The value of a one troy ounce, 0.999 fine silver coin is generally determined by the spot price of silver at the time of purchase or sale, plus a premium. As of August 13, 2025 at 3:00 PM ET, the live silver spot price for one ounce of silver is $38.14.
However, the specific price can vary depending on several factors:
- Type of Coin or Bar: Some coins, like the American Silver Eagle, may carry a higher premium due to their recognition and government backing. Other popular options include silver rounds and bars which may have slightly lower premiums.
- Dealer or Seller: Different dealers and online platforms will offer slightly different prices based on their own pricing structures, inventory, and other factors.
- Condition of the Coin: For collectible coins, excellent condition can significantly increase the value beyond the melt value.
- Mintage (for collectible coins): Limited mintage coins or coins with historical significance may be more valuable to collectors.
- American Silver Eagle : $44.00.
- PAMP Suisse Round : $42.32.
- Secondary Market Silver Bar : $41.28.
It’s important to remember that these are just examples and the actual price you pay or receive will fluctuate with the silver market and the specific coin you are interested in.
What is the difference between .999 silver and .999 fine silver?
999 silver, is silver with a purity of at least 99.9%. This means that for every 1,000 parts, 999 are pure silver, with the remaining 0.1% being trace impurities. Fine silver is usually recognizable by its hallmark or stamp indicating “. 999” or “999.” It boasts a brilliant white luster and is highly malleable.