What is a good, accurate, up to date website for finding melt values of silver coins? There are plenty of sites but I don't know which ones are reliable or not. I'm looking for the melt value of a 40% half dollar.
There is a Coinflation app that makes it so easy to quickly look up the prices. Just type in how many of what denomination you have and it gives you the melt value.
Coinflation's your site. Do keep in mind, though, that 40% silver trades at a discount to its "melt" value -- it's more expensive to refine, and even if nobody ever actually melts it down, that reduces its value.
Also would like to add that I've always been able to sell 40% and War Nickels at melt. Might take twice as long...but always been able to do it.
It can certainly be done. But if you're willing to wait as long, you can also sell 90% well above melt in the same market, right? Whether you're selling to a major dealer like Provident with fair and transparent pricing, or a local dealer who lowballs everyone trying to sell, or a mob of eBay bidders who take everything well above retail value, it's been my experience that 40% nearly always brings less per ounce of actual silver content than 90%. Same thing with sterling; same thing, only more so, with 35% war nickels. But I'll freely admit that I don't have as much experience selling as many others here on the forum, @stldanceartist most definitely included.
I was at an auction on Sunday and saw common, circulated Roosevelts sell for 15x FV (plus a 15% buyer's premium!!!) and common, circulated Walkers sell for 18x FV. Made me wish I had included my silver in that auction!
Write these on a small card and place it in your wallet and/or next to your computer. 90% $ - .77344 x melt 40% $ - .3161 x melt 90% 50c - .36169 x melt 40% 50c - .1479 x melt 90% 25c - .18084 x melt 40% 25c - .0739 x melt 90% 10c - .07234 x melt 35% 5c - .05626 x melt Chris
Liberty seated coins have slight variations in melt value, depending on variety (i.e. year). Although the silver content (in terms of % of total weight) was constant (90%), the total weight of the coins varied therefore the melt value varies slightly. Only matters if you have a bunch of these coins or if you are a stickler for accuracy.
It looks like coinflation.com won out by the slimmest of margins. So I reckon that's the one I will use. Thanks for the suggestions.
