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Money Metals Exchange was named Best in the USA because of our high-quality educational content, great pricing, and white-glove customer service.
*Prices will automatically update every minute
Total Price Each
|$ 10 Face||$1.34||$127.60|
|$ 50 Face||$1.14||$631.00|
|$ 500 Face||$0.89||$6,220.00|
|$ 1000 Face||$0.64||$12,260.00|
|$ 3000 Face +||
Call for discount
|(0.7150 oz of silver content for every face value dollar)|
(5 out of 5)
One of the most popular ways to invest in silver bullion is buying circulated US half dollars minted prior to 1965. These coins, along with Pre-1965 dimes and quarters, are commonly referred to as "junk" silver, or 90% silver. The term "junk" silver developed in the 1970s. Savvy people began pulling these coins from circulation and trading them at values based on their silver content. Coin dealers applied the term to distinguish this circulated coinage with no collectible value from more collectible coins they wanted to sell at higher prices.
Today these coins are widely traded by bullion dealers. They are very popular because they often cost less than other US bullion coins such as the silver American Eagle. Half dollars, which each contain .358 ounces of actual silver content, are also much smaller than the 1-ounce Eagle. Preparedness minded investors consider official, recognizable US coins in smaller sizes ideal for use in barter. 90% silver half dollars are anything but "junk", despite being referred to that way.
Silver half dollars are an excellent store of value. Americans buying gas in 1964 could have purchased 1.667 gallons of gasoline for fifty cents - the face value of one of these coins. Today, based on gas prices at $2.50 per gallon and silver at $17.00 per ounce, the coin will buy about 2.4 gallons of gas.
These coins are "honest" money. They have worked well to protect investors from the destruction of the fiat US dollar in the decades since politicians and central bankers abandoned the gold and silver standard that once underpinned our currency.
All US silver coins struck in 1964 or earlier were minted with 90% silver and 10% copper. Please note: the copper content of these coins is excluded from any calculation of pricing. Only the silver content is valued!
So what makes these silver coins a good investment? Each dollar of face value contains .715 ounces of actual silver content, so a full junk silver coin bag ($1,000 face value) contains 715 ounces of silver.
Pre-1965 half dollar coins are older and carry historical interest, but no additional premium is added to their price based on age , condition or collectible value. The coins are delivered unsorted, with any batch containing a variety of minting dates and coin conditions.
Pre-1965 silver half dollar (https://www.moneymetals.com/pre-1965-junk-silver-coins-half-dollars-kennedy-franklin/34) do offer several advantages. First, they are significantly smaller than 1 ounce products, which makes them ideal for bartering in smaller transactions.
Secondly, like bullion rounds, this form of silver offers a low premium over the spot market price of silver. The market value of "junk silver" is often very close to the actual melt value of the coins. Investors can get more ounces of silver for whatever they plan to spend by choosing half dollars in favor of more expensive alternatives.
Thirdly, they are legal U.S. tender, albeit only for the face value of $.50. While it would be a very bad idea to spend these coins for the face value, their status as legal tender backed by the U.S. government does instill a measure trust and confidence. That could be important when the time comes to sell or trade them.
Finally, junk silver bags are bought and sold in huge quantities and are therefore very liquid - easy to buy and easy to sell.
Silver half dollars are machine counted into bags when a client's order is released to be packed and shipped. Money Metals can accommodate orders starting as small as $10 face value (20 coins). Silver coin bags of dimes and quarters are available in addition to half dollars and are generally priced even lower.
Silver Content per Silver Coin Size:
Pre-1965 Silver Dimes contain 0.0715 troy ounces of silver
Pre-1965 Silver Quarters contain 0.17875 troy ounces of silver
Pre-1965 Silver Half-Dollars contain 0.3575 troy ounces of silver
|Mint Facility:||U.S. Mint|
|Quality / Type:||Circulated|
|Purity:||90% silver, 10% copper (.715 troy oz. silver content per dollar of face value)|
|Silver Weight per Coin:||Half-Dollar - .358 troy ounces|
We are buying this item back daily, and we pay you promptly!
Our current buy pricing is $11.48 per $1 face value and we will buy up to 3,575 ounces at this price. Simply call us on any weekday to lock pricing at 1-800-800-1865.
Learn more about the process for selling to us here.
By Roland C. on February 14th, 2018
Fast service, got what I paid for. Nicely packaged.
By Ron F. on November 12th, 2017
Excellent! Received the full order and I am quite pleased with your particular selections, especially the walking liberty preponderance. Thanks much!
By Juan J. on March 26th, 2017
Once again, pleased with the quality of your products as well as the low premiums over spot. There were very few halves that were "dirty" or smudged, but most if not all were in good shape, high relief, very little wear. Thanks!
By Sharon J. on March 17th, 2017
I love the old look of the silver half dollars. They are going into my collection for sure!
By on December 12th, 2016
Ordered 30 Nov 2016 (to take advantage of free shipping). Arrived following Monday in perfect shape. Enjoyed reviewing the coins and even found a 1907 Liberty Half. I have ordered before from Money Metals Exchange and certainly will again. For me, this is the way to buy silver, US "junk" coins.