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Understanding Investment in Silver Bags and Its Contents


Silver bags are a collection of silver coins minted before 1965 in the United States and which are composed of 90 per cent silver metal. When you invest in silver bags, you have the benefit of the guarantee it offers. What that means is that irrespective of the price of silver, you are sure of getting the face value of your silver bag investment at not less than $1,000 which is the face value of the coins that are in the bag.

Therefore, the value of the coins inside the bag will always be worth $1,000 which represents the amount the coins are worth. If the price of silver rises, then you have the benefit of getting an increase as the value of silver in each coin appreciates.

The content of a silver bag is usually made up of all dimes, all quarters, or all half dollars without having a mixed bag of dollar coins. That is, the denomination of all coins in each bag will always be uniform in the category of dimes, or quarters or half dollars.

If you are looking to buy dollar coins, they are usually sold as silver bags and it could be shipped to you in two separate bags depending on the weight. Each bag contains $1,000 worth of coins which are guaranteed for the face value even if the price of silver depreciates.

Each silver bag has an average of 710 ounces of silver metal and the coins may be old or in poor condition because they have been in existence for long. Therefore, if you are looking to buy silver coins, do not look forward to having all shinning new silver metals shipped to you but you are however buying the coins for the silver they contain and not for the proof of the coins

 


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Understanding Investment in Silver Bags and Its Contents

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