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Because silver prices change regularly any specific posted here would be out of date almost immediately. The best way to calculate it would be to check the current spot price of silver (kitco.com, CNNMoney, etc.) and multiply by 0.77

That's the retail value, of course. A jeweler or coin dealer will pay wholesale, maybe 60% of that, and one of those "We Buy Gold!!!!!" places will pay even less - perhaps 40% if you're lucky.

Remember that any old coin should be checked for its value as a collectible which may be higher than its melt value.

August 15, 2009

The melt value of a Morgan Dollar today is $11.36.

As of today about $13.00

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