90% U.S. Silver Bags - Junk Silver
One of the most popular ways to invest in silver bullion is with the 90% U.S. silver bags. Misleadingly called “junk” silver bags, this name developed in the 1970s and was used to describe a bag of average circulated silver coins, meaning no rare coins were included.
All silver coins are struck in 1964 or earlier with 90% purity. Each bag contains either all dimes, quarters, or half dollars. No mixed bags. For all dollar bags, call for price and availability. Full bags with $1000 face may be shipped as 2 sealed half bags.
Premium for Half DollarsPlease note that customer purchases of bags of half dollars carry a premium added to the pricing shown on the right as follows: Full bag-$200 premium, Half Bag-$100 premium, Quarter Bag-$50 premium, and Tenth Bag-$20 premium.
Whether you are in Prague or Switzerland or the UK, there is never a problem recognizing the value of a Krugerrand. With more than 54 million coins now in circulation the Krugerrand is truly one of the most liquid gold bullion coins on the market. If you want portfolio protection that can last a lifetime, the Krugerrand is an excellent choice. Over 46 million ounces in circulation since its inception.
David Goldman, CNNMoney.com staff writer
The Treasury Department has 261.5 million ounces of gold in its reserves, representing about a third of the gold stockpiles held by governments around the world. With gold selling at about $1,100 an ounce, that means Uncle Sam is sitting on $288 billion worth of the shiny stuff.
Treasury's gold sits in vaults across the country. It holds about 25,000 bars in a vault five floors down, 80 feet below street level, in the New York Federal Reserve in Manhattan. The majority of the nation's gold reserves still reside in Ft. Knox in Kentucky...
Full Story: Click HereWorries about the fast-falling dollar are sending gold prices to record highs.
Gold rose to $1,111.70 an ounce Monday as the dollar sank to a 15-month low against other major currencies in New York trading. The precious metal and the U.S. currency have had an inverse relationship since March...
Full Story: Click HereWashington, Nov 5 (IANS) India’s purchase of 200 tonnes of gold for $6.7 billion from the International Monetary Fund (IMF) “shows central banks are getting on board with the idea that the bull market in gold still has legs,” according to Forbes magazine.
“India’s purchase provides positive reinforcement for gold investors that the bull market in gold is intact,” the leading US business magazine said, citing David Rosenberg, chief economist at Canadian wealth management firm Gluskin Sheff.
Richard Ross, head of global technical strategy at New York brokerage Auerbach Grayson, agrees. “India’s move, which occurs at a time when gold prices are at record levels, speaks very loudly to the bullish undercurrent of demand.”...
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