5 Ounce Silver Quarters…?

So you’re looking for 5 ounce silver quarters? Hhmmm…If you are new to the silver market perhaps you mean 5 ounce silver coins of some type.

 

American silver quarters from 1964 and earlier are quite valuable these days because of the fact that they are 90% silver and 10% copper in composition however the certainly are not 5 ounce coins.

 

You can however get 5 ounce silver coins and bars and that could be what you are looking for.

 

BTW, there is good reason to be interested in silver coins and bars these days. If you are looking to buy some silver chances are good that you don’t think much of the numbers put out by government connected entities saying that the inflation rate is a low 2 percent or so.

 

Most of us actually live in the real world and can tell that the value of the dollar is falling rather rapidly due to the slightly more rapid creation of new dollars in digital and paper form.

 

Buying silver allows us to take advantage of a traditional type of money that holds value relative to goods and services and can give us a little shield to protect our savings from attacks by the Federal Reserve money printers.

 

You can buy silver in either the form of silver quarters -like we talk about there on Silver Quarters Central- or you can go with more newly minted forms of silver in larger sizes. One ounce bars and rounds are quite common but you can also get 5, 10, 100 and 1000 ounce size bars as well. 5 ounce coins are a bit rare but they do exist and it is a handy medium size if you want something larger than an ounce and smaller than 10 ounces.

 

You can check your local coin shop for 5 ounce silver coins or bars but you may do better by shopping online at retailers such as Scottsdale Silver (in Arizona naturally enough) and Kitco.

 

eBay is also an excellent resource for finding all types of precious metals in various sizes. Keep in mind if you are interested in buying gold as well that the best way to buy gold at a good price is typically to get larger 1 ounce coins since the tenth, quarter and half ounce versions typically have a larger premium over the spot price built in. No need to spend more than is necessary.

 

So hopefully you aren’t too disappointed that the United States Mint didn’t produce 5 ounce silver quarters. As I said the regular quarters made before 1964 are an excellent way to accumulate silver so don’t overlook those.

 

Whatever type of silver you decide to go with I hope it’s interesting, enjoyable and helps protect your savings for years to come.

Comments are closed.