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Coins & Bars - Silver

American Eagle Silver Coin  
Adolph Weinman’s famous 1916 “Walking Liberty” U.S. half-dollar is the basis for the design of the American Silver Eagle. Every Silver Eagle is a work of art, minted to exacting standards by the United States Mint. 

​Authorized by Congress in 1985 and first minted in 1986, Silver Eagles are .999 fine silver, the finest silver coins ever issued by the United States. Each contains a full troy ounce of silver. The American Eagle is uniquely the only silver bullion coin whose weight, content, and purity is guaranteed by the United States Government.

90% Silver U.S. Coinage
One of the most popular ways to invest in silver bullion is with 90% U.S. silver. Misleadingly called “junk” silver, this name was given to these coins in the 1970s to describe average circulated silver coins, meaning coins that were not rare.

​All “90% coins” are pre-1965 because prior to 1965, all U.S. dimes, quarters and half-dollars were struck from an alloy containing 90% silver and 10% copper. In 1965, at the direction of Congress, the U.S. Mint removed all silver from dimes and quarters. Silver content in half-dollars was reduced at that point to 40%.

40% Silver U.S. Coinage, "Clad Silver"

After the U.S. Mint removed all silver from dimes and quarters in 1965 they reduced the silver content in Kennedy half dollars from 90% to 40%. To achieve 40% silver content the Mint changed the alloy from which the coins were struck by using a base metal alloy for the core of the coin and then adding a silver coating to the outside of the coins. 

​These Kennedy halves (1965-1969) are known as “clads” because they are clad in silver. After 1969 all circulating U.S. coins were struck without silver. A “40% Silver Bag” consists of 2000 Kennedy half dollars minted between 1965 and 1969.