The scrap value of a silver coin depends on several factors, primarily the current market price of silver (known as the spot price), the coin’s silver purity (fineness), and its weight.
Based on the current spot price of silver (as of August 13, 2025, 4:14 AM ET):
- Silver price per ounce: $38.69 USD
- Silver price per gram: $1.24 USD
Here’s how to determine the scrap value of some common U.S. silver coins:
These coins, including dimes, quarters, and half dollars, are composed of 90% silver and 10% copper.
- 90% silver dime (e.g., Roosevelt Dime 1946-1964): Contains 0.0723 troy ounces of silver, with a melt value of $2.77 USD.
- 90% silver quarter (e.g., Washington Quarter 1932-1964): Contains 0.1808 troy ounces of silver, with a melt value of $6.92 USD.
- 90% silver half dollar (e.g., Franklin Half Dollar 1948-1963): Contains 0.36169 troy ounces of silver, with a melt value of $13.83 USD.
- Morgan and Peace Dollars (1878-1935): Contain 0.7734 troy ounces of silver, with a melt value of $29.58 USD.
These Kennedy Half Dollars are made of 40% silver and 60% copper.
- Kennedy Half Dollar (1965-1970): Contains 0.1479 troy ounces of silver, with a melt value of $5.66 USD.
- “War Nickels” (1942-1945): These contain 35% silver due to wartime nickel shortages. They weigh 5 grams and contain 1.75 grams (0.0563 troy oz) of silver, with a melt value of $2.15 USD.
Note: Coin collectors may pay a premium above the melt value for certain silver coins due to their rarity, condition, and numismatic interest. If you are looking to sell silver coins, it is best to consult with a reputable coin dealer to get an accurate valuation.
