Silver Melt Value Calculator
Calculate the true silver value of any coin instantly. Enter your coin type, quantity, and current spot price to discover what your silver is really worth - not what the banks want you to think.
Melt Value Calculator
Calculate the silver content value of your coins
90% silver, 0.7734 oz per coin
Check Kitco or APMEX for current spot prices
Results
Total Melt Value
$19.34
Note: Actual selling prices are typically 5-15% above melt value for common coins. Key dates and high-grade specimens can command much higher premiums.
Quick Reference: Silver Content by Coin
| Coin Type | Silver Content | Purity | Melt @ $25/oz |
|---|---|---|---|
| Morgan Dollar (1878-1921) | 0.7734 oz | 90% | $19.34 |
| Peace Dollar (1921-1935) | 0.7734 oz | 90% | $19.34 |
| Walking Liberty Half (1916-1947) | 0.3617 oz | 90% | $9.04 |
| Franklin Half (1948-1963) | 0.3617 oz | 90% | $9.04 |
| Kennedy Half 1964 (90%) | 0.3617 oz | 90% | $9.04 |
| Kennedy Half 1965-1970 (40%) | 0.1479 oz | 40% | $3.70 |
| Washington Quarter (1932-1964) | 0.1808 oz | 90% | $4.52 |
| Standing Liberty Quarter (1916-1930) | 0.1808 oz | 90% | $4.52 |
| Barber Quarter (1892-1916) | 0.1808 oz | 90% | $4.52 |
| Roosevelt Dime (1946-1964) | 0.0723 oz | 90% | $1.81 |
| Mercury Dime (1916-1945) | 0.0723 oz | 90% | $1.81 |
| Barber Dime (1892-1916) | 0.0723 oz | 90% | $1.81 |
| War Nickel (1942-1945) | 0.0563 oz | 35% | $1.41 |
How Melt Value Is Calculated
Silver Content
Each coin has a specific amount of pure silver. A Morgan dollar contains 0.7734 oz, while a dime contains 0.0723 oz.
Spot Price
The spot price is the current market price for one troy ounce of silver. It fluctuates based on supply, demand, and economic factors.
The Formula
Melt Value = Silver Content x Spot Price x Quantity. This gives you the intrinsic metal value of your coins.
Pro Tip: For 90% silver coins, you can also use this shortcut: Face Value x 0.7234 x Spot Price. This works because all 90% silver coins contain the same silver-to-face-value ratio.
Frequently Asked Questions
How do I calculate silver melt value?
To calculate silver melt value, multiply the coin's silver content (in troy ounces) by the current spot price of silver. For example, a Morgan dollar contains 0.7734 oz of silver. At $25/oz, the melt value is $25 x 0.7734 = $19.34. For 90% silver coins, you can also use the formula: Face Value x 0.7234 x Spot Price.
What is the current melt value of silver coins?
Silver melt values fluctuate with the spot price of silver. At $25/oz silver: a Morgan/Peace dollar is worth ~$19.34, a half dollar ~$9.04, a quarter ~$4.52, and a dime ~$1.81. War nickels (35% silver) are worth ~$1.41. Use our calculator above with the current spot price for accurate values.
Do silver coins sell for more than melt value?
Yes, most silver coins sell for premiums above melt value. Common circulated coins typically sell for 5-15% over melt. Key dates, rare varieties, and high-grade specimens can sell for significantly more based on numismatic value. During periods of high demand, even common coins can command 20%+ premiums.
Where can I check the current silver spot price?
The silver spot price is available from financial websites like Kitco, APMEX, JM Bullion, and major financial news sites. The spot price updates during market hours (Sunday 6pm - Friday 5pm ET). Our calculator uses a default price you can adjust to match current market rates.
Why is melt value important for silver coins?
Melt value represents the floor value of any silver coin - the intrinsic worth of its metal content. For common date coins without numismatic premiums, melt value is the primary determinant of market price. Understanding melt value helps you avoid overpaying for common coins and recognize when key dates offer value beyond their silver content.
Now You Know the Value - What's Next?
Understanding silver melt values is the first step to building real wealth. Augusta Precious Metals can help you add IRA-eligible silver and gold to your retirement account. Get a free consultation and learn how precious metals can protect your future.