Does The Type Of Silver Coin Matter

I am rather new to coin collecting and numismatics but I have learned alot so far it's a interesting and fun hobby not to mention the investment potential. The question I have though does the type of silver coins make a difference? or is silver all the same? for example I have 31.66 troy ounces in silver bullion made up of all the junk silver coins,is a Washington Quarter the same as a Silver Eagle? and would a dime be the same as a nickel?

 

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Nickels contained 30 percent silve rin 1942 1943 1944 i think those r all the dates but the amount is differnt because pre 1965 coinage like dimes quarters etc were 90 % so yes a 1 ounce morgan dollar has less silver then a 1 ounce bullion coni but the type of silver is the same mostly

 

I want to thank you for your reply,one more question is the American Silver Eagle the best buy out of all the 90% Silver Coins?

 

The American silver eagle is a bullion coin and is 99.999999 silver it is strictly meant for inveting if you want 90 % i would got the the bank and get half dollar rolls any half dollar from 1969 or below is silver 1964 is 90 % 195 1966 1967 1968 1969 are 40% Dimes are 90 % in 1964 and below as well as quarters

 

is there a difference between 90% Silver and American Silver Eagles? or are they considered the same?

 

1970 is silver clad too, 40%

 

oops sorry bout that oh and you can get silver bars to if you want bigger amounts

 

Are Silver War Nickels A Good Investment?

 

There are a few errors in the collecton but in silver terms no its got around a buck of silver in it and will cost you around that

 

Are you a spammer bot or a real human being? Can you answer the question, what color is the sky?

 

TEM,

If you look in any copy of the Red Book, it will tell you how much pure silver each denomination contains. For example, a Morgan dollar contains .77344 ozs. of pure silver.

Chris

 

YES. The type of coin makes a difference. So does the date and condition, even on some silver bullion coins. All silver might melt to the same value per weight and purity, but in coin form, there is a difference. As mentioned above, buy a Redbook and study before buying. It will pay you back many times in losses avoided.

 

I agree. Silver eagles will outsell a generic silver round, or even a government round from another country all day on Ebay and like sites. If one is just collecting metal, then they could pick up non silver eagles for sometimes 20-60% cheaper and still have the same amount of silver. I personally like the Balboa coins. They're cheap, but you have to know what you're buying because not all are 90%.
Guy~

 

uhh the sky is blue??

 

99.93%. I think 8 9's of purity would be noteworthy even for computer-grade silicon.

 

He was a bot....wasn't he?

ACK

 

what gave it away that he was a bot?


-Shrek

 

When you ask a question, and someone answers it, and you go on to ask the very same question shows me that either it is someone with limited ability to read and understand the question was already answered.....or it is just a program spitting out commonly asked questions on a forum.

I belong to other forums and see this common question bot crap all the time. Usually someone will come out and ask a question that only a real person can answer.....like what color is the sky.

Besides that, I tend to be detailed oriented and notice when things seem strange.

P.S. Besides the fact that this is a new poster with only 4 post counts.

 

There is alot written about American Silver Eagles (ASE) on many of the early threads in this forum. You will enjoy learning a little more about "premiums" and "denominations" verses rounds and bars. On small orders, the premium of a ASE can be as much as five dollars (like at my local coin shop). On larger orders, such as the 500 box of ASE with APMEX, the price gets closer to twenty a piece.

Good Luck. BTW, Junk silver and ASE are both very desirable forms of silver to hold, as are the generic rounds and bars. Sometimes, it boils down to what you like.

Lastly, it might help to become acquainted with how spot prices are figured in with pricing. You will notice that the price of a coin can fluxuate a bit with some of the online dealers, due to market conditions.

 

When it comes to US junk silver (pre-1964), think half dollars, quarters, and dimes. With the exception of War Nickels (1940's), cross off nickels and cents from your list.

More about junk silver, there is a theory out there, just a theory, that modern junk silver (1950 and 1960's) might have greater numismatic value in the future. Some folks, like my dad, speculate that Benj Franklin halves will be discovered to be in shortest supply compared to the original mintage productions. My dad's idea's are based on what Cousin Richie did. Cousin Richie sold all his halves (minus the walking Liberties) for the purpose of smelting back when he could get 20 plus dollars an ounce. Dad thinks, that if Rickie would do such a thing to a coin (Rickie loved coins), then a lot of others probabley did too. In 20 plus years, I suspect a different version of the Red Book will be published - Maybe they can call it the almost black book - for those coins that almost died but survived.
(- Richie sold all his junk quarters and dimes at that time too.)

Another topic is coin change, keep an eye out for modern circulated proofs. Naughty children still exist, with family coin collections being converted into candy.