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<p>[QUOTE="Coinman1981, post: 695774, member: 20610"]Hi, Foolsgold,</p><p><br /></p><p>Actually, pre-1965 dimes, quarters, halves, and dollars are 90% silver. In 1965, the U.S. Mint took all silver out of business-strike dimes and quarters and reduced silver content to 40% for halves. In 1971, business-strike halves no longer contained silver. ALSO, don't forget to look into war nickels (1942-45). They are 35% silver. </p><p><br /></p><p>ASEs are not considered "junk" silver; they are bona fide "bullion" coins bought and sold by investors. They also qualify for certain tax exemptions if held in certain approved accounts (I think IRAs, but double-check that). "Junk" coins refer to common-date, circulated silver coins. A Fine or Very Fine 1961 Washington quarter would qualify as "junk." A Very Good 1946 Walking Liberty half dollar is "junk." A cull 1921 Morgan dollar is junk. Basically, "junk" refers to any common-date silver coin in a well-worn grade.[/QUOTE]</p><p><br /></p>
[QUOTE="Coinman1981, post: 695774, member: 20610"]Hi, Foolsgold, Actually, pre-1965 dimes, quarters, halves, and dollars are 90% silver. In 1965, the U.S. Mint took all silver out of business-strike dimes and quarters and reduced silver content to 40% for halves. In 1971, business-strike halves no longer contained silver. ALSO, don't forget to look into war nickels (1942-45). They are 35% silver. ASEs are not considered "junk" silver; they are bona fide "bullion" coins bought and sold by investors. They also qualify for certain tax exemptions if held in certain approved accounts (I think IRAs, but double-check that). "Junk" coins refer to common-date, circulated silver coins. A Fine or Very Fine 1961 Washington quarter would qualify as "junk." A Very Good 1946 Walking Liberty half dollar is "junk." A cull 1921 Morgan dollar is junk. Basically, "junk" refers to any common-date silver coin in a well-worn grade.[/QUOTE]
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