Silver Coin Bags
A convenient way to buy silver is in silver coin bags of $1,000. These Junk Silver coins in bags contain circulated U.S. 90% silver coins that were minted before to 1965.
Virtually all of these U.S. 90% silver coins have been removed from circulation by collectors and smart people who understood their actual value is based on the pure silver content they contain which at today’s silver prices is much higher than face value.
In 1965, the U.S. government stopped using 90% silver content in minting U.S. dimes, quarters and half dollars and switched to the less valuable copper nickel coins.
These 90% silver coin bags contain either 4,000 U.S. quarters or 10,000 U.S. dimes and weighs about 54 pounds. Each of the silver coin bags contains about 715 ounces of pure silver.
There is a built in insurance value to the silver coin bags that other investments don’t have because no matter what happens to silver prices, the value of 90% silver coin bags will never be worth less than its $1,000 face value.
Depending on market conditions, Another feature of 90% silver coin bags that they have been priced at a discount to the price of silver bullion. In 2007 90% silver coin bags were available at two to three percent below the purchase price of silver bullion, so you got more silver per dollar than just about any other silver investment.
When you buy U.S. 90% silver coin bags you have a convenient, and transportable way to own silver. They coins in the silver coin bags are real U.S. currency so the coins are spendable anywhere and remember they will never be worth less than face value.