Junk Silver Value

Novice investors are often confused about the difference between Walking Liberty Silver Rounds and junk coins. Contrary to the term, junk coins are actually a valued form of silver bullion. Walking Liberty Silver Rounds are also silver bullion, which is where the confusion arises. There are differences that make Walking Liberty Silver Rounds a more desirable investment.

Junk coins are typically referred to as junk silver. The name was developed during the 1970s but the coins are not really junk. They are circulated silver coins as opposed to being rare coins. Typically they are in fair condition with no collectible or numismatic value. These coins do have value as silver bullion. They have from 35 to 90 percent silver. Coin silver contains 90 percent silver. This was the most commonly used alloy to mint United States coins. Certain junks coins contain more than 90 percent silver. They are not the same as privately minted coins such as Walking Liberty Silver Rounds.

Coin collectors are looking for rare coins that are in good condition. Numismatic coins are both rare and in excellent shape. On the other hand, silver bullion has value because of the content of precious metal. A rare coin with a great deal of damage is still valuable for its silver content. Sometimes a variety of coins in fair condition are sold in junk silver bags. These coins were all produced at the United States Mint. Walking Liberty Silver Rounds are not currency. Both types of silver bullion are purchased by investors rather than collectors.

Walking Liberty Silver Rounds are not the same as Walking Liberty half-dollars. From 1916 to 1947, these half-dollar coins were issued by the United States Mint. The image of liberty was designed by Adolph A. Weinman. These coins were once used as currency. They are still desirable to investors and collectors today but are not used as legal tender.

Walking Liberty Silver Rounds are .999 fine and privately minted. The liberty image was designed by Heidi Wastweet. They are not legal tender but offer more silver ounces for the premium paid than most other options. The one-ounce silver round features an image of Walking Liberty on the obverse side, just like American Silver Eagles. Walking Liberty Silver Rounds have an image of a perched eagle on the reverse side. Walking Liberty Silver Rounds contain a full ounce of silver while Walking Liberty half-dollars only have 0.357 ounces of silver. This is the major difference between junk silver and silver rounds.

So, you’ve decided to buy silver bullion. Now comes the question - where will you keep it all?If you’re going to buy silver bullion, you may as well take good care of it. Otherwise, it can end up in the wrong person’s hands, damaged or confiscated. Let’s take a look at where to store silver bullion.