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Silver prices fluctuate daily. At present (May 31, 2012), silver coin values are as follows. Pre-1965 dimes: $2. Pre-'65 quarters: $5. Pre-'65 half dollars: $10. 1965-70 half dollars: $4. Silver dollars 1935 and earlier: $21.50. WWII-era silver nickels: $1.60.

These are strictly melt values for the metal content and don't take into account collector value for dates or condition. For up-to-date prices, consult Coinflation.com.

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11y ago
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11y ago

Silver Coins Value


Silver coins value depends on the investor or the collector. For the silver coins value the rarity, grade, and demand of the coin give its value. But for an investor, a silver coins value depends on supply, content, grade, and demand; or, simply put, an investor wants to know how many coins were minted and how many are left, the percentage of silver, the quality of the coin, and the popularity of the silver coins value.


Obviously, the investor is looking at some of the same factors as the silver coins value as a collector, but the collector usually doesn't use the silver content as a measure of value. To the collector, grade and rarity are much more important than any other factor. The collector will be buying the coin for her collection, not necessarily for profit's sake--like the investor will for the silver coins value.


For the investor, the amount of substitutes increase the value of the coin. That's why the investor cares about the silver content more than the rarity. The silver content means, if the investor wanted, the coin could be melted down and have the silver cast into a new form of silver. For this example, a 1,000 ounce silver bar could be created from the coins. The coins have a different use, a substitute, showing the investor a second measure of the silver coins value.


However, regardless of investor or collector, valuing a silver coin can be simplified to four factors: rarity, grade, supply, demand, and content.


With rarity giving coins huge price tags, many investors can be confused by believing rarity automatically means value. And speaking as an investor, rarity does not mean value. However, highly sophisticated investors will find value within rare coins. So, unless your a highly skilled investor, rare coins should be viewed solely as a collector's item. Not an investment.


But in-defense of the collector, rare coins do fetch the highest prices. Indeed, these high prices are due to the limited number of coins: limited from the original minting or limited in circulation. For example both are rare coins a Quarter originally minted only 100, and a Dime originally minted thousands yet only 100 remain. These coins are rare because of the supply; they're rare because of a limited number on the market and will fetch higher prices of the silver coins value.


Similar to rarity, grade also determines the value of silver coins because high quality coins are far fewer than plain junk silver coins. Unlike junk silver, higher graded coins represent coins with higher quality. As junk silver is for investors, high graded coins are for collectors. Basically, collectors are looking for rare coins, and highly graded coins are rare.


Think of graded coins a subcategory of rare coins. Or think about a rare coin, then think about the same rare coin but with a scratch. Each coin is rare, but the first coin is much more rare without the scratch. The scratch would grade the coin lower, thus less rare. As such, the closer the coin is to un-circulated the higher grade the coin will have. Higher grade means rare means collectors will bid up the price.


Switching gears to demand, even coins face popularity contests, (at least its not as pointless as class president). More for collectors, popularity contests for coins stem from a historical significance, or ascetic beauty. Certain coins are demanded because of a special place in history, or because a coin has a beautiful design.


Now that we've covered most of a collector's valuation, we'll dive into what else an investor uses to value or silver coins. An investor will use rarity, grading and demand to determine value, but far more important is the silver content of the coins. Certain coins will have a certain percentage of silver the coin is made of.


For example the American Silver Eagle is 99.9% silver, while the 1964 Washington Quarter is 90% silver. Obviously, the silver eagle is more valuable to the investor than the quarter.


Which brings us to the conclusion, investors and collectors have different goals. Profit and a collection. And these goals give each person different factors for determining the silver coins value.

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12y ago

The best answer, with no dates or denominations in your question is: 90% silver coins are currently worth about 18X face value. Collectible values are not possible without more info.

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Q: What is the silver value of a 1oz silver coin?
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