Sell Junk Silver Coin for a Value in Las Vegas | Price

The term “junk silver” pertains to coins that only have bullion value. It has no numismatic or even collectible value. They are not necessarily from the US Mint, as the term is wide in the UK and Canada as well. Although they are not actual scrap silver, the term “junk” refers to its collectible value. Its silver content, however, made junk silver popular among small-time investors. Unsurprisingly, it is also quite easy to sell junk silver coins. You just need to find the perfect dealer so you can get the most out of your junk silver coin’s value. In Las Vegas, Nevada Con Mart is your best bet if you are looking for the best junk silver coin buyer. Read on if you wish to learn more.

The name “junk silver” was describes the average circulating US silver coin, meaning that rare coins were included. Silver coins minted in 1964 or earlier were minted in the United States, Canada, Australia, New Zealand, Japan and South Africa. Junk silver coins differ from most silver products on the market.

Moreover, such coins are popular with people who want to invest in silver especially in small quantities. Additionally, coin sacks offer an excellent investment opportunity due to their low premium. They come in silver contents of 90% and 40%. Now, if you wish to sell your junk silver coin, try to understand its contents first.

History

Historically speaking, American dimes, quarters, and half dollars that circulated the US market contained 90% silver. This was the case for such coins until 1965. However, even though such coins contained mostly silver, the government did not assign them with numismatic value. Having no numismatic value means that junk silver coins will be of no value to coin collectors. That said, it is now common to hear that these pre-1965 coins being referred to “junk silver.”

However, despite its lack of numismatic value, junk silver coins do carry quite a deal of actual silver. This is especially the case for the 90% silver version of the coin. Having such a good amount of silver makes junk silver coins appealing to investors. Today, collecting and storing money in junk silver coins is actually one of the easiest way to start a port folio of investments. Also, investors find that they get the most value for their money when they acquire junk silver coins in bulk.

During the 1960s, the US government allowed melting down junk silver coins. This made junk silver more attractive to collectors and enthusiasts. Also, in 1965, the US Government seized the production of 90% silver coins for circulation. The finite amount of 90% junk silver coins available increased its market value even more. Now, you will always find an investor who is quite familiar with junk silver coins.

Sell Your Junk Silver Coin

In the US, a number of junk silver coins are out in the market. Keep in mind that all of them carry tiny amounts of silver. This amount pretty much dictates the value of any junk silver coin. These include the following:

Dollars

  • Morgan (1878–1904 & 1921) — 90-percent silver
  • Peace (1921–1928 and 1934–1935) — 90-percent silver

Half-Dollars

  • Liberty Head “Barber” (1892–1916) — 90-percent silver
  • Walking Liberty (1916–1947) — 90-percent silver
  • Franklin (1948–1963) — 90-percent silver
  • Kennedy (1964) — 90-percent silver
  • Kennedy (1965–1970) — 40-percent silver

Quarters

  • Liberty Head “Barber” (1892–1916) — 90-percent silver
  • Standing Liberty (1916–1930) — 90-percent silver
  • Washington (1932, 1934–1964) — 90-percent silver

Dimes

  • Liberty Head “Barber” (1892–1916) — 90-percent silver
  • Winged Liberty Head “Mercury” (1916–1945) — 90-percent silver
  • Roosevelt (1946–1964) — 90-percent silver

Nickels

  • Jefferson “Wartime” (1942 (partial)-1945) — 35-percent silver

Junk Silver Coin Buyer

Nevada Coin Mart is the leading  junk silver coin buyer in Las Vegas. Neil gives the most cash for ALL junk silver coins. Our team uses the latest technology to analyze the precious content of silver rings and other valuable items. We use the results as a basis in determining the amount of cash to give to our clients. Visit Nevada Coin Mart® at 4065 S. Jones Blvd, Las Vegas, NV 89103, or call 702-998-4000 to learn more. We are open every day of the year, from 9 AM to 6 PM.

References:

https://en.wikipedia.org/wiki/Junk_silver

https://www.goldenstatemint.com/blog/the-difference-between-pure-silver-sterling-silver-coin-silver-junk-silver-and-silver-plating/

https://www.cmi-gold-silver.com/90circulated/

https://www.wealthdaily.com/articles/junk-silver-coins/85358

https://www.moneymetals.com/pre-1965-junk-silver-coins-dimes-or-quarters/35

https://www.free-bullion-investment-guide.com/junk-silver-coins-buying-guide.html

https://goldsilver.com/browse/silver/junk-silver/

https://www.amergold.com/silver/u-s-90-junk-silver.php

https://portcitycoinblog.com/silver-for-sale/how-to-calculate-junk-silver-value/