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The Most Affordable Ways to Invest in U.S. Silver Coins

In this article, we’ll discuss some of the most common ways to invest in silver, in order of affordability. While this list isn’t intended to be all-inclusive, it will cover U.S. silver coin investment options that are available to the common investor at relatively affordable prices.

On the affordability scale, possibly the least expensive U.S. silver coin option are silver war nickels. These are nickels that were minted with 35% silver content during the war years from 1942 – 1945. Nickel was in high demand for the production of ammunition during World War II, resulting in the U.S. substituting a percentage of nickel for silver in the mintage of these coins.

The next affordable U.S. silver coin option is the 40% silver half dollar. These are Kennedy half dollars that were minted from 1965 – 1970. Often referred to as silver “half clad” coins, these are the only U.S. coins minted after 1964 that contain silver content, with the exception of U.S. silver commemorative or American silver eagle coins, which are composed of 90% silver and 95% silver, respectively.

Probably the most common way to invest in silver coins is through 90% silver, or junk silver coins. These are U.S. dimes, quarters, and half dollars that were minted prior to 1965. 90% silver coins are typically sold for their silver content, or for a slight premium above the melt value of the coins, making them an affordable option. Not only are they affordable, but they’re highly recognized not only in the U.S., but also outside of our borders. Another appealing feature of 90% junk silver coins is that they’re highly liquid, making it relatively easy to sell the coins when and/or if the need arises.

Sterling silver coins and rounds minted by private mints, such as the Sunshine Mint, Washington Mint, and Franklin Mint are typically only slightly more expensive than 90% silver coins. Unless these coins are from a low mintage set or are proof coins, they typically only sell for a small premium over their bullion value. While not as recognizable as the other U.S. silver coin investment options previously discussed, they are fairly easy to identify and are typically stamped with “sterling” or “925.”

Following sterling silver coins and rounds in terms of affordability are .999 fine silver coins, rounds, and ingots minted by well known private mints, such as Engelhard and Johnson Matthey. These coins are highly recognizable, and since they are .999 fine silver, are highly sought after by collectors and silver investors alike. You can expect to pay a reasonable, but still higher premium for these coins than the other silver coin investment options previously discussed.

Possibly the most popular and well known U.S. silver coin investment option, with the exception of 90% silver coins, are American silver eagles. These are .999 fine bullion coins minted by the United States Mint. First minted in 1986, these coins are U.S. legal tender and have a face value of $1; although, they are typically bought and sold based on the market price of silver. They are more expensive than the previous U.S. silver coin investments previously discussed, but are still an excellent way to invest in silver.

We hope that our article on the affordability of U.S. silver coin investment options was helpful, and that whether you’re in the market to buy or sell silver coins, you’ll contact Atlanta Gold and Coin Buyers, Atlanta’s premier silver coin dealer. Our buy/sell spreads are among the top in the industry, which means that you’ll always receive more when doing business with Atlanta Gold and Coin Buyers.

Tony Davis
Tony Davis