Silver/Gold Value

How do you calculate the price of a coin based on melt value? For instance a Morgan Dollar.

 

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To make life easier, you just surf on over to Coinflation.com and check the current metal value based on the spot price.

 

Click on that link.

http://www.silvercoinstoday.com/silver-calculators/us-silver-coin-calculator/

 

Thank you!

 

Awesome link! thanks! I usually use coinflation and do the math myself, but this is even easier!

 

Now that I know 1 Morgan dollar is worth $35, does that really mean I could sell it to a dealer for that price?

 

No. Expect anywhere between 85% to 95% (if you're lucky) of that, if it's junk. If you want melt price, you're better off selling it to another collector.

 

Mexican silver is becoming popular as well.
Krispy sent me this site that I have found handy.

http://www.wescottfamily.net/silverme.html

 

Heres the formula for when your on the run. A morgan/peace dollar contains .77 of an ounce of silver per coin. Halfs, Dimes, and Quarters (pre '65) have .715 of an ounce of silver per $1 Face. so if you have a quarter and a dime, you have .35 x .715 x spot

 

Coinflation has the same melt value calculators as silvercoinstoday for all types of coins. You just have to know how to navigate their site.

http://www.coinflation.com/coins/silver_coin_calculator.html

 

I've seen the silver melt calculator on coinflation before, I like the one on silvercoinstoday because you can do it all at once.