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  1. #1
    Charter Member
    us
    Mar 2009
    Northport, Maine
    Minelab E-Trac, Excalibur 1000, ATPro
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    What Is Spot For $1.00 Face Silver?

    What Is Spot For $1.00 Face Silver? and how did you arrive at the answer. I have a chance to buy at $28.00 spot for a $100.00 face value of quarters, dimes and 90% halves. Should I go for it? Thanks for your time, Charlie

  2. #2
    Charter Member
    us
    da book worm--researcher

    Feb 2007
    callahan,fl
    delta 4000 / ace 250 - used BH and many others too
    13,090
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    Re: What Is Spot For $1.00 Face Silver?

    go to www.coinflation.com ---find out the current "full" market actual silver value per each coin is --then figger it out by adding up -- normally if say the value of a silver dime is say currently $2 then a quarter would be $5 and a half $10 --since the silver coins are set up by wieght 2 1/2 90% silver dimes in silver weights what a 90% quarter worth of silver would be and a 90% half is equal to 5 dimes worth of silver --so theres a ratio by silver weight / value wize --in 90% silver --dime , quarter and half coins

    current full melt silver values are

    90% dimes $3.18
    90% quarters $ 7.95
    90% halfs (64 and before only) $15.90
    40% halfs (65 to 70) $6.50

    so long as they are all 90% coins *--current full spot is about $31.80 per dollar of 90 % coins --so $28 bucks is about 90% of current full spot price per dollar of 90% coins

  3. #3
    Charter Member
    us
    Mar 2009
    Northport, Maine
    Minelab E-Trac, Excalibur 1000, ATPro
    1,229
    19 times
    All Types Of Treasure Hunting

    Re: What Is Spot For $1.00 Face Silver?

    Quote Originally Posted by ivan salis
    go to www.coinflation.com ---find out the current "full" market actual silver value per each coinis --then figger it out by adding up -- normally if say the value of a silver dime is say currently $2 then a quarter would be $5 and a half $10 --since the silver coins are set up by wieght 2 1/2 90% silver dimes in silver weights what a 90% quarter worth of silver would be and a 90% half is equal to 5 dimes worth of silver --so theres a ratio by silver weight / value wize --in 90% silver --dime , quarter and half coins

    current full melt silver values are

    90% dimes $3.18
    90% quarters $ 7.95
    90% halfs (64 and before only) $15.90
    40% halfs (65 to 70) $6.50

    so long as they are all 90% coins --current full spot is about $31.80 per oz --so $28 bucks is about 90% of current full spot price
    THANK YOU IVAN YOUR THE MAN, Charlie

  4. #4
    Charter Member
    us
    da book worm--researcher

    Feb 2007
    callahan,fl
    delta 4000 / ace 250 - used BH and many others too
    13,090
    18 times
    Honorable Mentions (1)

    Re: What Is Spot For $1.00 Face Silver?

    just make sure the halves are 64's --not 65 to 70 --big differance between 15.90 (1964 and earlier 90%) and 6.50 (65 to 70- 40%) -- like $9.40 per

    I should have said -- per 1 dollar face value 90% silver coins are $31.80 per dollar at current full current silver melt price at THIS current time ....the offer of $28 dolars for 1 dollar of 90% is about 90% of full silver current value provided --they are ALL 90% silver --(no 1965 to 70 40% halfs in the mix)

  5. #5
    Charter Member
    us
    Mar 2009
    Northport, Maine
    Minelab E-Trac, Excalibur 1000, ATPro
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    All Types Of Treasure Hunting

    Re: What Is Spot For $1.00 Face Silver?

    Quote Originally Posted by ivan salis
    just make sure the halves are 64's --not 65 to 70 --big differance between 15.90 (1964 and earlier 90%) and 6.50 (65 to 70- 40%) -- like $9.40 per
    Thanks Ivan for the input. I don't deal in 40%'s anyway, Charlie

  6. #6
    Charter Member
    us
    da book worm--researcher

    Feb 2007
    callahan,fl
    delta 4000 / ace 250 - used BH and many others too
    13,090
    18 times
    Honorable Mentions (1)

    Re: What Is Spot For $1.00 Face Silver?

    bookmark or favorite the coinflation site ---it can give you free up to date value as per the market --so you have a solid ideal of current values and what to offer for coins

  7. #7
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,544
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    Re: What Is Spot For $1.00 Face Silver?

    discriminate out Spike TV and American Diggers !

  8. #8
    us
    Dec 2006
    Staint Cloud area, Minnesota
    White's DFX
    398

    Re: What Is Spot For $1.00 Face Silver?

    An easy way to figure a silver coin's value when you don't have a puter to look it up is to multiply .723 times the present silver price. Then that gives you the X face value of a 90% silver coin. Example. Silver is at $45.64/oz. Multiply .723 times $45.64 =33. Then 33 times the face value (10c, 25c, & 50c) = the silver value of the coin. Now silver dollars have 6.5% more silver PER WEIGHT in it than the other silver coins. (Or multiply .7734 times the present silver price.)

  9. #9
    Charter Member
    us
    Jan 2010
    Prudhoe Bay, AK
    1,090
    7 times

    Re: What Is Spot For $1.00 Face Silver?

    Quote Originally Posted by Marchas45
    Quote Originally Posted by ivan salis
    just make sure the halves are 64's --not 65 to 70 --big differance between 15.90 (1964 and earlier 90%) and 6.50 (65 to 70- 40%) -- like $9.40 per
    Thanks Ivan for the input. I don't deal in 40%'s anyway, Charlie
    You should if you can pick up 1970-D's, they are going for almost 12.00 per. Rare coin and some people who have them do not
    realize that so you might be able to pick them up at spot.
    [R.I.P. Rich Hartford - Champion CRH of All Time]

  10. #10
    us
    May 2005
    Northern California
    4,955
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    All Types Of Treasure Hunting

    Re: What Is Spot For $1.00 Face Silver?

    $1.00 spot 90%ers is at 35.71 at the moment. Jump on it if it's still there. Silver is at $46.17 right now but has probably changed as I typed this.
    Banking off a Northeast wind, sailin' on a summer breeze

 

 

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