Question by  thomas (35)

How can I determine the value of a scrap coin that is silver?

I have several silver scrap coins and would like to sell them but do not know the value of them.


Answer by  BrianSJ (524)

As a rule of thumb, $1. 40 face value of scrap silver contains one troy ounce of silver. Recently, silver prices have been around $17. 50 per troy ounce. So, to get an approximate value for the silver bullion in your coins, multiply by 12. 5- a dime is worth about $1. 25, a quarter just over $3, and a half dollar $6. 25.


Answer by  wigglewasp (781)

Take them to a coin shop and get a free estimate on them. The person at the coins shop may charge just a small fee.


Answer by  Darkephoenix (1789)

Scrap silver coins will almost always be bought at. 50 below whatever the market value for an ounce of silver is by any reputable coin dealer.

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