How To Calculate Value Of Junk Silver Coins
Jul 18 2017 Here are two examples that calculate the value of junk silver using715 ounces of silver per each dollar of face value. Silver Spot Price x057 Melt Value Group together your dimes quarters and half dollars dated 1964 and earlier.
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1942-1945 War Nickel 1892-1916 Barber Dime 1916-1945 Mercury Dime 1946-1964 Roosevelt Dime 1892-1916 Barber Quarter 1916-1930 Standing Liberty Quarter 1932-1964.
How to calculate value of junk silver coins. So using the current spot price of silver see silver price chart we can calculate the approximate value of the silver content of the coins. Multiplying your collections weight by the current price of silver will yield the total value of your junk silver. These are melt prices for uncirculated coins and do not take in to account coin wear or numismatic value.
Eisenhower dollars minted from 1971-1973 are 40 silver. Enter the face value of bag of coins a roll of coins or even an individual coin into the silver coin calculator to get the total melt value. Or get the current prices for junk silver bags.
The current silver spot. Half dollars minted from 1965-1970 are 40 silver. If the spot price of silver is 15 an ounce 1 dollar face value of silver dimes would contain about 1073 worth of silver 15 X715 10725.
Simply multiply715 x spot price of silver x face value of the coins. Oct 22 2011 Multiply your collections silver weight by the current spot price. Dimes Quarters Half Dollars only.
Keep in mind that the other 10 of these coins is composed of copper which is also an expensive metal if relatively cheap compared to silver. Quick beginners guide on how to calculate the premium on Junk Silver. Apr 02 2021 Calculate coin metal values based on the current silver price.
90 and divide this figure by the total number of grams in a troy ounce 311034768. The 10 copper content of the coins is usually ignored since the value is so small. For example if you have 715 troy ounces of silver and the current spot price is 32 dollars then your junk silver is worth 715 32 or 2288.
When 100 Equals 2000. 18 rows Use the US Silver Coin Melt Value Calculator below to determine what the value of. Dime - Barber 1892-1916 010.
For example A junk silver quarter has a silver content of 01808 troy oz. The total silver value is calculated based on the currency amount shown in the Silver Price text box. Dimes quarters half dollars and dollar coins minted before 1965 are 90 silver.
Dime - Mercury 1916-1945 010. Dollar amount specified in the Silver Price text box. If the silver spot price is 10troy oz then the quarters value is 10 01808 181.
Apr 03 2021 Our silver coin calculator will calculate the melt value of US junk silver coins. Multiplying your collections weight by the current price of silver will yield the total value of your junk silver. For example if you have 715 troy ounces of silver and the current spot price is 32 dollars then your junk silver is worth 715 32 or 2288.
If you need to calculate the ASW of a coin take the weight in grams multiply by the fineness of the coin eg. Quick beginners guide on how to calculate the premium on Junk Silver. At a silver spot price of 20 a pre-1965 silver quarter is worth about 360.
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. Nickels minted from 1942-1945 are 35 silver. If you have 100 in silver quarters enter 4.
To determine the coins actual silver value multiply the ASW by the spot price for silver. You could also use one of the other major world currencies available in the drop-down menu located underneath the prices. Multiply your collections silver weight by the current spot price.
Price per troy ounce. Feb 24 2014 09 x 400 360. All of these coins are composed of 90 percent silver and 10 percent copper.
Its based off of a 90 silver per coin esitmation and the current spot price of silver 2492 As a quick rule of thumb if a coin was produced before 1965 it is 90 silver. Coin Face Value Silver Silver Content Silver Value Multiplier. The calculation to obtain the current melt value of silver war nickels is as follows.
The Total Silver Value is calculated based on the US. The silver coin value calculator will automatically update the Total Silver Value in red whenever a change is made to the number of silver coins. You can select the millesimal fineness of silver from the drop-down list or just enter a numerical value in the silver purity text box.
Remember to enter number of coins not face value.
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