Collectible numismatic coins are those that have market values that are wildly out of line with the value of their silver content. They are prized for their rarity more than anything else. The problem with these coins as investments is that their numismatic premiums are unlikely to keep up with the rise in the price of silver.
Is there such a thing as junk silver?
Junk silver is made up of silver coins minted before 1965 when U.S. currency was minted with 90% silver. While of little value to coin collectors, junk silver coins can be melted down for their silver content. Tracking the ” Spot price ” of silver is a must if you intend to invest.
