Friday, August 27, 2010

How to ID a Junk Silver Coin

Finding out whether your US coin is 90% silver or not is easy.

1. The first test is to check the date. If your dime, quarter, or half dollar is dated prior to 1965 your coin is 90% silver.

2. Another test is check the reeded edges for the "copper/nickel sandwich". If you see a band of copper around your coin that means it's made of about 92% copper sandwiched in by 8% nickel. Be careful! You have a fake zombie coin on your hands!

On the other hand, if the reeded edges are all silver colored, then you're 90% silver and all good!

3. If you got good ears and a lot of patience, you can try the "ring test". A silver coin when hit makes a clear ringing sound, while base coins make more of a short plink. Sometimes it worked for me, but most often I just ended up dropping the coins all over the floor!

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies:

Rick

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