Cryptocurrency Q&A
Are Morgan dollars considered junk silver?
Are Morgan dollars considered junk silver?
MysticInfinity
Wed Nov 06 2024
|
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.
Previous
What is the difference between low let and high let?
Next
How to make money shorting crypto?
7 answers
KatanaBlade
Fri Nov 08 2024
This discrepancy in value highlights that the coins have additional worth beyond their silver content.
Was this helpful?
389
75
Lorenzo
Fri Nov 08 2024
Morgan Silver Dollars and Peace $1 coins are composed of 90% silver.
Was this helpful?
94
86
Carlo
Fri Nov 08 2024
Despite their silver content, these coins are not classified as "junk" coins.
Was this helpful?
329
56
BitcoinBaroness
Fri Nov 08 2024
The weight of a silver dollar does not equate to a full ounce.
Was this helpful?
308
82
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.
Was this helpful?
229
48
Load 5 more related questions
