What is 90% silver?
billewhite
Posts: 21 ✭
What is 90% silver people are talking about on here? Nothing to do today, so I've been navigating through the whole site.I see people selling and asking for it,but I don't know anything about it.Is it rare or something? To me, the pictures I've seen just looks like regular coins.
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90% Silver is common US silver coins 1964 and earlier. They were composed of 90% silver and 10% copper.
Coins minted in 1964 and earlier are made from 90 percent silver. Not rare at all and usually sell and trade for around the spot price of silver
You can read about it here. https://en.m.wikipedia.org/wiki/Junk_silver
Also called Sterling Silver.
Thank you for the information.I've heard about silver dollars, but I had no idea they used silver for other coins.
Not exactly. Sterling is 92.5%
I think you meant to say "coin silver". Some people even call it "junk silver".
Yes, DImes Quarters and Halves as well. And let's not forget about the 40% silver halves from 1965-70, those are the ones you are most likely to find at your bank since a lot of people don't realize that there was still silver in halves after 1964. Honorable mention to the war nickels from 1942-45 which are 35% silver, these are easily identified by the large mint mark above the Monticello on the reverse.
Collector, occasional seller
Thank you for the information.I've learned a lot.I'm going to be looking through my change drawer to see what I can find.
If you look at our earliest coinage, there often isn't a denomination anywhere on the coin, or perhaps only on the rim. Everyone knew it was silver (and the coins of most every other country were silver too......). If it was as big as a dollar, it was basically worth a dollar. Five dimes weighed the same as a half dollar.
Also there is that satisfying sound silver makes when dropped on a hard surface...Cheers, RickO
It's just one of many ways to hold silver as an investment.
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