MintPricedSilver coins and bullion basics
Until the mid-1960s, US dimes, quarters, half dollars and dollars were made of silver. That makes old silver coins worth at least their metal content, and it is one of the first things collectors check in a jar of old change.
Which US circulating coins contain silver
- Dimes, quarters and half dollars dated 1964 and earlier — 90% silver, 10% copper.
- Kennedy half dollars dated 1965–1970 — 40% silver (circulation strikes).
- Jefferson “war nickels” 1942–1945 — 35% silver, recognisable by the large mint mark above Monticello’s dome (see mint marks).
- Classic silver dollars such as Morgan and Peace dollars — 90% silver.
- From 1965, circulating dimes and quarters are copper-nickel clad, and from 1971 circulating halves and dollars are too.
How to spot a silver coin
- Check the date first — it is the most reliable test for US coins.
- Look at the edge — clad coins show a copper stripe on the edge; 90% silver coins are silver-colored all the way through.
- Weigh it — silver coins weigh slightly more than clad ones of the same size, and many collectors compare weights on a small digital scale.
Bullion vs numismatic coins
Bullion coins, such as the American Silver Eagle (one troy ounce of fine silver, issued since 1986), are bought mainly for their metal content, and their price follows the metal market. Numismatic coins are valued for rarity, condition and history; for a scarce date, the collector premium can be far above the metal value. Many old silver coins in average condition trade close to their melt value. See what makes a coin valuable.
Good habits
- Never clean silver to make it shine; toning is natural and many collectors value it (see cleaning).
- Buy bullion from reputable sellers, and be cautious of prices that look too good — counterfeit silver coins exist.
- Store silver dry and away from rubber, paper with sulfur and PVC (see storage).
Sources and further reading
Related question in the coin FAQ: Which US coins contain silver?
General information, not financial or appraisal advice. Values depend on condition and the buyer; ask a qualified dealer or grading service before buying or selling.