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 Replies: 32 / Views: 4,464 |
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Bedrock of the Community
Australia
21788 Posts |
I collect World coins.
ANY silver coin that is not worth more than silver value is
junk silver.
That includes Australian as well as American coins.
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New Member
United States
19 Posts |
That makes no sense as to why it's junk. It's not worth more than pure silver because it's an alloy. It's still worth how much silver it contains plus the copper value, plus the made up value people attribute to rarity.
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Pillar of the Community
Canada
2805 Posts |
90% is too American, I'd call it "circulated silver".
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Pillar of the Community
United States
4897 Posts |
I agree with sel. Peronally never understood the aversion to the term "junk silver"...."A rose by any other name would smell as sweet"
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Bedrock of the Community
Australia
21788 Posts |
My World junk silver collection has coins thay vary in fineness from .350 to .945. When they otherwise have no numismatic value by reason of damage or wear, 'junk' seems to be the most appropriate term.
If you had to add the cost of refining for the silver, the ASW value for pure silver equivalent, would be less than 50% spot for pure silver.
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Valued Member
Canada
281 Posts |
I like to call it frac silver and like all fractional silver it's the "Quick,let's get the heck out of Dodge" silver  |
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Pillar of the Community
United States
2168 Posts |
Makes no sense except that they are coins that only have 'addl value' due to their silver content. so junk to colletors. I don't think of them as junk at all.
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Valued Member
 Australia
208 Posts |
I, the OP, have decided I like the name "90% silver coins" or "90%" for short. I have found a LCS who has the best prices in town, but often is sold out, so I ask if he has any "90%"
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Pillar of the Community
United States
511 Posts |
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Valued Member
United States
359 Posts |
"Circulated silver" is the term I use if I'm dealing with a seller. The term "junk" just comes across as insulting their wares, IMHO.
"Hey, I want to buy some of your junk."
"Forget you buddy, shop elsewhere."
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Pillar of the Community
United States
2734 Posts |
Quote:
"Circulated silver"  |
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Valued Member
Australia
165 Posts |
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Valued Member
United States
200 Posts |
"Junk Silver" is catchy even though not correct.
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Valued Member
United States
318 Posts |
When I'm buying I call it Junk Silver! Don't show me your slabbed beauties with the glimmer of huge profits in your eye. Sigh, and haul out your shoebox full of dull and dusty coin and prepare for me to whittle you down from spot.
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Pillar of the Community
United States
2541 Posts |
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Replies: 32 / Views: 4,464 |
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Posted 02/15/2013 6:08 pm
