Gold $1295 16.2
Silver $17.34 0.23
Talk to a representative: 855-242-4121

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Gold $1295 16.2
Silver $17.34 0.23
Talk to a representative: 855-242-4121

Silver 90% Bag – $500 Face Value

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Silver 90% Bag – $500 Face Value
$6,374.05
  • Silver Content – 357.5 oz.
  • Composition – 90% silver
  • Coin Diameter – bag
  • Thickness – bag
  • Mint Dates – Pre-1965
OR
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Overview

Before 1965, U.S. silver dimes and quarters were comprised of 90% silver and 10% copper.  $500  silver bags all have the same amount of silver, about 357.50 troy ounces.

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.

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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.

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