Archive for January, 2010

Junk Silver Coins: Pre-1964 Silver Quarter, Half, Dime and Dollar U.S.A

By Jerry J. Jansen On January 1, 2010 NO COMMENTS

In times of economic uncertainty, people often seek to protect their nest egg by investing in precious metals. Precious metals historically rise when the value of a fiat currency falls. In today’s market, pre-1964 US junk silver coins like the  1964 silver quarter the twenty five cent piece , 1964 silver  half fifty cent piece , 1964 silver dime ten cent piece and 1964 silver dollar hundred cent piece U.S.A these coins all contain 90% silver provide an affordable and liquid silver investment opportunity.

These coins like the silver quarter were in general circulation until 1964 and contained 90% silver volume per coin. Because they were circulated coins, they can still be used as currency in a survival situation, saved to reap the benefits of a rise in silver price, or used as a hedge against inflation. Although coin collectors call them “junk” coins, they are far from what the nick name may imply. Junk silver coins are good investment in my mind.

Originally a junk silver bag of coins equalled a $1000 face. Today, bags are typically sold by dealers in junk bags of $1000, $500, $250, and $100 dollar face-value lots. Remember, these are face value, not actual value, bags.

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How Much is a Washington 1964 Silver Quarter Value Worth in Dollars?

By Jerry J. Jansen On January 1, 2010 NO COMMENTS

The US Washington 1964  Silver Quarter coin was minted before 1965. The 1964 Silver Quarter coin, Roosevelt dime coin, Kennedy half coin and Peace Dollar coin, all these coins contain 90% silver. Yet, sadly the Peace dollar does not exist any more because they were sent back for melt down before they hit the streets. But that’s a story for another day. The nickel has about 35% silver content and the penny was most often copper.

People will invest in silver and gold bullion when they are in times of economic trouble like butter on bread as a hedge to fight against inflation. The price of a 1 oz silver bullion eagle will cost you about 20 – 30 dollars at today’s prices. These silver bullion coins might be out of your price range.

This is where the silver quarter coins minted 1964 and before, could be a good alternative to the full 1 oz bullion coins and bars. The value and worth of these silver quarter coins can be bought for about $2.50 – $3 a piece at today’s prices.  The price will vary with the spot price, as we head into 2010. The silver quarters are generally lower priced

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