Why Buy Junk 90% Silver Coins?
Although many investors buy junk silver coins as bullion investments, other investors buy junk 90% silver coins for “survival purposes.” These buyers fear the worst for the dollar, that it will be printed until it becomes worthless. If this “worst-case scenario” were to become reality, then U.S. 90% silver coins would be used the purpose they were originally minted: as money. CMIGS hopes that Americans never see the day that their once proud dollar becomes worthless. Yet, we are aware that the history of paper currencies is that they are printed until they become worthless. (Actually, today the most dollars in circulation are not printed but are “electronic” or digital dollars, created by the Federal Reserve.) Junk Silver Coins or Bullion Bars? Although pre-’65 silver coins would be ideal for survival purposes, when junk silver coins sell at premiums below premiums on 100-oz bars and ,1-oz silver rounds , junk silver coins hold greater upside price potential than .999 fine silver bulli