"Junk Silver" is a term that refers to coins that have bullion value as opposed to numismatic value. Bullion value, in this case, is the value of silver in the coin. Coins that fall under the "junk silver" category can include the following: Morgan Dollar, Peace Dollar, Barber Half Dollar, Walking Liberty Half Dollar, Franklin Dollar, Kennedy Half Dollar, Seated Liberty Dime, Barber Quarter, and more.
The Morgan Silver Dollar was a United States dollar coin minted from 1878 to 1904 and again in 1921. There were millions of morgan silver dollars minted at several mints around the country. It quickly became one of the most popular coins thanks to its design.
Are you new to the world of numismatics? According to the Merriam-Webster Dictionary, numismatics is “the study or act of collecting of coins, paper money, and medals.” If you are new to the numismatic community, you may be wondering what the difference is between numismatic coins and bullion coins. Numismatic coins are rare and collectible. Bullion coins are valued for their melt value in silver, gold, and other precious metals.
There have been many famous numismatists, or coin collectors, throughout history. From kings to businessmen, coin collecting has a rich history...these coin collectors include Francesco Petrarch, King Louis XIV of France, King Farouk of Egypt, King Emmanuel of Italy, John Quincy Adams, Franklin D. Roosevelt, John J. Ford, Wayne Gretzky, Eric Newman, and many others.
John Mercanti is a designer and sculptor who designed the reverse side of the coin. He served as the Chief Engraver of the United States Mint for 37 years until he retired in 2010. The well-known and famous engraver had designed hundreds of coins and medals during his time as Chief Engraver. His designs include the Congress Bicentennial Gold Coin (1989) – obverse side, Pennsylvania State Quarter (1999) – reverse side, Iowa State Quarter (2004) – reverse side, and many others. He left a lasting impact on the way coins are engraved in the modern day; he was one the first to use computer and art software to design coins.