Monday, January 14, 2013

Investing in Pre-1965 Silver Dollars

During tough economic times, many people are hesitant to invest, and understandably so. Seeing your children’s college fund or your retirement savings slashed or virtually eliminated is traumatizing. Silver, however, offers a safe haven for investors who want to protect their assets and see them grow. Silver dollar coins predating 1965 are secure investments even during rocky markets.

Why Silver Dollars Are a Good Investment

Silver is a great investment, but what type should you concentrate on? For investors, silver dollars offer the most profitability. The reason why investors tend to seek out silver half dollars instead of silver quarters and dimes is that they are not as widely circulated and worn. This increases the amount of refined silver they will net.

To see why this matters, it is useful to compare the silver yielded from a bag of quarters and dimes and that from a bag of dollars. The quarters and dimes net about 715 ounces of silver after smelting, while the half dollars net 720 ounces. Heavy wear reduces the amount of silver in the coins, so investors look for coins that haven’t been exchanged as much: silver half dollars.

Which Silver Half Dollars Should You Invest In?

Which silver coins are most sought after by investors and collectors? Three coins minted before 1965 provide the most profit and security for investors. These are the 1964 dated Kennedy half dollar, the Ben Franklin half dollar, and also the Walking Liberty Half Dollar.

What Are Junk Silver Coins and Should You Invest In Them?

Did you know that most of the pre-1965 silver dollars are junk coins? The name is deceptive because they are still very valuable to investors. Junk silver coins are those that have no value as a collectors’ coin but still have a great deal of monetary worth.

Junk silver coins are available in bags, each of which has a $1000 face value. Junk silver is a safe and profitable investment because of the pure monetary value. Many investors choose junk silver coins to mitigate losses in case the dollar’s value declines.

Any investment should be thoroughly researched. Those wishing to invest in silver should know the value of pre-1965 silver dollars and how they can turn the largest profits safely.

Silver offers a safe way to ensure that your savings will have value in the future. To continue your research and get started with silver investing, download our Free Guide.

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