90% Silver U.S. Coin Bags

90% junk silver includes any circulated U.S. dime, quarter, or half-dollar dated 1964 or earlier. Monex bags consist of either 4,000 quarters, 10,000 dimes, or 2,000 Kennedy half-dollars per $1,000 face-value bag.

"Junk silver" refers to circulated U.S. coins minted with silver content before the U.S. Mint switched to cheaper cupro-nickel coinage in 1965. The term doesn't reflect the coins' condition or value. Despite the name, collectors value these coins for their silver content. Pre-1965 dimes, quarters, and half-dollars are 90% silver, while 1965–1970 Kennedy half-dollars are 40% silver.

A $1,000 face-value bag of 90% silver coins contains about 715 ounces of pure silver, or about 0.715 ounces of silver per $1 of face value. A $1,000 face-value bag of 40% silver coins contains approximately 295 ounces, or approximately 0.295 ounces of silver per $1 of face value.

Investors can start or add the 90% U.S. Silver Coin Bags to their portfolios with a minimum purchase of a single bag. Buying and selling silver in larger quantities, however, offers greater efficiency, which means better pricing for you. Monex selects only the most popular and liquid investment grade products, and buying more than one product at a time has historically proven beneficial over our extensive over 50 years* years of experience.

Once you have decided on the type and quantity of silver coins to purchase, your Monex account representative will assist you in executing your order over the phone. Upon your acknowledgment, your selected purchase and silver price will be confirmed on a voice recorded line and a written confirmation will be sent to you with the details of your order.

Payment may be made after you order, but must be initiated on the day of purchase, which means you must mail or wire funds on the very same day of your transaction. You can have your metal shipped to your home, made available for pick-up at over 30 facilities across the U.S. and Canada, or have your metal delivered to a bank/depository for storage.

Yes. Monex offers a two-way market for 90% U.S. Silver Coin Bags. To sell, call a Monex Account Representative. Once the coins are received and verified, the sale price is agreed upon and payment is issued.

For those who appreciate how precious metals can enhance investment returns while mitigating volatility and risk in a portfolio, it is recommended that a minimum of 10% of an investment portfolio be allocated to precious metals, including silver.

However, investors often purchase more when economic or geopolitical uncertainty in the markets and around the world rises. To learn more about buying silver and silver investing, be sure to visit our "Expert Views on Silver" section.

No. Silver coin purchases are not reported to the IRS. Reporting requirements may apply when metals are sold back to a dealer under certain conditions. There is no longer a reporting threshold. Investors should consult a tax professional for guidance, as reporting thresholds and requirements can vary.

90% silver coins are recognized, government-issued legal tender in small, divisible denominations, which makes them a practical way to own silver in a form that's easy to trade or spend in small amounts if needed. Their historical familiarity as circulating U.S. coinage also appeals to investors interested in physical silver as a tangible store of value outside the banking system.

No. 90% U.S. Silver Coin Bags are not available for purchase in your silver IRA, as their .900 silver content is below the mandatory minimum of .999 fine silver.

Most IRA-eligible silver products must contain .999 fine silver or better. For a full list of IRA-approved silver products available through Monex, visit our IRA page or contact an Account Representative.

The purchase price of the 90% U.S. Silver Coin Bags is at the Monex Ask price. In addition, there are charges such as commission and shipping. There is no shipping charge if you select depository delivery. Today's ask price for the silver coin bag is: $39,613.00.

It is easy to confirm that Monex offers some of the best prices on 90% Silver U.S. Coin Bags by comparing our prices with those of other dealers. But what sets Monex apart is that we also feature transparent pricing. We publish both ask and bid prices on our website. That “spread” – the difference between our “ask” and “bid” prices – tends to be far less than many other dealers. We also offer preferred pricing on purchases made over the phone with the Monex Atlas Account storage program for several of our bullion and coin products. Call us today to learn more about Monex's pricing advantages.

The value of a 90% U.S. Silver Coin Bag is based primarily on its silver content, approximately 715 ounces per $1,000 face-value bag, multiplied by the current spot price of silver. The bag's $1,000 face value sets a floor below which its price cannot fall, but because the coins' intrinsic silver value exceeds that face value by a wide margin, the face value itself has little bearing on the bag's actual market price.

90% silver coin bags are not a collector or numismatic product, and their price tracks closely to their intrinsic silver content rather than carrying the premium associated with purity-driven bullion coins like the Silver Canadian Maple Leaf or Silver American Eagle. Premiums for junk silver are generally lower per ounce than for one-ounce bullion coins or silver bars, though they fluctuate with market supply and demand for junk silver specifically.

Silver coins have great weight and volume for your investment dollars, which may present a storage challenge. Most people could not carry $25,000 of silver coins without a wheelbarrow, whereas that amount of gold could fit in the palm of your hand. For this reason, investors of silver coins should take into consideration where they will store their purchase, and is why investors purchasing larger quantities of silver tend to use a bank/depository storage facility. The silver coins most preferred for depository storage are the two most popular and liquid coins in the world, the U.S. Silver American Eagle and the Royal Canadian Mint's Silver Maple Leaf.

If you choose to store your silver coins in this way, we will deliver your investment with full title and ownership in your name to one of the independent bank/depository facilities that provide storage for Monex customers. When your metal is received by the bank/depository, the custodian of the facility will send you a document acknowledging the receipt and your ownership of the silver being stored in your name.

Silver shipments are typically insured by the carrier in transit until delivery is confirmed. Metals stored through approved depository arrangements are subject to the terms and protections of the storage program.

Almost every investment in physical metal is unique. For this reason, calculating shipping timing for a unique silver purchase is not a universal answer. The delivery of your metal is dependent on a variety of factors, including the quantity of metal, the time of your purchase, and other relevant details.

On average, physical metal will leave the shipping facility two to five days after confirmed, reliable good funds are received. Upon receipt of payment and confirmation of reliable good funds, Monex will direct one of its independent shipping facilities to package and assign it to either USPS or UPS for delivery. You will then receive an email or a telephone notification of your shipment’s tracking number.

During periods of extremely high shipping volume, you will be notified if any delays are anticipated. Call a Monex account representative to learn more about estimated shipping times for your unique investment.

90% U.S. Silver Coin Bags are packaged securely and shipped via insured, secure carriers. Tracking information is provided once the shipment is released.