1 vote

New Silver EAgles vs. 1964 silver dollar

I wasn't thinking and went into the coin store and just bought 10 silver eagles ounces for just over 200 bucks. I forgot to get the pre 1964 silver dollars instead. What's the drawback to buying newer silver eagles compared to 1964 silver? Is the markup just less since its considered more junk silver ?
I mean I still have 10oz of silver either way so I guess I didn't make out too bad.



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I don't think there is a

I don't think there is a difference in pre-1965 eagles, so I think you did alright. Not considering whatever premium you paid for the coins. Everybody will tell you they could have got you a better deal, but the important thing to know is that your silver eagles are a more purified form of silver than the pre-1965 silver coins. Your Eagles are 99.9 percent pure silver, wheras pre-1965 coins are only 90% silver with 10% copper added for durability. Either way, as long as you deal with someone who will calculate the silver content in the coin to determine it's true value, you'll do alright. I have bought 1/20 ounce canadian maples leafs, Silver Eagles, and pre-65 quarters and mercury dimes. That's my grocery fund if things get wacky.

Things are only impossible until they are not.
-- Jean Luc Picard

Things are only impossible until they are not.
-- Jean Luc Picard

I don't think there is a

I don't think there is a difference in pre-1965 eagles, so I think you did alright. Not considering whatever premium you paid for the coins. Everybody will tell you they could have got you a better deal, but the important thing to know is that your silver eagles are a more purified form of silver than the pre-1965 silver coins. Your Eagles are 99.9 percent pure silver, wheras pre-1965 coins are only 90% silver with 10% copper added for durability. Either way, as long as you deal with someone who will calculate the silver content in the coin to determine it's true value, you'll do alright. I have bought 1/20 ounce canadian maples leafs, Silver Eagles, and pre-65 quarters and mercury dimes. That's my grocery fund if things get wacky.

Things are only impossible until they are not.
-- Jean Luc Picard

Things are only impossible until they are not.
-- Jean Luc Picard

different dollars

Eagles are one troy ounce (31.10 grams) net weight .999 fine silver

Peace Dollars & Morgans are .7735 tr oz (24.06 gm) nt wt minted in a .900 fine alloy.

Viva Agora!
Professor Bernardo de la Paz
www.citizenduquesne.org

dynamite anthrax supreme court white house tea party jihad
======================================
West of 89
a novel of another america
https://www.smashwords.com/books/view/161155#longdescr

$$$$

the other silver dollars like the morgan and peace dollars are only .74 or .77 percent silver. The new ones are close to 100 percent