Whether financial institutions maintain a stock of older, 90% silver coinage is a common inquiry. These coins, particularly those minted before 1965 in the United States, possess intrinsic value beyond their face value due to their precious metal content. Individuals occasionally seek these coins for collection purposes, investment, or historical interest.
The availability of specific coin types at banks fluctuates based on several factors. Demand from customers, historical holdings, and the bank’s overall policies concerning precious metals all play a role. While banks are unlikely to actively promote or advertise the sale of such coins, they may occasionally possess them due to deposits from estates, collectors, or individuals who have held onto them over time. The value tied to the silver content offers potential for appreciation beyond the coin’s nominal worth, fostering interest in acquiring these older issues.
