90% and 40% Silver Bags 90% Silver: Refers to U.S circulated condition half dollars, quarters and dimes minted before the year 1965. All of these denominations were made of 90% silver through the year 1964. These coins started to be taken out of circulation and saved as the silver value became higher than the denomination of the coin. Today, 90% coinage is traded for its silver value as investment. Other words people use to refer to 90% coinage is "junk" silver, silver bags and "pre-65 coinage". We sell 90% silver by the coin and up to any amount. It is sold by the face value times the going rate based on the silver spot price. For example, if silver is valued at $10.00 an ounce then $1.00 face value of silver coins would have $7.20 worth of silver as there is roughly .72 troy ounces in $1.00 face value of junk silver. There is always a premium on silver and junk silver (along with generic silver rounds) tend to have the least premium during economic stable times.40% Silver: 40% Silver refers to U.S. Half Dollars minted from 1965 thru 1969. These half dollars are comprised of 40% silver and generally sell for a lesser premium than 90% coinage due to lower demand. These half dollars are also referred to as "Kennedy Clads"
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