![]() These coins are also referred to as “junk silver coins,” as they’re primarily bought and sold for the silver content of the coins. You can expect to pay a premium of 3% – 5% over the melt value for 90% silver coins. There’s not only a liquid market for these coins, but they can also be purchased at reasonable prices. ![]() silver dimes, quarters and half dollars minted in 1964 or earlier. If you’re more concerned with the ability to sell your silver coins in the future, and are interested in purchasing silver coins that are highly marketable, we recommend that you consider 90% U.S. All of the above noted coins can be purchased for the melt value of the coins or lower. silver coins that can be had for a relative bargain are 35% silver war nickels, which were minted from 1942 1945 and 40% Kennedy half dollars minted from 1965 – 1970. The purity of these coins ranges from 10% – 92.5%, and as you would expect, the higher the purity, the higher the price for the coins. ![]() This primarily includes foreign silver coins minted in Great Britain, Mexico, and Canada, as these are the most common foreign silver coins available in the U.S. If you fall into the camp of wanting to acquire silver bullion at the lowest possible price without regard to your ability to resell the coins in the future, your best option are foreign silver coins and low purity U.S. Let’s start with the lowest priced coins and work up from there so that we cover our bases. Most people fit into one of the above categories. Are you acquiring silver coins with the intent of holding the coins indefinitely as a long term investment, do you plan on speculating in the silver market, with the intent of buying low and selling high, are you attempting to acquire silver coins at the lowest price possible without concern of an exit plan, do you intend to purchase silver coins with the intent of possibly having to barter in the event of an economic collapse? If you’re new to buying silver coins, we recommend that you need this post before you move forward with your first purchase, as there are a number of factors that should be taken into consideration.įirst and foremost, it’s important to determine why you’re buying silver coins and what your ultimate exit strategy will be. Today’s topic of “What You Need to Know Before You Buy Silver Coins” is in response to a question posed by one of our subscribers.
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