Wednesday, March 17, 2010

How to Work Out the Price of Junk Silver Coins

The term Junk Silver Coins often refers to old US coins such as morgan silver dollars, Kennedy half dollars, mercury dimes and so on. They are an excellent way to invest in silver but are a bit tricky when working out the exact values because they have weird amounts of silver in them. This article will help waork out the value


Go to www.in-gold-we-trust.info to get the most current price of silver
Step
2
Organise your coins according to type - dimes , quarters , half dollars and dollars. Remember only coins minted before 1969 contain silver. Then sort the coins further as to the type of dime, quarter etc they are. For example different dimes have different amounts of silver in them. This info should help.

Seated Liberty Dime 1837-1852
Seated Liberty Dime 1853-1873
Seated Liberty Dime 1873-1891
Barber Dime 1892-1916
Mercury Dime 1916 to 1945
Roosevelt Dime 1946-1964
Barber Quarters 1892-1916
Standing Liberty Quarters 1916-1930
Washington Quarters 1932-1964
Barber Half Dollar 1892-1915
Walking Liberty Half 1916-1947
Franklin Half Dollar 1948-1963
Kennedy Half Dollar 1964

Kennedy Half Dollar 1965-1969
Trade Dollar 1873-1885
Morgan Dollar 1878-1921
Peace Dollar 1921-1935
Step
3
Then take the current price of silver and multiply it by the silver content of each of your coins. Use the info below for silver content

Seated Liberty 1837-1852 0.07726
Seated Liberty 1853-1873 0.07205
Seated Liberty 1873-1891 0.07234
Barber Dime 1892-1916 0.07234
Mercury Dime 1916 to 1945 0.07234
Roosevelt Dime 1946-1964 0.07234
Barber Quarters 1892-1916 0.18084
Standing Liberty Quarters 1916-1930 0.18084
Washington Quarters 1932-1964 0.18084
Barber Half Dollar 1892-1915 0.36169
Walking Liberty Half 1916-1947 0.36169
Franklin Half Dollar 1948-1963 0.36169
Kennedy Half Dollar 1964 0.36169

Kennedy Half Dollar 1965-1969 0.14789
Trade Dollar 1873-1885 0.78761
Morgan Dollar 1878-1921 0.77343
Peace Dollar 1921-1935 0.77343

Example - the price of silver is $15 and I have a Kennedy Half Dollar. So the calculation is 15x0.36169=$5.68

In Gold We Trust Is an Online Calculator giving up to the minute prices on all silver dollars and junk silver coins

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