At the time of original publication, the article described the following: The year before this article’s 2014 publication was described as an especially notable period for junk silver coins. Although silver’s price fell by about 36% during that year, demand for silver coins—and junk silver coins in particular—reached unprecedented levels. During much of the second and third quarters, supply was nearly absent, and the limited amount that occasionally reached the market had already been claimed before it could reach the showroom floor. As Atlanta Gold & Coin discussed in a recent article, premiums climbed as high as 18% – 25% for 90% dimes, quarters, and halves in the second and third quarters of 2013.
For silver-coin investors, especially those who preferred 90% U.S. silver coins, the original article reported that prices had moderated and were near their historical average. With silver then only slightly above $19 per ounce, it suggested this might be the best time in several years to buy silver. It further speculated that shortages could develop as silver approached its mining cost, potentially supporting its price. Recent economic reports at publication were also said to suggest an economy less stable than first believed. If that proved true, the article reasoned that continued loose Federal Reserve monetary policy could reduce the dollar’s value and raise gold and silver prices.
At the time of publication, it was impossible to know when silver prices might rise or whether premiums for junk silver coins would also increase. Readers who had been considering silver coins at reasonable prices were therefore encouraged then to use the opportunity before prices or premiums began moving higher.
Atlanta Gold & Coin had addressed the subject briefly before this article and expressed the view that 90% U.S. silver coins were among the better ways to invest in physical silver. The article gave three reasons. First, 90% silver coins had historically carried lower premiums than many government-issued bullion coins, including American Silver Eagles and Canadian Silver Maple Leafs. Cost, it stated, should always be a primary consideration before any precious-metals purchase.
Second, the article described junk silver coins as among the most widely recognized silver coins worldwide. It argued that a broad, liquid market can be the most important consideration because an owner might later choose to sell after gaining a large unrealized profit or when unexpected expenses arise. Junk silver coins were characterized as a commodity that could be sold almost immediately through many outlets, though a reputable coin dealer was described as typically the best option.
Finally, the original article noted that some customers believed the dollar would eventually collapse and that bartering might be necessary until a stable new currency emerged. Some believed 90% silver dimes, quarters, and half dollars could serve as interim currency because junk silver coins were widely recognized, liquid, and had a known value. Even if that worst-case scenario never occurred, the article observed that more businesses were accepting gold and silver coins as payment. If that trend continued, as the article compared it to Bitcoin, gold and silver might someday be used for ordinary purchases.
When this article was originally published, Atlanta Gold & Coin Buyers reported having a wide selection of 90% silver dimes, quarters, and half dollars in stock and stated that its junk silver prices were well below competitors’ prices. The original article also reported that its 90% silver coins often sold out quickly. Readers then interested in adding to a silver-coin inventory were invited to call 404-236-9744 or email sales@atlantagoldandcoin.com.
