The value of a silver bullion coin is normally dependent on the price of silver. Precious-metal prices change every day so any specific answer posted here becomes out of date almost immediately. While it's not Answers.com policy to say "use the internet", that's the best approach in this case. You can check a site such as kitco.com, CNNMoney, etc. for the latest spot prices.
Below is a link to find the value of silver per ounce.
I have one of these coins. Just wanting to know the value.
The intrinsic value is $14.16 with silver at $18.31 per ounce
It varies depending on the rate of silver value. There is little to no collector value, so it is worth the bullion value of one ounce of silver.
Current value is $27.33 per ounce.
The intrinsic value is $14.16 with silver at $18.31 per ounce. With silver at $47/oz, the silver value is $36.36.!!
As of 2-14-10 silver is $15.51 per ounce so that's the value of the coin.
As of 1-1-11 the spot price of silver is $30.91 per ounce.
It isn't an error, it is a privately minted round. It isn't legal tender and the actual design gives it no value. What does give it value however, is the 1 troy ounce of silver in it, at the time of writing silver was around $28.69 an ounce, so that is what your silver round is worth. Keep in mind that silver prices are very volatile and increase or decrease daily.
One ounce of silver is about $32.00 at present. Most people will only want it for its silver value.
current silver troy ounce value
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