Silver melt value calculator
Work out what any junk silver coin, bullion coin, bar or round is actually worth by weight. Pick the coin, set the spot price, get the melt value.
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How melt value works
A coin's melt value is the market value of the silver in it, and nothing else — no numismatic premium, no dealer margin. It's the weight of pure silver in the coin multiplied by the current spot price per troy ounce.
A 1964 Washington quarter, for example, is 90% silver and holds 0.18084 troy oz of pure silver. Multiply that by the day's spot price and you have what the coin is worth as metal, whatever its face value says — the calculator above does exactly that, at the price showing right now. Pre-1965 US dimes, quarters and halves are all struck to the same standard, which is why a dollar of face value in any mix comes to about 0.715 troy oz — the number this site is named after.
Worn coins carry slightly less. Circulated 90% silver is usually reckoned at about 0.715 oz per dollar of face against roughly 0.7234 oz for uncirculated, a difference of a bit over 1%.