While people who buy silver quarters have been doing so for a long time, this practice has only now become widespread knowledge among investors. Silver quarters offer tremendous potential as profit builders and people familiar with this trade know this only too well. The idea behind buying silver quarters is based on the basic business premise of buying and selling for profit. Many investors who are unsure about how this can be done tend to shy away from this prospect. With a little background knowledge however, anyone can turn silver quarters into a profitable business. A good starting point would be to watch out for coins that will interest avid coin collectors. These are silver quarters that have been minted in Philadelphia, San Francisco and Denver between the years 1932 and 1964. Silver quarters that were made in these cities specifically in the years mentioned, tend to have a 90% purity rating of silver with 10% made up of copper for durability.
Silver quarters are found in the two main varieties as we have mentioned already. These are detailed below together with guidelines of how you can go about trading them.
1.Junk silver coins. These are specifically valued based on their actual silver content and are simply referred to as junk silver quarters because they occur in large number. In fact one needs only to look at the original figures of their manufacture and distribution to see what this means. Among the Washington silver quarters having the year mark of 1964, 1964D, 1962D and 1963D, not one of them has ever had less than 100 million individual coins that were produced in the given years. Also significant are the mints form 1944 and 1942. In fact it is interesting to note that the 1964 silver quarter has had approximately 560 million total coins produced and the 1964D has had even more at 704 million total units. The appeal in these coins is that they can and are often traded in bulk and their prices are generally closely matched to the current spot price of silver as it occurs.
2.Rare silver quarters. Where there are common coins, there are also rare ones that are guaranteed to sell for a much higher price. This is because they catch the attention of avid coin collectors looking to fill the missing spaces in their collection ledgers. Some of the rare ones include 1932D, 1932S, 1937S, 1940D and 1955D releases, not to mention the silver quarters with noticeable mistakes like the 1942 double die obverse and reverse releases. In the case of the first four mints, there were only 436,800, 1.65 million, 2.797 million, and 3.182 million pieces struck; and melting in the intervening years combined with wear on the coins only contribute to their growing rarity. It is these coins that collectors will actively look for and should therefore drive your decision to buy silver quarters that are sure to command good prices when sold. In very modest terms, the 1955D mint will sell for roughly $50 while the 1932D coin will fetch close to $150 in today’s market. In contrast, the silver content of these coins will only merit $6 in the market if their numismatic value and rarity are not factored into the coin’s prices.
Before you rush out and buy silver quarters from silver coin dealers, take special care to do your research beforehand. This will ensure you always know what you are getting into in this market. Overall silver quarters are excellent profit builders and can benefit you just like any solid silver based investment.
This is especially true in an environment where other investment forms have proven themselves weaker by comparison. Buy silver quarters from silver coin dealers with the knowledge of their attributes and you can thereby maximize your investment exponentially.
Learn more about the best way to buy silver quarters. Stop by Atlanta Gold and Coin Buyers’ site where you can find out all about how to earn more as coin collectors in today’s market.
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