One of the most popular ways to invest in silver bullion is with the 90% U.S. silver bags. Misleadingly called “junk” silver bags, this name developed in the 1970s and was used to describe a bag of average circulated silver coins, meaning no rare coins were included.
Contents
All silver coins are struck in 1964 or earlier with 90% purity. Each bag contains either all dimes, quarters, or half dollars or a mixture of dimes, quarters or halves that total the face value of your order (see chart below).
Bag Size |
Face |
Purity |
Silver |
Full Bag |
$1,000 |
90% |
(+/-) 712 Ounces of Pure Silver |
Half Bag |
$500 |
90% |
(+/-) 356 Ounces of Pure Silver |
Quarter Bag |
$250 |
90% |
(+/-) 178 Ounces of Pure Silver |
Tenth Bag |
$100 |
90% |
(+/-) 71 Ounces of Pure Silver |
Starter Bag |
$25 |
90% |
(+/-) 18 Ounces of Pure Silver |
NOTE: half dollar bags are special ordered
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Investment Advantages
Bags of silver do offer several investment advantages. First they provide small increments of barter. Secondly, the bag carries a low premium over spot silver. Thirdly, they are legal U.S. tender. Finally, silver bags are recognized around the world as a trading medium and are therefore very liquid.
Market Value
Bag pricing will move up or down with the daily price of silver. The spot price of silver (and all precious metals) is reported every business day in all major newspapers, television, radio and various websites.
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