Junk Silver: Coin Melt Values

The Allure of Junk Silver: A Guide to US Silver Coins

This guide explores the fascinating world of “junk silver,” a term used for pre-1965 US coins valued for their silver content. While the name might sound unflattering, these coins hold historical significance and are prized by collectors and investors alike.

Understanding Junk Silver

Junk silver, also known as Constitutional silver or 90% silver coins, refers to US dimes, quarters, half-dollars, and silver dollars minted before 1965. These coins were withdrawn from circulation due to rising silver prices.

Types of Junk Silver Coins

• Mercury Dimes (1916-1945): Featuring a winged Liberty head (often mistaken for Mercury), these dimes are 90% silver and contain 0.07234 troy ounces of silver. Look for rare dates like 1916-D and 1921.
• Roosevelt Dimes (1946-present): Honoring President Franklin D. Roosevelt, these dimes share the same silver composition as Mercury dimes. Common but historically significant.
• Washington Quarters (pre-1964): Depicting President George Washington, these quarters are 90% silver and contain 0.18084 troy ounces. Earlier years and key dates like 1932-D and 1932-S are more valuable.
• Walking Liberty Half-Dollars (1916-1947): Showcasing Lady Liberty walking, these are some of the most beautiful US coins. They are 90% silver and contain 0.36169 troy ounces.
• Ben Franklin Half-Dollars (1948-1963): Featuring Benjamin Franklin, these half-dollars share the same silver content as Walking Liberty.
• 1964 Kennedy Half-Dollars: Minted to honor President John F. Kennedy, these were the last 90% silver half-dollars. Limited mintage makes them desirable.
• Morgan Dollars (1878-1921, 1922): Featuring Lady Liberty and an eagle, these classic silver dollars contain 0.77344 troy ounces. Certain dates like 1893-S and 1903-O are particularly valuable.
• Peace Dollars (1921-1935): Symbolizing peace after World War I, these silver dollars depict Lady Liberty and an eagle. They also contain 0.77344 troy ounces of silver.

Why Invest in Junk Silver

• Tangible Asset: Junk silver offers a physical holding of silver, a valuable metal.
• Historical Significance: These coins hold a piece of US history.
• Investment Potential: Silver prices can fluctuate, offering potential for profit.

Where to Find Junk Silver

• Coin Dealers: Local coin shops can be a good source of junk silver.
• Online Retailers: Several online retailers sell junk silver by weight or denomination.

NumisMaverick’s Contribution:

NumisMaverick, recognizing the growing interest in junk silver, has provided a valuable tool for enthusiasts – the Junk Silver Premium to Times Face Value calculator. This calculator allows collectors and investors to assess the current premium value of their junk silver holdings based on real-time silver prices. It serves as an indispensable resource for making informed decisions and maximizing the potential of these timeless treasures.

Conclusion:

In conclusion, the journey through US dimes, quarters, half-dollars, and silver dollars unveils a captivating world of numismatic treasures that transcend their “junk” status. The silver content, historical significance, and aesthetic appeal of these coins contribute to their enduring popularity among silver stackers. As the demand for precious metals continues to grow, the allure of junk silver remains steadfast, and NumisMaverick’s Premium to Times Face Value calculator stands as a testament to the importance of staying informed in this dynamic and rewarding realm of collecting and investing.