junk silver gold coins

Why you should invest in gold coins?

by timbaub on Sep 6, 2010

Gold coins have become a prized possession for those who want to invest in the precious metal. However, there are silver coins as well, coins that contained about 90% of silver in it till 1965. After that the coins minted contained about 40% of silver. Customers have the option of choosing from the different kinds of coins made out of junk silver and these include Barber Quarters, Morgan Silver Dollars, Mercury Dimes and the Peace Dollars.

Some Historical Facts:

The US government in the year 1965 stopped minting half-dollars, dimes and quarters with 90% silver. Along with silver they started mixing nickel and copper. The investors as a result started up-hoarding the coins of pre-1965 era for the silver content. About a decade ago, about hundreds of millions of dollars officially suffered a melt down. The silver coins of the American variety became more and more sought after. The demands for these coins today are an all-time high.

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