![]() ![]() A spot price for silver is the price for a troy ounce of silver which is 99.9-percent pure, or 999 fine. Precious metals including silver are measured in troy ounces (ozt). The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins junk silver is not necessarily scrap silver. Such coins are popular among people seeking to invest in silver, particularly in small amounts. Junk silver is an informal term used in the United States, United Kingdom, Canada and Australia for any silver coin that is in fair or cull condition and has no numismatic or collectible value above the bullion value of the silver it contains. From top left: Silver dimes in paper 2 x 2 holders, a roll of dimes and a mixed-loose lot of half dollars, quarters, dimes and "wartime" nickels. ![]() Junk silver in the form of Pre-1965 US Coinage.
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