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AnswerThe first year for U.S. Mint Silver Eagle coins was 1986 -- what you have is a privately minted silver round. It's worth whatever the current price of one ounce of silver is -- right now that's about $9.00

Click the Related Link to check current silver & gold prices.

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Liberty Lobby is a 1 oz silver round containing .999 silver at 31.1 grams;

$ 9.37 is the "current price" as supplied by numerous websites devoted to metal spot market as of 10-25-08;

But you will find absolutely no one on the planet that will sell at this "current value " ; The dynamics that create value by sales transactions / mutual agreement / supply and demand put the "Value" at a much higher figure. In fact, you will find a 50-80% mark-up premium for silver in most forms; for example, Check the web sites like Goldline; Kitco; even the U.S. Mint and compare the cost to obtain 1 oz. of silver.

If knowledgable buyers are willing and able and agree to these websites purchase prices then this would be a telltale indicator of value in contrast to the market price.

(almost all of the 1 oz. silver sales on eBay are above $17.00 for this past week as the current market prices says otherwise)

This "Current Price" of $9.37 seems out of touch for the moment - hang on to what you have and wait to see how the market changes during the next couple of months.

It would be logical to say the "worth" is comparable to the sales prices going on all around us between buyers and sellers;

Call your local coin shop and ask them "how much are your 1 oz. silver rounds" ? if they say "$ 9.00 "call me - I'll take all they have.......

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13y ago

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