Silver Melt Value of Coins

Current Intrinsic Metal Value of U.S. Silver Coins

Circulated Silver Coins.
Circulated Silver Coins Worth Not Much More Than Bullion Value. Image Copyright: © 2016 James Bucki; All rights reserved.

This page lists the current intrinsic or melt value of common U.S. silver coins.  This is not a listing of how much it costs the U.S. Mint to make these coins, but rather a measurement of value based solely upon the metal content of the coin.  

Why is The Melt Value of a Coin Important?

This is useful information when trying to determine a coin's value. There are many factors that influence the value of coins and this is just one aspect of it.

For example, if the price of silver rises to the point where it exceeds the face value of the coin, people remove them from commerce because they are worth more for their metal value than their face value. When the metal value of the coin exceeds the collector value, then the coin will be sold for its bullion value instead of its numismatic value.

This page is not a legal endorsement of melting or defacing coins but serves to provide you with information on a coin's intrinsic metal value.

How to Sell Your Scrap Silver Coins

The chart below will give you an approximate value of the silver content contained in United States coins. But, depending upon where you sell your coins, you will probably get a little less than the prices stated below. Most United States coins were made from 90% silver and 10% copper. In order for the refiner to retrieve the silver content from the coins, the coins must be melted and refined.

This adds to the cost of retrieving the silver from the coins.

There are many jewelry stores and miscellaneous shops that will buy your old gold and silver coins. In order for the proprietor to recuperate the cost of operating his store, he will charge a percentage for buying your coins that will be melted.You can expect anywhere from 10% to 20% reduction in the cost below when you go to sell your coins.

Many businesses that will buy your coins will pay a multiplier of face value when you go to sell them. For example, they may be paying 12.14 times face value for the coins you bring in. In other words, if you bring in $100 worth of 90% silver United States coins, they will pay you $1,214 ($100 x 12.14) for your coins. This includes the discount price for refining the coins in order to retrieve the silver.

Melt Values of U.S. Silver Coins

Current Price of Silver:  $16.98 USD per Troy Ounce (t oz.)
 

Coin DescriptionWeightASWMelt Value
Jefferson Nickel,
Wartime Silver Alloy
(1942-1945)
35% Silver
5.00 g.0.0563 t oz.$0.96
Barber Dime
(1892-1916)
90% Silver
2.50 g.0.0723 t oz.$1.23
Mercury Dime
(1916-1945)
90% Silver
2.50 g.0.0723 t oz.$1.23
Roosevelt Dime
(1946-1964)
90% Silver
2.50 g.0.0723 t oz.$1.23
Barber Quarter
(1892-1916)
90% Silver
6.25 g.0.1808 t oz.$3.07
Standing Liberty Quarter
(1916-1930)
90% Silver
6.25 g.0.1808 t oz.$3.07
Washington Quarter
(1932-1964)
90% Silver
6.25 g.0.1808 t oz.$3.07
Barber Half Dollar
(1892-1915)
90% Silver
12.50 g.0.3617 t oz.$6.14
Walking Liberty Half Dollar
(1916-1947)
90% Silver
12.50 g.0.3617 t oz.$6.14
Franklin Half Dollar
(1948-1963)
90% Silver
12.50 g.0.3617 t oz.$6.14
Kennedy Half Dollar
(1964)
90% Silver
12.50 g.0.3617 t oz.$6.14
Kennedy Half Dollar
(1965-1970)
40% Silver
11.50 g.0.1479 t oz.$2.51
Morgan Silver Dollar
(1878-1921)
90% Silver
26.73 g.0.7734 t oz.$13.13
Peace Silver Dollar
(1921-1935)
90% Silver
26.73 g.0.7734 t oz.$13.13
Eisenhower Silver Dollar
(1971-1978)
40% Silver
24.59 g.0.3161 t oz.$5.37
American Silver Eagle $1
(1986-Date)
99.93% Silver
31.10 g.1.0000 t oz.$16.98
America the Beautiful
5 Ounce Silver
(2010-Date)
99.93% Silver
155.55 g.5.0000 t oz.$84.90