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The Ultimate Guide to 90 Percent Silver Coin – Junk Silver, Dime

Oct 2, 2023 | Coins & Bullion, gold and silver bullion coins salem oregon, Silver Bullion, silver buyer near me, Silver Coins

Unearthing the True Value: The Ultimate Guide to 90% Silver Coins & Junk Silver Dimes

Delve into the captivating realm of 90% silver coins, junk silver, and dimes as we reveal their true worth. This comprehensive guide is a must-read for seasoned coin collectors, budding numismatists, and investment enthusiasts alike. Discover why these coins carry more than just face value and how they can be a valuable addition to your collection or investment portfolio.

Key Takeaways:

  • Understanding the intrinsic value of 90% silver coins and junk silver.
  • Determining the worth of silver dimes and half dollars.
  • Exploring various silver coin types and their market value.
  • Unveiling the secrets of selling your coins for the best price.
  • Decoding the nuances between rare and common silver coin variants.

What Are 90% Silver Coins?

Used broadly to refer to US coins minted before 1965, 90% silver coins are legal tender that contain 90% silver and 10% copper alloy. These coins—made up of quarters, dimes, and half dollars like the Kennedy Half Dollar—were a staple in everyday transactions. However, the government stopped using silver in coinage due to the rising price of silver. Today, these coins are highly sought after by collectors and investors due to their silver content and numismatic value.

The value of 90% silver coins is primarily determined by their silver content. To calculate this, one must consider three factors: the current spot price of silver, the coin’s silver weight, and the coin’s face value. The coins’ worth typically exceeds their face value due to the intrinsic value of the silver they contain. This is why discerning buyers and sellers rely on trusted coin dealers like Accurate Precious Metals to ensure they get the best possible deals.

What Is Junk Silver?

Junk silver refers to silver coins in circulation prior to 1965 that contain a higher silver content—making them 90% silver. These coins, unlike rare collectibles, carry value mainly for their silver bullion content rather than their rarity or condition. Junk silver coins are an affordable way to invest in silver, providing a tangible asset that retains value during times of economic instability.

Because junk silver coins were minted for circulation, they are typically worn and not in pristine condition. Despite this, they are still worth more than their face value due to their silver content. Accurate Precious Metals offers generous buy prices for junk silver, significantly better than what you would receive from a pawnshop.

Why Are Silver Dimes Valuable?

Silver dimes, particularly those minted prior to 1965, are valuable for their silver content. Their worth is determined by the current spot price of silver and the amount of silver contained within the dime. These coins may be worth several times their face value, making them a prized asset for collectors and investors alike.

The most common silver dime is the Roosevelt dime, produced from 1946 to 1964. It contains approximately 0.0723 troy ounce of silver, which translates to intrinsic value tied to the silver price. Other older silver dimes are worth even more due to their numismatic value. When looking to buy or sell silver dimes, turn to a trusted dealer like Accurate Precious Metals, not a pawnshop, for the best prices and service.

What About Half Dollars?

90% silver half dollars, like the famous Kennedy half dollar or earlier versions, carry a significant amount of silver. Like dimes and quarters, half dollars minted before 1965 are composed of 90% silver, making them highly valuable to collectors and investors. The value of these coins goes far beyond their face value, reflecting the current market value of silver.

Half dollars are also notable for their historical significance. For instance, the Kennedy half dollar was commissioned shortly after President John F. Kennedy’s assassination in 1963. Due to its association with President Kennedy, this coin carries both numismatic and sentimental value, making it a popular choice among collectors.

How Do Different Silver Coin Types Affect Value?

The type of silver coin you possess plays a crucial role in determining its value. Coins with a higher silver content, such as those minted before 1965, are typically more valuable due to their silver per weight ratio. On the other hand, coins minted after 1965 contain less silver, reducing their worth. Understanding the silver coin types is essential for properly assessing their value.

Notably, older silver coins are worth more due to their rarity. Coins minted in limited quantities or those with errors are considered rare and can fetch high prices. However, the coin’s condition also significantly affects its value. Coins in better condition attract higher prices, especially among collectors. Always consult a reputable dealer like Accurate Precious Metals to determine the value of your collection accurately.

How Much Silver Is in a 90% Silver Coin?

A 90% silver coin is comprised of 90% silver and 10% copper alloy, which gives the coin durability. The silver content of individual coins varies based on their denomination. For instance, a pre-1965 silver dime contains approximately 0.0723 troy ounces of silver, a quarter contains around 0.18084 troy ounces, and a half dollar—like the Kennedy—contains about 0.36169 troy ounces of silver.

To calculate the actual silver weight (ASW) of a batch of 90% silver coins, one can multiply the total face value of the coins by 0.715. This figure represents the total ounces of pure silver in the coins. However, this is a general rule and may vary slightly due to wear and tear on circulated coins.

Are All 90% Silver Coins Worth Their Face Value?

90% silver coins are worth at least their face value, but typically, they are worth much more. This is due to the value of the silver they contain, which is often significantly higher than the coin’s face value. The coin’s worth will fluctuate with the spot price of silver and can increase even more if the coin is rare or in extremely good condition.

It’s important to note that while all 90% silver coins have intrinsic value, not all are created equal. Some coins may be worth more due to collectible value or numismatic interest. Always consult with a reputable coin dealer like Accurate Precious Metals to ensure you are getting the most accurate value for your coins.

Where Can You Sell Your Silver Coins?

If you have 90% silver coins or junk silver that you’re interested in selling, it’s important to choose the right buyer. While pawnshops may be an option, they often offer far less than the coins’ true worth. A better option is a reputable dealer like Accurate Precious Metals, who understands the worth of your coins and can offer you a competitive price.

Accurate Precious Metals is physically located in Salem, Oregon, but serves customers across the nation with our mail-in service. You can mail in your gold, silver, diamonds, or jewelry. We’ll evaluate your items and provide a fair and competitive offer. Unlike pawnshops, we specialize in precious metals and can accurately assess the true value of your coins.

How Do You Determine If Your Silver Coins Are Rare?

Not all silver coins are created equal. Some are rare and highly sought after by collectors. These often showcase uncharacteristic mint errors, limited production runs, or historical significance. To determine if your silver coins are rare, consider factors such as the mint year, mint mark, and overall condition.

Even if your coin isn’t particularly rare, it can still hold significant value due to its silver content. Always consult a reputable coin dealer like Accurate Precious Metals to accurately determine the value of your coins. We offer the expertise and resources to assess your coins and provide you with a fair and competitive offer.

Conclusion: Key Points to Remember

  • 90% silver coins, junk silver, and silver dimes carry significant value due to their silver content and potential numismatic value.
  • Assessing the worth of these coins requires understanding the spot price of silver, silver content in the coin, and the coin’s face value.
  • Reputable dealers like Accurate Precious Metals can help determine the true value of your coins and offer competitive prices.
  • While pawnshops may offer less than your coins’ true worth, Accurate Precious Metals provides a more rewarding experience.

FAQs: Ultimate Guide to the Value of 90 Percent Silver Coins

Q: What is 90 Percent Silver Coin?

A: A 90 percent silver coin refers to a coin that is made up of 90 percent pure silver and 10 percent copper or other alloy metals. These coins are also known as junk silver coins.

Q: What are some examples of 90 Percent Silver Coins?

A: Some examples of 90 percent silver coins include silver dollars, silver quarters, silver dimes, and silver half dollars.

Q: How much is a 90 Percent Silver Coin worth?

A: The value of a 90 percent silver coin is determined by the current price of silver, also known as the silver spot price. Additionally, the face value of the coin may also contribute to its overall worth.

Q: Are 90 Percent Silver Coins worth at least their face value?

A: Yes, 90 percent silver coins are worth at least their face value due to the valuable silver content they possess.

Q: Can I sell my 90 Percent Silver Coins?

A: Yes, you can sell your 90 percent silver coins. The value will depend on factors such as the condition of the coin, the current price of silver, and any potential collectible value.

Q: How do I determine the value of my 90 Percent Silver Coins?

A: The value of your 90 percent silver coins can be determined by considering the silver spot price, the rarity and condition of the coin, and any potential numismatic value.

Q: What is the silver spot price?

A: The silver spot price refers to the current price of silver on the market. It is used as a benchmark for determining the value of silver coins and bars.

Q: Can I buy 90 Percent Silver Coins?

A: Yes, you can buy 90 percent silver coins. They are popular among investors and collectors due to their silver content and historical significance.

Q: What are some tips for investing in 90 Percent Silver Coins?

A: When investing in 90 percent silver coins, it is important to consider factors such as the condition of the coins, the number of coins in your collection, and the current price of silver. It is also advisable to buy from reputable dealers or auction houses.

Q: What are some other forms of silver investment?

A: Apart from 90 percent silver coins, other forms of silver investment include silver bars, silver bullion coins, and silver bullion bars.

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