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Should I consider my pre-1964 silver coins junk?
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<p>[QUOTE="-jeffB, post: 7753844, member: 27832"]I think most people don't have this in mind when they use the term. 90% silver, where you know the other 10% is pure copper, is at least 90% as good as .999 silver. In fact, if it's well-known and rarely-counterfeited US coinage, it's <i>better</i> -- there are plenty of knockoff silver-plated bars out there, but not so many knockoff circulated Roosevelts. You see that in the premiums, where US 90% silver coinage is bought and sold for higher premiums than generic silver rounds or bars.</p><p><br /></p><p>I think nearly everyone would agree with this. During the silver spike in 1980, this meant MS Morgans were suddenly "junk" silver.</p><p><br /></p><p>In the same sense, non-key, non-high-MS pre-1933 double eagles are "junk gold", because their value is almost entirely driven by their gold content.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 7753844, member: 27832"]I think most people don't have this in mind when they use the term. 90% silver, where you know the other 10% is pure copper, is at least 90% as good as .999 silver. In fact, if it's well-known and rarely-counterfeited US coinage, it's [I]better[/I] -- there are plenty of knockoff silver-plated bars out there, but not so many knockoff circulated Roosevelts. You see that in the premiums, where US 90% silver coinage is bought and sold for higher premiums than generic silver rounds or bars. I think nearly everyone would agree with this. During the silver spike in 1980, this meant MS Morgans were suddenly "junk" silver. In the same sense, non-key, non-high-MS pre-1933 double eagles are "junk gold", because their value is almost entirely driven by their gold content.[/QUOTE]
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Should I consider my pre-1964 silver coins junk?
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