Coins

Junk Silver: Is There a Better Buy Instead?

OVER THE YEARS, coin collectors/hoarders of all types have asked me to help them acquire some “junk” silver for its ability to appreciate in value over time. In other words, they were interested in having some bullion silver coins for the next time silver values take off, as they’re doing as I write this.

My advice invariably has been to purchase silver coins with at least a modicum of numismatic potential rather than truly junk silver. Instead of buying a large number of circulated 1964 Kennedy half dollars or late-date Franklin halves in similar condition, for example, why not opt for circulated Walking Liberties with perhaps a Barber half or two thrown in?

Similarly, instead of looking for circulated rolls of silver Roosevelt dimes, why not look for solid uncirculated rolls of Roosevelts? Instead of mixed, well-circulated silver Washington quarters, how about a solid-date uncirculated roll or two? Better yet, how about a few rolls of Good or better Standing Liberty quarters?

In other words, what I’ve advised was to look

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