Identify Your Junk Silver Coins by Denomination and dateĭimes, quarters, half dollars, and dollar coins dated 1964 or earlier are 90% silver, which may be notated as. Mint: 90% silver coins, 40% silver coins, and 35% silver war nickels. There have been three compositions of junk silver issued by the U.S. Calculating Junk Silver Coin ValueĪfter excluding coins that could sell for higher prices, like Morgan silver dollars or Peace silver dollars, it is time to organize coins by the silver content. This may preclude selling your Morgan dollars or Peace dollars for melt value, as they are often worth more than the value of their silver alone. Coins with a high numismatic value may be worth substantially more than their melt value. This is recommended because of the nature of coin values, which are dependent on the coin’s condition, its rarity, and what a buyer is willing to pay for it. There is no guarantee that they do, but if you have the time to check their value first, it could yield returns greater than face value or melt value. The first step we recommend is making sure your junk silver coins do not have numismatic value. A coin’s value comes from factors like the live spot price of silver, its condition, mintage, and rarity. If you have a junk silver coin collection and you’d like to determine your overall value before selling or insuring it, let’s find the value. How Do I Calculate the Value of My Junk Silver Coins?
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