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<p>[QUOTE=&quot;dan8802, post: 1087427, member: 28296&quot;]As mentioned before, I would consider adding &quot;junk silver&quot; to your portfolio. Quarters, Half dollars, and dimes minted on or prior to 1964 contain 90% silver. There are several advantages to buying bags or rolls of junk silver. Generally, junk silver sells a few dollars below spot price. It has a built in &quot;face value&quot;. It is obviously very recognizable since it is US coinage. It is extremely liquid, and being in denominations of half dollars, quarters, and dimes, makes it ideal for bartering situations (in such an event should arise) or just plain selling. Most importantly, junk silver carries a smaller premium than most other types of silver.&nbsp; Many dealers will even let you buy in as small of quantities as a single dime! (about $2.00 worth of silver)</p><p><br /></p><p>An important point to note is that junk silver is almost always measured by its face value, and NOT by its weight. (Though its better to buy coins in good condition, and not ones that are very worn, but that&#039;s a whole other topic.)</p><p><br /></p><p>To give you an idea of the value of junk silver, the coins are currently worth ABOUT 20 times their face value. (Therefore, a half dollar has about $10 of silver in it, a quarter is worth $5, and a dime is worth $2.00) Its pretty simple actually... there are aprox 715 ounces of silver in a $1000 FACE VALUE bag of these coins (combination of halfs, quarters, and dimes... no matter how much of each coin, as long as the total face value adds up to $1000). So to calculate the value of a handful of junk silver coins, you take the face value of the coins and multiply it by .715. This gives you the amount of ounces of silver you have... then multiply by the current price per ounce of silver and you have your melt value.</p><p><br /></p><p>I store my junk silver in rolls (instead of in a bag or bags). A roll of half dollars holds 20 coins or $10 face value (worth aprox $200 in silver currently). A roll of quarters holds 40 coins and&nbsp; also has $10 face value (therefore worth $200), and a roll of dimes has $5 face value (worth $100)</p><p><br /></p><p>Hope this has been helpful.. you really cannot go wrong with 90% silver. I would definitely consider adding some to your current holdings.[/QUOTE]</p><p><br /></p>

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