Turn your scrap silver into cash.
As a matter of fact, silver is way easier to find than you think and not as rare as gold.
Most silver is mined as a by-product of other metals, and there is only one gram of silver per 27,000 pounds of earth. But you don’t have to start digging holes in your backyard; just rummage through drawers, closets, attics, and basements to find silverware or silver-plated items. Essential household items such as cutlery, old medals, pins, jewellery, tea sets, old medals, and plaques can all contain silver, and even old U.S. coins minted before the mid-1960s are another source of scrap silver. Many people also use coin roll hunting as another source of finding silver.
Coin roll hunter and Junk Silver
A coin roll hunter is searching coin rolls for valuable coins. The bank would be the first, easiest and most convenient way to get coin rolls. You will have to go through every single coin and look for Junk silver coins.
Junk silver coins are the easiest to find and most popular coins. They are American and Canadian coins that contain a fair amount of silver. U.S. dimes, quarters minted before 1965 are 90% silver. The 1965-1970 half-dollar had 40% silver. Nickel minted between 1942 and 1945 contained 35% silver and was known as war nickel. In Canada, dimes and quarters didn’t have very high mint numbers until silver was discontinued in 1964.
Of course, after sorting through your rolls, the unwanted coins can be returned to the bank.
Did you know?
Several Canadian quarters minted in 1970 had a small misprint that made them very valuable. The quarter had a small misprint of the ‘1941’ stamp above the word ‘Dollar’ on the back of the coin. These coins are an excellent example of how mistakes in manufacturing can have lasting consequences.
In addition to silver, older U.S. pennies such as the Indian Head Cent (1859-1909) and the Wheat Cent (1909-1958) were valued for their copper content and numismatic value. Every penny minted before 1982 was 95% copper.
Finding quality coins is becoming increasingly difficult as the amount of silver currently in circulation dwindles. You can iterate through a stack of scrolls and not find any silver.
If you want to sell your scrap silver or all of your coins, finding a reputable and transparent buyer is what you can expect at Express Gold Refining.
On a closing note, only sterling is “true” silver. The easiest way is to look for the sign “.925” or the word “sterling” printed somewhere on the item.
Learn as much as you can about the value of scrap silver. The silver content of scrap silver varies from item to item, so it is crucial to determine an item’s silver content accurately. Using the calculator available on our website, you can easily estimate the value of scrap silver that we will refine for you and turn into new silver.