Pre-1965 U.S. junk silver dimes are an excellent investment for those starting in precious metals. They are easy to store, transport, and offer a low-cost way to buy silver. Their lower premiums make them a practical choice for increasing stored savings and preparing for future cashing out.
The pre-1965 Roosevelt Dimes were minted from 1946 to 1964.
The obverse side features a portrait of Franklin D. Roosevelt, inscribed with "LIBERTY" and the motto “IN GOD WE TRUST.”
The reverse side showcases an olive branch, a torch, and an oak branch, symbolizing peace, freedom, and strength, respectively, encircled by the inscriptions "UNITED STATES OF AMERICA" and "ONE DIME." This iconic design was created by John R. Sinnock.
Composition: 90% silver, 10% copper.
Silver Content: Each dime contains 0.0715 troy ounces of silver.
Face Value: $1 in face value equals 0.715 troy ounces of silver.
Types: May include Roosevelt, Mercury, and Barber dimes.
Dates: Minted before 1965.
Investment Appeal: Affordable, low-maintenance way to invest in silver.
Availability: Typically available in bags of varying face values.
Liquidity: Easy to trade, sell, or buy due to widespread recognition.
Designs: Iconic American coin designs by renowned engravers and sculptors.
Historical Significance: Represents a tangible link to U.S. monetary history before the Coinage Act of 1965.
Junk silver dimes, like those minted before 1965, are fractional silver bullion, meaning each coin contains less than 1 troy ounce of silver. These coins are primarily valued for their silver content rather than their face value or collectible appeal. Junk silver dimes are an affordable and low-maintenance investment, with lower premiums compared to other silver bullion options.
Investing in pre-1965 silver dimes offers a low-cost entry point into silver investment, making them ideal for those looking to hedge against the devaluation of the U.S. dollar.
The term “junk silver” refers to heavily circulated U.S. silver coins minted before 1965 that are composed of 90% silver and 10% copper. These coins, including dimes, quarters, and half dollars, are typically collected, traded, and sold for their silver content and melt value, rather than their face value or numismatic value. Junk silver serves as a hedge against the dollar, offering a tangible store of value.
Investing in junk silver coins, like pre-1965 dimes, is a way to build a personal store of value. Many countries, including the UK, Canada, and Australia, have their own versions of junk silver, reflecting similar investment strategies globally.
Junk silver coins are labeled as "junk" because they lack numismatic or collectible value. Heavily circulated coins are typically tarnished, worn, and flattened, making them unfit for regular circulation and often discarded by banks. However, there remains a strong demand for junk silver among collectors and investors.
Pre-1965 U.S. junk silver dimes are an excellent investment for those starting in precious metals. They are easy to store and transport and offer a low-cost way to buy silver. Their lower premiums make them a practical choice for increasing stored savings and preparing for future cashing out.