Now available at Black Mountain Coins are $1 Face Value lots of the Mercury silver dimes! Each lot contains .715 ounces of actual silver content and a random assortment of dates and mint-marks. These would be great for any collector of US coins or silver coins, and are a great way to start off a date set. Get yours now while supplies last!
Photo is stock. Coins may differ from the ones pictured.
Junk silver dimes do offer several advantages. First, they provide small increments of barter. Secondly, like silver rounds, this form of silver coinage generally carries a low premium over the spot market price of silver — unless during situations of physical supply shortages. (In other words, the market value of “junk silver” is very close to the actual melt value of the junk coins.) Thirdly, they are legal U.S. tender (albeit only for the face value). Finally, junk silver bags are recognized around the world as a trading medium and are therefore very liquid.
For every $1.40 in face value of a combination of dimes, quarters, and half dollars pre-1965 there is the equivalent of 1 troy ounce of silver. Another way to look at this is for every $1.00 in face value there is .715 troy ounces. For example, you have $10.00 face value of silver quarters, then that is equal to 7.15 troy ounces (10.00 x .715 = 7.15). In addition, if you take $1.40 and multiply it by .715 you get the desired $1.00 amount.
USA – Dolley Madison Commemorative – $1 – 1999 – Proof Silver Dollar – US Mint Box & COA
This, the second Britannia release of 2023, debuts the effigy of His Majesty King Charles III.
This coin is part of a series that was started in 1986 and has proven to be immensely popular with collectors. This 1987 American Silver Eagle was minted from one ounce of .999 silver and has been authenticated, encapsulated and graded by Professional Coin Grading Service (PCGS), one of the countries top third-party grading services, as Mint State 69, just one grade point from absolute perfection.
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Coin Highlights:
One of the most popular designs in American coinage, the Silver Eagle combines beauty with Silver bullion appeal. Add the 2017 Silver Eagle to your cart today!
History of the American Silver Eagle Program
The U.S. Mint attempted to establish selling Silver bullion in the 1970s and early 1980s to help reduce the Defense National Stockpile. The reasoning was that domestic needs exceeded that of strategic needs. Many refiners had actually opposed the plan due to concerns of diminishing the need of in-state mining and possible reduction of Silver spot at the time. Throughout the back-and-forth, the United States did end up selling-off large amounts of Silver (roughly 105 million troy ounces) but not as coin, as they had originally intended. When this happened, it did in fact cause the price of Silver to drop immediately. Many traders started unloading futures with the anticipation that price would fall, which it did. Over a span of several years and suspensions, it wasn’t until June 21, 1985, that the senate finally agreed to an amendment by a voice vote. The amended bill was signed by President Reagan on July 9, 1985. The bill, know as the “Liberty Coin Act” authorized the law of the American Silver Eagle program with an effective date of October 1, 1985, but came with stipulations that no coins may be struck or sold until September 1, 1986. Finally, after all of this, the first American Silver Eagle was released on November 24, 1986, which has gone on to become one of the most beloved, best-selling coins in the world.
The Design (1986 to 2021)
The obverse (front) of the coin was taken from the “Walking Liberty”, originally designed by Adolph A. Weinman, in 1916. The iconic design had already been a public favorite and one of the most beloved of any United States coinage of modern times which made it an instant favorite among collectors and enthusiasts once released. The reverse (back) was designed by John Mercanti that portrayed a heraldic eagle behind a shield the eagle holds a banner in its beak while grasping an olive branch in its right talon and arrows in its left, that echoes the Great Seal of the United States. Above the eagle and below the legend is thirteen five-pointed stars representing the original Thirteen Colonies.
Direct from the U.S. Mint
The U.S. Mint does not sell its bullion coins directly to the public. Instead, they distribute their coins to only a handful of authorized purchasers who then sell the coins to the public.
NOTE: The coins you receive may exhibit some level of natural toning and/or oxidation such as spotting. This is a normal process that and can occur over time when exposed to hydrogen sulfide which is naturally occurring in the air.
Product Details
Coin Highlights:
One of the most popular designs in American coinage, the Silver Eagle combines beauty with Silver bullion appeal. Add the 2017 Silver Eagle to your cart today!
Product Details
One of the most popular designs in American coinage, the Silver Eagle combines beauty with Silver bullion appeal. Add the 2017 Silver Eagle to your cart today!
Coin Highlights:
Product Details
Coin Highlights:
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