Which would you rather have: a tangible investment that you can access easily or a piece of paper whose value can evaporate overnight? Because of the recent economic roller coaster, many investors are seeking the safety of silver. It helps protect your savings so they will still have value when you need to convert them to cash, and it helps to alleviate the inflation due to the decline in the value of the US dollar.
Silver is easily available to investors in bars, bullion, and various coins. Among all the options, silver dollars dated before 1965 are emerging as the most secure and beneficial.
Why Invest in Silver Dollars?
Quarters, dimes, and dollar coins offer investors varying levels of profit, depending on the composition and wear of the coins. Quarters and dimes are exchanged far more often, so they will wear much more than half dollar and dollar coins. This deducts from the amount of refined silver they will net.
A bag of quarters and dimes will usually yield about 715 ounces of silver. A bag of silver dollars, by contrast, will net approximately 720 ounces because the coins receive much less wear. Because of the higher yield, most people opt to invest in dollar coins.
Which Dollar Coins are Best for Investing?
Investors look for coins minted before 1965 because there are a few that contain higher contents of silver. Of particular worth to investors and coin collectors alike are the Ben Franklin, 1964 dated Kennedy, and Walking Liberty half dollars. These three silver coins will net higher premiums than dimes and quarters.
Why Would You Want Junk Silver?
When coins do not have value for collectors, they are called "junk coins." While most of the pre-1965 silver dollars are junk coins for collectors, they are considered very desirable by investors because of the high silver contents. You will find junk coins in bags with a face value of $1000, and these present a safe, reliable option for investors who want to secure their assets in case the dollar loses value.
Those interested in silver investing need to understand the value of pre-1965 coins, as well as how to invest in order to maximize profits. When invested properly, silver can net financial gains and offer unparalleled safety. In insecure financial times, silver offers investors the security and stability they need to feel confident in their futures.
To learn more about silver coins and how best to invest, download our Free Guide.
Many people are curious about how to protect their money, but often overlook the many benefits of silver coins. Take a look at our Free Guide to get started today.
