Users' questions

How do I find out how much my silver coins are worth?

How do I find out how much my silver coins are worth?

To determine the coin’s actual silver value, multiply the ASW by the spot price for silver. If you need to calculate the ASW of a coin, take the weight in grams, multiply by the fineness of the coin (e.g. 90%) and divide this figure by the total number of grams in a troy ounce (31.1034768).

How much is a 90% silver coin worth?

Junk Silver Dime Prices

Silver Price Per Ounce 90% Silver Dime Value
$16 $1.16
$18 $1.30
$20 $1.45
$22 $1.59

What are 1.00 silver coins worth?

Any combination of 90% US junk silver coins which have a face value of $1.00 contains 0.715 troy ounces of 99.9% silver….90% Silver Coins ($1 Face Value, . 715 troy ounce of fine silver)

Mint / Brand US Mint
Denomination Various

How much should I pay for junk silver coins?

If the spot price of silver is $15 an ounce, $1 dollar face value of silver dimes would contain about $10.73 worth of silver ($15 X . 715= $10.725). Dealers will generally price their junk silver at the spot price of silver plus a fluctuating premium of say $1.00- $1.50 an ounce.

What is the best way to sell silver coins?

8 Options to Sell Your Silver

  1. Local Coin Dealers. Local coin dealers are the way to go if you live near one.
  2. Pawn Shops.
  3. Coin Shows.
  4. Online Dealers.
  5. Ebay & Auctions.
  6. Forums.
  7. Smelters & Refiners.
  8. ‘Cash for Gold / Silver’ Mail-in System.

How much is a $10 silver coin worth?

The $10 Face Value 90% Silver Coins coin contains 7.15 troy ounces of silver bullion. The melt value of one $10 Face Value 90% Silver Coins coin is $177.32 based on the current silver spot price.

Are any US coins 100% silver?

As customers may know, the U.S. Mint began to decrease the amount of silver in coins from 90% to 40% in 1965. Today, of course, no pure silver is used in circulated coins.

Is it worth melting down silver coins?

It is legal to melt silver or gold coins in the US. The reason behind this decision is most likely to do with there not being any silver or gold coins in circulation. Therefore melting them would have no effect on day-to-day transactions. It is however, illegal to melt pennies and nickels in the United States.

What year silver coins are worth money?

Here’s a list of just a few of the most valuable silver coins: Silver 3 Cent Coin (1851-1873) — $20 and up. Flowing Hair Half Dimes (1794-1795) — $1,250 and up. Draped Bust Half Dimes (1796-1805) — $1,000 and up.

How much is a 1964 silver dime worth today?

CoinTrackers.com has estimated the 1964 Roosevelt Dime value at an average of $3.00, one in certified mint state (MS+) could be worth $10.

What is a fair price for silver?

Today’s Silver price is

Silver Spot Price Spot Change
Silver Price per Ounce $24.81 0.12%
Silver Price per Gram $0.80 0.12%
Silver Price per Kilo $797.66 0.12%

How do you calculate the value of silver coins?

How to calculate the current intrinsic value of a silver coin. The intrinsic value (also known as melt value) of a silver coin can be determined by multiplying the ASW (actual silver weight) for the coin times the current spot price of silver.

What is the face value of silver coins?

Any combination of 90-percent silver U.S. coins which have a face value of US$1.00 contains 0.715 troy ounces of 99.9-percent silver (0.7234 troy ounces if uncirculated), except for the silver dollars (Morgan and Peace) which contain .7736 troy ounces of silver.

How do you calculate the value of silver?

Check the Calculator Instructions if you need help. To calculate the value of silver in a coin, multiply the silver weight in troy ounces (not the coin weight) by the silver spot price. For example, A junk silver quarter has a silver content of 0.1808 troy oz. If the silver spot price is $10/troy oz then the quarter’s value is $10 * 0.1808 = $1.81.

What is the value of a pre 1965 US Silver Dollar?

The coins are worth that many times their face value. Currently, silver is $18.52/troy ounce. That comes out to about 13.23 times face vvalue. So a pre-1965 dime is worth about $1.32, and a pre-1965 quarter is worth about $3.30.