What is the value of a 1985 1 oz silver coin?

Answer 1

At very least, a silver coin will always be worth scrap value. So check the value of silver against the weight of the coin. It is likely a collector will pay more than the scrap value of the coin, even if not by much. Since the coin is not particularly old I would estimate as of March 2008 the coin to be worth around £10.

Answer 2

Different companies made these different ways. Some were 12 Troy ounces, some were 16 Troy ounces, and some were 16 averdupois ounces.

You need to weigh yours in grams and divide by 31.1 to get Troy ounces.

Then multiply by the current silver spot price to get total value.

Current silver spot price can be monitored by following the Kitco link in the related links section.

Answer 3

It is worth whatever silver price is (it changes day to day and even minute by minute) with a small premium if you are buying it (add $1 or $2 to the silver price) at the time of writing, it would be worth about $28 or so, but naturally will increase and decrease in price as silver does.

Answer 4

Its value will be only for the ounce of silver it contains -- currently about $17.00

See the related links for a link to Kitco, where you can monitor current silver spot prices.

Answer 5

the value is what one ounce silver closed at today 19.79 per ounce

Answer 6

It's one ounce not one pound. They are worth around $24.

Answer 7

That's a one ounce silver round. At present (7 July 2012), silver is worth $27.06/ounce.