How to Buy Silver Dimes
When you buy silver dimes, you're buying silver coins that are relatively small and light in weight, but that still contain a substantial amount of silver content. Also commonly referred to as junk silver coins, silver dimes contain 90% silver, as is also the case with quarters, half dollars, and silver dimes minted prior to 1965. While it's less common to find a highly valuable silver dime, these coins are still in high demand strictly due to the silver content.
Of all the various silver dimes minted since 1796, a stark majority contain roughly 90% of silver mixed with 10% copper. Through the years, there were subtle changes in the metal composition all of which are well known, documented, and relevant to the price of silver dimes. Consequently, the last silver dimes were minted prior to the approval of the Coinage Act of 1965 which subsequently removed the silver content from dimes and instead replaced it with the more "pedestrian" nickel.
The most common way to buy silver dimes is in bulk due to the relatively small size and weight of these coins. Buying in bulk can consist of purchasing coin tubes, which typically have a face value of $5, or via silver dime bags, which can range in face value from $10 up to $1,000. When you purchase silver dimes in bulk, you can expect to primarily receive Roosevelt silver dimes, and to a somewhat lesser extent Mercury silver dimes. Earlier minted dimes, such as the draped bust, capped bust, and seated liberty are usually sold on an individual basis due to their collectible value.
Considering that silver dimes are most commonly purchased in large quantities, it doesn't take much for even a small increase in the price of silver to result in large gains in your investment. This is especially true if you purchase a large quantity of silver dimes, such as a face value of $250, $500, or $1,000.
Most of the discussion those far has revolved around those you wish to buy silver dimes in bulk; however, there are plenty of other options for those on a tight budget. For instance, your local coin dealer should have available as options $5 coin tubes and silver dime bags consisting of a face value as small as $10.
Of course, there are more ins-and-outs of the silver dimes industry that requires a much deeper understanding on the part of the buyer. It is not just enough to decide to buy silver dimes and have the money to do it; in order to make sure that your investment is safe and fair; one needs to conduct additional research to have a better understanding of how silver dimes are bought and sold.
If you're like a number of people, you're looking for an investment outside of the traditional options. When you buy silver dimes, you're investing in an asset that will always contain value and be in relatively high demand. The stock and bond market is becoming less appealing, considering that the big banks appear to be controlling the market, so why not consider investing in silver bullion in the form of silver dimes and put your money in an investment that is much less likely to be manipulated.
Of all the various silver dimes minted since 1796, a stark majority contain roughly 90% of silver mixed with 10% copper. Through the years, there were subtle changes in the metal composition all of which are well known, documented, and relevant to the price of silver dimes. Consequently, the last silver dimes were minted prior to the approval of the Coinage Act of 1965 which subsequently removed the silver content from dimes and instead replaced it with the more "pedestrian" nickel.
The most common way to buy silver dimes is in bulk due to the relatively small size and weight of these coins. Buying in bulk can consist of purchasing coin tubes, which typically have a face value of $5, or via silver dime bags, which can range in face value from $10 up to $1,000. When you purchase silver dimes in bulk, you can expect to primarily receive Roosevelt silver dimes, and to a somewhat lesser extent Mercury silver dimes. Earlier minted dimes, such as the draped bust, capped bust, and seated liberty are usually sold on an individual basis due to their collectible value.
Considering that silver dimes are most commonly purchased in large quantities, it doesn't take much for even a small increase in the price of silver to result in large gains in your investment. This is especially true if you purchase a large quantity of silver dimes, such as a face value of $250, $500, or $1,000.
Most of the discussion those far has revolved around those you wish to buy silver dimes in bulk; however, there are plenty of other options for those on a tight budget. For instance, your local coin dealer should have available as options $5 coin tubes and silver dime bags consisting of a face value as small as $10.
Of course, there are more ins-and-outs of the silver dimes industry that requires a much deeper understanding on the part of the buyer. It is not just enough to decide to buy silver dimes and have the money to do it; in order to make sure that your investment is safe and fair; one needs to conduct additional research to have a better understanding of how silver dimes are bought and sold.
If you're like a number of people, you're looking for an investment outside of the traditional options. When you buy silver dimes, you're investing in an asset that will always contain value and be in relatively high demand. The stock and bond market is becoming less appealing, considering that the big banks appear to be controlling the market, so why not consider investing in silver bullion in the form of silver dimes and put your money in an investment that is much less likely to be manipulated.
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Learn more about the best way to buy silver dimes. Stop by Atlanta Gold and Coin Buyers' site where you can find out all about buying silver dimes.
posted by Vittoria @ November 14, 2011
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