What are Junk Silver coins and why are they a great investment? Junk silver coins are simply U.S. coins that contain real silver and have been in general circulation at some point. The name “junk” come from coin collectors, and it means that the coins have no collectible value. Despite the less than attractive name, these coins are one of the best ways available for individual investors to own silver. The reason is that these coins have several unique advantages over other ways of investing in silver.
First and foremost, the U.S. government certifies the silver content of these coins. That means that if you have a pre-1964 dime, you can be confident that it contains 90$ silver. Similarly, if you find a silver quarter from the right issue, you can be certain of its silver content.
Because of this, these coins are easily recognized, and highly liquid all over the world. That makes them a great way to store and transport value for anyone who is concerned about the current economic climate.
Another advantage is the coins’ small size makes it easy to conduct transactions with them even under the worst economic circumstances. In that way, they are much easier to work with than silver bars or other silver forms of silver bullion.
Lastly, these coins are legal tender in the U.S. That means they can be spent for their face value. In other words, they can never go to zero, even if the price of silver completely collapses. Few other investments can make this claim.
Nowadays many people are concerned about inflation and the national debt. Owning precious metals is one of the best ways to protect yourself against this, and circulated silver coins are one of the most convenient ways to do it.
Source by Amit Raju
Junk Silver Coins
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