Junk Silver Calculator

Using the Junk Silver Calculator

The Junk Silver Calculator helps you determine the value of various types of silver coins based on their silver content and current market conditions. To use the calculator, follow these step-by-step instructions:

Step 1: Select Coin Type

• Begin by selecting the type of coin you wish to calculate the value for. The calculator offers options for:
  • Pre-1965 Quarter (90% silver): 0.715 oz
  • Pre-1965 Dime (90% silver): 0.3575 oz
  • Pre-1965 Half Dollar (90% silver): 1.4375 oz
  • 1965-1970 Half Dollar (40% silver): 0.723 oz
  • Peace/Morgan Dollar (90% silver): 0.77344 oz

Step 2: Enter Number of Coins

• In the Number of Coins field, input the quantity of coins you possess. Ensure that this is a whole number and greater than zero.

Step 3: Input Silver Spot Price

• In the Silver Spot Price (USD/oz) field, enter the current price of silver per ounce in USD. The value should be greater than or equal to $0.01.

Step 4: Specify Premium/Discount

• Optionally, enter a Premium/Discount (%) to factor any market adjustments into the calculation. This value can range from -100% to 100% to accommodate both premiums and discounts.

Step 5: Calculate Results

• After entering all necessary values, the calculator will process the following results:
  • Total Troy Ounces of Silver: Calculated by multiplying the quantity of coins with the selected coin type’s silver content.
  • Melt Value: Derived from the total silver ounces multiplied by the silver spot price.
  • Premium/Discount Amount: The adjustment amount based on the percentage given, applied to the melt value.
  • Total Value: The combined value of the melt value and the premium/discount amount.
  • Price Per Coin: The total value divided by the number of coins, representing the value per individual coin.

By following these steps, you can efficiently determine the value of your silver coins based on current market conditions and any premiums or discounts applied.