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As the dollar collapses it will become common knowledge that pre-1965 US Coins contain 90% silver, so it’s important to know how to calculate the silver (true) value of each coin.
The Manual Calculation Method
(Important to know for barter situations, can be applied to ANY silver coin)
All you need to know is daily spot price of silver and how much silver each coin contains, and with simply multiplication you can determine the value of your coin/s on any given day.
Dimes (pre 1965):
Silver content: 0.07234 troy ounces.
1.Multiply 0.07234 by the spot price of silver for that day. So if spot price is $30, you would multiply 0.07234 X 30 = 2.17 or $2.17.
So your “junk” silver dime is worth $2.17 cents in this scenario, despite that it’s face value is only $0.10 cents.
Repeat same calculation with new silver amount for other coins.
Quarters (pre 1965):
Silver content: 0.18084
0.18084 x 30 = 5.42 or $5.42
Face Value: $0.25
True Value: $5.42
Half Dollars (pre 1965):
Silver content: 0.36169
0.36169 x 30 = 10.85 or $10.85
Face Value: $0.50
True Value: $10.85
Remember, that market price for silver is always changing, so adjust your formulas accordingly.
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The Automatic Calculation Method
(Useful for quick online calculations and to double check manual calculations)