Cryptocurrency Q&A
Are Morgan dollars considered junk silver?
Are Morgan dollars considered junk silver?
MysticInfinity
Wed Nov 06 2024
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7 answers
1526
I'm wondering if Morgan dollars are considered junk silver. I've heard this term used before and I'm curious if it applies to these specific coins.
7 answers
KatanaBlade
Fri Nov 08 2024
This discrepancy in value highlights that the coins have additional worth beyond their silver content.
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Lorenzo
Fri Nov 08 2024
Morgan Silver Dollars and Peace $1 coins are composed of 90% silver.
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Carlo
Fri Nov 08 2024
Despite their silver content, these coins are not classified as "junk" coins.
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BitcoinBaroness
Fri Nov 08 2024
The weight of a silver dollar does not equate to a full ounce.
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lucas_jackson_pilot
Fri Nov 08 2024
To illustrate, when the value of an ounce of silver reaches $20, the silver content in an old silver dollar is approximately $11.
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