When it comes to investing in silver, many collectors and investors turn to junk silver—an affordable way to own physical silver without paying high premiums. But where do you buy rare junk silver online safely, and how do you ensure you’re getting genuine coins? Additionally, if you’re looking to buy PCGS coins, how can you identify the best options? This guide breaks down everything you need to know.
What is Junk Silver and Why is it Valuable?
Junk silver refers to old U.S. coins—typically dimes, quarters, and half-dollars minted before 1965—that contain 90% silver. These coins are called “junk” because they have little to no numismatic value, meaning they’re primarily valued for their silver content rather than rarity or condition. However, some junk silver coins are rarer than others, making them desirable to collectors.
For example, a 1964 Kennedy half-dollar contains 90% silver, while a 1942 Walking Liberty half-dollar might be rarer and more sought after. This is where buying rare junk silver online becomes an exciting and potentially profitable hobby.
Where to Buy Rare Junk Silver Online Safely
Buying silver online can feel overwhelming, especially with so many sellers and marketplaces. Here are some of the safest ways to buy rare junk silver online without falling for scams:
Reputable Online Bullion Dealers
Websites like APMEX, JM Bullion, and SD Bullion specialize in selling junk silver in bulk. These dealers offer transparency in pricing, authenticity, and secure shipping. While you may pay a slight premium, you’re guaranteed genuine silver coins.
Online Marketplaces (But with Caution!)
Platforms like eBay and Etsy have individual sellers offering junk silver, but this comes with risks. Always check seller ratings, read reviews, and look for PCGS or NGC-graded coins when possible. Avoid sellers with vague descriptions or poor-quality images.
Coin Dealer Websites
Many professional coin dealers have their own websites where you can purchase rare junk silver online. Look for dealers who are members of the American Numismatic Association (ANA) or have high ratings on the Better Business Bureau (BBB).
Online Coin Auctions
Auction sites like Heritage Auctions and Great Collections often have rare junk silver lots for sale. You can find some fantastic deals here, but be prepared to bid against other buyers.
How to Identify Valuable Junk Silver
Not all junk silver is created equal. Some coins are worth more due to their condition, mint mark, or historical significance. Here are a few factors to consider:
Condition: Coins in better condition (less wear and tear) may have numismatic value beyond their silver content.
Mint Marks: Some mints produced lower quantities of certain coins, making them rarer. For example, a 1916-D Mercury dime is significantly more valuable than a common-date Mercury dime.
Silver Content: Most junk silver coins are 90% silver, but some, like 40% silver Kennedy half-dollars (1965–1970), are less valuable.
Why Buy PCGS Coins?
If you want to take your silver collecting to the next level, you might want to buy PCGS coins. PCGS (Professional Coin Grading Service) is one of the most trusted coin grading companies. Their graded coins are authenticated, graded, and sealed in tamper-proof holders, making them a great investment choice.
Here’s why buying PCGS coins is a smart move:
- Guaranteed Authenticity: PCGS-graded coins come with certification, ensuring you’re not buying counterfeits.
- Increased Value: Coins with a high PCGS grade (MS65 or higher) often command higher prices.
- Resale Potential: If you decide to sell, PCGS-graded coins are easier to liquidate because buyers trust their authenticity and quality.
Where to Buy PCGS Coins Online
Looking to buy PCGS coins online? Here are some of the best places to check:
- PCGS Website – The official PCGS marketplace lists certified coins for sale.
- Heritage Auctions – A top auction house with a vast selection of PCGS-certified coins.
- Great Collections – Another trusted auction site specializing in graded coins.
- eBay (with Care) – Always buy from sellers with strong feedback and PCGS certification numbers.
Final Thoughts: Smart Buying and Long-Term Investment
Whether you’re looking to buy rare junk silver online for its silver content or seeking to buy PCGS coins as a long-term investment, the key is research. Stick with reputable sellers, know what you’re buying, and understand the market trends.
Silver collecting can be a rewarding and profitable hobby. Start small, educate yourself, and enjoy the journey of finding rare and historical silver coins.