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<p>[QUOTE=&quot;silvermonger, post: 1326927, member: 12490&quot;]<b>junky old coins!</b></p><p><br /></p><p><br /></p><p><br /></p><p>So called &quot;junk silver&quot; coins are simply coins that have at least 40% silver content and might be &quot;collectable&quot; if they werent so dang wore out or are simply a year and mint that is so plentiful and thus cheap, everyone who wants to collect it already has several! I believe the expression &#039;junk&#039; became popular about in the 70s during the Hunt Bros market runup when virtually ANYTHING with silver content was being thrown in the recycle pile. So along with bags of old silver candlesticks from junkshops, you found bags of silver coins and even pallets of old photographic x ray film. When the price of the silver in an old Barber quarter or a 1878 Morgan dollar was more than what it would bring as a collectable coin, they went into the bag along with other forms of &#039;junk silver&#039; and it was off to the refinery.</p><p>So many $1000 bags in fact that actual $1000 face value bags of silver coins that were so common before the meltdown are now relatively scarce and bring a premium over some other bullion forms. Today anything like a 1921 Morgan that is so common the usual price is the same buying as a coin as you could get selling for meltdown is refereed to as &#039;junk silver&#039; like you said, it just depends on why you are buying that coin. To put in your album or to save as bullion.</p><p>I love junk as I can pick up coins Ive never had before and get them dirt cheap just to amuse myself. Im easily amused and they are great fun. You can even fill albums with lowgrade coins from a bag of junk and not spend a fortune.[/QUOTE]</p><p><br /></p>

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