These coins, minted from 1916 to 1945, contain 90% silver. Often worn or damaged, they lack numismatic value beyond their precious metal content. They represent a tangible form of silver bullion readily available to small investors and collectors. For instance, a bag of these coins contains a specific amount of silver, directly tied to the current spot price of the metal.
Their significance lies in providing an accessible entry point to precious metal ownership. They offer a hedge against inflation and economic uncertainty. Their historical context as circulating currency adds an element of nostalgia and collectibility, despite their condition. This contrasts with newer bullion products, which are solely valued for their purity and weight.
