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Tools

Melt Value Calculator

SILVER, COPPER AND NICKEL COINS AT LIVE SPOT

Silver $60.52 / oz
Reference prices, not live

Melt value is the value of the metal in the coin at the spot price. It is not what a dealer will pay, and it ignores any collector premium.

Melt value
$4.38
Reference prices, not live
Per coin
—
Pure silver
—
Face value
—
Melt as a multiple of face
—
One coin of each

Melt value per coin


CoinMetal contentMelt value
Dime, 90% silver0.0723 oz Ag$4.38
Quarter, 90% silver0.1808 oz Ag$10.94
Half dollar, 90% silver0.3617 oz Ag$21.89
Dollar, 90% silver0.7735 oz Ag$46.81
Kennedy half, 40% silver0.1479 oz Ag$8.95
Eisenhower dollar, 40% silver0.3162 oz Ag$19.14
War nickel, 35% silver0.0563 oz Ag$3.41
American Silver Eagle1.0000 oz Ag$60.52
Lincoln wheat cent, bronze2.95 g Cu$0.04
Lincoln cent, 95% copper2.95 g Cu$0.04
Buffalo nickel, 75% copper 25% nickel3.75 g Cu + 1.25 g Ni$0.07
Questions

Melt value, explained


How do I calculate the melt value of a silver coin?

Multiply the coin's weight in grams by its silver purity (0.9 for 90% silver), divide by 31.1035 to get troy ounces of pure silver, then multiply by the current silver spot price per troy ounce.

How much silver is in a dollar of 90% silver coins?

A face value of $1 in pre-1965 dimes, quarters or half dollars contains about 0.7234 troy ounces of pure silver. Morgan and Peace dollars hold 0.7734 troy ounces each.

Is melt value what a dealer will pay?

Not exactly. Dealers buy below spot to cover their costs and resale margin, and sell above it. Melt value is the value of the metal, not an offer.

Do Kennedy halves contain silver?

The 1964 Kennedy half is 90% silver (0.3617 troy ounces). Halves from 1965 to 1970 are 40% silver (0.1479 troy ounces). Halves from 1971 on, apart from special collector issues, contain no silver.

Look up a specific year and mint