Online bullion dealers make it easy and quick to buy junk silver. There are a lot of varieties and choices when you want to buy junk silver online. It’s easy to get overwhelmed. So it’s good to have some idea of what you’re looking for in order to get the best deal you can.
Online bullion dealers typically package and sell junk silver based on the Face Value.
For example, if you’re looking to buy junk silver quarters, most dealers will sell them in a standard bank roll that contains 40 quarters, or $10 Face Value. Larger lots containing $50 or $100 Face Value are also readily available from most dealers.
Some dealers will even sell smaller lots containing $1 Face Value. These make great add-ons to other orders so that you can meet the minimum threshold amounts for free shipping.
If you are going to buy junk silver dimes online they will often be sold as rolls containing 50 dimes, or $5 Fave Value. As with quarters, silver dimes are also sold in larger bags containing $50 or $100 Face Value.
This same pattern will remain when you buy junk silver half-dollar coins online as well. A standard bank roll of Junk silver half-dollars contains 20 coins, or $10 Face Value.
It’s important to note that most online bullion dealers sell junk silver half dollars that were minted 90% silver and 40% silver. The silver half dollar coins that were minted in 1964 or earlier contain 90% silver. While those minted from 1965 until 1970 contain 40% silver. The listings on the dealer websites will look similar but will be priced dramatically different.
The best value is usually with mixed lots of 90% junk silver. The majority of these will contain primarily a random mix of junk silver dimes and quarters. Dealers will also price these based on the total Face Value amount contained in each bag. You can often buy mixed denomination bags at a greater discount than those sold with specific denominations or coins.
Don’t pay more than you have to when you buy junk silver online. Junk silver is a commodity that is readily available in large quantities. The dealer premiums on 90% junk silver will be some of the lowest available from most online bullion dealers.
Any combination of 90-percent silver U.S. half-dollars, quarters and dimes which have a face value of US$1.00 contains 0.715 troy ounces of 99.9-percent silver (0.7234 troy ounces if uncirculated). Silver dollars (Morgan and Peace) contain .7736 troy ounces of silver.
In other words, a full troy ounce of 99.9-percent silver is contained in any combination of 90-percent silver U.S. half-dollars, quarters and dimes which have a face value of $1.40.
To buy junk silver at the best price it is important to compare prices across multiple online dealer websites. The website, FindBullionPrices.com helps to make comparing prices between online bullion dealers easier. They have numerous listings on their website to compare prices of junk silver across multiple online bullion dealers get the best prices. Most of the time, Monument Metals shows the lowest premiums for junk silver, with a very good reputation for customer service and handling any issues.