Pictured above are examples of "Junk Coin". It is called "Junk Coin" because it is no longer used as currency at it's face value. The silver content of these coins is much more valuable than the face value. Take the dime for instance. It can buy anything worth a dime which is its face value but that would be a waist of the value of the silver content, which is worth much more than a dime.
Junk Coin can be purchased by the bag. It is valued at it's silver content, which is more than it's face value. The silver content of these coins is 90% of the weight. Other metals such as tin was added to the silver to make them last longer while in circulation.
The American Silver Eagle Bullion coin is 999% pure silver. It is not designed to be used in circulation, but rather to be collected, saved and stored as pure silver.
These coins are collected worldwide and respected as one of the most beautifully crafted coins available.
The Chinese Panda Gold Bullion in one ounce coinage is another example of beautiful design and 999% purity. It is also designed to be collected and stored and has gained in popularity around the world for it's beauty.
The Chinese people have had a long and full understanding of the value of gold and silver as money. Being the first to invent paper money, they were the first to see their paper money printed into hyperinflation and worthlessness. This is a sensitive issue with the Chinese who understand their history very well.
The Mercury Head Silver Dime is a lovely, small coin. There have been many of these coins made and most are considered "Junk Coin", valuable because of the silver content only. Some of these coins are rare, which creates a value of a different kind. If they are rare, which is to say that very few were minted in a given year, collectors will clamor to get their hands on them, paying dearly to have them in their own collection.
Silver Bullion is 999% pure silver and comes in many shapes and sizes. Some investors want to collect and store pure silver in large quantities. They can do so in larger silver bars of various sizes which include, 10, 20, 100, or 1,000 ounce bars. These larger size bars make it more difficult to break down into smaller denominations, but that is not important to someone who wants to invest in large quantities of silver.
Investors can trade in smaller one ounce denominations while holding to larger bars. Silver is a great way to trade in smaller denominations because one ounce of gold is about 16 to 20 times the value of one ounce of silver. Gold would be used for transactions of a larger value while silver would be used for transactions of a lower value.
The value of "Junk Silver Coin" is that the 90% pure silver valuation is rarely questioned. These coins were minted under the supervision of the United States Government and certified 90% silver. Silver Bullion coins have a little bit of history of counterfeiting. Some people have been caught minting copper coins with a gold or silver layer applied to the top, to cover the copper. They then pass these copper clad coins as pure gold or silver and trick people out of the value that was in their side of the trade.
"Junk Silver Coins" are old and used coins that were minted by the US Government, many years ago. They can be trusted to be 90% pure silver.
This looks like a nice stash of metals. The general rule is to have about half of your monetary value in gold and half in silver. In weight, this would mean much more silver than gold, about 16 to 20 times more in weight, but it takes less gold by weight to make the same monetary value of silver by weight.
Bars of silver in 100 ounce sizes are a good way to store value. They are liquid and can be sold any time, but precious metals are usually collected for a "worse case scenario" or when the &^%$ Hits the Fan. Such a case could be when the electrical grid goes down and you not being able to get to your digital money in the bank because the computers are down.
Storing such quantities of gold and silver is another issue to deal with. Most investors will keep their precious metals at their local bank in a safety deposit box. The boxes are locate in the vault and can be rented by the year. Some investors will have their own safe at their home. There are precious metals dealers who offer storage of gold and silver in their vaults which may be located in a distant city or country. This may make delivery of the gold and silver difficult if serious social problems should arise. That is when you may have the most need of the gold and silver in your hands.
Gold and Silver can be embossed with artful designs for the purpose of commemorating and event or honoring particular leaders in society or government. This picture above shows the silver bar with the World Trade Center Twin Towers in New York, before the terrorist attack. The image serves as a reminder that we as a nation, must remain vigilant to preserve our freedoms. If Texas had minted their own coins as a Republic, they would have no doubt embossed the words, "Remember the Alamo" with a picture of the Mission architecture.
Commemorative coins or bars in gold or silver are very popular and can be very collectable if kept in small quantities. The value of the gold or silver changes with the spot price on a daily basis, but certain commemorative coins can be more valuable due to rarity or the event being commemorated.
The Morgan Silver Dollar is one of the most beautiful coins minted in the United States. Most of the silver used in these coins came out of the Comstock Lode in Virgina City Nevada. This was a huge silver find after the gold rush in California. It was discovered by gold miners in Nevada who had to deal with this gooey blue mud that kept clogging their sluices. They were finding a little gold but where hampered by this blue mud. Finally, one of the men took some of that blue mud and had it assayed to find out what was in it. The assayer told the man that it was worth thousands of dollars per ton in silver. The word quickly spread and even though the man who had the blue mud assayed was quick to get back to Nevada and make his claims, the word spread to San Francisco which brought thousands of treasure seekers to Nevada. The gold from California and Silver from Nevada helped to establish a hard currency in the United States as a thriving nation of hard working people made their living.
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Ben Franklin was a remarkable man. His brilliance was brought forth in his scientific, inventive and publishing work. It is safe to say that without his wise council that the idea of a new country would have had a much more difficult road to travel. He was instrumental in gathering the men of Colonial America together and convincing them to break away from England and join as a nation of states.
He is credited with inventing bi-focal glasses and the wood burning stove. His scientific work was acknowledged all over Europe. He is best known for his publishing of Poor Richards Almanac where he spread wise sayings and encouraged the people to be informed and literate. He is one of the most remarkable men who used his abilities to help people in their day to day lives, with practical products.
George Washington was a statesman, warrior and undeniable leader of the movement to establish the United States of America. He knew what he was facing and had the resolve to fight the English Empire to obtain freedom for the United States. He understood the issues at hand and wanted independence as much as any other in the Colonies. He was one of the first to rise in support of fighting the English after learning of the brutal harassment of his fellow Colonists in Boston.
He was a Virginian and knew war, but remained a gentleman. He was chosen to be the first President of the United States of America even though he did not seek it. After the war he was no doubt ready to retire to his home on Mount Vernon, Virginia, but he answered the call of duty once again to serve as President.
After serving as President, Washington wrote a farewell address to the nation in which he advised American citizens to view themselves as a cohesive unit and avoid political parties. He issued a special warning to be wary of attachments and entanglements with other nations. We would do well to heed his advice in our day and age.