What is a fair price for junk silver?
Dealers will generally price their junk silver at the spot price of silver plus a fluctuating premium of say $1.00- $1.50 an ounce. If the spot price of silver is $20 and the premium is $1.00, the dealer will charge $15.30 per ounce of silver; if the premium charged is $1.50 an ounce the dealer will charge $15.80.
Do banks sell junk silver?
No, banks do not broker or buy junk silver coins. If you were to take your coins to the bank, they would swap them out for coins of equal face value. For example, your 90% silver quarter for a recently minted silver clad quarter that’s worth exactly 25 cents.
Is it worth it to buy junk silver?
A junk silver coin is still silver, but it doesn’t really have any additional value. They’re often relatively newer and in poor condition, making them not very valuable to coin collectors. However, because they’re so easy to identify and have set amounts of silver in them, they’re great coins for investments!
How much junk silver is an ounce?
How many junk silver quarters make an ounce? There is 0.18084 troy ounce of pure silver in a standard pre-1965 90% silver quarter. So, it takes about 5.5 pre-1965 90% silver quarters to have a full troy ounce of silver. Of course, you can’t really count half a coin in a real-world scenario.
How many ounces of silver are in a bag of junk silver?
715 ounces
Each bag weighs approximately 800 troy ounces, or 54 pounds, and contains approximately 715 ounces of pure silver.
What is $1 face value of 90% silver worth?
An efficient way to add weight to your assets and diversity your portfolio, each $1 face value increment contains approximately . 715 ounces of pure silver….Junk 90% Silver Coins | $1 Face Value.
| Quantity | Check/Wire/eCheck 4% discount. When you pay with a check, money order, or bank wire, you will receive a 4% discount. | Card |
| 1+ | $19.25 | $20.02 |
How much is a Kennedy half-dollar worth?
Kennedy half-dollar coins are not that rare. Most of them are worth only their face value, 50 cents. However, some Kennedy half-dollars are quite valuable, depending on their condition and the year they were minted. A Kennedy half-dollar coin minted in 1970 that is in uncirculated condition is worth about $8.
How much does $100 of junk silver weigh?
71.5 oz
Each of these junk silver bags weigh 71.5 oz and contain dimes or quarters dated 1964 and earlier made of 90% fine silver with a face value of $100….90% Junk Silver Bags – Dimes/Quarters ($100 Face, 71.5 ozs Silver)
| Specifications | OUT OF STOCK |
|---|---|
| Minted by: | US Mint |
| Mintage: | N/A |
| Face Value: | Dimes/Quarters |
| IRA: | Ineligible |
How much silver is in a $100 bag?
roughly 71.5 ounces
A $100 face value bag contains roughly 71.5 ounces of pure . 999 fine silver and a $1,000 face value bag contains roughly 715 ounces of pure . 999 fine silver.