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Investing in Silver – Can You Still Buy Silver Coins Under Spot?

With the price of silver approaching $ 50 an ounce, wouldn't it be nice to be able to buy silver coins below the spot price?

Yes, you heard me right, below the point.

I'm going to talk to you about an often overlooked coin that is one of the cheapest ways to buy silver bullion right now.

What currencies am I talking about?

I'm talking about 40 percent silver coins.

So what exactly are these coins and why are they worth buying?

Before 1964, all silver coins minted contained 90% silver and 10% copper. I'm talking about coins like Washington Quarters, Kennedy Half Dollars, and Dimes of Mercury. If you looking for precious metal coins visit https://www.gmrgold.com/.

These 40 silver half dollars were produced from 1965 to 1969. They contained a total of 60% copper. The actual breakdown of the metal is as follows:

  • Inner layer: 79% copper + 21% silver.
  • Coated outer layer: 20% copper + 80% silver.
  • Here's a little history lesson for you: Kennedy half dollars were the last silver coin in regular circulation to be produced by the United States Mint! Clean, huh?

Three advantages of buying 40 silver coins:

  • First of all, they are a cheap and convenient way to own silver.
  • Second, they will always be considered legal tender and will never lose their face value.
  • And third, unlike popular bullion coins like American Silver Eagle, they have a very low premium!
  • These coins are in high demand from dealers right now, as they can often be bought up to 1% below the point.

It's a good deal, especially with the price of silver hitting all-time highs!

Here's the catch, though: the coins won't be pristine like a freshly minted Silver Eagle. After all, these half-dollar coins are over forty years old and will show the wear and tear of being in circulation for such a long period of time.

In conclusion, if you are looking to buy silver bars in the most profitable way possible, the 40 silver coins are an excellent option!