Buying junk silver

I am not sure if buying junk silver is a good idea or a bad idea.  My track record with investments is worse than my gambling record and I fail at gambling.  I have a friend who is pretty savvy with investments, and he says that metals are perfectly set for bubble and then like all bubbles it will pop.  Add that view to hyperinflation and metals do not seem like such a great idea.

But silver, gold, copper and other metals will still be worth what they are worth so as far as keeping value you can not do better than metal.  So here is some info for buying junk silver.

http://www.2-clicks-coins.com/article/junk-silver-coins.html


Determining Junk Silver Prices
If you have a junk silver piece at hand, here’s a quick guide to determine your junk silver coin’s price.

Take note that all silver values are pegged at $10 per ounce of silver. So to determine the actual value, the silver weight is multiplied by the current spot price of silver.

Coin Silver                             Content Silver Weight    Face Value Silver Value
1942-1945     War Nickels                 35%   0.05626 oz. $0.05      $0.56
1916-1945     Mercury Dimes            90%   0.07234 oz.  $0.10      $0.72
1946-1964     Roosevelt Dimes          90%   0.07234 oz   $0.10       $0.72
1932-1964     Washington Quarters   90%   0.18084 oz.   $0.25       $1.81
1916-1947     Walking Liberty Half   90%    0.36169 oz.   $0.50       $3.62
1948-1963     Franklin Half               90%    0.36169 oz.   $0.50       $3.62
1964              Kennedy Half              90%    0.36169 oz.   $0.50       $3.62
1965-1970     Kennedy Half             40%     0.1479 oz      $0.50      $1.48
1878-1921     Morgan Dollar            90%     0.77344 oz.   $1.00      $7.73
1921-1935     Peace Dollar               90%     0.77344 oz.   $1.00      $7.73
1971-1976-S Eisenhower Dollar       40%     0.3161 oz.     $1.00      $3.16

So when the price of silver goes up by ten cents, a bag of 90% junk silver coins will rise by at least $70.