Savvy Bidders » Coins & Paper Money http://savvybidders.com Sun, 23 Jan 2011 05:11:50 +0000 en hourly 1 http://wordpress.org/?v=3.0.5 Junk Silver Coins http://savvybidders.com/coins-paper-money/junk-silver-coins.php http://savvybidders.com/coins-paper-money/junk-silver-coins.php#comments Sun, 25 Apr 2010 05:54:54 +0000 Jennifer De La O http://savvybidders.com/?p=271

Don’t let the name fool you. “Junk” silver coins are a smart investment. The term “junk silver coins” originates with the pieces low collectors value. Because the coins will not accrue a great collectors value, they seem like “junk.”

This, however, is a very narrow point of view. Junk Silver coins are a great way to invest in silver. Silver has been viewed as a form of money, currency or store of value for over four thousand years. While silver is no longer legal tender in the United states, the price of silver has been known to sky rocket and it can be a great investment.

Knowing where to find junk silver coins will aide in building your silver empire. The best place to find junk silver coins is eBay.  You can find any amount of junk silver coins on eBay. Whether you want to buy one dollars worth or $1,000 worth, you can find whatever you’re looking for on eBay. Another benefit of shopping for junk silver coins on eBay is that you can count on reputable sellers, as their credibility is rated and publicly displayed on the website.

Making your eBay search for Junk Silver coins successful depends upon using the correct search terminology. A simple search for “Junk Silver Coins” will return 20% fewer results than a more specific search like “US Quarters pre 1964”. Keep in mind, when formulating your search terms that the United States stopped using real silver to mint coins in 1964.

The next most reliable place to find junk silver coins online is Lynn Coins. On this site you can buy silver dimes and quarters by the bag full. Lynn coins guarantee’s up to 90% purity of their coins and rolls. Bags of silver junk coins can range in price from just under $200 to over $2,000. Paypal verified, don’t let the outdated website fool you, Lynn Coins is a reliable junk silver coins dealer.

Caring for your junk silver coins is simple. Coins are constructed to stand the test of time. Just look at the many ancient coins from Greece, Rome and England that are still in good condition today. The first step in caring for your coin collection is storing coins properly. The easiest way to junk silver coins is in felt bags or paper bank rolls.

While folders, albums, two by twos, flips and hard plastic are great ways to store valuable silver coins, this expense is uncalled for with junk silver coins. Remember that the value of junk silver coins is in their silver content, not in the minted coin itself. Therefore you needed take the time to guard your junk silver coins against scratches, stains, nicks and tarnishing. Felt bags will keep the coins clean and shield them from moisture, as will bank paper rolls.

If you feel the compulsion to clean your junk silver coins, you can use a variety of household items to clean silver. Toothpaste, baking soda and salt water are all great to clean silver.

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