Previously circulated silver is another safe way to hold silver for the long run. This refers to dimes, and quarters minted in the U.S. before 1965. You can easily find them in coin shops, and in generous supply.
The key, no matter which form of physical silver you choose to invest in, is to get on board NOW and to take possession of what you purchase.
While there are subtleties, depending on particular economic conditions that may impact which are better to hold or to trade, pre-1965 coins are perfect in conjunction with or instead of
silver rounds and
Even wikipedia has an entry on junk silver.
Premiums have continued to rise on American Silver Eagles -- as well as Maple Leafs. Silver rounds are becoming scarce at the local level. Junk coins have maintained a relatively low premium throughout the last few years of extreme volatility.
In the event of
or a continuing dollar slide, which many predict will become a reality, the need for or a reversion back to an alternative currency could likely arise. Silver has always played a dual role as money and industrial commodity. This is bullish due to the fact that less silver exists for investment each year.
However, the existence of circulated silver coins or pre-1965 coins makes it a perfect candidate for exchange. A minor downside is the calculation and education that would need to occur on the street if a secondary silver currency evolved. And these coins, which can be purchased in many different combinations, can take up a little more space and require a bit more time in verifying.
There is often confusion about 90% silver, because to the many names it might come by in the coin world.
For example, when you purchase
bags of silver coins
, it often means the same thing as junk silver or 90% coins.
The same applies to junk silver coins and bulk silver coins.
And it can be confusing calculating the price of junk silver coins.
One cool thing about previously circulated coins like this is often dealers are willing to "break up" the bags into smaller denominations, making it easier for the average investor to dollar cost average in to a position.
You can always learn more about this by signing up for our free guide and e-course. The link is the navigation bar to the left. Once you are signed up - you can email me with your questions.
Further reading related to Junk Silver:
Here's a good calculator if you find yourself getting bogged down with the math with 90% silver.
For a great way to get started now with rare silver coins, download our Free Guide To Investing in Silver Coins.
Click Here to Read About Bartering With Junk Silver Coins
Again, there are similarities between what some refer tp as pre-1965 and wholesale silver coins. Find out more here.
What about 40% junk silver coins. Click here to learn more.
And here's a way to get even more out of your junk silver.
Wholesale Silver Coins Are the Chance of a Lifetime
Junk Silver, Offered In Bags Of Silver Coins, Is The Hot New Trend In Investing
Bulk Silver Coins: The Hidden Treasure
Junk Silver Coins Offer Rewards
The Price of Junk Silver Coins Are Right For Investment
Understanding Circulated Silver Coins and the Right Way to Invest in Silver
Junk Silver Coins in a Barter Economy
Getting More From Your Junk Silver
Junk Silver Coins: The 40% versus 90%
Here's the survivalist's perspective:
Junk Silver Versus Junk Gold for Barter
Worst case scenario, do you really want to barter with silver? What about junk gold -- i.e, old rings, links, chains, etc.
What do you think?
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Old is Gold Not rated yet
It is said that old is gold. Old silver coins (why call them junk) are gold. Yes, these silver coins have increased in value many times above the face …
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