exceptionally good condition can be worth hundreds or even thousands of dollars.
One of the benefits of purchasing junk silver is its relatively low cost. It is easy to buy and sell, making it popular among investors and coin collectors. Another pro is that junk silver is still legal tender in the United States. So even if its intrinsic value falls, it'll maintain its denomination or face value.
If you want a cost effective way to build up your precious metal investment portfolio, then invest in a 1 Kilo Silver Bar. These bars of . 999 fine silver provide better value than smaller bars when you compare the price per ounce. You'll own a whopping 32.15 ounces (that's one kilo) of fine silver.
Some Collectible Coins Have a Higher Value
However, some silver coins are worth even more than the value of the silver in the coin. Called collectible or numismatic coins, these are coins collectors will pay extra for due to their rarity or age. Melting them down would be a waste of money.
The Silver Eagle is the only silver bullion coin with a weight, purity, and silver content guaranteed by the U.S. government. These coins have a . 999 purity and contain a troy ounce of silver. The United States Mint produced the first American Silver Eagle coins in 1986.
Approximately 715 ounces of silver per bag. $1,000 USD Face Value.
The junk silver bag contains a total of $10 face value in pre-1965 dimes or quarters and contains approximately 7.15 ounces of silver bullion. It means that your bag might have only dimes or only quarters. You may find: Washington Quarters, Standing Liberty Quarters, and Barber Quarters among your junk silver quarters.
Even though it's counterintuitive, you should never clean a coin, as it can significantly reduce its value. Even coins that have substantial dirt, tarnishing, or toning should be kept in their original condition.