90% & 40% Silver Coins
40% Silver Coins
90% Silver Coins
90% & 40% SILVER COINS
While many people believe that Silver Coins composed of 99% silver are the most valuable pieces to collect or invest in, this isn’t always the case. The majority of 90% and 40% Silver Coins, all of which are no longer in circulation, are worth a lot more than their face value and will become even more valuable as silver prices rise with time.
The United States Mint has produced some very collectible 90% and 40% Silver Coins over the years, such as the Kennedy Half Dollar, Morgan Dollar and Peace Dollar to name just a handful. Buying 90% and 40% Silver Coins is easy and relatively inexpensive, making both types ideal for anyone wishing to build wealth in an affordable manner.
90% Silver Coins
Otherwise known as Junk Silver, 90% Silver Coins are not junk at all. The 90% Silver Coins that were struck by the U.S. Mint would have been issued prior to 1965 and play an important role in American coinage history. All 90% Silver Coins also retain their value as U.S. currency and are historically interesting for investors and collectors alike.
Some of the most popular 90% Silver Coins include the:
- Kennedy Half Dollar
- Peace Dollar
- Morgan Dollar
- Washington Quarter
- Walking Liberty Half Dollar
- Franklin Half Dollar
- Mercury Dime
- Barber Dime
- Barber Quarter
Pretty much all U.S. coin denominations were once created with 90% silver, except for pennies and nickels. From dimes and quarters to half dollars and dollars, each release from the U.S. Mint features a unique design as well.
Now known as Junk Silver because their melt value is less than the coins containing more silver, 90% Silver Coins are often purchased in bulk. When it comes to investing in these coins, people appreciate that they can pay a lower premium for coins that are not only rare but also have a story behind them.
40% Silver Coins
Produced between 1965 and 1970, 40% Silver Coins from the U.S. Mint are highly desirable pieces. The U.S. Mint had no choice but to lower the 90% silver content used in coinage because of the silver supply shortage in the early 1960s. Striking silver coins had become unrealistic following the rising cost of silver and other precious metals at the time.
While the U.S. Mint began producing dimes and quarters that contained no silver at all, it did release 40% Silver Half Dollars. These coins were only minted for a limited time and, after a second silver shortage, were eventually removed from circulation in 1971.
The 40% Silver Half Dollar, also known as the Kennedy Half Dollar, was the last circulated coin from the U.S. Mint to contain any silver. The Kennedy Half Dollar was originally made up of 90% silver when it was initially released in 1964, but the silver content had to be reduced to 40% in 1965 after President Johnson told the U.S. Mint to eliminate silver from all dimes and quarters.
As well as the Kennedy Half Dollar, collectors are keen to get their hands on the 40% Silver Eisenhower Dollar. Struck from 1971 to 1976, the coin was created in honor of President Eisenhower after his death in 1969 and issued as a special edition piece for collectors.
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