Silver Coin Melt Calculator | Junk Silver Value | EVB
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Free Tool · Live Spot

Silver Coin Melt Calculator

Enter the face value of your pre-1965 coins and the count of everything else. The calculator adds up the silver and prices it off the live spot, the same shortcut the trade uses.

Four five-ounce fine silver bars from different mints

The Calculator

What Your Silver Coins Hold

Count dimes, quarters and halves by face value: $10 in pre-1965 change is $10, however it’s split. Count everything else by the coin.

Loading the live price…
Face value in dollars, 1964 and earlier
Number of coins, 1965–1970
Number of coins, 1942–1945, big mintmark over Monticello
Number of coins
Number of coins
Total troy ounces

Melt value

$371.80

7.15 troy oz of silver

Melt value is not an offer. Every buyer, us included, pays below melt; the gap covers refining, risk and margin. What matters is how big that gap is and whether the buyer shows you the math. A few dates and high grades are worth more than their silver, so sort by date before you sell anything as melt.

The Numbers

How Much Silver Is in Each Coin

US coins were struck to a fixed standard, which is why face value works as a shortcut for 90 percent coins.

CoinYearsSilverSilver per coinPer $1 face
Dime1964 and earlier90%0.0723 troy oz0.715 troy oz
Quarter1964 and earlier90%0.1808 troy oz0.715 troy oz
Half dollar1964 and earlier90%0.3617 troy oz0.715 troy oz
Kennedy half1965–197040%0.1479 troy oz0.296 troy oz
War nickel1942–194535%0.0563 troy oz—
Morgan & Peace dollar1878–193590%0.7734 troy oz—
Dime, quarter, half1965 on (Kennedy from 1971)None0Face value only

Per-coin figures are for coins as struck. Circulated 90 percent coins average about 0.715 troy ounces per dollar of face value because of wear, slightly under the 0.723 they started with, and that is the figure the calculator uses.

Before You Count

Sort by Date First

1964 is the line
Dimes, quarters and halves dated 1964 or earlier are 90 percent silver. From 1965 they are copper-nickel, except Kennedy halves, which stayed 40 percent silver through 1970.
War nickels
From late 1942 through 1945, nickels were 35 percent silver. They have a large P, D or S mintmark above Monticello’s dome on the back. Some 1942 nickels are silver and some aren’t, so look for the mintmark.
Coins worth more than melt
Key dates such as the 1916-D Mercury dime or the 1932-D and 1932-S Washington quarters, Carson City Morgans and coins in high grade sell for more than their silver. Pull those out before counting the rest by face.
Cleaning
Don’t clean coins. It doesn’t change the silver and it can wipe out a collector premium.

FAQ

Silver Coin Questions

Quick answers about the silver in US coins.

How much silver is in a pre-1965 quarter?
0.1808 troy ounces as struck. Four of them, a dollar of face value, hold about 0.715 troy ounces once normal wear is counted.
Are 1965 quarters silver?
No. Dimes and quarters dated 1965 and later are copper-nickel and worth face value.
Which Kennedy halves are silver?
1964 Kennedy halves are 90 percent silver. 1965 through 1970 are 40 percent. Circulating halves from 1971 on have no silver.
How do I spot a war nickel?
Look for a large P, D or S mintmark above Monticello on the back of a 1942 to 1945 nickel. That placement was only used on the silver issues.
Why is it called junk silver?
It means common circulated coins valued for their silver rather than as collectibles. Our silver coins page explains how they’re counted and priced.

Ready to Sell Your Silver Coins?

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