Tag: coins

What Is Considered Junk Silver?

Posted on September 7, 2023 by David's Jewelry and Coin Exchange

Junk silver holds a unique charm and value that has captivated collectors and investors for generations. Its name can be a bit of a misnomer but make no mistake—junk silver can fetch you a pretty penny! So what is considered junk silver, and is it worth collecting? Keep reading to find out!

What Is Considered Junk Silver?

Junk silver refers to coins minted pre-1965 that are worth their content of silver. They were once commonly used in everyday transactions before the transition to base metals like copper and nickel due to rising silver prices.

Junk silver coins include war nickels, dimes, quarters, and half-dollars. The term “junk” simply refers to the fact that these coins generally don’t hold any numismatic value due to their lack of rarity or collector-grade condition. However, they possess intrinsic value thanks to their silver content.

What’s the Difference Between Junk Silver and Bullion?

People collect pure bullion, junk silver, and even junk silver as bullion. The primary, and most significant difference, is that pure bullion is .999 pure and junk silver is .900 pure.

Should You Collect Junk Silver?

One of the most compelling reasons to collect junk silver is because of its intrinsic value. Unlike paper currency, which can be susceptible to inflation and devaluation, junk silver will (almost) always retain its value, and potentially rise in value,because of its silver content. Historically, precious metals have been a way to protect oneself against economic uncertainty and inflation. By holding junk silver, you have a tangible asset that can retain value, and potentially grow in value, even in challenging economic times.

Additionally, junk silver collections can encompass a wide range of coins, each with its own unique characteristics and history. Whether you’re interested in Mercury dimes, Barber quarters, or Kennedy half-dollars, there’s a diverse selection of coins to choose from. This variety allows collectors to curate collections that reflect their personal interests and preferences.

Start Your Junk Silver Collection at David’s Jewelry & Coin Exchange

If you’re looking to start a junk silver collection, we’re here to help! Buying and selling coins and bullion is our passion, and with over 30 years of coin broker experience, we’ve come to learn a lot about it. Give us a call or stop by to get in touch today!

National Coin Week: What It Means to David’s Jewelry & Coin Exchange

Posted on April 7, 2022 by David's Jewelry and Coin Exchange

national coin week

It’s no secret that, around here, we love numismatics (collecting coins and paper currency). That’s why we’re so excited about National Coin Week! If you’re a numismatist like us, keep reading for some fun ways you can celebrate this historic hobby all week long.

Ways to Celebrate National Coin Week

Brush up on your history.

The collection of coins and paper money has a rich history, starting with when the first coin was minted between 652-615 BC by King Ardys of Lydia. They were made from the naturally occurring alloy electrum.

Numismatics is also referred to as the “Hobby of Kings” because of the esteemed reputation of the first collectors. In 1836, members of other professional societies founded the Royal Numismatic Society. They immediately began publishing what is now known as the Numismatic Chronicle.

The first National Coin Week was February 9-12, 1924. The American Numismatic Association hosted it as a way to spread the word about numismatics and increase membership for the club. Later on, they moved the week of observance to the third week of April, and it has remained there ever since.

Visit your local coin shop.

We love talking coins with other enthusiastic numismatists! Whether you’re an experienced collector or just getting started, we would love to help you. There’s nothing quite like finding the last coin to finalize a collection or making the first purchase to begin a new one.

With over 25 years of experience, we’re experts at completing sets and locating specific years and types of coins. We have a large selection of coins to choose from, including Morgan Silver Dollars, Peace Silver Dollars, Half-Dollars, Buffalo Nickels, mint sets, proof sets, and more.

But it doesn’t stop there. We proudly offer a full range of paper currency, including national notes, silver certificates, and confederate notes. We love to meet new collectors and turn them into lifelong customers with our ever-changing inventory.

Research the latest rare coin discoveries.

We love reading up on the latest rare coin discovery! How people find some coins and how much they’re worth will surprise you. Like the man in the U.K. who, after a decade, returned to his hobby of being a metal detectorist and discovered a gold Henry III coin minted in 1257. It later sold for the equivalent of $740K! Or the rare 1652 silver shilling found in a candy tin and sold at auction for $351K.

Want to talk more about numismatics or have questions about a coin you’re just not sure about? Stop by! We’d love to chat, give you an appraisal, and celebrate National Coin Week with you!

Decluttering Your Jewelry Box: How We Can Help with Your Spring Cleaning

Posted on March 3, 2022 by David's Jewelry and Coin Exchange

Now that you’ve had time to settle into the New Year, it’s time to declutter and make room for the new things that 2022 will bring. It’s the time for spring cleaning, and there’s no telling what you might find hiding in the back of your closet, corner of your attic, junk drawers, or in those boxes in your garage. And here’s a pro tip: add a “Sell” pile to your “Keep,” “Trash,” and “Give Away” baskets. As you get into the spirit of the season, decluttering your jewelry box and other places can also allow you to cash in in the process!

Decluttering Your Jewelry Box this Spring

When decluttering your jewelry box, you’d be surprised what you can get back when you sell your preloved items. You could be sitting on extra cash for a date night, new shoes, a tank of gas, and more. One person’s old or unused jewelry, coins, and valuables are our treasure! So, bring in your stuff, and let us take a look to see what we can offer you back in cash or check the same day.

And if you’re thinking you can’t bring in a piece of jewelry to sell because it needs a little TLC, think again! We buy used and broken jewelry as well as the new stuff. Come in and allow us to value your haul—a handsome payday might be in your future!

Coins & Collections

You don’t have to have an entire coin collection to make a visit worth your while. A single coin can get you a worthwhile offer. It’s well worth it to have our experts evaluate the worth of any coins you may be unsure of.

We Take Sterling Silver Flatware & Hollowware

A particular relic of the past that usually holds a lot of sentimental value—but doesn’t get a lot of use—is sterling silver flatware and hollowware. These are the pieces in the wood case that may be a family heirloom or inheritance. If you have both flatware—forks, knives, spoons—and hollowware—coffee pots, tea kettles, platters—they can take up a good bit of space.

If you can tolerate parting ways with yours, we’d love to take a look at it and see what we can offer you. We determine value based on the weight of the items that are sterling silver. Take a look at this video to help you determine if your flatware and hollowware is real silver.

10 Minutes or Less

One of the best parts about working with us is that we don’t just value your valuables, we value your time too! Our evaluation and offer process usually takes 10 minutes or less, depending on the size of your haul. There’s no reason not to head our way after decluttering your jewelry box, junk drawers, and more!

We love meeting new people and helping long-time customers, alike, so stop by and show us what you’ve found. We’re conveniently located on University Drive in College Station!