- Apr 6, 2010
- Reaction score
Meh, too hard to remember. I kinda know what I'm doing and did the math wrong (your math is for $1 worth of junk silver). I like Coinflation, up to date and gives you the data quickly.
1948-1963 Silver Franklin Half Dollars are updated with the live silver price. This site measures the pure metal value or current melt value of U.S. circulating and pre-1965 silver coins. Values for the 1961 and 1962 half dollar types are included.www.coinflation.com
Each coin has a Silver melt value of $8.427 today.
Edit: I also think that would be my minimum take right now with the premiums lately. Maybe a slight discount for 1 large bulk transaction.
the .715 X spot is an industry standard to determine $1 face value of 90% coinage. coinflation is not accurate in determining true value of 90% silver because they factor the value of brand new uncirculated coins plus the copper value. No one values 90% coinage in the way that conflation does. It's just not accurate.
Some dealers will actually weigh 90% coinage to determine value. In reality this is the only truly accurate method in determining silver value of coins - but the .715 X spot works pretty good too.