90% Pre-1965 U.S. Silver Quarters - $100 Face Value Bag
United States dimes, quarters, and half dollars minted in 1964 or earlier are commonly called “junk silver.” Junk silver may have an unflattering name, but it's undoubtedly an incredible product. The name comes from the fact that these coins actually circulated for many years.
They have a weathered appearance and are made of 90% silver for extra durability, making them excellent for barter in a major crisis. Despite their worn look, all junk silver (dimes, quarters, and half dollars) sold by SchiffGold have legible dates, with the coin's face visible.
In keeping with industry custom, orders placed for multiple $100 Face Value bags will be automatically consolidated into larger bags, such as $500 Face Value bags or up to $1,000 Face Value bags.
"Face value" refers to the nominal value of the coins (e.g., 4 Quarters equals $1 Face Value). The industry standard is that there are 71.5 oz of pure silver in every $100 Face Value bag.
$100 face value bag (contains 400 quarters) = 71.5 oz (pure silver weight if melted down)
$500 face value bag (contains 2,000 quarters) = 357.5 oz (pure silver weight if melted down)
$1,000 face value bag (contains 4,000 quarters) = 715 oz (pure silver weight if melted down)
One can always determine how much they are paying for the silver in the coins, divide the price of the bag by the number of ounces it contains, or ask one of our precious metals specialists for the price per ounce of silver.:
Common quarters found in junk silver bags:
1932-1964 Washington Silver Quarters
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SchiffGold Product Policies
We recommend that serious investors in gold and silver choose only bullion coins and bars. Within that category, buyers are wise to stick with industry standard, nationally-minted coins: American Eagles and Buffalos, Canadian Maple Leafs, Australian Kangaroos, and South African Krugerrands.
Many of our competitors push exotic or commemorative coins, which are sold to unsuspecting investors for 25-30% commissions over the price of the metal they contain. In general, these products are terrible investments and should not be considered if you are looking to protect your savings from inflation.
In gold, we recommend buying these types of products: 1-ounce and fractional gold coins, 1-ounce bars, 10-ounce bars, and 1-kilo bars.
In silver, we recommend buying these types of products: 1-ounce coins, 1-ounce and fractional rounds, 10-ounce bars, and 100-ounce bars. We also recommend junk silver – US quarters, dimes, and half dollars that were minted prior to 1964 and are 90% silver by weight.
While we do not recommend or sell rare or collectible coins, we have access to any and all gold and silver products that might interest you. If you are looking for products not listed on our website, we can usually offer them at prices far below what our competitors would charge. Call us for more information: (888) 465-3160.
Our prices are among the lowest in the business. Owing to the size of our business, we are able to purchase at the steepest discounts and pass the savings along to our customers. We will work hard to earn your business.
In addition to excellent pricing, we provide diligent and attentive customer service. Our clients enjoy exclusive access to Peter Schiff’s insights and recommendations. We custom-build an experience that is suited to your needs. This is what sets us apart from the competition.
We do business the old-fashioned way: providing individual service with a real person. We do not offer online purchases. Many online companies rely on deceptive pricing, hidden costs, or worse. Our prices are transparent and total. Call us at (888) 465-3160 to learn more about how we can help you convert your paper assets into precious metals.
Honesty and fair dealing are the hallmarks of SchiffGold and Peter Schiff. We look forward to earning your business.
We have nothing against collecting numismatic coins for aesthetic or hobby reasons. However, we argue that for two critical reasons numismatic coins are generally poor investments.
First is the mark-ups or commissions. It is not uncommon to see mark-ups of 20% to 35% on numismatic coins. That means that the price of gold has to appreciate by 35% before you break even on a sale.
Would you buy a stock if your broker charged you a commission of 35%? We have our roots in the securities industry, where commissions are far lower, which is part of why we do not sell numismatic coins.
In addition, selling little-known, unusual, or exotic coins may be difficult, or you may have to sell below the market value of the metal. Unless the dealer has an immediate need for the coin you purchased, he may be reluctant to repurchase it from you. In contrast, bullion coins are a fungible commodity for which there is always a ready, liquid, and transparent global market.
The precious metals field is completely unregulated. Dealers of dubious reputation are not uncommon, as are investing schemes that sound good, but are often rigged to bilk unsuspecting buyers.
In times of economic uncertainty, shady operators take advantage of the urgent and emotional demand for precious metals by jumping into the marketplace. In such an environment it is incumbent on the consumer to only do business with trustworthy companies.
Peter Schiff is Chairman and Principal Owner of SchiffGold. Over the years, Peter has developed a sterling reputation as a no-nonsense straight shooter who zealously guards his public image.
Time and again, Peter has shown his integrity by telling the truth, often at the expense of popularity and potential business. His specific goal with SchiffGold is to bring honesty, integrity, and fair pricing to the business.
Liquidity is an important factor when buying gold and silver. There will come a time when you want to sell your metals. Since we only work with recognizable, highly liquid bullion products, you can sleep easy knowing that the metals you purchased can be easily sold.
Liquidity presupposes a fast and efficient market, which may not exist for so many of the numismatic and exotic coins that are offered by our competitors. Often, the only buyer for your collectible coins may be the dealer from whom you bought them. This is not an ideal situation.
SchiffGold stands ready to help you buy or sell your precious metals. We stand behind everything we sell and are happy to buy back any gold or silver product that you’ve purchased – whether you bought it from us or not.