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The term junk silver signifies silver coins without a numismatic premium. In the United States, this is taken to mean pre-1964 90% silver 10-cent ('dimes'), quarters and half-dollars; $1 face value of those circulated coins contains 0.715 troy ounce (22.2 grams) of fine silver. [26]
The Coinage Act of 1965, Pub. L. 89–81, 79 Stat. 254, enacted July 23, 1965, eliminated silver from the circulating United States dime (ten-cent piece) and quarter dollar coins. It also reduced the silver content of the half dollar from 90 percent to 40 percent; silver in the half dollar was subsequently eliminated by a 1970 law.
The Coinage Act of 1965, signed by President Lyndon Johnson, eliminated 90% silver coins from circulation, according to a blog from ModernCointMart. That law mainly affected U.S. dimes and quarters.
The 1965 United States half-dollar coins contained 40% silver; in previous years these coins were 90% silver (.900, or one nine fine). With the release of the 1965 half-dollar, which was legally required to be accepted at the same value as the earlier 90% halves, the older 90% silver coinage quickly disappeared from circulation, while the newer ...
Silver coins are highly prized by dealers and collectors -- not just because of their silver content, ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. new;
When rifling through change or found coins, always make sure to put aside all pre-1965 Roosevelt dimes, which contain a 90% silver composition and are worth significantly more than their face value.
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