Silver is a precious metal that's commonly used in jewelry, coins, and electronics. The material is classified based on its purity. Whether you’re looking to grow your coin collection or sell items to a silver buyer, take some time to learn about the precious material in the guide below. 

What Are Three Main Types of Silver for Collectors

1. Coin Silver - 90%

This variety is composed of 90% pure silver and 10% copper (most of the time.) American coinage (dimes, quarters, half dollars, and dollars) minted prior to 1965 is made of 90% silver. Also, many foreign coins minted prior to 1960 will be coin silver, especially larger coins. Finally, very old silverware and pocket watch cases can be made from coin silver. While 90% coin silver is abundant, be aware there are many other purities in the marketplace.

2.  Sterling

This variety is composed of 92.5% pure silver and 7.5% other metals like copper and nickel. These other metals make the end product more durable; they also create that shiny appearance that makes sterling so popular. 

Although it can tarnish, it’s easy to clean with polishing products. The metal is used in jewelry, tableware, utensils, and some coins. Because of the material's marketability, sterling items are often easy to sell to silver buyers.

3. Fine

Fine silver is as close as you’ll come to pure silver; it contains 99.9% silver and 0.1% trace elements.

Because fine silver is soft and susceptible to scratching and denting, it’s not commonly used in jewelry items that are subject to more wear and tear, like bracelets and rings. However, the material is popular for bullion coinage and bars.

If you’re ready to sell valuable items to a reputable silver buyer, go to Ashmore Rare Coins and Metals in Greensboro, NC. For over 30 years, this company has ensured customers receive the best value for precious metal and diamond products. Whether they’re dealing with coins or jewelry, they prioritize transparency, honesty, and fair prices. Call (336) 617-7537 to discuss the silver products you'd like to sell. Find out more about their precious metal offerings online.