Sovcit trying to pay their mortgage.

https://lemmy.world/post/22385041

Sovcit trying to pay their mortgage. - Lemmy.World

Lemmy

a quarter is made of .9 oz of silver?
No, what the sovcit attached is called a bullion coin. They usually have a nominal value, so they are official legal tender and you can pay with them in a store, but their actual worth is basically the price of the precious metal they are minted from (+collector’s value for some coins) which is usually much higher. 0.9 troy ounces of pure silver are around $28.

That’s not a bullion coin, it’s just a pre-64 quarter. It’s about $20 in silver, depending on spot price.

I collect coins, not silver, and these are not special in any way. I sell them for melt value to buy better coins.