These coins are packaged in bags of $1000 (by total face value). There is approximately 715 troy ounces of pure silver in each bag. These bags are an affordable and popular way to own low premium silver.
Melt Value: $1000 Face Value - 90% Circulated Silver Coins
This silver coin contains 715.00 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one $1000 Face Value - 90% Circulated Silver Coins is $17367.35 based on today's silver spot price.
The 90% Silver $1000 Face (Full Bags) represent the best priced option to invest in coin silver from 1964 and earlier! Full bags weigh approximately 715 ounces of pure silver and the bags themselves weigh around 60 troy pounds!
Approximately 715 ounces of silver per bag. $1,000 USD Face Value.
Product Highlights
Each bag will have only quarters or only dimes; Weighs approximately 71.5 troy ounces of . 900 fine silver; Varied designs from coins minted prior to 1965.
A $1000 face value 90% Silver Bag weighs about 54 pounds and the contents are sometimes called “junk” silver. This unfortunate name was developed in the 1970's and used to describe a bag of average circulated silver coins which did not contain coins which were rare or collectable and so traded for their silver weight.
Buy $500 face value bags of US Pre-1965 90% Silver Coins (often referred to within the silver bullion industry as junk silver coins). Each $500 face value bag of junk silver coins contains 357.5 troy ounces of silver. These 90% silver coins circulated in the United States dated 1964 and earlier.
The US Mint was established in 1792 and has become one of the most renowned minting institutions in the world. Our $1,000 face bag Of 90% junk silver contains approximately 715 ounces of pure silver. Moreover, the bag consists of US coinage with a total face value of exactly $1000.
At spot valuation of $28/ozt in 2021, 30 "pieces of silver" would be worth approximately $91 to $441 in present-day value (USD) depending on which coin was used.
Junk Silver Has Real Investment Value
Even with a dealer markup, collectors can approach any bullion coin dealer for a junk silver bag. Premiums are low, especially for the 90% silver bags, and that makes them a popular investment. This situation is not the case with many other types of coins and bullion.
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.
Each bag contains $100 face value worth of coins. There is approximately 71.5 troy ounces of pure silver in each bag.
This bag contains pre-1965 silver coins with a face value of $500, for a total of approximately 357 oz of silver.
Each $10 Face Value Bag contains approximately 7.15 oz of silver.
Selling Junk Silver is Just as Easy as Buying it!
Unlike many forms of precious metal investments, such as gold or silver bars, it's just as easy to sell junk silver as it is to buy. Because junk silver has no numismatic value, there is no need to find a collector.
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.
There are many different places where we can sell scrap silver near me. Local coin dealers, coin shows, and pawn shops are three very common options. The advantage to selling silver at these local places is that it comes with an extremely human touch.
90% (Percent) Silver Coins with a $1 Total Face Value Random Coins Our Choice- Limited Availability at this Price! Each $1 Face Value Lot contains . 715 ounces of actual silver weight.
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 $50 face value per bag (35.75 oz pure silver content per bag).