There’s absolutely nothing misleading about the term constitutional silver - it merely refers to silver coinage that is guaranteed by the national government and is backed by the faith of the United States.ĭon’t forget… the United States Mint and the coins it produces are all passed by congress, signed into law by the United States, and codified into the core legal documents that declare our nation’s sovereignty. Many of these people distrust modern-day governments in the United States and abroad, don’t have faith in the stock market, and believe that precious metals are the only “real” form of money. These days, some people are concerned about currencies unbacked by precious metals (more commonly known as fiat money), economic system breakdowns, and other tragic things. The term constitutional silver is marketing jargon that has become popular these days because it stirs emotions of patriotism, security, and traditional American values - things many people who like to stack silver coins are looking for. So, why is this? And what’s the big deal about constitutional silver if it’s really just what other dealers sell as junk silver? You’re probably hearing a lot more constitutional silver coins these days more than you ever had before. Why All The Hype Around Constitutional Silver Coins? If you have any awareness of the silver markets or are familiar with the bullion world, you’ll probably realize that much of the material sold as “constitutional silver” is the same coinage that is historically advertised as “ junk silver.” But mostly, constitutional silver entails the classic 90% silver coins that were produced before 1965. This doesn’t mean that some constitutional silver lots won’t include 35% silver war nickels or 40% silver Kennedy half dollars. 40% silver Kennedy half dollars from 1965 through 1970.When we’re talking about constitutional silver coins, it’s also important to note the following coins that were not listed above - like the classic silver designs used during or created in the 19th century, including: However, this doesn’t mean that some people selling constitutional silver won’t also include the other coins that I’ve listed above. Therefore, buying pre-1965 silver dimes and quarters allows you to get more bang for your buck (per gram of silver). Hence, the numismatic premiums you’ll pay on these two types of coins are generally lower than for the scarcer, older silver coins that are more valuable. Some dates were struck to the tune of 100 million or more. These two types of coins saw the highest overall production and thus are the most common across the board.
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