Silver at 12 times face value today

[Dan Hughes]

The market price of silver has risen to $16.34 an ounce.

This means that every silver dime is worth almost 12 times its face value (actually $1.18 as I write, but it changes by the minute).

Quarters are worth $2.95, and half dollars $5.91.

So get out there and dig those silver coins!

By the way, war nickels (1942-1945, with the big mint mark above Monticello) are 35% silver, and are worth 92 cents each.

To check the current price of silver and what that price translates to in coin melt value, bookmark this site:

http://www.coinflation.com/silver_coin_values.html

---Dan Hughes, http://treasuremanual.com

 

[AU24K]

Thanks, Dan.
Scott

 

[el_gral]

Yeah ive been watching it closely too. Its great but its not so great for me. Its great because the coins in my collection are worth more but its not so great because ive been saving up all year long to buy some rolls of morgs, halves and such later this year and now im thinking of holding back hoping theres a dip in the silver prices.

Ah well can't have it both ways i guess.

 

[allen]

very useful info !!