Different junk silver

[Evanscott]

There is all kinds of junk silver, does condition matter such as vg, bu , etc. and what is the range for different kinds?

[cdrematt]

This may be just me, but when I think of the term "junk silver," I am thinking about low grade numismatic coins that have minimum value above their silver weight (poor to very good, and maybe fine). Once you get much higher than that, you have a coin with significant numismatic value as well. BU would definitely be an investment grade coin, rather than junk silver.

[Bimetallic]

19 hours ago, cdrematt said:

This may be just me, but when I think of the term "junk silver," I am thinking about low grade numismatic coins that have minimum value above their silver weight (poor to very good, and maybe fine). Once you get much higher than that, you have a coin with significant numismatic value as well. BU would definitely be an investment grade coin, rather than junk silver.

Junk silver is circulation coinage. Like quarters, dimes, half dollars, etc from before 1964 or so. It doesn't normally have a grade – it's sold in bags. It's common in the US and Canada. Not sure about the UK, or when the UK stopped using silver in coins.

[cdrematt]

I'm in the US, but I collect world coins. UK coins switched from sterling to .500 fine in 1920, and the last year that is silver was 1947.

[Peterheat]

On 17/11/2020 at 01:21, Bimetallic said:

Junk silver is circulation coinage. Like quarters, dimes, half dollars, etc from before 1964 or so. It doesn't normally have a grade – it's sold in bags. It's common in the US and Canada. Not sure about the UK, or when the UK stopped using silver in coins.

There's pre 47s over here they are 50% silver and then pre20s they are 925 

[StackemHigh]

30th of September 1992 the last of the old sized UK 10p coins were replaced by the new smaller sized coins. The old size was the same size as the old 2 bob bit or the 2 shillings coin some of which contained silver which remained in circulation after decimalsation.