Junk Silver Coins
Junk silver coins are simply another name for coins that contain 90% silver.
Junk silver coins - such as the popular silver Kennedy half dollar, Roosevelt dime, and Washington quarter - were minted in 1964 or earlier. After 1964, the amount of silver contained in coins was reduced to just 40%.
Even though they are often referred to as 'junk silver,' these coins are anything but junk! The phrase is simply used to describe a bag of circulated silver coins in average condition that are valued for their silver content and not their collectible value.
Here's the cool part - the 90% silver bags containing dimes or quarters can often be purchased through online auction sites for as much as 1% under spot!
Buying 'junk silver coins' is kind of like buying silver on sale! How neat is that?