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  • 40% Silver Coins $1 in Face
40% Silver Coins $1 in Face
 
360 View and Stock Photo is for visual reference only. Dates on images may also differ.

40% Silver Coins $1 in Face

SKU: 40

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*Price changes every 5 seconds. The price added to cart will reflect the current spot price. Discount is calculated savings compared to credit card pricing for one unit quantity.


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Specifications

Product Specifications
Fineness: 0.4
Mint: United States Mint
Edge Design: Reeded
Product Details

Gainesville Coins offers 40% Silver U.S. Coins, in $1 face value quantities, for those customers looking for a low-cost alternative in buying silver bullion. Their low premium over spot prices compared to modern silver bullion coins makes these coins an attractive option when buying coins simply for their silver value.

These 40% JFK halves minted from 1965 to 1970 contain approximately .1478 oz of fine silver. Gainesville Coins sells these coins in increments of $1 face value (two coins). This $1 of coins contains approximately .295 troy oz of silver. These coins can be purchased in any quantity in increments of $1 face value. Simply enter the total dollar face value you want in the “Quantity” box when ordering.

In 1964, the U.S. Mint stopped production of the traditional 90% silver dimes, quarters and half dollar coins, because the price of silver has exceeded their face value, and people were melting them down. However, public sentiment was against making the half dollar memorializing the recently-slain President John F. Kennedy a clad coin, so the Mint came up with a compromise. A core composed of a 79% copper / 21% silver alloy was sandwiched between two very thin layers of 20% copper / 80% silver, so the coin retained a bright luster. The combined metal content of these "silver clad" coins worked out to 40% silver and 60% copper.

The price of silver continued to rise, and by 1971, the JFK half dollars had to be made from a cupro-nickel cladding on either side of a copper core.

Stock photo is for reference only. Date and condition are chosen randomly from available inventory.

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Curious about how a bank wire transaction works?

Orders totaling $2000 or more qualify for payment by bank wire. To pay by bank wire, a temporary hold of 5% of the purchase price will be placed on the debit or credit card supplied at check out (10% for international customers). Bank wire instructions will be emailed once the hold has been authorized.

Bank wires for the full amount must be initiated by the end of the next business day. Once the wire payment is received, Gainesville Coins will release the hold of the 5% authorization fee.

Click here for Wire Transfer Instructions.

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