Pre-1965 US Silver Dimes & Quarters
Silver Roosevelt & Mercury Dimes
The US Constitution mandates silver and gold coinage as legal tender. Since its inception, the United States has minted 90% silver coins. The silver dime has been a staple up until 1965. In 1913, when the first paper dollar was printed, a silver dime could buy you $10 in goods or services. Silver dimes are sold in $1 face increments. There are 10 silver Roosevelt or Mercury dimes in $1 Face.
The Actual Silver Content in one dollar face of Mercury and Roosevelt silver dimes is .715 troy oz of pure silver.
Silver Washington Quarters
In 1913, one silver quarter could buy you $25 worth of goods and services. There are four silver Washington Quarters in $1 Face. Each Dollar face has .715 Troy Oz of pure silver. Like dimes, quarters were used for everyday transactions. Today, they are bought as bartering hedge against economic disaster or hyper-inflation.
Why Are Good Coins Called “Junk” Silver?
Numismatics is the science of coin collecting. Almost all the circulated silver dimes and Washington quarters have no numismatic value. Instead, they are sold for their silver content plus a premium. This premium varies according to supply and demand.
Refineries continue to melt down US Silver dimes and quarters to make Bullion Coins. The US Mint, which is mandated to use US Silver only, is a big consumer of melted junk silver and uses them to make Silver American Eagles. (This content is Copywritten by Drockton Bullion & Coin and protected from unlawful duplication)
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