Junk silver (also known as 90% Silver) is a phrase or name used in the United States, United Kingdom, Canada and Australia for any silver coin which is in great to cull condition and has no numismatic or collectible value larger than the bullion value of the silver it contains.
All U.S. Minted Half Dollars, Quarters and Dimes 1964 and OLDER are comprised of 90% Silver.
The actual value of most circulated coins minted from the 1920′s through 1964 is primarily from their silver content. The term "junk silver" often times is mistaken to be referring to the condition of the coin. In reality, 90% silver coins or "junk silver" come in a large variety of conditions from near brilliant uncirculated (BU) to circulated (worn) all the way to cull condition (worn smooth).
Similar to the modern minted American Silver Eagle Bullion Coins, 90% Junk Silver Coins are official U.S. Minted currency could be used as a means of legal tender face value payment, yet this would not be a wise decision to spend them at the store for goods or services given the silver bullion value contained within them is much greater than their face value.
United States Coins made of Silver were once standard and a very large part of The United States standard circulation coinage. This began with the signing of the 1792 Coinage Act and continued until silver coins were removed from circulation by the 1965 Coinage Act.
Junk Silver coins can still be found in circulation, even though after the past 5 years or so, people have got much more motivated to be seeking them out. At Texas Gold and Silver Buyers of San Antonio, we purchase Junk Silver coins for TOP DOLLAR CASH. In addition to buying Junk Silver, we also purchase ANYTHING that is Gold, Silver Platinum or Palladium. This includes but is not limited to: Coins, Bullion, Jewelry, Scrap Gold and Silver, Sterling Silver, and Dental Gold.
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Texas Gold and Silver Buyers
3435 Thousand Oaks, Suite 107
San Antonio, Texas 78247
Thanks for stopping by our blog. My name is Evan and I am the owner of Texas Gold and Silver Buyers in San Antonio. From time to time I will post blog entries to help educate and inform our customers and potential future customers on all aspects of Precious Metals (Gold, Silver, Platinum & Palladium!)