Gold $1337.7 5
Silver $16.96 -0.06
Talk to a representative: 855-242-4121

Talk to a representative:

855-242-4121

Recently added item(s) ×

You have no items in your shopping cart.

Gold $1337.7 5
Silver $16.96 -0.06
Talk to a representative: 855-242-4121

Silver 90% Bag – $1,000 Face Value

More Views

Silver 90% Bag – $1,000 Face Value
$12,501.40
  • Silver Content – 715 oz.
  • Composition – 90% silver
  • Coin Diameter – bag
  • Thickness – bag
  • Mint Dates – Pre-1965
OR
Description

Details

Overview

Before 1965, U.S. silver dimes and quarters were comprised of 90% silver and 10% copper. These worn coins are now generally sold in $1,000 silver bags, with “$1,000” referring to the the sum of the coins’ face values. Regardless of the mix of coins, $1,000 silver bags all have the same amount of silver, about 715 troy ounces.

These bags also come in half and quarter bags (i.e., $500 and $100 bags). Silver bags also can be purchased in 40% silver bags, but 90% silver bags are more common. In the trade, silver bags are sometimes referred to as “junk silver,” not because of the silver’s quality, but because the coins have been removed, “junked,” from circulation.

Michael Dallo, CPA, JD, LL.M. is a tax attorney and certified public accountant (CPA) of Dallo Law Group, a Professional Corporation. For over 10 years, Michael has zealously represented hundreds of clients in resolving tax disputes with the Internal Revenue Service and California taxing agencies, as well as developing sound tax positions and arguments to minimize their federal and state tax liability.

Learn the

Six Secrets of Silver Investing

Technology and industrial demand for silver is up, but supplies are limited. That’s why investing in silver could help you grow your wealth, protect against inflation and leave something tangible for loved ones. Interested in learning more?

“Great Time to Buy Silver” – Forbes

“Silver is Way Undervalued” – CNBC

“Silver is now rarer than Gold” – Wealth Daily

Get straight-forward answers in our FREE Silver
Investment Guide.
Call 855-242-4121 or
complete the form now to get your copy.

cross
augusta-precious-metals-see-touch-hold-your-ira-gold-silver-investing
GET YOUR FREE GUIDE